# iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist (0Y3O)

**Page:** https://fundology.uk/fund/0y3o · ISIN IE00B988C465

## 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, 0Y3O (iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist, ISIN IE00B988C465) closed at CHF 64.73 on the London Stock Exchange. Its ongoing charge is 0.55% a year (about £55 on £10,000). Over the five years to 13/11/2026 its total return was +10.3%, or −13.9% after UK CPIH inflation.

## Summary

iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist is an exchange-traded fund (ETF) from iShares, launched in 2014. It tracks the Markit iBoxx Global Developed Markets Liquid High Yield Capped Hedged to CHF Index - CHF. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.55% a year — about £55 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. It is currency-hedged to Swiss francs, not to the pound: it aims to remove most of the effect of exchange-rate moves against Swiss francs, so a holder who counts in pounds still has currency risk.

Latest close: **CHF 64.73** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0Y3O |
| ISIN | IE00B988C465 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Markit iBoxx Global Developed Markets Liquid High Yield Capped Hedged to CHF Index - CHF |
| Income | Distributing |
| Ongoing charge | 0.55% a year (£55 per £10,000) |
| Fund size | £158m |
| Launched | 2014 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 11/04/2014 |

## 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 | -7.70% | -10.97% | income reinvested |
| 3 years | +8.25% | -2.20% | income reinvested |
| 5 years | +10.30% | -13.91% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist in pounds (price only, income paid out not included): 2022 −5.8%, 2023 +7.8%, 2024 −8.3%, 2025 +4.0%; 2026 to 13/11/2026 −12.4%. Returns of iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −12.5%; to 30/09/2025: +3.0%; to 30/09/2024: +2.2%; to 30/09/2023: −2.0%; to 30/09/2022: −4.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -5.8% | -13.8% | Price |
| 2023 | +7.8% | +3.5% | Price |
| 2024 | -8.3% | -11.4% | Price |
| 2025 | +4.0% | +0.4% | Price |
| 2026 to 13/11/2026 | -12.4% | -15.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.87% | -14.34% |
| 3 years | 7.57% | -16.71% |
| 5 years | 8.78% | -16.71% |

## Largest fall

Volatility of iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist in pounds, annualised from weekly returns to 13/11/2026: 6.9% over 1 year, 7.6% over 3 years, 8.8% over 5 years. Largest fall in the price of iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist since November 2021, in pounds: −16.7% from 29/12/2023 to 23/10/2026. The lowest 12-month return of iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist in pounds (price only, income paid out not included) since July 2021 was −14.1% (12 months to 13/11/2026); the highest was +6.4% (12 months to 11/07/2025). On 13/11/2026 the price of iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist was 16.4% below its highest weekly close since November 2021 (29/12/2023), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Global High Yield Corp Bond CHF Hedged UCITS ETF Dist 0.55% a year. Compared on 14/11/2026, 35 of the 427 other corporate and other bond funds charge more, 10 the same and 382 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.55%** 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, 0Y3O holds 1,794 positions, according to its published holdings. The largest is Blk Ics USD Liq Agency Dis at 1.61% of the fund; the ten largest make up 4.5%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Blk Ics USD Liq Agency Dis | — | 1.61% |
| 2 | Blk Leaf Fund Agency Acc T0 | — | 0.50% |
| 3 | Echostar Corp 6.75% 30/11/2030 | — | 0.37% |
| 4 | Cco Holdings LLC 4.50% 01/05/2032 | — | 0.33% |
| 5 | Meridian Arc Holdco LLC 144A 6.25% 30/04/2031 | — | 0.33% |
| 6 | Paramount Skydance Corp 144A 8.25% 15/10/2031 | — | 0.31% |
| 7 | Echostar Corp 10.75% 30/11/2029 | — | 0.28% |
| 8 | Softbank Group Corp 144A 9.25% 01/04/2032 | — | 0.27% |
| 9 | Softbank Group Corp 144A 9.75% 01/04/2034 | — | 0.27% |
| 10 | 1261229 Bc Ltd 144A 10.00% 15/04/2032 | — | 0.26% |

## 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 |
|---|---|
| Consumer Cyclical | 18.9% |
| Communication Services | 16.1% |
| Capital Goods | 9.7% |
| Energy | 7.6% |
| Health Care | 7.3% |
| Basic Industry | 5.7% |
| Consumer Non-Cyclical | 4.0% |
| Electric | 3.8% |
| Other sectors | 26.9% |

### By country

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

| Country | Weight |
|---|---|
| United States | 63.5% |
| France | 6.5% |
| United Kingdom | 6.4% |
| Germany | 4.0% |
| Italy | 3.7% |
| Canada | 2.6% |
| Cash and derivatives | 2.2% |
| Luxembourg | 1.9% |
| Other countries | 9.0% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Bonds | 97.8% |
| Cash and money market | 2.1% |
| Equity | 0.1% |

The 1,754 holdings on record (of 1,794 reported): https://fundology.uk/fund/0y3o/holdings

## Questions people ask

**What is the ongoing charge of 0Y3O?**

The ongoing charge of 0Y3O is 0.55% a year — about £55 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 Global High Yield Corp Bond CHF Hedged UCITS ETF Dist 0.55% a year. Compared on 14/11/2026, 35 of the 427 other corporate and other bond funds charge more, 10 the same and 382 less (share classes counted once).

**What does 0Y3O track?**

0Y3O tracks the Markit iBoxx Global Developed Markets Liquid High Yield Capped Hedged to CHF Index - CHF.

**Is 0Y3O accumulating or distributing?**

0Y3O 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 0Y3O?**

The ISIN of 0Y3O is IE00B988C465. An ISIN identifies one exact share class of a fund; 0Y3O is its ticker on the London Stock Exchange.

**What does 0Y3O hold?**

As of 06/11/2026, 0Y3O holds 1,794 positions, according to its published holdings. The largest is Blk Ics USD Liq Agency Dis at 1.61% of the fund; the ten largest make up 4.5%. Its ten largest holdings are Blk Ics USD Liq Agency Dis (1.61%), Blk Leaf Fund Agency Acc T0 (0.50%), Echostar Corp 6.75% 30/11/2030 (0.37%), Cco Holdings LLC 4.50% 01/05/2032 (0.33%), Meridian Arc Holdco LLC 144A 6.25% 30/04/2031 (0.33%), Paramount Skydance Corp 144A 8.25% 15/10/2031 (0.31%), Echostar Corp 10.75% 30/11/2029 (0.28%), Softbank Group Corp 144A 9.25% 01/04/2032 (0.27%), Softbank Group Corp 144A 9.75% 01/04/2034 (0.27%) and 1261229 Bc Ltd 144A 10.00% 15/04/2032 (0.26%).

**What were 0Y3O’s returns in each of the last five years?**

Calendar-year returns of 0Y3O in pounds (price only, income paid out not included): 2022 −5.8%, 2023 +7.8%, 2024 −8.3%, 2025 +4.0%; 2026 to 13/11/2026 −12.4%. Past performance is not a guide to future returns.

**How has 0Y3O done after inflation?**

Over the five years to 13/11/2026 0Y3O’s total return was +10.3%, or −13.9% 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/261622/ishares-global-high-yield-corp-bond-chf-hedged-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-global-high-yield-corp-bond-chf-hedged-ucits-etf-dist-gb-ie00b988c465-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/ghyc-ishares-global-high-yield-corp-bond-chf-hedged-ucits-etf-dist-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.