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Xtrackers II ESG Global Government Bond UCITS ETF (XZWG.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 5, 2026

XZWG.DE is a passive ETF by DWS tracking the investment results of the Bloomberg Global Aggregate TR Hdg EUR. XZWG.DE launched on Dec 7, 2021 and has a 0.20% expense ratio.

Xtrackers II ESG Global Government Bond UCITS ETF (XZWG.DE) belongs to the Global Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with XZWG.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to XZWG.DE

XZWG.DE charges 0.20% annually. There are 19 ETFs in the Global Bonds category with lower expense ratios, going as low as 0.05%.

SymbolNameExpense RatioAUMInception
PRAG.DE
Amundi Prime Global Govies UCITS ETF0.05%—Jan 2020XZWG.DE vs PRAG.DE
EUNU.DE
iShares Core Global Aggregate Bond UCITS ETF USD (...0.10%—Nov 2017XZWG.DE vs EUNU.DE
10AM.DE
AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist0.10%—Dec 2017XZWG.DE vs 10AM.DE
AEGE.DE
iShares Global Aggregate Bond ESG UCITS ETF (EUR H...0.10%—Aug 2021XZWG.DE vs AEGE.DE
SPFV.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF USD...0.10%—Oct 2019XZWG.DE vs SPFV.DE

Best Risk-Adjusted Alternatives to XZWG.DE

XZWG.DE has a PortfoliosLab risk / return rank of 5. There are 26 ETFs in the Global Bonds category with higher risk-adjusted ranks, going as high as 32.

SymbolNameRisk / Return RankAUMInception
SPFV.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF USD...
32
—Oct 2019XZWG.DE vs SPFV.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...
31
—Feb 2018XZWG.DE vs SPFB.DE
AHYB.DE
Amundi Global Aggregate SRI UCITS ETF Hedged USD
21
—Jun 2022XZWG.DE vs AHYB.DE
AHYA.DE
Amundi Index J.P. Morgan GBI Global Govies UCITS E...
18
—Jun 2022XZWG.DE vs AHYA.DE
AHYH.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF Hedged E...
16
—Sep 2022XZWG.DE vs AHYH.DE

Top Performing XZWG.DE Alternatives (YTD)

XZWG.DE is at 0.27% YTD. There are 11 ETFs in the Global Bonds category with higher YTD returns, going as high as 1.31%.

SymbolNameYTD ReturnAUMInception
HGGA.DE
HSBC Bloomberg Global Sustainable Aggregate 1-3 Ye...
1.31%
—Dec 2021XZWG.DE vs HGGA.DE
IS0Z.DE
iShares Global AAA-AA Government Bond UCITS ETF (D...
1.29%
—Oct 2012XZWG.DE vs IS0Z.DE
10AM.DE
AMUNDI GLOBAL AGGREGATE BOND UCITS ETF Dist
1.19%
—Dec 2017XZWG.DE vs 10AM.DE
SYBZ.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF
0.96%
—Jan 2018XZWG.DE vs SYBZ.DE
AHYF.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF USD
0.87%
—Jun 2022XZWG.DE vs AHYF.DE

Lowest Volatility Alternatives to XZWG.DE

XZWG.DE has 3.87% 1-year volatility. There are 22 ETFs in the Global Bonds category with lower 1-year volatility, going as low as 2.27%.

SymbolNameVolatility 1YAUMInception
AHYH.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF Hedged E...2.27%—Sep 2022XZWG.DE vs AHYH.DE
SPFV.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF USD...2.93%—Oct 2019XZWG.DE vs SPFV.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...3.01%—Feb 2018XZWG.DE vs SPFB.DE
AHYF.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF USD3.21%—Jun 2022XZWG.DE vs AHYF.DE
SPFE.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF EUR...3.23%—Feb 2018XZWG.DE vs SPFE.DE

Lowest Drawdown Alternatives to XZWG.DE

XZWG.DE has a 1-year max drawdown of -2.66%. There are 10 ETFs in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.59%.

