# Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution (XU10)

**Page:** https://fundology.uk/fund/xu10 · ISIN LU2662649685

## 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, XU10 (Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution, ISIN LU2662649685) closed at $29.62 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the year to 13/11/2026 its total return was −2.2%, or −5.7% after UK CPIH inflation.

## Summary

Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution is an exchange-traded fund (ETF) from Xtrackers, launched in 2023. It tracks the Bloomberg US Aggregate Government - Treasury (7-10 Y). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.06% a year — about £6 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: **$29.62** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XU10 |
| ISIN | LU2662649685 |
| Category | Government bonds |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | Bloomberg US Aggregate Government - Treasury (7-10 Y) |
| Income | Distributing |
| Ongoing charge | 0.06% a year (£6 per £10,000) |
| Fund size | £2.4m |
| Launched | 2023 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 06/12/2023 |

## 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 | -2.22% | -5.68% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution in pounds (price only, income paid out not included): 2024 +0.5%, 2025 −3.8%; 2026 to 13/11/2026 −5.3%. Returns of Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −6.7%; to 30/09/2025: −1.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | +0.5% | -3.0% | Price |
| 2025 | -3.8% | -7.1% | Price |
| 2026 to 13/11/2026 | -5.3% | -8.4% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 7.08% | -9.59% |

## Largest fall

Volatility of Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution in pounds, annualised from weekly returns to 13/11/2026: 7.1% over 1 year. Largest fall in the price of Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution since December 2023, in pounds: −12.7% from 02/08/2024 to 15/09/2026. The lowest 12-month return of Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution in pounds (price only, income paid out not included) since December 2023 was −7.5% (12 months to 30/10/2026); the highest was +3.6% (12 months to 17/01/2025). On 13/11/2026 the price of Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution was 11.1% below its highest weekly close since December 2023 (02/08/2024), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers II US Treasuries 7-10 UCITS ETF -1D- Distribution 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.06%** 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, XU10 holds 14 positions, according to its published holdings. The largest is Treasury Note (US91282CRF04) at 8.54% of the fund; the ten largest make up 83.2%.

### Top holdings

Largest positions (as of 15/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Treasury Note (US91282CRF04) | — | 8.54% |
| 2 | Treasury Note (US91282CMM00) | — | 8.53% |
| 3 | Treasury Note (US91282CQQ77) | — | 8.38% |
| 4 | Treasury Note (US91282CLW90) | — | 8.33% |
| 5 | Treasury Note (US91282CKQ32) | — | 8.30% |
| 6 | Treasury Note (US91282CNC19) | — | 8.30% |
| 7 | Treasury Note (US91282CNT44) | — | 8.29% |
| 8 | Treasury Note (US91282CPZ85) | — | 8.23% |
| 9 | Treasury Note (US91282CJZ59) | — | 8.18% |
| 10 | Treasury Note (US91282CPJ44) | — | 8.11% |

All 14 holdings: https://fundology.uk/fund/xu10/holdings

## Questions people ask

**What is the ongoing charge of XU10?**

The ongoing charge of XU10 is 0.06% a year — about £6 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 US Treasuries 7-10 UCITS ETF -1D- Distribution 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).

**What does XU10 track?**

XU10 tracks the Bloomberg US Aggregate Government - Treasury (7-10 Y).

**Is XU10 accumulating or distributing?**

XU10 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

**What is the ISIN of XU10?**

The ISIN of XU10 is LU2662649685. An ISIN identifies one exact share class of a fund; XU10 is its ticker on the London Stock Exchange.

**What does XU10 hold?**

As of 15/11/2026, XU10 holds 14 positions, according to its published holdings. The largest is Treasury Note (US91282CRF04) at 8.54% of the fund; the ten largest make up 83.2%. Its ten largest holdings are Treasury Note (US91282CRF04) (8.54%), Treasury Note (US91282CMM00) (8.53%), Treasury Note (US91282CQQ77) (8.38%), Treasury Note (US91282CLW90) (8.33%), Treasury Note (US91282CKQ32) (8.30%), Treasury Note (US91282CNC19) (8.30%), Treasury Note (US91282CNT44) (8.29%), Treasury Note (US91282CPZ85) (8.23%), Treasury Note (US91282CJZ59) (8.18%) and Treasury Note (US91282CPJ44) (8.11%).

**What were XU10’s returns in each of the last five years?**

Calendar-year returns of XU10 in pounds (price only, income paid out not included): 2024 +0.5%, 2025 −3.8%; 2026 to 13/11/2026 −5.3%. Past performance is not a guide to future returns.

**How has XU10 done after inflation?**

Over the year to 13/11/2026 XU10’s total return was −2.2%, or −5.7% 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/LU2662649685-us-treasuries-7-10-ucits-etf-1d/)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.