# Xtrackers II Global Government Bond UCITS ETF (XGSI) **Source:** https://fundology.uk/fund/xgsi · ISIN LU0641006456 · 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, XGSI (Xtrackers II Global Government Bond UCITS ETF, ISIN LU0641006456) closed at $12.98 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 −5.1%, or −25.8% after UK CPIH inflation. ## Summary Xtrackers II Global Government Bond UCITS ETF is an exchange-traded fund (ETF) from Xtrackers, launched in 2017. 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **$12.98** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XGSI | | ISIN | LU0641006456 | | Category | Government bonds | | Type | ETF | | Provider | Xtrackers | | Tracks | FTSE WGBI - Developed Markets (EUR) | | Income | Accumulating | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £224m | | Launched | 2017 | | 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 | -0.52% | -3.64% | income reinvested | | 3 years | +0.08% | -9.69% | income reinvested | | 5 years | -5.13% | -25.83% | 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, with income reinvested in the fund): 2022 −2.8%, 2023 +0.1%, 2024 +1.7%, 2025 −2.8%; 2026 to 30/09/2026 −0.9%. Returns of Xtrackers II Global Government Bond UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −1.2%; to 30/09/2025: +1.3%; to 30/09/2024: −0.1%; to 30/09/2023: −10.4%; to 30/09/2022: +7.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -2.8% | -11.1% | Price | | 2023 | +0.1% | -3.9% | Price | | 2024 | +1.7% | -1.8% | Price | | 2025 | -2.8% | -6.1% | Price | | 2026 to 30/09/2026 | -0.9% | -3.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 6.49% | -4.88% | | 3 years | 7.09% | -8.97% | | 5 years | 8.03% | -14.18% | ## Largest fall Volatility of Xtrackers II Global Government Bond UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 6.5% over 1 year, 7.1% over 3 years, 8.0% over 5 years. Largest fall in the price of Xtrackers II Global Government Bond UCITS ETF since October 2021, in pounds: −14.2% from 23/09/2022 to 14/07/2023. The lowest 12-month return of Xtrackers II Global Government Bond UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −12.2% (12 months to 14/07/2023); the highest was +7.8% (12 months to 13/05/2022). On 30/09/2026 the price of Xtrackers II Global Government Bond UCITS ETF was 10.4% below its highest weekly close since October 2021 (23/09/2022), 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% | -1.7% | +8.0% | -8.2% | | Xtrackers II Global Government Bond UCITS ETF (this fund) | 0.25% | -0.5% | +0.1% | -5.1% | | 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/xgsi/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.