# iShares EUR Govt Bond 20 Year Target Duration UCITS ETF (020Y)

**Page:** https://fundology.uk/fund/020y · ISIN IE00BSKRJX20

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, 020Y (iShares EUR Govt Bond 20 Year Target Duration UCITS ETF, ISIN IE00BSKRJX20) closed at €2.95 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 13/11/2026 its total return was −47.0%, or −58.6% after UK CPIH inflation.

## Summary

iShares EUR Govt Bond 20 Year Target Duration UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2015. It tracks the Markit iBoxx EUR Eurozone 20yr Target Duration Total Return Index - EUR. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **€2.95** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 020Y |
| ISIN | IE00BSKRJX20 |
| Also listed as | IS05 (Xetra, euros) |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Markit iBoxx EUR Eurozone 20yr Target Duration Total Return Index - EUR |
| Income | Distributing |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £134m |
| Launched | 2015 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 20/01/2015 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -12.59% | -15.68% | income reinvested |
| 3 years | -10.98% | -19.57% | income reinvested |
| 5 years | -46.98% | -58.62% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares EUR Govt Bond 20 Year Target Duration UCITS ETF in pounds (price only, income paid out not included): 2022 −33.2%, 2023 +3.3%, 2024 −12.8%, 2025 −9.3%; 2026 to 13/11/2026 −10.8%. Returns of iShares EUR Govt Bond 20 Year Target Duration UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −15.0%; to 30/09/2025: −9.2%; to 30/09/2024: +6.6%; to 30/09/2023: −14.9%; to 30/09/2022: −31.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -33.2% | -38.8% | Price |
| 2023 | +3.3% | -0.8% | Price |
| 2024 | -12.8% | -15.8% | Price |
| 2025 | -9.3% | -12.4% | Price |
| 2026 to 13/11/2026 | -10.8% | -13.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 10.60% | -17.17% |
| 3 years | 11.88% | -30.41% |
| 5 years | 14.81% | -54.23% |

## Largest fall

Volatility of iShares EUR Govt Bond 20 Year Target Duration UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 10.6% over 1 year, 11.9% over 3 years, 14.8% over 5 years. Largest fall in the price of iShares EUR Govt Bond 20 Year Target Duration UCITS ETF since November 2021, in pounds: −54.2% from 10/12/2021 to 13/11/2026. The lowest 12-month return of iShares EUR Govt Bond 20 Year Target Duration UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −35.5% (12 months to 14/10/2022); the highest was +9.1% (12 months to 04/10/2024). On 13/11/2026 the price of iShares EUR Govt Bond 20 Year Target Duration UCITS ETF was 54.2% below its highest weekly close since November 2021 (10/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares EUR Govt Bond 20 Year Target Duration UCITS ETF 0.15% a year. Compared on 14/11/2026, 117 of the 311 other government bond funds charge more, 28 the same and 166 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** per year (as of 30/10/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, 020Y holds 49 positions, according to its published holdings. The largest is GERMANY (FEDERAL REPUBLIC OF) RegS 1.80% 15/08/2053 at 11.12% of the fund; the ten largest make up 61.1%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | GERMANY (FEDERAL REPUBLIC OF) RegS 1.80% 15/08/2053 | — | 11.12% |
| 2 | France (Republic Of) 0.75% 25/05/2052 | — | 10.74% |
| 3 | France (Republic Of) 0.75% 25/05/2053 | — | 10.35% |
| 4 | France (Republic Of) 1.75% 25/05/2066 | — | 6.77% |
| 5 | Austria (Republic Of) 0.75% 20/03/2051 | — | 4.73% |
| 6 | Belgium Kingdom of (Government) 2.15% 22/06/2066 | — | 3.93% |
| 7 | GERMANY (FEDERAL REPUBLIC OF) RegS 2.90% 15/08/2056 | — | 3.89% |
| 8 | GERMANY (FEDERAL REPUBLIC OF) RegS 1.25% 15/08/2048 | — | 3.48% |
| 9 | GERMANY (FEDERAL REPUBLIC OF) RegS 0.00% 15/08/2050 | — | 3.10% |
| 10 | GERMANY (FEDERAL REPUBLIC OF) RegS 2.50% 15/08/2054 | — | 2.99% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| France | 46.9% |
| Germany | 26.5% |
| Belgium | 9.9% |
| Austria | 9.8% |
| Netherlands | 4.0% |
| Finland | 1.7% |
| Ireland | 1.2% |

The 48 holdings on record (of 49 reported): https://fundology.uk/fund/020y/holdings

## Questions people ask

**What is the ongoing charge of 020Y?**

The ongoing charge of 020Y is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares EUR Govt Bond 20 Year Target Duration UCITS ETF 0.15% a year. Compared on 14/11/2026, 117 of the 311 other government bond funds charge more, 28 the same and 166 less (share classes counted once).

**What does 020Y track?**

020Y tracks the Markit iBoxx EUR Eurozone 20yr Target Duration Total Return Index - EUR.

**Is 020Y accumulating or distributing?**

020Y is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

**What is the ISIN of 020Y?**

The ISIN of 020Y is IE00BSKRJX20. An ISIN identifies one exact share class of a fund; 020Y is its ticker on the London Stock Exchange. The same share class is also listed as IS05 (Xetra, euros).

**What does 020Y hold?**

As of 06/11/2026, 020Y holds 49 positions, according to its published holdings. The largest is GERMANY (FEDERAL REPUBLIC OF) RegS 1.80% 15/08/2053 at 11.12% of the fund; the ten largest make up 61.1%. Its ten largest holdings are GERMANY (FEDERAL REPUBLIC OF) RegS 1.80% 15/08/2053 (11.12%), France (Republic Of) 0.75% 25/05/2052 (10.74%), France (Republic Of) 0.75% 25/05/2053 (10.35%), France (Republic Of) 1.75% 25/05/2066 (6.77%), Austria (Republic Of) 0.75% 20/03/2051 (4.73%), Belgium Kingdom of (Government) 2.15% 22/06/2066 (3.93%), GERMANY (FEDERAL REPUBLIC OF) RegS 2.90% 15/08/2056 (3.89%), GERMANY (FEDERAL REPUBLIC OF) RegS 1.25% 15/08/2048 (3.48%), GERMANY (FEDERAL REPUBLIC OF) RegS 0.00% 15/08/2050 (3.10%) and GERMANY (FEDERAL REPUBLIC OF) RegS 2.50% 15/08/2054 (2.99%).

**What were 020Y’s returns in each of the last five years?**

Calendar-year returns of 020Y in pounds (price only, income paid out not included): 2022 −33.2%, 2023 +3.3%, 2024 −12.8%, 2025 −9.3%; 2026 to 13/11/2026 −10.8%. Past performance is not a guide to future returns.

**How has 020Y done after inflation?**

Over the five years to 13/11/2026 020Y’s total return was −47.0%, or −58.6% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/272122/ishares-euro-government-bond-20yr-target-duration-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-govt-bond-20yr-target-duration-ucits-etf-eur-dist-gb-ie00bskrjx20-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/e20y-ishares-govt-bond-20yr-target-duration-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.