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›ETF Providers›L&G›XBHE

XBHE

IE000YMQ2SC9

Passive ETF Fixed Income ESG

XBHE ETF · L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF

The XBHE Exchange Traded Fund (ETF) is provided by L&G. It is built to track an index: J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index. The XBHE ETF provides physical exposure, so by buying it you actually own parts of all the 655 underlying holdings. The dividend policy is capitalization.

Share class

Acc

EUR

Hedged

Last update Yesterday at 8:00 AM UTC

LIVE

CLOSED

This fund is part ofInternational Corp IG Bonds1M perf.-1.85%

Last price

€10.32

1M perf.

-0.21%

1M flows

+€1.6M

AuM

€130M

E/R

0.15%

Rating

Not rated

ESG Consensus®

XBHE

€10.32

Performance & flows

Segment for quartile rank

December 12, 2025 → March 12, 2026

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XBHE

€10.32

+0.23%

International Corp IG Bonds

+0.14%

Historic performance and flows

	1M	3M	1Y	3Y	5Y	MTD	QTD	YTD
Perf.	-0.21%	+0.23%	+2.08%	N/A	N/A	-0.29%	+0.10%	+0.10%
Flows

Key fund info

Segment for quartile rank

Main characteristics

Issuer

L&G

ISIN

IE000YMQ2SC9

AuM

€130M

E/R

0.15%

Replication rating

Not rated

ESG Consensus®

More details

NAV

3/12/2026

€10.32

1D NAV change

-0.10%

Dividend policy

Capitalization

Replication method

Direct (Physical)

Replication model

Optimized sampling

No. of holdings

655

Inception date

10/17/2024

Jurisdiction

Ireland

Distribution

Germany

Finland

France

Denmark

Sweden

Legal structure

Open-end Investment Company

Base currency

EUR

Classification

Product type

Passive ETF

Benchmark

J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index

Asset class

Fixed Income

Factors

N/A

Share class info

EUR capitalizing hedged

Total AuM of fund

€139M

Decimalisation of shares

Investment strategy

The L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF (the “Fund”) aims to track the performance of the J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index (the “Index”).

Tax optimisation

PEA

France

UK Reporting Status

United Kingdom

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Legal documents

Powerful buy-list integration

Fund data exports

Advanced risk metrics

Advanced replication analysis

Advanced exposure look-through

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Enterprise

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Risk profile

Segment for quartile rank

Historical risk/return profile

	3M	1Y	3Y	5Y
Returns	+0.23%	+2.08%	N/A	N/A
Volatility
Perf./Volatility
Max drawdown

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Synthetic Risk and Reward Indicator (SRRI)

UCITS

PRIIPS

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Enterprise

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Exposure

Countries

USA

68.77%

Germany

7.98%

France

5.38%

United Kingdom

4.05%

Switzerland

3.03%

Netherlands

2.03%

Italy

1.35%

Japan

1.13%

Unavailable

1.21%

Other

5.07%

Sectors

Insurance and reinsurance

11.99%

Pharmaceutical preparation and biotechnology

8.32%

Motor vehicle production

8.19%

Financial markets

7.00%

Miscellaneous machinery and industrial equipment

5.47%

It services and computer programming

5.11%

Food and beverage production

4.56%

It equipment

3.48%

Unavailable

4.05%

Other

41.83%

Diversification

Total weight of top 15 holdings out of 655

Top 15 holdings

Data as of January 31, 2026

AbbVie, 2.95% 21nov2026, USD

Microsoft, 3.3% 6feb2027, USD

Schneider Electric, 1% 9apr2027, EUR (27)

Microsoft, 2.4% 8aug2026, USD

Meta Platforms, 3.5% 15aug2027, USD

Reckitt Benckiser Group, 3% 26jun2027, USD

Eni Spa, 3.625% 19may2027, EUR

Sika AG, 3.75% 3nov2026, EUR

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Cisco Systems, 4.8% 26feb2027, USD

Medtronic Plc, 1.125% 7mar2027, EUR

SGS S.A., 0.125% 21apr2027, EUR

Athene Global Funding, 5.339% 15jan2027, USD (2024-2)

New York Life Global Funding, 1.15% 9jun2026, USD (2021-10)

Daimler Truck Holding, 5.125% 25sep2027, USD

Apple, 2.9% 12sep2027, USD

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Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

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Sustainability

Integrates ESG criteria

Yes

SDG

ESG Consensus® by Conser

Data as of December 31, 2025

Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about XBHE ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.

XBHE’s has a Final Sustainability Grade of either B+, B, or B-.

A+

A-

B+

B-

C+

C-

Conser website ESG Consensus® methodology

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.

Learn more about Trackinsight Enterprise

Holdings review

78.05% of holdings have positive scoring

23.03% of holdings have negative scoring

9.30%

43.06%

25.69%

6.98%

14.23%

Consensus levels

Strong

Medium

Weak

Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Learn more about Trackinsight Enterprise

Issuer

L&G

L&G ID Card

Number of funds

Total AuM

€20.92B

Expense ratio range

0.05% - 0.8%

Average expense ratio

0.3324%

View all L&G funds

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Frequently asked questions about XBHE

What does L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF, XBHE, invest in?

