ETF sheet · Issuer-declared data

Xtrackers IE Physical Gold ETC SecuritiesIndex, costs, backtest, listings and taxation

ISIN: DE000A2T0VU5Ticker: XGDUIssuer: Xtrackers

Commodities on the underlying Oro fisico. Share class in US dollars (USD).

0.11% + 0.00%

Flat fee + KID transaction costs ✓ declared by the issuer

5.9 bn €

fund assets ✓ declared by the issuer

Every figure carries its provenance: ✓ declared by the issuer in its documents · ≈ computed by Rebalix on the declared data.

Fund

Name

Xtrackers IE Physical Gold ETC Securities

Underlying

Oro fisico

Fund assets

5.9 bn EUR

Domicile

Ireland

Share class · this page

ISIN

DE000A2T0VU5

Ticker

XGDU

Share-class currency

US dollars (USD)

Flat fee

0.11% (not the TER)

Transaction costs

0.00% (issuer estimate, from the KID)

Income policy

not applicable: the underlying generates no income

Share-class launch

22 April 2020

Data as declared by Xtrackers in the issuer’s official files and endpoints · collected on 2 October 2026 (monthly refresh). Facts only, no recommendation.

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OverviewIn this sectionQuick reads Fund objective What changed over time

Quick reads

Assetslarger than 94% of commodity products we track.≈ computed by Rebalix

✓ declared by the issuer · ≈ computed by Rebalix on the declared data in our census. They describe the past and are not indicative of future results.

Description and fund objective

Xtrackers IE Physical Gold ETC Securities tracks the issuer-declared underlying: Oro fisico. The issuer-declared “Flat fee” (not the TER) is 0.11%, plus 0.00% in transaction costs estimated by the issuer in the KID. The fund has assets of about 5.9 billion euro, was launched on 22 April 2020 and is domiciled in Ireland.

The fund’s objective — in the issuer’s words

The ETC securities provide you with exposure to gold without requiring you to acquire ownership in gold in the physical form. ETC securities can be purchased or sold on one or more stock exchanges.
Keep reading the KID section ▾
Each ETC security relates to a specific amount of gold, known as the metal entitlement per ETC security. The metal entitlement was initially 0.0155 fine troy ounces (one fine troy ounce being 31.1035 grams) of gold and is reduced on a daily basis to reflect the base fee. The relevant auction price for gold used in the ETC securities is as determined by the London Bullion Market Association (LBMA) at 15:00 local London time. The level of the fee and the current metal entitlement is specified on www.etf.dws.com. The issuer publishes a calculated daily value per security which equals the relevant gold price, multiplied with the relevant metal entitlement. This value does not equal the relevant secondary market price (for purchase or sale).
The issuer will seek to hold a sufficient amount of gold to cover its obligations under the ETC securities. On redemption, the metal agent (JPMorgan Chase Bank N.A.) will sell the gold and proceeds will be used to pay amounts due to security holders. Subject to any amounts paid to you due to early redemption, no amounts are payable under the ETC security prior to the maturity date.
On redemption, it is intended that the ETC security will become payable at an amount equal to the higher of (i) the weighted average prices at which the gold can be sold by the metal agent over a specified period prior to the redemption date multiplied by the metal entitlement on such redemption date and (ii) 10 percent of the issue price of the ETC security. However, since the ability to make such payment is dependent on whether there is sufficient proceeds from the sale of the gold available, security holders may receive no payment or less than 10 percent of the issue price in certain circumstances. ETC securities will not pay periodic interest. If the issuer decides to redeem ETC securities early it is possible that on redemption, an interest amount may be added or subtracted to the redemption amount from the realisation of the gold.
The value per ETC security and the secondary market price of the ETC securities can go down as well as up throughout the term of the ETC securities. The ETC securities are not principal protected and you may lose some or all of your investment. Investors should be aware that upon investing, they will not take physical delivery of any gold.
More detailed information on the issuer of the ETC securities, such as the prospectus (in English and German languages) as well as the annual and semi-annual report (in English language), can be obtained free of charge online at www.etf.dws.com. For more details about the ETC securities, please refer to the prospectus, which is available at www.etf.dws.com.
Intended Retail InvestorThe ETC securities are intended for retail investors who are seeking a product offering exposure to the performance of the underlying asset(s) and have a long-term investment horizon of at least 5 years. This product is intended for investors with basic knowledge and/or experience with similar financial products. The investor should be prepared to bear the loss of the capital invested (up to the total loss of capital invested) and places no value on capital protection.

From the KID’s “Objectives” section · KID acquired on 19 August 2026 · original document ↓

Text generated from the data the issuer declares in official product lists. No recommendation.

