DWS Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF
DWS Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF is a passive bond ETF from DWS, ISIN LU2178481649.
Passive
Bond
Global
Fund size (GBP) £1.7B
The aim is for your investment to reflect the performance of the Bloomberg Barclays MSCI Euro Corporate Sustainable and SRI 0-5 Year Index (index). The index aims to reflect the performance of certain types of tradable debt (bonds) issued by companies which are denominated in Euro, with a remaining time to maturity of at least 1 month and up to (but not including) 5 years, excluding those bonds issued by companies which fail to meet certain environmental, social and governance (ESG) criteria. The composition of the index is rebalanced monthly. On each rebalancing date, specific rules are applied to determine which bonds are eligible for inclusion, which include; minimum and maximum time to maturity, amount outstanding, and a minimum ‘investment grade’ credit rating from major ratings agencies. The index is administered by Bloomberg Index Services Limited. The index is calculated on a total return basis which means that the payments from coupons are reinvested in the index. To achieve the aim, the fund will 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. 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 currency of the fund is EUR. Returns and gains are not distributed but are reinvested in the fund. You may request the redemption of shares generally on a daily basis.
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+1.5%
1 year return
+12.8%
3 year return
+6.9%
5 year return
Chart type
Compare with
Show
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month−0.8%
3 months−1.7%
Volatility, 3 years4.2%
Ongoing charge (OCF)
Fund size (GBP)£1.7B
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 6 Oct 2026. Swipe or use the arrows for more panels.
By sector
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Corporates99.5%
Unknown0.5%
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
United States of America20.0%
France19.0%
Germany11.5%
See all countriesA free account shows the full list.
By asset class
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
US Fixed Interest20.0%
French Fixed Interest19.0%
German Fixed Interest11.5%
See all asset classesA free account shows the full list.
Largest holdings
The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 6 Oct 2026.
1. VERIZON COMMUNICATIONS0.2%
2. AMAZON.COM IN 3.1% Mar300.2%
3. SANOFI 1.375% BDS 21/03/30 EUR1000000.2%
4. MICROSOFT CORP 3.125% BDS 06/12/28 EUR1000000.1%
5. NOVARTIS FINANCE SA 0% BDS 23/09/28 EUR1000000.1%
See all holdingsA free account shows the full list.
Macro events and this fund
Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.
Performance, risk and facts
Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.
Against its benchmark
How the fund compares with its benchmark over the same period.
Risk
How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years4.2%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)0.10
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−3.6%
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 25 May 2026.
Regulatory risk rating (SRRI)3 of 7
Fund facts
Legal and cost facts for a client note. As reported by the manager.
ISIN
LU2178481649
Management company
DWS Investment S.A
Depositary
State Street Bank International GmbH, Luxembourg Branch
Benchmark
Bloomberg MSCI Euro Corporate Sustainable and SRI 0-5 Year Index
Ongoing charge
Share class launch date
23 Jul 2020
Domicile
LU
Fund type
open-ended fund
SRRI
3 of 7
What a sum would have become
What an amount would have grown to over the period.
n/a
Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.
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