# iShares USD TIPS UCITS ETF Acc (0TPE) **Page:** https://fundology.uk/fund/0tpe · ISIN IE00BDZVH966 ## 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, 0TPE (iShares USD TIPS UCITS ETF Acc, ISIN IE00BDZVH966) closed at €5.24 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was −14.2%, or −33.0% after UK CPIH inflation. ## Summary iShares USD TIPS UCITS ETF Acc is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the Bloomberg US Govt Inflation-Linked. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.12% a year — about £12 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. Latest close: **€5.24** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0TPE | | ISIN | IE00BDZVH966 | | Also listed as | IBC5 (Xetra, euros) | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg US Govt Inflation-Linked | | Income | Accumulating | | Ongoing charge | 0.12% a year (£12 per £10,000) | | Fund size | £486m | | Launched | 2018 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/03/2018 | ## 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 | -7.86% | -11.12% | income reinvested | | 3 years | +1.69% | -8.13% | income reinvested | | 5 years | -14.23% | -33.05% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares USD TIPS UCITS ETF Acc in pounds (price, with income reinvested in the fund): 2022 −9.1%, 2023 −0.6%, 2024 −4.5%, 2025 +9.7%; 2026 to 13/11/2026 −6.7%. Returns of iShares USD TIPS UCITS ETF Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −5.9%; to 30/09/2025: +6.4%; to 30/09/2024: +3.4%; to 30/09/2023: −3.6%; to 30/09/2022: −10.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -9.1% | -16.8% | Price | | 2023 | -0.6% | -4.6% | Price | | 2024 | -4.5% | -7.8% | Price | | 2025 | +9.7% | +5.9% | Price | | 2026 to 13/11/2026 | -6.7% | -9.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.56% | -8.67% | | 3 years | 5.97% | -8.67% | | 5 years | 7.11% | -17.39% | ## Largest fall Volatility of iShares USD TIPS UCITS ETF Acc in pounds, annualised from weekly returns to 13/11/2026: 4.6% over 1 year, 6.0% over 3 years, 7.1% over 5 years. Largest fall in the price of iShares USD TIPS UCITS ETF Acc since November 2021, in pounds: −16.5% from 03/12/2021 to 06/10/2023. The lowest 12-month return of iShares USD TIPS UCITS ETF Acc in pounds (price, with income reinvested in the fund) since November 2020 was −13.7% (12 months to 04/11/2022); the highest was +11.2% (12 months to 14/11/2025). On 13/11/2026 the price of iShares USD TIPS UCITS ETF Acc was 13.5% below its highest weekly close since November 2021 (03/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares USD TIPS UCITS ETF Acc 0.12% a year. Compared on 14/11/2026, 159 of the 311 other government bond funds charge more, 20 the same and 132 less (share classes counted once). ## Funds tracking the same index 8 funds track Bloomberg US Govt Inflation-Linked, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.17% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares USD TIPS UCITS ETF | 0.10% | -2.3% | +2.9% | -1.3% | | iShares USD TIPS UCITS ETF Acc (this fund) | 0.12% | -7.9% | +1.7% | -14.2% | | iShares USD TIPS UCITS ETF Accum- Hedge GBP | 0.12% | -1.1% | — | — | | iShares USD TIPS UCITS ETF GBP Hedged Dist | 0.12% | -1.1% | +11.3% | -5.6% | | Multi Units Luxembourg SICAV - Amundi US TIPS -C-USD- Capitalisation | 0.09% | -2.2% | +2.4% | -2.1% | | Multi Units Luxembourg SICAV - Amundi US TIPS -Dist- Distribution | 0.09% | -2.5% | +4.5% | -2.3% | | State Street SPDR Bloomberg U.S. TIPS UCITS ETF Accum USD | 0.05% | — | — | — | | State Street SPDR Bloomberg U.S. TIPS UCITS ETF USD | 0.17% | -2.5% | +4.5% | -2.4% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.12%** per year (as of 13/11/2026) - 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, 0TPE holds 48 positions, according to its published holdings. The largest is Treasury (Cpi) Note 1.88% 15/07/2035 at 3.43% of the fund; the ten largest make up 31.8%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Treasury (Cpi) Note 1.88% 15/07/2035 | — | 3.43% | | 2 | Treasury (Cpi) Note 1.88% 15/01/2036 | — | 3.37% | | 3 | Treasury (Cpi) Note 2.13% 15/01/2035 | — | 3.33% | | 4 | Treasury (Cpi) Note 1.25% 15/04/2031 | — | 3.18% | | 5 | Treasury (Cpi) Note 0.13% 15/01/2032 | — | 3.13% | | 6 | Treasury (Cpi) Note 1.75% 15/01/2034 | — | 3.12% | | 7 | Treasury (Cpi) Note 1.88% 15/07/2034 | — | 3.12% | | 8 | Treasury (Cpi) Note 0.50% 15/01/2028 | — | 3.10% | | 9 | Treasury (Cpi) Note 1.13% 15/10/2030 | — | 3.04% | | 10 | Treasury (Cpi) Note 0.13% 15/01/2030 | — | 3.00% | All 50 holdings: https://fundology.uk/fund/0tpe/holdings ## Questions people ask **What is the ongoing charge of 0TPE?** The ongoing charge of 0TPE is 0.12% a year — about £12 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 TIPS UCITS ETF Acc 0.12% a year. Compared on 14/11/2026, 159 of the 311 other government bond funds charge more, 20 the same and 132 less (share classes counted once). **What does 0TPE track?** 0TPE tracks the Bloomberg US Govt Inflation-Linked. **Is 0TPE accumulating or distributing?** 0TPE 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 0TPE?** The ISIN of 0TPE is IE00BDZVH966. An ISIN identifies one exact share class of a fund; 0TPE is its ticker on the London Stock Exchange. The same share class is also listed as IBC5 (Xetra, euros). **What does 0TPE hold?** As of 06/11/2026, 0TPE holds 48 positions, according to its published holdings. The largest is Treasury (Cpi) Note 1.88% 15/07/2035 at 3.43% of the fund; the ten largest make up 31.8%. Its ten largest holdings are Treasury (Cpi) Note 1.88% 15/07/2035 (3.43%), Treasury (Cpi) Note 1.88% 15/01/2036 (3.37%), Treasury (Cpi) Note 2.13% 15/01/2035 (3.33%), Treasury (Cpi) Note 1.25% 15/04/2031 (3.18%), Treasury (Cpi) Note 0.13% 15/01/2032 (3.13%), Treasury (Cpi) Note 1.75% 15/01/2034 (3.12%), Treasury (Cpi) Note 1.88% 15/07/2034 (3.12%), Treasury (Cpi) Note 0.50% 15/01/2028 (3.10%), Treasury (Cpi) Note 1.13% 15/10/2030 (3.04%) and Treasury (Cpi) Note 0.13% 15/01/2030 (3.00%). **What were 0TPE’s returns in each of the last five years?** Calendar-year returns of 0TPE in pounds (price, with income reinvested in the fund): 2022 −9.1%, 2023 −0.6%, 2024 −4.5%, 2025 +9.7%; 2026 to 13/11/2026 −6.7%. Past performance is not a guide to future returns. **How has 0TPE done after inflation?** Over the five years to 13/11/2026 0TPE’s total return was −14.2%, or −33.0% 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/295696/ishares-tips-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-tips-ucits-etf-eur-hedged-acc-gb-ie00bdzvh966-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/itpe-ishares-tips-ucits-etf-fund-fact-sheet-en-gb.pdf) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.