What has changed in the fund over time

Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.

Share-class launch
22 April 2020
declared by the issuer
Basket snapshots
none so far
from the next monthly run
Dated events
none so far
TER, index, name, tax: every change is an event

Open the history →

PerformanceIn this sectionChart Backtest

Fund performance

issuer-declared net asset value (NAV) · USD (loading exchange rates) · from Apr 2020 to Oct 2026

Adjusted for inflation

Compare with another ETF

Only funds we hold a history for. Three at a time, at most.

Return

+140.5%

Annualised

+14.5%

Volatility (ann.)

17.6%

Max drawdown

-26.15%

22 Apr 2020 → 19 Oct 20266 years and 6 months · +140.5%

Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.

Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.

Max drawdown

-26.15%

peak → trough

Trough

16 Jul 2026

from the 29 Jan 2026 peak

Recovery time

not yet

recovery only: trough to break-even

Underwater

263 days

decline + recovery: peak to break-even · ≈ 9 months · (ongoing)

The five worst falls in the period

From the peak of	Trough	Depth	Back to break-even	Days underwater
29 Jan 2026	16 Jul 2026	-26.15%	ongoing	263
06 Aug 2020	03 Nov 2022	-21.46%	28 Dec 2023	1,239
20 Oct 2025	28 Oct 2025	-8.06%	12 Dec 2025	53
30 Oct 2024	14 Nov 2024	-7.58%	30 Jan 2025	92
22 Apr 2025	16 May 2025	-7.31%	13 Jun 2025	52

Calendar-year returns

2020

10.2%

since launch, 22 Apr

2021

-4.5%

2022

0.3%

2023

14.5%

2024

25.4%

2025

67.2%

2026

-5.1%

2020: the share class was launched on 22 April 2020; the return runs from launch to 30 December 2020 and is not a full year.

Month-by-month returns

2026Year -5.1%

Jan

14.0

Feb

4.8

Mar

-11.8

Apr

0.1

May

-1.4

Jun

-11.4

Jul

0.0

Aug

13.3

Sept

-8.5

Oct

-0.7

Nov

Dec

2025Year 67.2%

Jan

7.8

Feb

0.8

Mar

9.9

Apr

6.0

May

-0.8

Jun

0.3

Jul

0.3

Aug

3.9

Sept

11.5

Oct

4.9

Nov

4.5

Dec

4.2

2024Year 25.4%

Jan

-1.2

Feb

-0.3

Mar

8.1

Apr

4.2

May

1.8

Jun

-0.7

Jul

4.1

Aug

3.6

Sept

4.6

Oct

4.0

Nov

-3.0

Dec

-1.6

2023Year 14.5%

Jan

6.1

Feb

-5.2

Mar

8.5

Apr

0.1

May

-0.9

Jun

-2.7

Jul

3.0

Aug

-1.4

Sept

-3.7

Oct

6.7

Nov

1.9

Dec

2.1

2022Year 0.3%

Jan

-0.6

Feb

6.4

Mar

1.7

Apr

-1.6

May

-3.8

Jun

-1.2

Jul

-3.5

Aug

-2.1

Sept

-2.6

Oct

-2.0

Nov

7.0

Dec

3.4

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Oct	Nov	Dec	Year
2026	14.0	4.8	-11.8	0.1	-1.4	-11.4	0.0	13.3	-8.5	-0.7			-5.1
2025	7.8	0.8	9.9	6.0	-0.8	0.3	0.3	3.9	11.5	4.9	4.5	4.2	67.2
2024	-1.2	-0.3	8.1	4.2	1.8	-0.7	4.1	3.6	4.6	4.0	-3.0	-1.6	25.4
2023	6.1	-5.2	8.5	0.1	-0.9	-2.7	3.0	-1.4	-3.7	6.7	1.9	2.1	14.5
2022	-0.6	6.4	1.7	-1.6	-3.8	-1.2	-3.5	-2.1	-2.6	-2.0	7.0	3.4	0.3
2021	-1.3	-6.5	-3.0	4.5	7.5	-7.2	3.5	-0.6	-4.0	1.5	2.0	0.1	-4.5
2020					1.5	2.3	11.1	-0.4	-3.6	-0.3	-6.4	7.1	10.2(since launch)

From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested: where declared). Deeper colour = larger move.

