# Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF (XZBD)

**Page:** https://fundology.uk/fund/xzbd · ISIN IE00BL58LJ19

## 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, XZBD (Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF, ISIN IE00BL58LJ19) closed at $43.16 on the London Stock Exchange. Its ongoing charge is 0.16% a year (about £16 on £10,000). Over the five years to 13/11/2026 its total return was +6.9%, or −16.6% after UK CPIH inflation.

## Summary

Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF Accum Shs -1C- USD is an exchange-traded fund (ETF) from Xtrackers, launched in 2020. It tracks the Bloomberg MSCI USD Liquid Investment Grade Corporate SRI PAB Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.16% a year — about £16 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: **$43.16** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | XZBD |
| ISIN | IE00BL58LJ19 |
| Also listed as | XZBU (Xetra, euros) |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | Xtrackers |
| Tracks | Bloomberg MSCI USD Liquid Investment Grade Corporate SRI PAB Index |
| Income | Accumulating |
| Ongoing charge | 0.16% a year (£16 per £10,000) |
| Fund size | £176m |
| 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 | -2.33% | -5.79% | income reinvested |
| 3 years | +7.63% | -2.76% | income reinvested |
| 5 years | +6.87% | -16.58% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF Accum Shs -1C- USD in pounds (price, with income reinvested in the fund): 2022 −8.6%, 2023 +3.0%, 2024 +3.1%, 2025 −0.5%; 2026 to 13/11/2026 −1.3%. Returns of Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF Accum Shs -1C- USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −3.3%; to 30/09/2025: +2.9%; to 30/09/2024: +5.8%; to 30/09/2023: −7.3%; to 30/09/2022: −3.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -8.6% | -16.3% | Price |
| 2023 | +3.0% | -1.1% | Price |
| 2024 | +3.1% | -0.4% | Price |
| 2025 | -0.5% | -3.9% | Price |
| 2026 to 13/11/2026 | -1.3% | -4.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.91% | -5.74% |
| 3 years | 7.88% | -8.70% |
| 5 years | 8.63% | -15.24% |

## Largest fall

Volatility of Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF Accum Shs -1C- USD in pounds, annualised from weekly returns to 13/11/2026: 6.9% over 1 year, 7.9% over 3 years, 8.6% over 5 years. Largest fall in the price of Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF Accum Shs -1C- USD since November 2021, in pounds: −15.2% from 10/12/2021 to 20/10/2023. The lowest 12-month return of Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF Accum Shs -1C- USD in pounds (price, with income reinvested in the fund) since January 2021 was −10.6% (12 months to 02/12/2022); the highest was +9.5% (12 months to 18/10/2024). On 13/11/2026 the price of Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF Accum Shs -1C- USD was 6.8% below its highest weekly close since November 2021 (10/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF Accum Shs -1C- USD 0.16% a year. Compared on 14/11/2026, 291 of the 427 other corporate and other bond funds charge more, 12 the same and 124 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.16%** 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, XZBD holds 2,090 positions, according to its published holdings. The largest is Deutsche Global Liquidity Seri at 1.09% of the fund; the ten largest make up 3.0%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Deutsche Global Liquidity Seri | — | 1.09% |
| 2 | Paramount Skydance Corp (US69932AAT25) | — | 0.26% |
| 3 | Pfizer Investment Enterprises Pte (US716973AG71) | — | 0.25% |
| 4 | Paramount Skydance Corp (US69932AAU97) | — | 0.21% |
| 5 | Paramount Skydance Corp (US69932AAV70) | — | 0.21% |
| 6 | Pfizer Investment Enterprises Pte (US716973AE24) | — | 0.20% |
| 7 | Amgen Inc (US031162DT45) | — | 0.19% |
| 8 | Abbvie Inc (US00287YCB39) | — | 0.18% |
| 9 | Microsoft Corporation (US594918CC64) | — | 0.18% |
| 10 | Microsoft Corporation (US594918CE21) | — | 0.18% |

## 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 | 82.2% |
| United Kingdom | 5.6% |
| Japan | 3.4% |
| Canada | 2.4% |
| Spain | 1.3% |
| Australia | 1.1% |
| Netherlands | 0.8% |
| Germany | 0.8% |
| Other countries | 2.5% |

### By type of asset

Added up from the fund’s published holdings, as of 08/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.9% |
| Cash and money market | 0.1% |

All 2,090 holdings: https://fundology.uk/fund/xzbd/holdings

## Questions people ask

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

The ongoing charge of XZBD is 0.16% a year — about £16 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 EUR Corporate Bond SRI PAB UCITS ETF Accum Shs -1C- USD 0.16% a year. Compared on 14/11/2026, 291 of the 427 other corporate and other bond funds charge more, 12 the same and 124 less (share classes counted once).

**What does XZBD track?**

XZBD tracks the Bloomberg MSCI USD Liquid Investment Grade Corporate SRI PAB Index.

**Is XZBD accumulating or distributing?**

XZBD 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 XZBD?**

The ISIN of XZBD is IE00BL58LJ19. An ISIN identifies one exact share class of a fund; XZBD is its ticker on the London Stock Exchange. The same share class is also listed as XZBU (Xetra, euros).

**What does XZBD hold?**

As of 15/11/2026, XZBD holds 2,090 positions, according to its published holdings. The largest is Deutsche Global Liquidity Seri at 1.09% of the fund; the ten largest make up 3.0%. Its ten largest holdings are Deutsche Global Liquidity Seri (1.09%), Paramount Skydance Corp (US69932AAT25) (0.26%), Pfizer Investment Enterprises Pte (US716973AG71) (0.25%), Paramount Skydance Corp (US69932AAU97) (0.21%), Paramount Skydance Corp (US69932AAV70) (0.21%), Pfizer Investment Enterprises Pte (US716973AE24) (0.20%), Amgen Inc (US031162DT45) (0.19%), Abbvie Inc (US00287YCB39) (0.18%), Microsoft Corporation (US594918CC64) (0.18%) and Microsoft Corporation (US594918CE21) (0.18%).

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

Calendar-year returns of XZBD in pounds (price, with income reinvested in the fund): 2022 −8.6%, 2023 +3.0%, 2024 +3.1%, 2025 −0.5%; 2026 to 13/11/2026 −1.3%. Past performance is not a guide to future returns.

**How has XZBD done after inflation?**

Over the five years to 13/11/2026 XZBD’s total return was +6.9%, or −16.6% 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/IE00BL58LJ19-usd-corporate-bond-sri-pab-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.