Lyxor US$ 10Y Inflation Expectations UCITS ETF - Acc

Latest NAV
106.9764 USD
Performance YTD


Assets Under Management
395m USD
Dividend Policy
Investment Objective

The Lyxor US$ 10Y Inflation Expectations UCITS ETF - Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index Markit iBoxx USD Breakeven 10-Year Inflation Index. The index is representative of the performance of a long position in the 6 last issuances of U.S. 10-year Treasury Inflation-Protected securities and a short position in U.S. Treasury bonds with adjacent durations. The difference in yield between these bonds is commonly referred to as a “breakeven rate of inflation” and is considered to be a measure of the market’s expectations for inflation over a specified period of time. Lyxor ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.


Lyxor US$ 10Y Inflation Expectations UCITS ETF - Acc


Performance history


The figures relating to [past performances / simulated past performances / past performances and simulated past performances] refer or relate to past periods and are not a reliable indicator of future results. This also applies to historical market data.

Cumulative Performance

Product YTD 1M 3M 6M 1Y 3Y 5Y ALL
Lyxor US$ 10Y Inflation Expectations UCITS ETF - Acc ETF 1.77% 0.31% 3.17% 4.04% 5.9% 1.79% - 6.15%
Markit iBoxx USD Breakeven 10-Year Inflation Index Benchmark Index 1.83% 0.34% 3.26% 4.22% 6.27% 2.86% - 7.94%
Data as of 01/03/2021, Source: Lyxor International Asset Management

Calendar Performance

Product 2020 2019 2018 2017
Lyxor US$ 10Y Inflation Expectations UCITS ETF - Acc ETF 0.66% 1.79% -1.44% 0.34%
Markit iBoxx USD Breakeven 10-Year Inflation Index Benchmark Index 1.02% 2.15% -1.09% 0.69%
Data as of 01/03/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
01/03/2021 106.9764 USD 395m USD
26/02/2021 107.1625 USD 396m USD
25/02/2021 107.1138 USD 396m USD
24/02/2021 107.1914 USD 396m USD
23/02/2021 106.9622 USD 395m USD

Dividend History

This fund does not distribute any dividend.


This ETF uses synthetic replication to track the performance of the index. As such, the holdings of the ETF may vary from that of the benchmark index.
You can read more about our approach to replication in our pragmatic guide to replication.

Name Currency Weight
TII 0 1/8 01/15/30 USD 27.99%
TII 0 1/8 07/15/30 USD 27.89%
TII 0 1/4 07/15/29 USD 20.07%
TII 0 7/8 01/15/29 USD 12.16%
TII 0 3/4 07/15/28 USD 7.4%
T 2 3/8 05/15/29 USD -6.98%
T 1 5/8 08/15/29 USD -7.97%
T 1 3/4 11/15/29 USD -23.78%
T 0 5/8 05/15/30 USD -26.78%
T 1 1/2 02/15/30 USD -26.93%
Name Listing Currency Quantity Weight
T 3 3/8 11/15/48 USD 411,351 13.09%
T 2 3/4 02/15/28 USD 459,146 12.9%
T 3 1/8 11/15/28 USD 329,938 9.6%
T 2 3/8 11/15/49 USD 325,852 8.59%
T 3 05/15/47 USD 239,321 7.09%
T 2 7/8 11/15/46 USD 202,935 5.86%
T 3 3/8 05/15/44 USD 132,954 4.15%
T 1 7/8 07/31/26 USD 148,230 3.97%
T 3 1/8 11/15/41 USD 127,293 3.82%
T 3 05/15/42 USD 129,112 3.8%
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 26/02/2021

1 week moving average of counterparty risk level

Counterparty risk level at daily adjustment time

Swap Price Component

Although past performance is no indicator of future performance, you can get an estimation of the swap price component over the last 12 months by adding the TER to the realized Tracking Difference. the price of being long the index and short the basket of securities held by the ETF (ie. the spread applicable to the index performance provided by the swap counterparty) can be understood as the swap price component. The latter can be positive or negative, depending on the following factors: Read more

Lyxor US$ 10Y Inflation Expectations UCITS ETF - Acc

1Y Tracking Difference -0.37%
Total Expense Ratio +0.25%
Swap price component estimation =-0.12%

Index Information

Full Name Markit iBoxx USD Breakeven 10-Year Inflation Index
Index Type Performance
Index Bloomberg Ticker IBXXUBF1
Index Currency USD
Number of Index Components 13
Further Information


Coupon Rate (%) -1.17
Maturity (Years) 8.62
Convexity (%) 3.18
Data as of 26/02/2021

Index Composition Breakdown

Maturity Breakdown

5-7Y 4.5%
7-10Y 95.5%

Sector Breakdown

Government 100%

Ratings Breakdown

AA 100%

Currency Breakdown

USD 100%

Countries Breakdown

United States 100%
Data as of 26/02/2021, Source: Lyxor International Asset Management


Main Fund Characteristics

ISIN LU1390062831
Share Class Currency USD
Assets Under Management 395.2m USD
Total Expense Ratio 0.25%
Dividend Treatment Capitalisation
EU-SD Status In Scope
Fund Type SICAV
Domicile Luxembourg
Replication Method Indirect (Swap Based)
Umbrella AUM 46,884.9m USD
Portfolio Managers Raphaël Dieterlen, Sebastien Foy
Swap Counterparty Société Générale
Full Property of the Assets Yes
Financial Year End 31/12/2021
Inception Date 13/04/2016
Minimum Investment 1 Share

DISCLAIMER: This fund includes a risk of capital loss. Investors therefore may not recover all or part of their initial investment. The redemption value of this fund may be less than the amount initially invested. In a worst case scenario, investors could sustain the loss of their entire investment. Be sure to read carefully the Key Investor Information document, and the “risk factors” section of a fund’s performance to better understand the risks involved.

Trading Information

Exchange Ticker Bloomberg Listing Currency Currency Hedged Listing Date Dividend Policy ADV 3M ISIN Fund AUM in CCY
Euronext INFU FP EUR - 05/05/2016 Capitalisation 42,716EUR LU1390062831 328m EUR
Borsa Italiana INFU IM EUR - 31/01/2017 Capitalisation 336,742EUR LU1390062831 328m EUR
Xetra UINF GY EUR - 16/11/2016 Capitalisation 36,962EUR LU1390062831 328m EUR
SIX Swiss Ex INFU SW USD - 02/06/2017 Capitalisation 13,047USD LU1390062831 395m USD
LSE INFU LN USD - 17/05/2016 Capitalisation 238,837USD LU1390062831 395m USD
LSE INFG LN GBP - 17/05/2016 Capitalisation 4,141GBP LU1390062831 284m GBP
*Related Shareclasses

Market Makers

Flow Traders
Société Générale
Data provided by relevant exchanges

Passporting Information

Data as of 01/03/2021, Source: Lyxor International Asset Management



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