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ETF sheet · Issuer-declared data
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Xtrackers Global Government Bond UCITS ETF 1d Eur HedgedIndex, costs, backtest, listings and taxation

ISIN: LU0690964092Ticker: XGVD (Borsa Italiana) · XGVD (Xetra) · 0DXY (London SE)Issuer: XtrackersCurrency hedging: EUR-hedged share class

Global Bonds tracking the FTSE World Government Bond Index - Developed Markets in EUR terms (EUR), physical replication, distributing. Share class in euro (EUR), currency-hedged.

6.40 years
modified duration, as declared by Xtrackers · maturities ↓ ✓ declared by the issuer
0.25% + 0.03%
TER + KID transaction costs ✓ declared by the issuer
1,331
rows published by the issuer · holdings ↓ ✓ declared by the issuer
2.2 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 Global Government Bond UCITS ETF 1d Eur Hedged
Management
Passive (index-tracking) (from the KID)
Replication
SFDR
not declared in the sources we read ≈ Rebalix reading: Article 6 (issuer documents do not declare art. 8/9) what does it mean?
Fund assets
2.2 bn EUR
Domicile
Luxembourg

Share class · this page

ISIN
LU0690964092
Ticker
XGVD (Borsa Italiana) · XGVD (Xetra) · 0DXY (London SE)
Share-class currency
euro (EUR) · currency-hedged
TER
0.25% (period and nature not declared by the source)
Transaction costs
0.03% (issuer estimate, from the KID)
Income policy
Share-class launch
22 November 2011
Data as declared by Xtrackers in the issuer’s official files and endpoints · collected on 17 October 2026 (monthly refresh). Facts only, no recommendation.
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Quick reads

  • TER 0.25%above the median of bond ETFs we track (0.15%).≈ computed by Rebalix
  • Assetslarger than 91% of bond ETFs we track.≈ computed by Rebalix
  • Duration 6.40 yearsmodified, as declared by Xtrackers✓ declared by the issuer
  • Maturity 1–3 years 26.9%the heaviest bucket of the declared breakdown✓ declared by the issuer
  • 1,331 rowspublished by the issuer; completeness of the list not declared✓ declared by the issuer
  • Top 10 = 3.8%of the fund✓ declared by the issuer
  • Effective rate 12.85%on capital gains for Italian tax residents: from the declared white-list share≈ 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 Global Government Bond UCITS ETF 1d Eur Hedged tracks the issuer-declared index: FTSE World Government Bond Index - Developed Markets in EUR terms (EUR). 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 0.03% 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 distributed to investors. The fund has assets of about 2.2 billion euro, was launched on 22 November 2011 and is domiciled in Luxembourg. In our registry it is the largest by assets among the 2 ETFs declaring the same index.

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

The fund is passively managed.

INVESTMENT OBJECTIVE:The aim is for your investment to reflect the performance of the FTSE World Government Bond Index – Developed Markets (index), while seeking to minimise foreign currency fluctuations at share class level.

Keep reading the KID section ▾

DESCRIPTION OF INDEX:The index aims to reflect the performance of a range of fixed-rate, local currency, investmentgrade sovereign debt issued in developed markets.

To be included in the index, the debt must be i) issued by governments in developed countries; and ii) be deemed investment grade by major rating agencies. Certain other selection criteria may also be considered such as minimum issue size, time to maturity and market size.

INDEX REBALANCING, CALCULATION AND ADMINISTRATION:The index is calculated on a total return basis, which means that amounts equivalent to interest payments are reinvested in the index. The index is administered by FTSE Fixed Income LLC and is reviewed and rebalanced monthly.

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. The fund may also engage in secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the fund. 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 EUR. The fund distributes up to four times per annum. You may request the redemption of shares generally on a daily basis.

From the KID’s “Objectives” section · KID acquired on 2 October 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.

