Xtrackers II Salam USD Global Aggregate Sukuk UCITS ETF 1D

Xtrackers II Salam USD Global Aggregate Sukuk UCITS ETF 1D

About

Xtrackers II Salam USD Global Aggregate Sukuk UCITS ETF 1D (LU3123443510) is a UCITS-compliant bond ETF tracking the Bloomberg Global USD 500mn Sukuk Index. With a TER of 0.4%, it is moderately priced, distributing dividends. The fund holds 173 positions across 15 regions with 33M in assets, with heavy concentration — 56% in Cayman Islands, 52% in corporate bonds.

ISIN
Fund Size €32.6M
Issuer Xtrackers
Distribution Pays Dividends
Replication Physical
Inception Oct 2025
Base Currency USD
Index Bloomberg Global USD 500mn Sukuk Index
Asset Class Bonds
Category Aggregate Bond

Costs

7.9
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%

Cumulative Returns

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

Holdings

4.7
With only 173 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
US DOLLAR
0.02%
#2
KSA Ijarah Sukuk Ltd
0.02%
#3
Hazine Mustesarligi Varlik Kiralama AS
0.01%
#4
KSA Sukuk Ltd
0.01%
#5
Hazine Mustesarligi Varlik Kiralama AS
0.01%
#6
Suci Second Investment Co
0.01%
#7
Oman Sovereign Sukuk Co
0.01%
#8
KSA Sukuk Ltd
0.01%
#9
KSA Sukuk Ltd
0.01%
#10
Global Sukuk Ventures
0.01%

Sectors

4.3
This fund is concentrated in just a few of its 5 sectors, reducing diversification.

Regions

2.9
This fund is concentrated in just 16 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2025-10-07 — 2026-05-29).
2.2%
Volatility
-3.0%
Max Drawdown
-0.30
Sharpe Ratio
-0.43
Sortino Ratio
-0.22
Calmar Ratio
0.13
Beta
-2.78%
Alpha (Jensen's)
0.114
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

Similar ETFs

Other funds tracking Aggregate Bond indices.
Vanguard Global Bond Index Fund GBP Hedged Acc
IE00B50W2R13·TER 0.15%
8.7
iShares US Aggregate Bond UCITS ETF
IE00BYXYYM63·TER 0.25%
7.7
Vanguard EUR Eurozone Government Bond UCITS ETF (EUR) Accumulating
IE00BH04GL39·TER 0.07%
7.2
iShares Core Global Aggregate Bond UCITS ETF
IE00BZ043R46·TER 0.10%
8.3
iShares Broad Global Govt Bond UCITS ETF
IE0001JK8FV4·TER 0.13%
6.1
Vanguard EUR Corporate Bond UCITS ETF (EUR) Distributing
IE00BZ163G84·TER 0.07%
7.9
Feedback
ETFs
Basket
Compare
Millennial Index