L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc

ISIN IE000CWS09Q9

 | 

WKN A40E7P

TER
0.12% p.a.
Distribution policy
Accumulating
Replication
Sampling
Fund size
4 m
 

Overview

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Description

The L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc seeks to track the J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped index. The J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped index tracks EUR and USD denominated corporate bonds. Banks are excluded. The index consists of ESG (environmental, social and governance) screened corporate bonds. Maturity: 3-24 months. Rating: A- or above.
 
The ETF's TER (total expense ratio) amounts to 0.12% p.a.. The L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc is the only ETF that tracks the J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped index. The ETF replicates the performance of the underlying index by sampling technique (buying a selection of the most relevant index constituents). The interest income (coupons) in the ETF is accumulated and reinvested in the ETF.
 
The L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc is a very small ETF with 4m Euro assets under management. The ETF was launched on 10 October 2024 and is domiciled in Ireland.
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Chart

Basics

Data

Index
J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped
Investment focus
Bonds, World, Corporate, 0-3, Social/Environmental
Fund size
EUR 4 m
Total expense ratio
0.12% p.a.
Replication Physical (Sampling)
Legal structure ETF
Strategy risk Long-only
Sustainability Yes
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in EUR)
-
Inception/ Listing Date 10 October 2024
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ireland
Fund Provider Legal & General (LGIM)
Tax data Bundesanzeiger
Germany Unknown
Switzerland No ESTV Reporting
Austria Non-Tax Reporting Fund
UK UK Reporting
Indextype Total return index
Swap counterparty -
Collateral manager BNY Mellon Fund Services (Ireland) Limited
Securities lending No
Securities lending counterparty

Similar ETFs

This section provides you with information on other ETFs with a similar investment focus to the L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc.
Similar ETFs via ETF search
How do you like our ETF profile? Here you'll find our Questionnaire.

ETF Savings plan offers

Here you can find information about the savings plan availability of the ETF. You can use the table to compare all savings plan offers for the selected savings rate.
 
Broker Rating Execution fee Account fee
0.00€
0.00€
View offer*
Source: justETF Research; As of 12/2024; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Execution fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.

Order fees

Here you can find information about different brokers that allow you to trade ETFs. Select your preferred order volume to compare the fees charged by the respective brokers.
 
Broker Rating Order fee ETF savings plans
0.99€
2594
View offer*
0.00€
1085
View offer*
0.00€
895
View offer*
5.90€
1704
View offer*
6.15€
1082
View offer*
Show all offers
Source: justETF Research; As of 12/2024; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.

Performance

Returns overview

YTD -
1 month +1.50%
3 months -
6 months -
1 year -
3 years -
5 years -
Since inception (MAX) +3.72%
2023 -
2022 -
2021 -
2020 -

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year -
Volatility 3 years -
Volatility 5 years -
Return per risk 1 year -
Return per risk 3 years -
Return per risk 5 years -
Maximum drawdown 1 year -
Maximum drawdown 3 years -
Maximum drawdown 5 years -
Maximum drawdown since inception -0.95%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
Borsa Italiana EUR XBNK XBNK IM
XBNK.MI
Flow Traders B.V.
London Stock Exchange GBX XBNG XBNG LN
XBNG.L
Flow Traders B.V.
London Stock Exchange USD XBNK XBNK LN
XBNK.L
Flow Traders B.V.
XETRA EUR XBHR XBHR GY
XBHR.DE
Flow Traders B.V.

Further information

Further ETFs with similar investment focus

Fund name Fund Size in m € (AuM) TER p.a. Distribution Replication
iShares EUR Ultrashort Bond UCITS ETF EUR (Dist) 3,033 0.09% p.a. Distributing Sampling
iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR (Dist) 2,582 0.12% p.a. Distributing Sampling
Vanguard USD Corporate 1-3 Year Bond UCITS ETF Accumulating 1,710 0.09% p.a. Accumulating Sampling
iShares USD Ultrashort Bond UCITS ETF USD (Acc) 1,289 0.09% p.a. Accumulating Sampling
SPDR Bloomberg 0-3 Year Euro Corporate Bond UCITS ETF 901 0.20% p.a. Distributing Sampling

Frequently asked questions

What is the name of XBHR?

The name of XBHR is L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc.

What is the ticker of L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc?

The primary ticker of L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc is XBHR.

What is the ISIN of L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc?

The ISIN of L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc is IE000CWS09Q9.

What are the costs of L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc?

The total expense ratio (TER) of L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc amounts to 0.12% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc?

The fund size of L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF USD Acc is 4m Euro. See the following article for more information about the size of ETFs.

Track your ETF strategies online

— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.