  1. Share-class launch
    22 November 2011
    declared by the issuer
  2. Basket snapshots
    3 monthly
    since August 2026
  3. Dated events
    3
    latest: tax event, 1 January 2025
Open the history →

Italian taxation

Effective rate on capital gains
12.85%
White-list share
97.39%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →
PerformanceIn this sectionChartBacktestTracking difference

Fund performance

issuer-declared net asset value (NAV) · EUR · from Nov 2011 to Oct 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+5.1%
Annualised
+0.3%
Volatility (ann.)
3.6%
Max drawdown
-21.51%
-4%+5%+14%+23%+31%Nov 2011Aug 2015May 2019Feb 2023Oct 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+5.1%
22 Nov 2011 → 16 Oct 202614 years and 11 months · +5.1%
22 Nov 201116 Oct 2026Nov 2011Oct 2026
Currency-hedged share class: our figures are computed on the issuer’s NAV, where the hedge is applied at the daily fixing. NAV and exchange prices can differ, so comparison sites using the price may show different returns and volatility: any specific gap can only be judged by comparing the series, dates and method used. Details in the methodology.
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.
0%-5%-10%-15%-20%-25%-30%201120142017202020232026−21.51% · 19 Oct 2023
Max drawdown
-21.51%
peak → trough
Trough
19 Oct 2023
from the 09 Mar 2020 peak
Recovery time
not yet
recovery only: trough to break-even
Underwater
2,412 days
decline + recovery: peak to break-even · ≈ 6 years and 7 months · (ongoing)

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
09 Mar 202019 Oct 2023-21.51%ongoing2,412
08 Jul 201610 Oct 2018-7.10%01 Aug 20191,119
02 May 201305 Sept 2013-3.95%02 May 2014365
02 Feb 201510 Jun 2015-3.59%29 Jan 2016361
03 Sept 201931 Dec 2019-3.31%28 Feb 2020178

Calendar-year returns

2016
2.0%
2017
0.1%
2018
-0.5%
2019
4.3%
2020
4.5%
2021
-3.2%
2022
-15.3%
2023
3.8%
2024
-0.4%
2025
1.4%
2026
-2.8%
2011: the share class was launched on 22 November 2011; the return runs from launch to 30 December 2011 and is not a full year.

Month-by-month returns

2026Year -2.8%
Jan
-0.1
Feb
1.7
Mar
-2.4
Apr
-0.1
May
0.4
Jun
0.3
Jul
-1.4
Aug
-0.2
Sept
-2.0
Oct
1.1
Nov
·
Dec
·
2025Year 1.4%
Jan
0.1
Feb
1.2
Mar
-0.7
Apr
1.0
May
-0.9
Jun
0.6
Jul
-0.6
Aug
0.1
Sept
0.5
Oct
0.7
Nov
-0.0
Dec
-0.6
2024Year -0.4%
Jan
-0.6
Feb
-1.0
Mar
0.7
Apr
-2.0
May
0.4
Jun
0.6
Jul
1.9
Aug
0.9
Sept
1.0
Oct
-1.8
Nov
1.1
Dec
-1.4
2023Year 3.8%
Jan
2.1
Feb
-1.9
Mar
2.5
Apr
0.1
May
-0.7
Jun
-0.5
Jul
-0.5
Aug
-0.4
Sept
-2.2
Oct
-0.8
Nov
3.2
Dec
3.2
2022Year -15.3%
Jan
-1.6
Feb
-1.2
Mar
-2.4
Apr
-3.0
May
-0.9
Jun
-1.4
Jul
2.2
Aug
-3.4
Sept
-3.5
Oct
-0.6
Nov
1.9
Dec
-2.5
JanFebMarAprMayJunJulAugSeptOctNovDecYear
2026-0.11.7-2.4-0.10.40.3-1.4-0.2-2.01.1-2.8
20250.11.2-0.71.0-0.90.6-0.60.10.50.7-0.0-0.61.4
2024-0.6-1.00.7-2.00.40.61.90.91.0-1.81.1-1.4-0.4
20232.1-1.92.50.1-0.7-0.5-0.5-0.4-2.2-0.83.23.23.8
2022-1.6-1.2-2.4-3.0-0.9-1.42.2-3.4-3.5-0.61.9-2.5-15.3
2021-0.9-2.2-0.3-0.10.10.51.4-0.4-1.3-0.31.2-1.1-3.2
20202.11.4-0.10.7-0.20.20.9-1.20.8-0.20.1-0.04.5
20190.7-0.31.7-0.41.51.10.52.6-0.9-0.7-0.6-0.94.3
2018-0.9-0.20.9-0.6-0.00.1-0.5-0.1-0.7-0.20.41.3-0.5
2017-0.80.7-0.30.50.3-0.60.00.8-0.80.30.1-0.20.1
20161.91.20.4-0.30.52.20.1-0.4-0.3-1.5-1.8-0.02.0
20152.2-1.00.7-0.8-0.6-1.31.2-0.20.80.1-0.0-0.30.8
20141.60.30.10.60.80.30.31.3-0.30.71.10.88.0
2013-0.60.60.61.0-1.7-1.10.2-0.30.60.8-0.1-0.8-0.8
20120.60.1-0.40.71.6-0.51.10.00.20.00.7-0.13.9
20111.71.2(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