Method and sources

Source: Xtrackers. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available August 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

RiskIn this sectionRisk

Risk indicators· EUR

Last year

Volatility (ann.)25.37%

Max drawdown-23.36%

Sharpe0.05

Sortino0.06

Last 3 years

Volatility (ann.)19.61%

Max drawdown-23.36%

Sharpe1.13

Sortino1.60

Last 5 years

Volatility (ann.)17.92%

Max drawdown-23.36%

Sharpe0.94

Sortino1.35

Full history

Volatility (ann.)17.35%

Max drawdown-23.36%

Sharpe0.73

Sortino1.04

	Last year	Last 3 years	Last 5 years	Full history
Volatility (ann.)	25.37%	19.61%	17.92%	17.35%
Max drawdown	-23.36%	-23.36%	-23.36%	-23.36%
Sharpe	0.05	1.13	0.94	0.73
Sortino	0.06	1.60	1.35	1.04

The max drawdown is identical across windows because the deepest fall is recent (peak 2 Mar 2026 → trough 16 Jul 2026): one episode dominates every look-back period. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.26%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

StructureIn this sectionIndex Exchanges

Index tracked

Oro fisico

This fund belongs to the gold (ETCs and miners) family: compare all census ETFs in this family →

Stock exchange listings

Exchanges with a ticker available· in alphabetical order

Exchange	Ticker	Exchange source	Registered since
Borsa Italiana (ETFplus)	XGDUfrom mapping	ESMA register (FIRDS)	3 Aug 2020
Börse Düsseldorf	XGDUfrom mapping	ESMA register (FIRDS)	19 Jun 2020
Börse Frankfurt	XGDUfrom mapping	ESMA register (FIRDS)	29 May 2020
Börse Hamburg	XGDUfrom mapping	ESMA register (FIRDS)	18 Sept 2020
Börse Hannover	XGDUfrom mapping	ESMA register (FIRDS)	9 Dec 2024
Börse München / gettex	XGDUfrom mapping	ESMA register (FIRDS)	4 Jun 2020
Börse Stuttgart	XGDUfrom mapping	ESMA register (FIRDS)	10 Feb 2021
Tradegate Exchange	XGDUfrom mapping	ESMA register (FIRDS)	20 Aug 2020
Xetra (Deutsche Börse)	XGDUfrom mapping	ESMA register (FIRDS)	29 May 2020

from mapping — ticker obtained by ISIN→exchange mapping under the open FIGI standard, not read from the exchange’s list.

Each row is one exchange: the operator with all its markets and segments (regulated market and Freiverkehr included). “Registered since”: admission date in the ESMA register (FIRDS), not necessarily the first trading day; a dash = date not recorded in the sources.

+ 3 other trading platforms (platforms for professional participants and segments without admission to listing, such as an exchange operator’s dark books or auctions): they are not exchanges and are not listed.

Exchanges are taken from the official ESMA register (FIRDS) and, where FIRDS does not cover the exchange (London, Zurich) or does not record the current listing, from the issuers’ product lists and documents: the “Exchange source” column says so row by row. Each exchange is a single row, with all its markets and segments. Tickers come from the issuers’ product lists and tax documents or, where indicated, from ISIN→exchange mapping under the open FIGI standard (OpenFIGI). Activity on a dark book, an auction or an ancillary platform does not prove a listing on the exchange that operates it. Rebalix mainly covers venues in the European Economic Area, Switzerland and the United Kingdom: when the issuer declares current listings in other jurisdictions too, they appear with their source, outside the ESMA register perimeter. Terminated or cancelled listings are not shown. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker.

DocumentsIn this sectionDocuments FAQ

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed version ProspectusPDF in English, from the issuer’s site — the fund’s full legal document FactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot

The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Frequently asked questions

What is the underlying of Xtrackers IE Physical Gold ETC Securities?

The issuer Xtrackers declares the underlying: Oro fisico.

How much does XGDU cost?

The issuer-declared Flat fee is 0.11% per year (not the TER); the transaction costs estimated in the KID are 0.00%.

What is the fund size of XGDU?

The fund size declared by Xtrackers is about 5.9 billion euro.

When was XGDU launched?

The fund was launched on 22 April 2020: it has 6 years of history.

Where does XGDU trade?

Per the official ESMA register (FIRDS) and the issuer’s documents it is listed on 9 exchanges with a ticker available, including Borsa Italiana (ETFplus) (XGDU), Börse Düsseldorf (XGDU), Börse Frankfurt (XGDU), Börse Hamburg (XGDU), Börse Hannover (XGDU), Börse München / gettex (XGDU).

What was XGDU's worst fall?

Over the available history (since 2020), the maximum drawdown was -26.15%, reached in July 2026. Past performance is not indicative of future results.

Transparency note

The data in this sheet is declared by Xtrackers in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.

Do you represent the issuer? Report a correction or an update