# Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD (XT01) **Page:** https://fundology.uk/fund/xt01 · ISIN IE00BM97MR69 ## 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 13/11/2026, XT01 (Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD, ISIN IE00BM97MR69) closed at £48.56 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the five years to 13/11/2026 its price changed by +21.6%, or −5.1% after UK CPIH inflation. ## Summary Xtrackers (IE) PLC - Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD is an exchange-traded fund (ETF) from Xtrackers, launched in 2020. It tracks the FTSE US Treasury Short Duration Index - Benchmark TR Net. 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: **£48.56** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XT01 | | ISIN | IE00BM97MR69 | | Also listed as | XT0D (London Stock Exchange, US dollars) | | Category | Cash-like & short-term | | Type | ETF | | Provider | Xtrackers | | Tracks | FTSE US Treasury Short Duration Index - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.07% a year (£7 per £10,000) | | Fund size | £164m | | Launched | 2020 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 03/09/2020 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +2.66% | -0.97% | income reinvested | | 3 years | +5.34% | -4.82% | income reinvested | | 5 years | +21.58% | -5.10% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers (IE) PLC - Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund): 2022 +12.9%, 2023 −0.7%, 2024 +8.0%, 2025 −3.8%; 2026 to 13/11/2026 +4.9%. Returns of Xtrackers (IE) PLC - Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +4.6%; to 30/09/2025: +4.3%; to 30/09/2024: −3.9%; to 30/09/2023: −4.7%; to 30/09/2022: +21.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +12.9% | +3.3% | Price | | 2023 | -0.7% | -4.7% | Price | | 2024 | +8.0% | +4.4% | Price | | 2025 | -3.8% | -7.1% | Price | | 2026 to 13/11/2026 | +4.9% | +1.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.46% | -3.49% | | 3 years | 6.31% | -9.48% | | 5 years | 7.56% | -13.86% | ## Largest fall Volatility of Xtrackers (IE) PLC - Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD in pounds, annualised from weekly returns to 13/11/2026: 5.5% over 1 year, 6.3% over 3 years, 7.6% over 5 years. Largest fall in the price of Xtrackers (IE) PLC - Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD since November 2021, in pounds: −13.9% from 23/09/2022 to 14/07/2023. The lowest 12-month return of Xtrackers (IE) PLC - Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund) since January 2021 was −6.9% (12 months to 22/09/2023); the highest was +25.1% (12 months to 23/09/2022). On 13/11/2026 the price of Xtrackers (IE) PLC - Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD was 1.1% below its highest weekly close since November 2021 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers (IE) PLC - Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD 0.07% a year. Compared on 14/11/2026, 32 of the 43 other cash-like and short-term funds charge more, 3 the same and 8 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.07%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 15/11/2026, XT01 holds 69 positions, according to its published holdings. The largest is Treasury Bill (US912797TM97) at 5.25% of the fund; the ten largest make up 29.6%. ### Top holdings Largest positions (as of 15/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Treasury Bill (US912797TM97) | — | 5.25% | | 2 | Treasury Bill (US912797TC16) | — | 5.12% | | 3 | Treasury Bill (US912797UD79) | — | 3.05% | | 4 | Treasury Bill (US912797TV96) | — | 2.97% | | 5 | Treasury Bill (US912797UE52) | — | 2.91% | | 6 | Treasury Floating Rate Note (US91282CPX38) | — | 2.09% | | 7 | Treasury Floating Rate Note (US91282CPG05) | — | 2.07% | | 8 | Treasury Floating Rate Note (US91282CMX64) | — | 2.06% | | 9 | Treasury Floating Rate Note (US91282CNQ05) | — | 2.06% | | 10 | Treasury Floating Rate Note (US91282CQM63) | — | 2.06% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By country Added up from the fund’s published holdings, as of 08/11/2026. | Country | Weight | |---|---| | United States | 99.7% | | Ireland | 0.3% | ### By type of asset Added up from the fund’s published holdings, as of 08/11/2026. | Type of asset | Weight | |---|---| | Bonds | 99.7% | | Equity | 0.3% | All 69 holdings: https://fundology.uk/fund/xt01/holdings ## Questions people ask **What is the ongoing charge of XT01?** The ongoing charge of XT01 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. Platform and dealing fees are charged separately. Ongoing charge of Xtrackers (IE) PLC - Xtrackers US Treasuries Ultrashort Bond UCITS ETF Accum-1C- USD 0.07% a year. Compared on 14/11/2026, 32 of the 43 other cash-like and short-term funds charge more, 3 the same and 8 less (share classes counted once). **What does XT01 track?** XT01 tracks the FTSE US Treasury Short Duration Index - Benchmark TR Net. **Is XT01 accumulating or distributing?** XT01 is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of XT01?** The ISIN of XT01 is IE00BM97MR69. An ISIN identifies one exact share class of a fund; XT01 is its ticker on the London Stock Exchange. The same share class is also listed as XT0D (London Stock Exchange, US dollars). **What does XT01 hold?** As of 15/11/2026, XT01 holds 69 positions, according to its published holdings. The largest is Treasury Bill (US912797TM97) at 5.25% of the fund; the ten largest make up 29.6%. Its ten largest holdings are Treasury Bill (US912797TM97) (5.25%), Treasury Bill (US912797TC16) (5.12%), Treasury Bill (US912797UD79) (3.05%), Treasury Bill (US912797TV96) (2.97%), Treasury Bill (US912797UE52) (2.91%), Treasury Floating Rate Note (US91282CPX38) (2.09%), Treasury Floating Rate Note (US91282CPG05) (2.07%), Treasury Floating Rate Note (US91282CMX64) (2.06%), Treasury Floating Rate Note (US91282CNQ05) (2.06%) and Treasury Floating Rate Note (US91282CQM63) (2.06%). **What were XT01’s returns in each of the last five years?** Calendar-year returns of XT01 in pounds (price, with income reinvested in the fund): 2022 +12.9%, 2023 −0.7%, 2024 +8.0%, 2025 −3.8%; 2026 to 13/11/2026 +4.9%. Past performance is not a guide to future returns. **How has XT01 done after inflation?** Over the five years to 13/11/2026 XT01’s price changed by +21.6%, or −5.1% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/IE00BM97MR69-us-treasuries-ultrashort-bond-ucits-etf-1c/) - Links checked 12/10/2026. --- 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.