Switch on: issuer-declared series with distributions reinvested — the total return, comparable with accumulating classes. Switch off: NAV without reinvestment, which drops at every distribution.
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.

Tracking difference — fund vs index

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.

What tracking difference is and how we compute it →

RiskIn this sectionRisk

Risk indicators· EUR

Last year
Volatility (ann.)3.39%
Max drawdown-7.42%
Sharpe-2.53
Sortino-3.04
Last 3 years
Volatility (ann.)4.10%
Max drawdown-10.22%
Sharpe-1.01
Sortino-1.32
Last 5 years
Volatility (ann.)4.96%
Max drawdown-25.10%
Sharpe-1.55
Sortino-2.05
Last 10 years
Volatility (ann.)4.21%
Max drawdown-29.35%
Sharpe-0.95
Sortino-1.26
Full history
Volatility (ann.)3.84%
Max drawdown-29.35%
Sharpe-0.53
Sortino-0.70
Last yearLast 3 yearsLast 5 yearsLast 10 yearsFull history
Volatility (ann.)3.39%4.10%4.96%4.21%3.84%
Max drawdown-7.42%-10.22%-25.10%-29.35%-29.35%
Sharpe-2.53-1.01-1.55-0.95-0.53
Sortino-3.04-1.32-2.05-1.26-0.70
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: 2.25%), 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, the fund's currency; the table follows the currency selected in the chart.
PortfolioIn this sectionDurationHoldingsDividends

Duration and maturities

Duration · modified duration
6.40years

Price sensitivity to rates: the longer, the more the fund moves. What is duration →

Maturity breakdown (% of fund)
< 1 year
2.23%
1–3 years
26.85%
3–5 years
19.31%
5–7 years
11.97%
7–10 years
13.88%
10–15 years
7.09%
15–25 years
10.94%
25+ years
7.73%

Source: product page Xtrackers, data as of 15 October 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.

Portfolio holdings· structure first, single issues after

Rows in the published list
1,331
Top-10 weight
3.8%

Top 10 holdings

TREASURY NOTE
0.40%
TREASURY NOTE
0.39%
TREASURY NOTE
0.39%
TREASURY NOTE
0.39%
TREASURY NOTE
0.39%
TREASURY NOTE
0.38%
TREASURY NOTE
0.37%
TREASURY NOTE
0.37%
TREASURY NOTE
0.37%
TREASURY NOTE
0.37%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustralia: 1.4%Austria: 1%AzerbaijanBurundiBelgium: 1.5%BeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanada: 2.3%SwitzerlandChileChinaIvory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 5.9%DjiboutiDenmark: 0.2%Dominican RepublicAlgeriaEcuadorEgyptEritreaSpain: 4.3%EstoniaEthiopiaFinland: 0.6%FijiFalkland IslandsFrance: 7.3%GabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIreland: 0.5%IranIraqIcelandIsrael: 0.5%Italy: 6.5%JamaicaJordanJapan: 10.1%KazakhstanKenyaKyrgyzstanCambodiaSouth Korea: 2.1%KosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlands: 1.2%Norway: 0.2%NepalNew Zealand: 0.3%OmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugal: 0.6%ParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakia: 0.2%SloveniaSweden: 0.2%SwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwanUnited Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 48.7%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States48.7%
Japan10.1%
France7.3%
Italy6.5%
United Kingdom6.1%
Germany5.9%
Spain4.3%
Breakdown computed by Rebalix by aggregating the full-precision per-position weights declared by the issuer. Cash and derivatives are not artificially attributed to a country. Values are not rescaled.
⬇ Download the published holdings — Excel, 1,331 rows
Holdings as published by Xtrackers, holdings as at 2 October 2026: 1,331 rows archived by Rebalix, summarised here. Rebalix has no statement from the issuer on the completeness of this list. How Rebalix verifies portfolio holdings →

