Xtrackers II USD Overnight Rate Swap UCITS ETF 1C

Xtrackers II USD Overnight Rate Swap UCITS ETF 1C

About

Xtrackers II USD Overnight Rate Swap UCITS ETF 1C (LU0321465469) is a UCITS-compliant bond ETF tracking the Solactive FEDL Daily TR. With a TER of 0.1%, it ranks among the lowest-cost options in its category, reinvesting dividends. The fund holds 21 positions across 7 regions with 250M in assets, with heavy concentration — 54% in government bonds.

ISIN
Fund Size €249.9M
Issuer Xtrackers
Distribution Re-Invests Dividends
Replication Synthetic
Inception Oct 2007
Base Currency USD
Index Solactive FEDL Daily TR
Asset Class Bonds
Category Money Market

Costs

9.5
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%
Tracking Difference0.00%
TD Consistency0.00%

Cumulative Returns

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

Holdings

1.1
With only 21 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
United States Treasury Note/Bond
0.13%
#2
United States Treasury Note/Bond
0.11%
#3
United States Treasury Note/Bond
0.11%
#4
PRIMA BANKA SLOVENSKO AS RegS
0.11%
#5
DANMARKS SKIBSKREDIT AS
0.10%
#6
United States Treasury Note/Bond
0.09%
#7
BANCA MONTE DEI PASCHI S
0.07%
#8
BENDIGO AND ADELAIDE BK
0.06%
#9
NATIXIS PFANDBRIEFBK AG
0.04%
#10
Cie de Financement Foncier SA
0.04%

Sectors

1.6
This fund is concentrated in just a few of its 3 sectors, reducing diversification.

Regions

6.3
This fund invests across 8 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2023-06-05 — 2026-05-29).
0.2%
Volatility
-0.0%
Max Drawdown
12.62
Sharpe Ratio
1198.96
Sortino Ratio
1916.08
Calmar Ratio
0.19
Beta
-3.60%
Alpha (Jensen's)
0.204
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

Broker Availability

Where you can buy this ETF.
flatex
Trade
€5.90
Savings Plan
Free
Account
Free
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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