SymbolNameMax Drawdown 1YAUMInception
AHYH.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF Hedged E...
-1.59%
—Sep 2022XZWG.DE vs AHYH.DE
AHYF.DE
Amundi Global Aggregate SRI 1-5 UCITS ETF USD
-1.78%
—Jun 2022XZWG.DE vs AHYF.DE
HGGA.DE
HSBC Bloomberg Global Sustainable Aggregate 1-3 Ye...
-2.04%
—Dec 2021XZWG.DE vs HGGA.DE
SPFB.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF GBP...
-2.31%
—Feb 2018XZWG.DE vs SPFB.DE
SYBZ.DE
SPDR Bloomberg Global Aggregate Bond UCITS ETF
-2.33%
—Jan 2018XZWG.DE vs SYBZ.DE

Other ETFs from DWS

The 10 most viewed DWS ETFs shown here include XDEM.DE, XDEV.DE, XDEB.DE and span 6 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
XDEM.DE
Xtrackers MSCI World Momentum Factor UCITS ETF 1CMomentum, Global Equities
63
22.76%
—Sep 2014XZWG.DE vs XDEM.DE
XDEV.DE
Xtrackers MSCI World Value Factor UCITS ETF 1CGlobal Equities
97
35.07%
—Sep 2014XZWG.DE vs XDEV.DE
XDEB.DE
Xtrackers MSCI World Minimum Volatility UCITS ETF ...Global Equities
9
1.74%
—Sep 2014XZWG.DE vs XDEB.DE
XNZN.DE
Xtrackers Nordic Net Zero Pathway Paris Aligned UC...Europe Equities
10
0.62%
—Apr 2023XZWG.DE vs XNZN.DE
XCTE.DE
Xtrackers Harvest MSCI China Tech 100 UCITS ETF 1CTechnology Equities
25
5.61%
—Mar 2022XZWG.DE vs XCTE.DE
XECT.DE
Xtrackers MSCI Europe Climate Transition UCITS ETF...Europe Equities
30
6.91%
—Jan 2023XZWG.DE vs XECT.DE
XZHE.DE
Xtrackers ESG EUR High Yield Corporate Bond UCITS ...European High Yield Bonds
24
0.54%
—Jun 2022XZWG.DE vs XZHE.DE
XUIN.DE
Xtrackers MSCI USA Industrials UCITS ETF 1DIndustrials Equities
45
14.33%
—Jan 2021XZWG.DE vs XUIN.DE
XCEU.DE
Xtrackers MSCI EMU Climate Transition UCITS ETF 1CEurope Equities
32
8.87%
—Jan 2023XZWG.DE vs XCEU.DE
XCTW.DE
Xtrackers MSCI World Climate Transition UCITS ETFGlobal Equities
61
9.85%
—Jan 2023XZWG.DE vs XCTW.DE

Often Compared With XZWG.DE

Investors most often compare XZWG.DE with 10AK.DE, XNZE.DE, XBAE.DE. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
10AK.DE
Amundi Index J.P. Morgan GBI Global Govies UCITS E...Global Bonds
4
0.09%
—Feb 2018XZWG.DE vs 10AK.DE
XNZE.DE
Xtrackers EMU Net Zero Pathway Paris Aligned UCITS...Europe Equities
28
9.92%
—Feb 2022XZWG.DE vs XNZE.DE
XBAE.DE
Xtrackers II ESG Global Aggregate Bond UCITS ETF 5...Global Bonds
12
-0.55%
—Mar 2014XZWG.DE vs XBAE.DE
VAGE.DE
Vanguard Global Aggregate Bond UCITS ETF (EUR Hedg...Global Bonds
14
-0.58%
—Jun 2019XZWG.DE vs VAGE.DE
VAGF.DE
Vanguard Global Aggregate Bond UCITS ETF (EUR Hedg...Global Bonds
14
-0.68%
—Jun 2019XZWG.DE vs VAGF.DE
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF (EUR ...Global Bonds
14
-0.46%
—Nov 2017XZWG.DE vs EUNA.DE

Compare XZWG.DE with Any Fund or Stock

Compare XZWG.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair XZWG.DE with funds that move differently

Xtrackers II ESG Global Government Bond UCITS ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XZWG.DE.

Explore XZWG.DE Diversifiers