Dividends

Latest dividend
1.1805 EUR
ex 19 Aug 2026 · paid 3 Sept 2026
Dividends, last 12 months
4.69 EUR
Dividend yield
2.83%
12-month sum over the NAV as of 16 Oct 2026

Yield by year

PeriodDividendsDividend yield
1 year4.69 EUR2.65 %
20254.44 EUR2.52 %
20244.77 EUR2.62 %
20233.26 EUR1.83 %
20225.10 EUR2.36 %
20213.47 EUR1.53 %

Dividend contribution to total return

-20%-10%0%10%−3.62 %1 year+1.34 %2025−0.39 %2024+3.79 %2023−15.17 %2022−3.24 %2021
dividendsprice changeprice decline

Calendar per share (EUR)

2026Year 3.52 EUR
Jan
·
Feb
1.17
Mar
·
Apr
·
May
1.17
Jun
·
Jul
·
Aug
1.18
Sep
·
Oct
·
Nov
·
Dec
·
2025Year 4.44 EUR
Jan
·
Feb
1.06
Mar
·
Apr
·
May
1.07
Jun
·
Jul
·
Aug
1.14
Sep
·
Oct
·
Nov
1.17
Dec
·
2024Year 4.77 EUR
Jan
·
Feb
1.79
Mar
·
Apr
·
May
0.92
Jun
·
Jul
·
Aug
1.02
Sep
·
Oct
·
Nov
1.04
Dec
·
2023Year 3.26 EUR
Jan
·
Feb
0.75
Mar
·
Apr
·
May
0.80
Jun
·
Jul
·
Aug
0.84
Sep
·
Oct
·
Nov
0.87
Dec
·
2022Year 5.10 EUR
Jan
·
Feb
·
Mar
·
Apr
3.09
May
·
Jun
0.72
Jul
·
Aug
0.60
Sep
·
Oct
·
Nov
0.69
Dec
·
YearJanFebMarAprMayJunJulAugSepOctNovDec
20261.171.171.18
20251.061.071.141.17
20241.790.921.021.04
20230.750.800.840.87
20223.090.720.600.69
20213.47
20202.28
20191.94
20181.38
20162.00
20151.49
20142.73
20132.90
20122.93

Latest dividends

1.1805 EUR per share
Ex-dividend date19 Aug 2026
Record date20 Aug 2026
Payment3 Sept 2026
1.1698 EUR per share
Ex-dividend date20 May 2026
Record date21 May 2026
Payment3 Jun 2026
1.1689 EUR per share
Ex-dividend date18 Feb 2026
Record date19 Feb 2026
Payment5 Mar 2026
1.1688 EUR per share
Ex-dividend date19 Nov 2025
Record date20 Nov 2025
Payment4 Dec 2025
1.142 EUR per share
Ex-dividend date20 Aug 2025
Record date21 Aug 2025
Payment4 Sept 2025
1.0673 EUR per share
Ex-dividend date21 May 2025
Record date22 May 2025
Payment5 Jun 2025
1.0621 EUR per share
Ex-dividend date19 Feb 2025
Record date20 Feb 2025
Payment6 Mar 2025
1.0389 EUR per share
Ex-dividend date13 Nov 2024
Record date14 Nov 2024
Payment29 Nov 2024
Per shareEx-dividend dateRecord datePayment
1.1805 EUR19 Aug 202620 Aug 20263 Sept 2026
1.1698 EUR20 May 202621 May 20263 Jun 2026
1.1689 EUR18 Feb 202619 Feb 20265 Mar 2026
1.1688 EUR19 Nov 202520 Nov 20254 Dec 2025
1.142 EUR20 Aug 202521 Aug 20254 Sept 2025
1.0673 EUR21 May 202522 May 20255 Jun 2025
1.0621 EUR19 Feb 202520 Feb 20256 Mar 2025
1.0389 EUR13 Nov 202414 Nov 202429 Nov 2024
Per-share dividends as declared by the issuer, in EUR, since the first payment (25 Jul 2012). Past dividends are not indicative of future ones.
StructureIn this sectionIndexSame indexExchanges

