Xtrackers II - iBoxx Eurozone Government Bond Yield Plus Swap UCITS ETF is a bonds ETF from Xtrackers tracking the iBoxx Eurozone Government Bond Yield Plus index through synthetic replication. Domiciled in Luxembourg and launched in 2010, the fund manages about 1 bn € and charges a TER of 0.16% — 16 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
Xtrackers II - iBoxx Eurozone Government Bond Yield Plus Swap UCITS ETF competes with 1 other products on the same index (iBoxx Eurozone Government Bond Yield Plus): it ranks 1st by fund size and 1st by ongoing cost, with a TER of 0.16% against a group median of 0.16%. It has been listed since 2010, 16 years of track record.
On a €10,000 investment the TER costs 16 € a year. The cheapest of the group is Xtrackers II - iBoxx Eurozone Government Bond Yield Plus Swap UCITS ETF at 0.16%, or 16 € on the same amount: a difference of 0 € every year, roughly 0 € over ten years before compounding.
Replication is synthetic: a swap counterparty undertakes to deliver the index return. This usually tightens tracking, and introduces counterparty risk, which UCITS rules limit through collateral. The ten largest positions account for 9.9% of the portfolio.
Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in EUR. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.
The fund is domiciled in Luxembourg, which determines the tax treatment of income received by the fund and the supervisory authority.
| Italy (Republic Of) 6% | 1.5% |
| Italy (Republic Of) 5.25% | 1.3% |
| Italy (Republic Of) 4% | 1.2% |
| Spain (Kingdom of) 6% | 1.2% |
| Italy (Republic Of) 6.5% | 1.2% |
| Spain (Kingdom of) 5.75% | 1.2% |
| Spain (Kingdom of) 4.7% | 1.2% |
| Italy (Republic Of) 5% | 1.1% |
| Borsa Italiana | XY4P | EUR |
| XETRA | XY4P | EUR |
| Francoforte | XY4P | EUR |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.