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Fundology

ETF · Xtrackers

XUTL Xtrackers II US Treasuries 10+ UCITS ETF -1D- Distribution

ISIN LU2662649412London Stock Exchange: XUTLDeutsche Bank AG

Compare with another fund

Latest close

LSE

$27.73

on

Ongoing charge
0.06% a year
Fund size
£2.9m

Source: TradingView, as of , at least 15 min delayed

At a glance

As of 30/09/2026, XUTL (Xtrackers II US Treasuries 10+ UCITS ETF -1D- Distribution, ISIN LU2662649412) closed at $27.73 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the year to 30/09/2026 its total return was −5.5%, or −8.4% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 30/09/2026
−5.5%
−8.4% after inflation

Returns: TradingView (delayed data). Inflation: ONS 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 US Treasuries 10+ UCITS ETF -1D- Distribution in pounds (price only, income paid out not included): 2024 −6.9%, 2025 −5.7%; 2026 to 30/09/2026 −9.8%. Returns of Xtrackers II US Treasuries 10+ UCITS ETF -1D- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −10.7%; to 30/09/2025: −7.6%.

Calendar-year returns of XUTL, in pounds (price only — income paid out is not included), to 30/09/2026
YearReturnAfter inflation
to −9.8%−12.4%
−5.7%−9.0%
−6.9%−10.1%
Returns of XUTL over 12-month periods to 30/09/2026, in pounds (price only — income paid out is not included)
12 months toReturnAfter inflation
from −10.7%Not available
from −7.6%−11.2%

Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH

How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing

Risk: volatility and largest fall

How far the price has swung and fallen. The same record the returns come from, in pounds.

Volatility (annualised)

10.5%over 1 year

Annualised from weekly returns. Higher means bumpier.

Largest fall since December 2023
−22.0%
From to
Lowest 12-month return
−12.8%
12 months to
Highest 12-month return
+4.3%
12 months to
Below its highest weekly close since December 2023
22.0%
High of , latest

In words: Volatility of Xtrackers II US Treasuries 10+ UCITS ETF -1D- Distribution in pounds, annualised from weekly returns to 30/09/2026: 10.5% over 1 year. Largest fall in the price of Xtrackers II US Treasuries 10+ UCITS ETF -1D- Distribution since December 2023, in pounds: −22.0% from 02/08/2024 to 30/09/2026. The lowest 12-month return of Xtrackers II US Treasuries 10+ UCITS ETF -1D- Distribution in pounds (price only, income paid out not included) since December 2023 was −12.8% (12 months to 15/08/2025); the highest was +4.3% (12 months to 26/06/2026). On 30/09/2026 the price of Xtrackers II US Treasuries 10+ UCITS ETF -1D- Distribution was 22.0% below its highest weekly close since December 2023 (02/08/2024), in pounds.

Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included

How we work it out:Risk figuresFallsVolatilityLargest fall

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
0.06%
a year
On £10,000
£6
a year, roughly
Over five years
£30
of £10,000, before growth
Among 275 government bond funds, share classes counted once
  • 6 charge less
  • 23 the same
  • 245 charge more

Ongoing charge of Xtrackers II US Treasuries 10+ UCITS ETF -1D- Distribution 0.06% a year, as of 01/10/2026: 245 of the 274 other government bond funds charge more, 23 the same and 6 less (share classes counted once).

Source: Fund ongoing charges via TradingView, as of

A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

Xtrackers II US Treasuries 10+ UCITS ETF -1D- Distribution is an exchange-traded fund (ETF) from Xtrackers, launched in 2023.

It tracks the Bloomberg US Aggregate Government - Treasury - Long.

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.

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 incomeShare classISIN

Key facts

Ticker
XUTL
ISIN
LU2662649412
Provider
Xtrackers
Tracks
Bloomberg US Aggregate Government - Treasury - Long
Structure
ETF
An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
Income
Distributing, paid semi-annual
Income is paid out to holders as cash, usually a few times a year.
Ongoing charge
0.06% a year · about £6 on £10,000
Fund size
£2.9m
Launched
Domicile
Luxembourg
Can be held in
ISA and SIPP
Currency hedged
No
Price currency
USD
Category
Government bonds

Price chart

Closing price
$27.73−7.2% since 04/08/2026 · closing price
XUTL closing price: $29.88 on 04/08/2026, $27.73 on 30/09/2026 (−7.2%); low $27.73, high $29.88.

Since 04/08/2026, the closing price went from $29.88 on 04/08/2026 to $27.73 on 30/09/2026 (−7.2%). The lowest close shown was $27.73 on 30/09/2026 and the highest $29.88 on 04/08/2026.

Chart: closing prices we have recorded since 04/08/2026. Price only — income paid out is not included, so the line can end below the total return above.

Source: TradingView, as of , at least 15 min delayed

Five years of prices, and after inflation

5 weekly closes, from 04/08/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

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How we work it out:Prices and returnsNAV and price

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.

  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.

    With a free account

  • Rolling returns

    The full range of 91 rolling 12-month returns since December 2023, in pounds, with how often they were above zero.

    With a free account

  • Largest falls and recoveries

    The 2 largest falls since December 2023, in pounds, with how many weeks each took to reach its low and to recover.

    With a free account

Create a free account to see the risk ratios, every rolling return and each large fall and its recovery

Sign-up takes an email address. There is no card to enter and nothing to pay.

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  • Moves compared with a similar fund

    Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 30/09/2026 (134 weeks).

    Pro

Pro — currently by invitation

Pro includes moves against a comparable fund

Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].

Questions people ask

What is the ongoing charge of XUTL?

The ongoing charge of XUTL 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 10+ UCITS ETF -1D- Distribution 0.06% a year, as of 01/10/2026: 245 of the 274 other government bond funds charge more, 23 the same and 6 less (share classes counted once).

What does XUTL track?

XUTL tracks the Bloomberg US Aggregate Government - Treasury - Long.

Is XUTL accumulating or distributing?

XUTL 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 XUTL?

The ISIN of XUTL is LU2662649412. An ISIN identifies one exact share class of a fund; XUTL is its ticker on the London Stock Exchange.

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

Calendar-year returns of XUTL in pounds (price only, income paid out not included): 2024 −6.9%, 2025 −5.7%; 2026 to 30/09/2026 −9.8%. Past performance is not a guide to future returns.

How has XUTL done after inflation?

Over the year to 30/09/2026 XUTL’s total return was −5.5%, or −8.4% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

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All government bond fundsEvery fund we cover

Sources and dates

Prices
London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
Returns
TradingView reported returns (net asset value with income reinvested where available)
Calendar years, risk
Fundology, from recorded closes (weekly history from the data vendor where our record is short)
Inflation
ONS CPIH, latest month used August 2026
Charges
The fund’s ongoing charges figure, via TradingView
Identity
FCA Financial Instruments Reference Data System (FIRDS) and the issuer
Fund size
TradingView, converted to pounds at the latest ECB reference rate

Methodology:Data sourcesReturnsCategoriesAll methods

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