XBHE is a Passive ETF. This ETF provides exposure to Developed markets Investment Grade Corporate Bonds, excluding Banks.

Which benchmark or index does XBHE replicate?

XBHE tracks the J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index - USD, through a optimized sampling replication method.

What is the Total Expense ratio (TER) of XBHE?

XBHE carries a total expense ratio (TER) of 0.15%, indicating the annual cost for holding the fund.

When was XBHE launched?

XBHE was introduced to the market on October 17, 2024. It trades on Germany, among other exchanges

Who is the ETF issuer of XBHE?

L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF, XBHE, is provided by L&G. Learn more about L&G here.

Does XBHE have multiple share classes?

Yes, XBHE is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

What is the current assets under management (AUM) of XBHE?

XBHE oversees €130M in assets as of March 12, 2026.

How has XBHE performed lately?

Based on data from March 12, 2026, XBHE returned -0.21% over the past month, 0.23% over the last three months and 0.10% year-to-date.

What are the latest inflows or outflows for XBHE?

As of March 12, 2026, XBHE recorded net flows of +€1.6M over the last month and +€1.8M year-to-date.

Does XBHE distribute dividends?

XBHE follows a capitalizing, meaning it reinvests income within the fund.

What are the main country or region exposures of XBHE?

As of January 31, 2026, XBHE has significant geographic allocations in USA, Germany and France.

In which sector or theme does XBHE invest in?

As of January 31, 2026, XBHE focuses largely on Insurance and reinsurance, Pharmaceutical preparation and biotechnology and Motor vehicle production.

How many securities does XBHE hold and how diversified is it?

As of January 31, 2026, XBHE holds 655 positions in its portfolio, with 7.22% of assets concentrated in its top 15 holdings.

What are the main positions in XBHE?

As of January 31, 2026, XBHE top three holdings include AbbVie, 2.95% 21nov2026, USD, Microsoft, 3.3% 6feb2027, USD and Schneider Electric, 1% 9apr2027, EUR (27).

What is the base currency of XBHE?

The base currency of XBHE is EUR.

Is XBHE currency-hedged?

XBHE is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.

About Trackinsight

Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.

Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.

In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.

This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.

Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.

More about Trackinsight

Don’t Miss a Move in the ETF Market

XBHE ETF · L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF

Performance & flows

Historic performance and flows

Monthly performance and flows

Trading and listing info

Key fund info

Enterprise

Risk profile

Historical risk/return profile

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Exposure

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Sustainability

ESG Consensus® by Conser

Enterprise

Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.

Issuer

Frequently asked questions about XBHE

What does L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF, XBHE, invest in?

XBHE is a Passive ETF. This ETF provides exposure to Developed markets Investment Grade Corporate Bonds, excluding Banks.

Which benchmark or index does XBHE replicate?

XBHE tracks the J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index - USD, through a optimized sampling replication method.

What is the Total Expense ratio (TER) of XBHE?

XBHE carries a total expense ratio (TER) of 0.15%, indicating the annual cost for holding the fund.

When was XBHE launched?

XBHE was introduced to the market on October 17, 2024. It trades on Germany, among other exchanges

Who is the ETF issuer of XBHE?

L&G Corporate Bond ex-Banks Higher Ratings 0-2Y UCITS ETF, XBHE, is provided by L&G. Learn more about L&G here.

Does XBHE have multiple share classes?

Yes, XBHE is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes here.

What is the current assets under management (AUM) of XBHE?

XBHE oversees €130M in assets as of March 12, 2026.

How has XBHE performed lately?

Based on data from March 12, 2026, XBHE returned -0.21% over the past month, 0.23% over the last three months and 0.10% year-to-date.

What are the latest inflows or outflows for XBHE?

As of March 12, 2026, XBHE recorded net flows of +€1.6M over the last month and +€1.8M year-to-date.

Does XBHE distribute dividends?

XBHE follows a capitalizing, meaning it reinvests income within the fund.

What are the main country or region exposures of XBHE?

As of January 31, 2026, XBHE has significant geographic allocations in USA, Germany and France.

In which sector or theme does XBHE invest in?

As of January 31, 2026, XBHE focuses largely on Insurance and reinsurance, Pharmaceutical preparation and biotechnology and Motor vehicle production.

How many securities does XBHE hold and how diversified is it?

As of January 31, 2026, XBHE holds 655 positions in its portfolio, with 7.22% of assets concentrated in its top 15 holdings.

What are the main positions in XBHE?

As of January 31, 2026, XBHE top three holdings include AbbVie, 2.95% 21nov2026, USD, Microsoft, 3.3% 6feb2027, USD and Schneider Electric, 1% 9apr2027, EUR (27).

What is the base currency of XBHE?

The base currency of XBHE is EUR.

Is XBHE currency-hedged?

XBHE is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.

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Yes, XBHE is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .