Xtrackers II Germany Government Bond 1-3 UCITS ETF 1D

Xtrackers II Germany Government Bond 1-3 UCITS ETF 1D is an exchange-traded fund that tracks the iBoxx EUR Germany 1-3 index, focusing on euro-denominated sovereign bonds issued by the German government with maturities between one and three years. Launched on January 5, 2010, and domiciled in Luxembourg, this UCITS-compliant ETF employs a physical replication method to mirror the index's performance, providing investors with exposure to high-quality, short-duration fixed-income securities. It distributes dividends annually, with a recent yield around 1.05% and historical payouts varying from EUR 0.85 to 1.69 over the past few years, reflecting stable income potential from investment-grade government debt. Key holdings include prominent German bonds such as the 0.5% maturing August 2027 and others, comprising over 67% of the portfolio in the top ten positions. With a low total expense ratio of 0.15%, assets under management near EUR 13-20 million, and unhedged currency risk in EUR, the ETF serves conservative strategies seeking minimal volatility, diversification in the European fixed-income market, and defense against broader market fluctuations through its short-term focus. Managed passively by DWS Investment S.A. under Deutsche Bank, it enhances accessibility to the German sovereign bond segment for portfolio stability.