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Xtrackers Usd Corporate Green Bond UCITS ETF 1c Eur Hedged tracks the issuer-declared index: Bloomberg MSCI USD Corporate and Agency Green Bond Index (USD). Mind the share class: this is the version hedged to EUR — returns reflect the index plus the effect (and cost) of hedging into that currency. The declared annual cost (TER) is 0.25%, plus 0.07% in transaction costs estimated by the issuer in the KID. Replication is physical replication (the KID declares buying all or a substantial number of the index constituents); income is accumulated and reinvested in the fund. The fund has assets of about 65 million euro, was launched on 24 June 2021 and is domiciled in Ireland. In our registry it is the largest by assets among the 2 ETFs declaring the same index.
The fund is passively managed.
INVESTMENT OBJECTIVE:The aim is for your investment to reflect the performance of the Bloomberg MSCI USD Corporate and Agency Green Bond Index (index), while seeking to minimise foreign currency fluctuations at share class level.
DESCRIPTION OF INDEX:The index aims to reflect the performance of certain types of US Dollar-denominated investment grade tradable debt (bonds) issued by corporate and agency issuers to fund projects with direct environmental benefits and that meet specific credit quality and liquidity requirements.
Keep reading the KID section ▾
In order to be eligible for inclusion in the index, the issuers of the bonds must meet certain ESG screening criteria. ESG CRITERIA: Bonds which breach the following ESG standards, amongst others, are excluded: (i) are associated with controversial, civilian, conventional and nuclear weapons and tobacco, (ii) are assigned an MSCI ESG Rating of CCC, (iii) derive revenues from thermal coal and oil sands extraction and military defence weapons, and (iv) are assigned an MSCI ESG Controversies Score of 0 (red flag). Bonds must also meet the green bond eligibility criteria as independently evaluated by MSCI ESG Research, including: (i) stated use of proceeds, (ii) process for green project evaluation and selection, (iii) management of proceeds, and (iv) ongoing reporting of environmental performance of the use of proceeds.
INDEX REBALANCING, CALCULATION AND ADMINISTRATION:The index is reviewed and rebalanced monthly, where the weight of each issuer in the index is capped at a maximum 5% of the market value of the index. The index is calculated on a total return basis. This means that all interest payments received from bonds are reinvested in the index.
INVESTMENT POLICY:To achieve the aim, the fund will i) attempt to replicate the index, before fees and expenses, by buying a portfolio of securities that may comprise the constituents of the index or other unrelated investments as determined by DWS entities and ii) enter into financial contracts (derivatives) which attempt to reduce the effect of exchange rate fluctuations between the currency of the fund's assets and the currency of your shares. The fund may employ techniques and instruments in order to manage risk, reduce costs and improve results. These techniques and instruments may include the use of derivatives. FURTHER INFORMATION: Certain information (including the latest share prices of the fund, indicative net asset values, full disclosure on the composition of the fund's portfolio and information on the index constituents) are available on your local DWS website or at www.Xtrackers.com. Transaction costs and taxes, unexpected fund costs and market conditions such as volatility or liquidity issues may affect the ability of the fund to track the index. The anticipated level of tracking error in normal market conditions is 1 per cent. The currency of the fund is USD. Returns and gains are not distributed but are reinvested in the fund. You may request the redemption of shares generally on a daily basis.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 02 Aug 2021 | 24 Oct 2022 | -20.37% | ongoing | 1,863 |
| 08 Jul 2021 | 13 Jul 2021 | -0.61% | 19 Jul 2021 | 11 |
| 19 Jul 2021 | 21 Jul 2021 | -0.42% | 02 Aug 2021 | 14 |
| 24 Jun 2021 | 25 Jun 2021 | -0.14% | 28 Jun 2021 | 4 |
| 30 Jun 2021 | 01 Jul 2021 | -0.06% | 02 Jul 2021 | 2 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.1 | 0.9 | -2.0 | 0.5 | 0.4 | 0.1 | -1.2 | 0.3 | -0.2 | -1.0 | |||
| 2025 | 0.3 | 1.4 | -0.1 | -0.1 | -0.1 | 1.3 | 0.1 | 0.7 | 0.9 | 0.3 | 0.3 | -0.2 | 4.9 |
| 2024 | -0.2 | -1.0 | 0.8 | -1.9 | 1.3 | 0.5 | 1.7 | 1.3 | 1.2 | -1.8 | 0.8 | -1.4 | 1.3 |
| 2023 | 2.6 | -2.4 | 1.5 | 0.7 | -1.2 | -0.3 | 0.3 | -0.6 | -1.9 | -1.3 | 3.8 | 3.3 | 4.4 |
| 2022 | -2.5 | -1.7 | -2.7 | -4.0 | 0.3 | -2.3 | 2.0 | -2.4 | -4.4 | -1.6 | 3.4 | -0.4 | -15.4 |
| 2021 | 1.1 | -0.4 | -0.9 | -0.2 | -0.1 | -0.5 | -0.7 |
We do not publish a tracking difference for this share class — and it is not an oversight.
this share class is hedged to EUR; the index the issuer places next to it in its documents is the unhedged, foreign-currency version. Subtracting one from the other does not measure replication quality: it measures the exchange rate. In a year when the currency moves 5%, “the TD” would come out near 5 points — a plausible-looking number, with decimals, and wrong.
Other sites publish that number. We would rather show one figure less than one figure wrong: the TD will return here the day we have the EUR-hedged index series, which the issuer does not publish today.
| Last year | Last 3 years | Last 5 years | |
|---|---|---|---|
| Volatility (ann.) | 2.62% | 3.59% | 4.70% |
| Max drawdown | -2.55% | -3.53% | -20.17% |
| Sharpe | -1.09 | 0.02 | -0.88 |
| Sortino | -1.42 | 0.03 | -1.17 |
Price sensitivity to rates: the longer, the more the fund moves. What is duration →
Source: product page Xtrackers, data as of 20 August 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.
| Fund | TER | Income | Fund size |
|---|---|---|---|
Xtrackers | 0.25% | Acc. | 65 mln EUR |
| Exchange | Ticker | Trading since |
|---|---|---|
| Börse Düsseldorf | XGUE | 8 Nov 2021 |
| Börse Frankfurt | XGUE | 12 Jul 2021 |
| Börse Hamburg | XGUE | 21 Jan 2022 |
| Börse Hannover | XGUE | 9 Dec 2024 |
| Börse München / gettex | XGUE | 12 Jul 2021 |
| Börse Stuttgart | XGUE | 20 Jul 2021 |
| Tradegate Exchange | XGUE | 13 Jan 2023 |
| Xetra (Deutsche Börse) | XGUE | 12 Jul 2021 |