ETF · Xtrackers
XJ2D Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution
ISIN LU3003218958London Stock Exchange: XJ2DDeutsche Bank AG
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£6.36
on
- Ongoing charge
- 0.20% a year
- Fund size
- £340k
As of , at least 15 min delayed
At a glance
As of 13/11/2026, XJ2D (Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution, ISIN LU3003218958) closed at £6.36 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the year to 13/11/2026 its total return was −1.9%, or −5.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −1.9%
- −5.4% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution in pounds (price only, income paid out not included): 2026 to 13/11/2026 −3.7%. Returns of Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −7.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −3.7% | −6.7% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −7.2% | −10.5% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
4.9%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since March 2025
- −11.2%
- From to
- Below its highest weekly close since March 2025
- 9.5%
- High of , latest
In words: Volatility of Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution in pounds, annualised from weekly returns to 13/11/2026: 4.9% over 1 year. Largest fall in the price of Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution since March 2025, in pounds: −11.2% from 04/04/2025 to 25/09/2026. On 13/11/2026 the price of Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution was 9.5% below its highest weekly close since March 2025 (04/04/2025), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.20%
- a year
- On £10,000
- £20
- a year, roughly
- Over five years
- £100
- of £10,000, before growth
- 219 charge less
- 30 the same
- 62 charge more
Ongoing charge of Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution 0.20% a year. Compared on 14/11/2026, 62 of the 311 other government bond funds charge more, 30 the same and 219 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution is an exchange-traded fund (ETF) from Xtrackers, launched in 2025.
It tracks the FTSE Japanese Government Bond Index - JPY - Benchmark TR Net — large and medium-sized Japanese companies.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.2% a year — about £20 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.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- XJ2D
- ISIN
- LU3003218958
- Provider
- Xtrackers
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.20% a year · about £20 on £10,000
- Fund size
- £340k
- Launched
- Domicile
- Luxembourg
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Over the last year, the closing price went from £6.71 on 14/11/2025 to £6.36 on 13/11/2026 (−5.3%). The lowest close shown was £6.24 on 25/09/2026 and the highest £6.71 on 14/11/2025.
One close a week. Before 03/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
86 weekly closes, from 28/03/2025 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 284
- on record
- Ten largest
- 12.9%
- of the whole fund
- Effective number of holdings
- 194
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 1.5%
- Japan (Government Of) 10YR #383
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Japan (Government Of) 10YR #383Japan | 1.52% |
| 2 | Japan (Government Of) 10YR #382Japan | 1.48% |
| 3 | Japan (Government Of) 10YR #380Japan | 1.45% |
| 4 | Japan (Government Of) 10YR #381Japan | 1.39% |
| 5 | Japan (Government Of) 5YR #183Japan | 1.36% |
| 6 | Japan (Government Of) 10YR #379Japan | 1.25% |
| 7 | Japan (Government Of) 10YR #376Japan | 1.14% |
| 8 | Japan (Government Of) 10YR #378Japan | 1.14% |
| 9 | Japan (Government Of) 10YR #377Japan | 1.08% |
| 10 | Japan (Government Of) 5YR #178Japan | 1.06% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 284 holdings; the ten largest make up 12.9% of it. The fund's portfolio is also split by currency.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track FTSE Japanese Government Bond Index - JPY - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.20% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Xtrackers II Japan Government Bond UCITS ETF -1C- CapitalisationAccumulating · 0.15% a year | 0.15% | −11.0% | −25.0% | −44.3% |
| Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- DistributionThis fundDistributing · Currency hedged · 0.20% a year | 0.20% | −1.9% | Not reported | Not reported |
As of
FTSE Japanese Government Bond funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountLargest falls and recoveries
The largest fall since March 2025, in pounds, with how many weeks it took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of XJ2D?
The ongoing charge of XJ2D is 0.20% a year — about £20 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Xtrackers II JAPAN GOVERNMENT BOND UCITS ETF -2D GBP Hedged- Distribution 0.20% a year. Compared on 14/11/2026, 62 of the 311 other government bond funds charge more, 30 the same and 219 less (share classes counted once).
What does XJ2D track?
XJ2D tracks the FTSE Japanese Government Bond Index - JPY - Benchmark TR Net — large and medium-sized Japanese companies.
Is XJ2D accumulating or distributing?
XJ2D is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of XJ2D?
The ISIN of XJ2D is LU3003218958. An ISIN identifies one exact share class of a fund; XJ2D is its ticker on the London Stock Exchange.
What does XJ2D hold?
As of 15/11/2026, XJ2D holds 284 positions, according to its published holdings. The largest is Japan (Government Of) 10YR #383 at 1.52% of the fund; the ten largest make up 12.9%. Its ten largest holdings are Japan (Government Of) 10YR #383 (1.52%), Japan (Government Of) 10YR #382 (1.48%), Japan (Government Of) 10YR #380 (1.45%), Japan (Government Of) 10YR #381 (1.39%), Japan (Government Of) 5YR #183 (1.36%), Japan (Government Of) 10YR #379 (1.25%), Japan (Government Of) 10YR #376 (1.14%), Japan (Government Of) 10YR #378 (1.14%), Japan (Government Of) 10YR #377 (1.08%) and Japan (Government Of) 5YR #178 (1.06%).
What were XJ2D’s returns in each of the last five years?
Calendar-year returns of XJ2D in pounds (price only, income paid out not included): 2026 to 13/11/2026 −3.7%. Past performance is not a guide to future returns.
How has XJ2D done after inflation?
Over the year to 13/11/2026 XJ2D’s total return was −1.9%, or −5.4% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at Xtrackers (DWS) (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.