Xtrackers II iBoxx Germany Covered Bond Swap UCITS ETF 1C

Xtrackers II iBoxx Germany Covered Bond Swap UCITS ETF 1C

About

Xtrackers II iBoxx Germany Covered Bond Swap UCITS ETF 1C (LU0321463506) is a UCITS-compliant bond ETF tracking the IBOXX € GERMANY COVERED TR. With a TER of 0.15%, it is competitively priced, reinvesting dividends. The fund holds 25 positions across 7 regions with 23M in assets, with heavy concentration — 96% in government bonds.

ISIN
Fund Size €23.3M
Issuer Xtrackers
Distribution Re-Invests Dividends
Replication Synthetic
Inception Oct 2007
Base Currency EUR
Index IBOXX € GERMANY COVERED TR
Asset Class Bonds
Category Covered Bond

Costs

8.9
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%

Holdings

1.4
With only 25 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
FRANCE 0% 25Apr34
0.16%
#2
GERMANY 0% 04Jul33
0.16%
#3
Spain Government Bond
0.11%
#4
French Republic Government Bond OAT
0.09%
#5
SPAIN (KINGDO STRIP 0% 30Jul26
0.07%
#6
Italy Buoni Poliennali Del Tesoro
0.06%
#7
Spain Government Bond
0.06%
#8
French Republic Government Bond OAT
0.04%
#9
GERMANY 0% 04Jan37
0.03%
#10
Spain Government Bond
0.02%

Sectors

1.1
This fund is concentrated in just a few of its 3 sectors, reducing diversification.

Regions

3.9
This fund is concentrated in just 8 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2023-06-05 — 2026-04-23).
2.6%
Volatility
-2.3%
Max Drawdown
0.29
Sharpe Ratio
0.43
Sortino Ratio
0.33
Calmar Ratio
0.00
Beta
0.78%
Alpha (Jensen's)
0.000
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
flatex
Trade
€5.90
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

Similar ETFs

Other funds tracking Covered Bond indices.
iShares € Covered Bond UCITS ETF
IE00B3B8Q275·TER 0.20%
7.3
iShares Pfandbriefe UCITS ETF (DE)
DE0002635265·TER 0.10%
6.0
Amundi Euro STOXX 50 Target Income UCITS ETF Dist
LU3299677271·TER 0.40%
5.8
Xtrackers II EUR Covered Bond Swap UCITS ETF 1C
LU0820950128·TER 0.20%
4.2
Feedback
ETFs
Basket
Compare
Millennial Index