# Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution (XSTR) **Source:** https://fundology.uk/fund/xstr · ISIN LU0321464652 · 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, XSTR (Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution, ISIN LU0321464652) closed at £180.59 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 30/09/2026 its total return was +19.2%, or −6.8% after UK CPIH inflation. ## Summary Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution is an exchange-traded fund (ETF) from Xtrackers, launched in 2007. It tracks the Solactive SONIA Daily Index - GBP - Benchmark TR Gross. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.1% a year — about £10 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: **£180.59** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XSTR | | ISIN | LU0321464652 | | Category | Cash-like & short-term | | Type | ETF | | Provider | Xtrackers | | Tracks | Solactive SONIA Daily Index - GBP - Benchmark TR Gross | | Income | Distributing | | Ongoing charge | 0.10% a year (£10 per £10,000) | | Fund size | £147m | | 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 | +3.78% | +0.52% | income reinvested | | 3 years | +14.01% | +2.88% | income reinvested | | 5 years | +19.17% | -6.84% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution in pounds (price only, income paid out not included): 2022 +0.9%, 2023 +0.4%, 2024 −0.2%, 2025 0.0%; 2026 to 30/09/2026 −1.4%. Returns of Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: 0.0%; to 30/09/2025: −0.3%; to 30/09/2024: 0.0%; to 30/09/2023: −0.2%; to 30/09/2022: +0.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +0.9% | -7.6% | Price | | 2023 | +0.4% | -3.6% | Price | | 2024 | -0.2% | -3.6% | Price | | 2025 | +0.0% | -3.4% | Price | | 2026 to 30/09/2026 | -1.4% | -4.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 2.74% | -1.90% | | 3 years | 3.15% | -2.69% | | 5 years | 2.74% | -2.69% | ## Largest fall Volatility of Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution in pounds, annualised from weekly returns to 30/09/2026: 2.7% over 1 year, 3.1% over 3 years, 2.7% over 5 years. Largest fall in the price of Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution since October 2021, in pounds: −2.7% from 16/08/2024 to 21/08/2026. The lowest 12-month return of Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution in pounds (price only, income paid out not included) since January 2021 was −0.9% (12 months to 10/02/2023); the highest was +2.8% (12 months to 16/02/2024). On 30/09/2026 the price of Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution was 2.3% below its highest weekly close since October 2021 (16/08/2024), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution 0.10% a year, as of 01/10/2026: 10 of the 30 other cash-like and short-term funds charge more, 13 the same and 7 less (share classes counted once). ## Funds tracking the same index 2 funds track Solactive SONIA Daily Index - GBP - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.10% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | UBS (Irl) Fund Solutions PLC - GBP Overnight Rate SF UCITS ETF Accum A GBP | 0.05% | +3.2% | — | — | | Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D Distribution (this fund) | 0.10% | +3.8% | +14.0% | +19.2% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.10%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 01/10/2026): | Holding | Weight | |---|---| | UK Conv Gilt | 32.10% | | UK I/L Gilt | 31.37% | | United Kingdom of Great Britain An | 26.29% | | France (Republic Of) | 2.29% | | Germany (Federal Republic OF)/15.08.56 | 1.76% | | Italy (Republic Of) | 1.27% | | United Kingdom (Government Of) | 1.05% | | Belfius Bank Sa/Nv | 0.92% | | European Union | 0.82% | | Belgium (Kingdom OF)/22.06.47 | 0.78% | ## 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 | |---|---| | Government | 92.1% | | unknown | 7.9% | ### By country Added up from the holdings Xtrackers publishes, as of 01/10/2026. | Country | Weight | |---|---| | United Kingdom | 90.8% | | France | 2.5% | | Germany | 1.8% | | Belgium | 1.7% | | Italy | 1.3% | | Norway | 0.6% | | United States | 0.4% | | Spain | 0.1% | | Not classified | 0.8% | All 14 holdings: https://fundology.uk/fund/xstr/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.