# iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN (0A0A)

**Page:** https://fundology.uk/fund/0a0a · ISIN IE00BDDRDZ46

## 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, 0A0A (iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN, ISIN IE00BDDRDZ46) closed at MXN 1,003.69 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 +83.4%, or +43.1% after UK CPIH inflation.

## Summary

iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the Bloomberg US Floating Rate Notes (<5 Y). 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. It is currency-hedged to Mexican pesos, not to the pound: it aims to remove most of the effect of exchange-rate moves against Mexican pesos, so a holder who counts in pounds still has currency risk.

Latest close: **MXN 1,003.69** (13/11/2026). The close has not changed since 06/11/2026; this line may not have traded since then.

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0A0A |
| ISIN | IE00BDDRDZ46 |
| Category | Cash-like & short-term |
| Type | ETF |
| Provider | iShares |
| Tracks | Bloomberg US Floating Rate Notes (<5 Y) |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £509m |
| Launched | 2018 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 31/08/2018 |

## 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 | +5.35% | +1.61% | income reinvested |
| 3 years | +18.08% | +6.68% | income reinvested |
| 5 years | +83.37% | +43.13% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN in pounds (price, with income reinvested in the fund): 2021 +3.7%, 2022 +25.4%, 2023 +25.1%, 2024 −4.9%, 2025 +16.3%; 2026 to 13/11/2026 +4.2%. Returns of iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +10.6%; to 30/09/2025: +17.4%; to 30/09/2024: −7.9%; to 30/09/2023: +18.4%; to 30/09/2022: +32.4%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2021 | +3.7% | -1.1% | Price |
| 2022 | +25.4% | +14.8% | Price |
| 2023 | +25.1% | +20.1% | Price |
| 2024 | -4.9% | -8.1% | Price |
| 2025 | +16.3% | +12.3% | Price |
| 2026 to 13/11/2026 | +4.2% | +0.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 8.27% | -9.09% |
| 3 years | 9.77% | -17.93% |
| 5 years | 11.14% | -17.93% |

## Largest fall

Volatility of iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN in pounds, annualised from weekly returns to 13/11/2026: 8.3% over 1 year, 9.8% over 3 years, 11.1% over 5 years. Largest fall in the price of iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN since November 2021, in pounds: −17.9% from 12/04/2024 to 06/09/2024. The lowest 12-month return of iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN in pounds (price, with income reinvested in the fund) since November 2020 was −14.5% (12 months to 11/04/2025); the highest was +39.5% (12 months to 03/03/2023). On 13/11/2026 the price of iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN was 6.0% below its highest weekly close since November 2021 (18/09/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN 0.15% a year. Compared on 14/11/2026, 2 of the 43 other cash-like and short-term funds charge more, 2 the same and 39 less (share classes counted once).

## Funds tracking the same index

5 funds track Bloomberg US Floating Rate Notes (<5 Y), this one included and share classes counted once; their ongoing charges range from 0.10% to 0.15% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) | 0.12% | -2.8% | +6.3% | — |
| iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) | 0.12% | +4.3% | +16.5% | +23.2% |
| iShares USD Floating Rate Bond UCITS ETF Accum Hedged MXN (this fund) | 0.15% | +5.3% | +18.1% | +83.4% |
| iShares USD Floating Rate Bond UCITS ETF Unhedged USD | 0.10% | +3.0% | +7.2% | +27.2% |
| iShares USD Floating Rate Bond UCITS ETF USD | 0.10% | +3.9% | +8.3% | +26.7% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** per year
- 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, 0A0A holds 561 positions, according to its published holdings. The largest is European Bank for Reconstruction A Mtn 4.27% 20/02/2028 at 1.15% of the fund; the ten largest make up 9.0%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | European Bank for Reconstruction A Mtn 4.27% 20/02/2028 | — | 1.15% |
| 2 | European Bank for Reconstruction A Mtn 4.15% 16/02/2029 | — | 1.09% |
| 3 | International Bank for Reconstruct Mtn 4.37% 19/08/2027 | — | 1.01% |
| 4 | European Bank for Reconstruction A Mtn 4.34% 22/07/2030 | — | 0.90% |
| 5 | Inter-American Development Bank Mtn 4.15% 15/02/2029 | — | 0.81% |
| 6 | International Finance Corp Mtn 4.19% 28/08/2029 | — | 0.81% |
| 7 | Kommunalbanken As Mtn 144A 4.41% 03/03/2028 | — | 0.81% |
| 8 | International Bank for Reconstruct 4.23% 22/11/2028 | — | 0.80% |
| 9 | International Finance Corp Mtn 4.29% 28/08/2028 | — | 0.80% |
| 10 | Kommunalbanken As Mtn 144A 4.32% 09/04/2029 | — | 0.79% |

