# Xtrackers II Eurozone Government Bond UCITS ETF (XGLE) **Source:** https://fundology.uk/fund/xgle · ISIN LU0290355717 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, XGLE (Xtrackers II Eurozone Government Bond UCITS ETF, ISIN LU0290355717) closed at €214.99 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the five years to 30/09/2026 its total return was −15.0%, or −33.6% after UK CPIH inflation. ## Summary Xtrackers II Eurozone Government Bond UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2007. It tracks the iBoxx Euro Sovereigns. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.07% a year — about £7 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **€214.99** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XGLE | | ISIN | LU0290355717 | | Category | Government bonds | | Type | ETF | | Provider | Xtrackers | | Tracks | iBoxx Euro Sovereigns | | Income | Accumulating | | Ongoing charge | 0.07% a year (£7 per £10,000) | | Fund size | £1.5bn | | Launched | 2007 | | Domicile | Luxembourg | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -4.90% | -7.89% | income reinvested | | 3 years | +4.83% | -5.40% | income reinvested | | 5 years | -15.03% | -33.57% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers II Eurozone Government Bond UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −13.7%, 2023 +4.6%, 2024 −3.0%, 2025 +5.7%; 2026 to 30/09/2026 −5.2%. Returns of Xtrackers II Eurozone Government Bond UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −4.9%; to 30/09/2025: +4.8%; to 30/09/2024: +5.3%; to 30/09/2023: −4.5%; to 30/09/2022: −14.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -13.7% | -21.0% | Price | | 2023 | +4.6% | +0.5% | Price | | 2024 | -3.0% | -6.3% | Price | | 2025 | +5.7% | +2.1% | Price | | 2026 to 30/09/2026 | -5.2% | -7.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.33% | -7.70% | | 3 years | 5.60% | -7.70% | | 5 years | 6.85% | -19.40% | ## Largest fall Volatility of Xtrackers II Eurozone Government Bond UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 5.3% over 1 year, 5.6% over 3 years, 6.9% over 5 years. Largest fall in the price of Xtrackers II Eurozone Government Bond UCITS ETF since October 2021, in pounds: −19.4% from 10/12/2021 to 06/10/2023. The lowest 12-month return of Xtrackers II Eurozone Government Bond UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −16.6% (12 months to 04/11/2022); the highest was +8.5% (12 months to 27/02/2026). On 30/09/2026 the price of Xtrackers II Eurozone Government Bond UCITS ETF was 15.0% below its highest weekly close since October 2021 (10/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers II Eurozone Government Bond UCITS ETF 0.07% a year, as of 01/10/2026: 212 of the 274 other government bond funds charge more, 32 the same and 30 less (share classes counted once). ## Funds tracking the same index 3 funds track iBoxx Euro Sovereigns, this one included and share classes counted once; their ongoing charges range from 0.07% to 0.20% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Xtrackers II Eurozone Government Bond UCITS ETF (this fund) | 0.07% | -4.9% | +4.8% | -15.0% | | Xtrackers II Eurozone Government Bond UCITS ETF -2D Hedged- Distribution | 0.20% | -1.2% | +0.3% | — | | Xtrackers II Eurozone Government Bond UCITS ETF 2C-USD Hedged Capitalisation | 0.20% | -0.0% | +2.9% | +1.7% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.07%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 01/10/2026): | Holding | Weight | |---|---| | Italy (Republic Of) | 21.33% | | Spain (Kingdom Of) | 8.98% | | Germany (Federal Republic Of) | 8.56% | | France (Republic Of) | 8.42% | | Portugal (Republic Of) | 1.86% | | Belgium (Kingdom Of) | 1.18% | | Greece Republic of (Government) | 0.96% | | Netherlands (Kingdom Of) | 0.92% | | Austria (Republic Of) | 0.91% | | Finland (Republic Of) | 0.82% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Sector | Weight | |---|---| | unknown | 99.2% | | Government | 0.8% | ### By country Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Country | Weight | |---|---| | France | 24.0% | | Italy | 21.6% | | Germany | 19.4% | | Spain | 13.9% | | Belgium | 4.9% | | Netherlands | 4.0% | | Austria | 3.5% | | Portugal | 1.9% | | Other countries | 6.7% | | Not classified | 0.0% | ### By type of asset Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Type of asset | Weight | |---|---| | Bonds | 99.8% | | Equity | 0.1% | | Cash and money market | 0.0% | All 215 holdings: https://fundology.uk/fund/xgle/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.