# Xtrackers II Global Government Bond UCITS ETF (XGSG) **Source:** https://fundology.uk/fund/xgsg · ISIN LU0641006290 · 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, XGSG (Xtrackers II Global Government Bond UCITS ETF, ISIN LU0641006290) closed at £22.95 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 30/09/2026 its total return was −8.2%, or −28.2% after UK CPIH inflation. ## Summary Xtrackers II Global Government Bond UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2011. It tracks the FTSE WGBI - Developed Markets (EUR). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.25% a year — about £25 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£22.95** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XGSG | | ISIN | LU0641006290 | | Category | Government bonds | | Type | ETF | | Provider | Xtrackers | | Tracks | FTSE WGBI - Developed Markets (EUR) | | Income | Distributing | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £263m | | Launched | 2011 | | 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 | -1.69% | -4.77% | income reinvested | | 3 years | +7.97% | -2.57% | income reinvested | | 5 years | -8.19% | -28.23% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers II Global Government Bond UCITS ETF in pounds (price only, income paid out not included): 2022 −16.1%, 2023 +3.1%, 2024 −2.0%, 2025 +1.3%; 2026 to 30/09/2026 −4.6%. Returns of Xtrackers II Global Government Bond UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.5%; to 30/09/2025: −1.5%; to 30/09/2024: +6.0%; to 30/09/2023: −3.3%; to 30/09/2022: −15.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -16.1% | -23.2% | Price | | 2023 | +3.1% | -1.0% | Price | | 2024 | -2.0% | -5.3% | Price | | 2025 | +1.3% | -2.2% | Price | | 2026 to 30/09/2026 | -4.6% | -7.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.25% | -5.81% | | 3 years | 4.55% | -6.30% | | 5 years | 5.28% | -19.62% | ## Largest fall Volatility of Xtrackers II Global Government Bond UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 4.3% over 1 year, 4.6% over 3 years, 5.3% over 5 years. Largest fall in the price of Xtrackers II Global Government Bond UCITS ETF since October 2021, in pounds: −19.6% from 03/12/2021 to 20/10/2023. The lowest 12-month return of Xtrackers II Global Government Bond UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −16.8% (12 months to 04/11/2022); the highest was +6.4% (12 months to 18/10/2024). On 30/09/2026 the price of Xtrackers II Global Government Bond UCITS ETF was 19.1% below its highest weekly close since October 2021 (03/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers II Global Government Bond UCITS ETF 0.25% a year, as of 01/10/2026: 28 of the 274 other government bond funds charge more, 14 the same and 232 less (share classes counted once). ## Funds tracking the same index 4 funds track FTSE WGBI - Developed Markets (EUR), this one included and share classes counted once; their ongoing charges range from 0.20% to 0.25% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Xtrackers II Global Government Bond UCITS ETF | 0.25% | -5.6% | +1.3% | -15.6% | | Xtrackers II Global Government Bond UCITS ETF (this fund) | 0.25% | -1.7% | +8.0% | -8.2% | | Xtrackers II Global Government Bond UCITS ETF 5C Capitalisation | — | -2.9% | -1.1% | -14.4% | | Xtrackers II SICAV - Xtrackers II Global Government Bond UCITS ETF -4D- Distribution | 0.20% | — | — | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 01/10/2026): | Holding | Weight | |---|---| | Treasury Note | 36.14% | | Treasury Bond | 8.39% | | Italy (Republic Of) | 6.46% | | United Kingdom of Great Britain An | 2.85% | | Spain (Kingdom Of) | 2.68% | | Germany (Federal Republic Of) | 2.60% | | France (Republic Of) | 2.52% | | UK Conv Gilt | 2.50% | | Canada (Government Of) | 2.21% | | Korea (Republic Of) | 1.65% | ## 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 country Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Country | Weight | |---|---| | United States | 47.2% | | Japan | 10.0% | | France | 7.3% | | Italy | 6.5% | | United Kingdom | 6.1% | | Germany | 5.8% | | Spain | 4.2% | | Canada | 2.2% | | Other countries | 10.5% | | 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% | | Cash and money market | 0.2% | | Equity | 0.1% | All 514 holdings: https://fundology.uk/fund/xgsg/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.