## Where it invests

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

### By sector

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

| Sector | Weight |
|---|---|
| Banking | 47.1% |
| Supranational | 20.2% |
| Consumer Cyclical | 8.4% |
| Owned No Guarantee | 6.2% |
| Insurance | 4.5% |
| Capital Goods | 3.0% |
| Health Care | 2.8% |
| Communication Services | 1.4% |
| Other sectors | 6.5% |

### By country

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

| Country | Weight |
|---|---|
| United States | 35.6% |
| Supranational | 19.6% |
| Australia | 7.7% |
| Canada | 5.7% |
| Japan | 5.5% |
| United Kingdom | 5.0% |
| South Korea | 3.8% |
| Germany | 2.7% |
| Other countries | 14.4% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.4% |
| Cash and money market | 0.6% |

The 560 holdings on record (of 561 reported): https://fundology.uk/fund/0a0a/holdings

## Questions people ask

**What is the ongoing charge of 0A0A?**

The ongoing charge of 0A0A 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 USD Floating Rate Bond UCITS ETF Accum Hedged MXN 0.15% a year. Compared on 14/11/2026, 2 of the 43 other cash-like and short-term funds charge more, 2 the same and 39 less (share classes counted once).

**What does 0A0A track?**

0A0A tracks the Bloomberg US Floating Rate Notes (<5 Y).

**Is 0A0A accumulating or distributing?**

0A0A is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of 0A0A?**

The ISIN of 0A0A is IE00BDDRDZ46. An ISIN identifies one exact share class of a fund; 0A0A is its ticker on the London Stock Exchange.

**What does 0A0A hold?**

As of 06/11/2026, 0A0A holds 561 positions, according to its published holdings. The largest is European Bank for Reconstruction A Mtn 4.27% 20/02/2028 at 1.15% of the fund; the ten largest make up 9.0%. Its ten largest holdings are European Bank for Reconstruction A Mtn 4.27% 20/02/2028 (1.15%), European Bank for Reconstruction A Mtn 4.15% 16/02/2029 (1.09%), International Bank for Reconstruct Mtn 4.37% 19/08/2027 (1.01%), European Bank for Reconstruction A Mtn 4.34% 22/07/2030 (0.90%), Inter-American Development Bank Mtn 4.15% 15/02/2029 (0.81%), International Finance Corp Mtn 4.19% 28/08/2029 (0.81%), Kommunalbanken As Mtn 144A 4.41% 03/03/2028 (0.81%), International Bank for Reconstruct 4.23% 22/11/2028 (0.80%), International Finance Corp Mtn 4.29% 28/08/2028 (0.80%) and Kommunalbanken As Mtn 144A 4.32% 09/04/2029 (0.79%).

**What were 0A0A’s returns in each of the last five years?**

Calendar-year returns of 0A0A in pounds (price, with income reinvested in the fund): 2021 +3.7%, 2022 +25.4%, 2023 +25.1%, 2024 −4.9%, 2025 +16.3%; 2026 to 13/11/2026 +4.2%. Past performance is not a guide to future returns.

**How has 0A0A done after inflation?**

Over the five years to 13/11/2026 0A0A’s total return was +83.4%, or +43.1% 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/304324/ishares-floating-rate-bond-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-floating-rate-bond-ucits-etf-mxn-hedged-acc-gb-ie00bddrdz46-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/frmxnx-ishares-floating-rate-bond-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.