- ISIN
- LU0494592974
- Issuer
- Xtrackers
- Inception Date
- May 19, 2010
- Category
- Government Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- FTSE Australian Government Bond Index
- Domicile
- Luxembourg
- Distribution Policy
- Accumulating
- Asset Class
- Bond
Share Price Chart
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Performance
XCS2.DE Performance Chart
Xtrackers II Australia Government Bond UCITS ETF (Acc) (XCS2.DE) is up 8.7% since the beginning of the year. XCS2.DE is currently trading at €149 per share. Investors who bought €1,000 worth of XCS2.DE shares 5 years ago would now be looking at an investment worth €908.
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Returns By Period
Xtrackers II Australia Government Bond UCITS ETF (Acc) (XCS2.DE) has returned 8.74% so far this year and 9.20% over the past 12 months. Over the last ten years, XCS2.DE has returned -0.09% per year, falling short of the S&P 500 Index benchmark, which averaged 13.23% annually.
Xtrackers II Australia Government Bond UCITS ETF (Acc)
- 1D
- 0.64%
- 1M
- 0.17%
- 6M
- 8.57%
- YTD
- 8.74%
- 1Y
- 9.20%
- 3Y*
- 2.45%
- 5Y*
- -1.91%
- 10Y*
- -0.09%
Benchmark (S&P 500 Index)
- 1D
- -0.43%
- 1M
- 0.48%
- 6M
- 11.83%
- YTD
- 12.30%
- 1Y
- 22.52%
- 3Y*
- 17.03%
- 5Y*
- 12.27%
- 10Y*
- 13.23%
XCS2.DE Monthly Returns History
Based on dividend-adjusted daily data since May 19, 2010, XCS2.DE's average daily return is +0.10%, while the average monthly return is +0.21%. At this rate, an investment would double in approximately 27.5 years.
Historically, 51% of months were positive and 49% were negative. The best month was Jan 2016 with a return of +51.3%, while the worst month was Feb 2016 at -33.3%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.
On a daily basis, XCS2.DE closed higher 51% of trading days. The best single day was Oct 6, 2015 with a return of +57.8%, while the worst single day was Aug 25, 2015 at -37.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.58% | 3.53% | -3.00% | 2.93% | 2.26% | -0.55% | -0.14% | 8.74% | |||||
| 2025 | 1.23% | 0.35% | -3.33% | -0.13% | 0.48% | -1.08% | 0.48% | -0.39% | 0.81% | 1.04% | -1.52% | -0.04% | -2.17% |
| 2024 | -0.66% | -1.69% | 1.43% | -1.97% | 1.33% | 2.23% | -0.99% | 2.40% | 1.82% | -5.57% | 3.84% | -3.46% | -1.70% |
| 2023 | 5.59% | -4.07% | 1.54% | -3.05% | -0.51% | -1.96% | 0.59% | -1.95% | -0.25% | -4.28% | 4.80% | 4.98% | 0.78% |
| 2022 | -3.68% | 0.77% | 0.22% | -2.85% | -1.60% | -2.51% | 7.63% | -3.81% | -4.80% | -1.23% | 2.58% | -4.87% | -13.88% |
| 2021 | 0.22% | -2.60% | 1.85% | -0.47% | -0.88% | 1.06% | 0.04% | 0.17% | -1.29% | 0.70% | -1.46% | 2.52% | -0.26% |
Benchmark Metrics
Xtrackers II Australia Government Bond UCITS ETF (Acc) has an annualized alpha of 24.53%, beta of 0.03, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since May 19, 2010.
- This ETF participated in 54.56% of S&P 500 Index downside but only 12.34% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.03 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 24.53%
- Beta
- 0.03
- R²
- 0.00
- Upside Capture
- 12.34%
- Downside Capture
- 54.56%
Expense Ratio
XCS2.DE has an expense ratio of 0.25%, which is considered low.
Return for Risk
Risk / Return Rank
XCS2.DE ranks 39 for risk / return — below 39% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Xtrackers II Australia Government Bond UCITS ETF (Acc) (XCS2.DE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XCS2.DE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.87 | ||
| Sortino ratioReturn per unit of downside risk | -0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.35 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 3.18 | -1.18 |
| Martin ratioReturn relative to average drawdown | 6.68 | 11.76 | -5.09 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Xtrackers II Australia Government Bond UCITS ETF (Acc). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Xtrackers II Australia Government Bond UCITS ETF (Acc) was 41.58%, occurring on Oct 31, 2023. The portfolio has not yet recovered.
The current Xtrackers II Australia Government Bond UCITS ETF (Acc) drawdown is 32.78%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2023 bear market2023 | -41.58%Oct 2023 | 6y 3mo | — | 9y 1dJul 2017 - now |
2015 bear market2015 | -38.27%Sep 2015 | 13d | 4mo 24d | 5mo 7dAug 2015 - Jan 2016 |
2016 bear market2016 | -36.74%Feb 2016 | 8d | 23d | 1mo 1dFeb 2016 - Mar 2016 |
2013 bear market2013 | -36.38%Dec 2013 | 7mo 26d | 2mo 4d | 10moMay 2013 - Mar 2014 |
2014 bear market2014 | -35.65%Mar 2014 | 7d | 1mo 26d | 2mo 3dMar 2014 - May 2014 |
Drawdown Indicators
| XCS2.DE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.58% | -51.62% | +10.04% |
Max Drawdown (1Y)Largest decline over 1 year | -4.56% | -7.57% | +3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -12.00% | -23.99% | +11.99% |
Max Drawdown (5Y)Largest decline over 5 years | -22.36% | -23.99% | +1.63% |
Max Drawdown (10Y)Largest decline over 10 years | -41.58% | -33.42% | -8.16% |
Current DrawdownCurrent decline from peak | -32.78% | -0.43% | -32.35% |
Average DrawdownAverage peak-to-trough decline | -25.75% | -9.08% | -16.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 2.04% | -0.67% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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