Index tracked

FTSE World Government Bond Index - Developed Markets in EUR terms (EUR)
This fund belongs to the government bonds family: compare all census ETFs in this family →

ETFs declaring the same index

FundTERIncomeFund size
Xtrackers · 3 classes
0.20%Acc. · Dist.2.2 mld EUR
2 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted as follows: Milan-listed classes first, then the others; within each group by ascending TER, then by descending assets. A dash “—” = not declared by the issuer in the files we read — not a zero.

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

LU0690964092XGVD
  • Directazero within the savings plan (buys)
  • Directazero on single buys from 1,000 €, agreement until 31 December 2026
  • Finecozero on buys (single orders and savings plan) — promo list renewed monthly: check it is still listed
  • Moneyfarmzero within the savings plan (buys), agreement until 22 May 2027
  • Moneyfarmzero on single buys from 1,000 €, agreement until 22 May 2027
  • XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 15 October 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

Exchanges with a ticker available· in alphabetical order
ExchangeTickerExchange sourceRegistered since
Borsa Italiana (ETFplus)XGVDfrom tax documentESMA register (FIRDS)1 Feb 2012
Börse DüsseldorfXGVDfrom mappingESMA register (FIRDS)23 Dec 2013
Börse FrankfurtXGVDfrom mappingESMA register (FIRDS)9 Jan 2012
Börse HamburgXGVDfrom mappingESMA register (FIRDS)15 Jan 2014
Börse HannoverXGVDfrom mappingESMA register (FIRDS)28 Dec 2022
Börse München / gettexXGVDfrom mappingESMA register (FIRDS)4 Jul 2014
Börse StuttgartXGVDfrom mappingESMA register (FIRDS)9 Jan 2012
London Stock Exchange0DXYfrom tax documentissuer’s tax document (exchange outside the FIRDS perimeter)—
Tradegate ExchangeXGVDfrom mappingESMA register (FIRDS)28 Dec 2016
Xetra (Deutsche Börse)XGVDfrom tax documentESMA register (FIRDS)9 Jan 2012
from tax document — ticker from the half-yearly document the issuer publishes for the Italian tax authority, one ticker per exchange: where the exchange trades several lines (different currencies) the others do not appear.
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.
+ 6 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 sectionDocumentsFAQ

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF 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

Which index does Xtrackers Global Government Bond UCITS ETF 1d Eur Hedged track?
The issuer Xtrackers declares the benchmark: FTSE World Government Bond Index - Developed Markets in EUR terms (EUR).
How much does XGVD cost?
The issuer-declared TER is 0.25% per year (period and nature not declared by the source); the transaction costs estimated in the KID are 0.03%.
How is XGVD taxed in Italy?
On sale, the capital gain is taxed at an effective 12.85% rate (white-list share 97.39%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of XGVD?
The fund size declared by Xtrackers is about 2.2 billion euro.
When was XGVD launched?
The fund was launched on 22 November 2011: it has 14 years of history.
How does XGVD replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Fisica (dal KID)”).
Does XGVD pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Distributing”).
Where does XGVD trade?
Per the official ESMA register (FIRDS) and the issuer’s documents it is listed on 10 exchanges with a ticker available, including Borsa Italiana (ETFplus) (XGVD), Börse Düsseldorf (XGVD), Börse Frankfurt (XGVD), Börse Hamburg (XGVD), Börse Hannover (XGVD), Börse München / gettex (XGVD).
What was XGVD's worst fall?
Over the available history (since 2011), the maximum drawdown was -29.35%, reached in September 2026. Past performance is not indicative of future results.
How many positions does XGVD publish?
The list published by the issuer and archived by Rebalix has 1,331 rows; the top 10 weigh 3.8%. The issuer does not declare the list as complete: rows are reported as published, weights included, even where a position has zero weight.
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