# iShares USD Treasury Bond 3-7yr UCITS ETF GBP (CBUG) **Page:** https://fundology.uk/fund/cbug · ISIN IE00BJJPVP04 ## 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, CBUG (iShares USD Treasury Bond 3-7yr UCITS ETF GBP, ISIN IE00BJJPVP04) closed at £4.42 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 13/11/2026 its total return was −0.7%, or −22.5% after UK CPIH inflation. ## Summary iShares USD Treasury Bond 3-7yr UCITS ETF GBP is an exchange-traded fund (ETF) from iShares, launched in 2019. It tracks the ICE BofA US Treasury (3-7 Y). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.1% a year — about £10 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: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£4.42** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | CBUG | | ISIN | IE00BJJPVP04 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | ICE BofA US Treasury (3-7 Y) | | Income | Distributing | | Ongoing charge | 0.10% a year (£10 per £10,000) | | Fund size | £333m | | Launched | 2019 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 28/02/2019 | ## 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 | -0.38% | -3.91% | income reinvested | | 3 years | +11.90% | +1.09% | income reinvested | | 5 years | -0.68% | -22.47% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares USD Treasury Bond 3-7yr UCITS ETF GBP in pounds (price only, income paid out not included): 2022 −11.4%, 2023 +0.7%, 2024 −1.9%, 2025 +2.7%; 2026 to 13/11/2026 −5.2%. Returns of iShares USD Treasury Bond 3-7yr UCITS ETF GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.4%; to 30/09/2025: −0.7%; to 30/09/2024: +4.9%; to 30/09/2023: −2.8%; to 30/09/2022: −12.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -11.4% | -18.9% | Price | | 2023 | +0.7% | -3.3% | Price | | 2024 | -1.9% | -5.2% | Price | | 2025 | +2.7% | -0.8% | Price | | 2026 to 13/11/2026 | -5.2% | -8.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.31% | -6.98% | | 3 years | 4.98% | -6.98% | | 5 years | 5.37% | -15.87% | ## Largest fall Volatility of iShares USD Treasury Bond 3-7yr UCITS ETF GBP in pounds, annualised from weekly returns to 13/11/2026: 4.3% over 1 year, 5.0% over 3 years, 5.4% over 5 years. Largest fall in the price of iShares USD Treasury Bond 3-7yr UCITS ETF GBP since November 2021, in pounds: −15.9% from 17/12/2021 to 25/09/2026. The lowest 12-month return of iShares USD Treasury Bond 3-7yr UCITS ETF GBP in pounds (price only, income paid out not included) since January 2021 was −13.8% (12 months to 04/11/2022); the highest was +4.9% (12 months to 27/09/2024). On 13/11/2026 the price of iShares USD Treasury Bond 3-7yr UCITS ETF GBP was 15.1% below its highest weekly close since November 2021 (03/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares USD Treasury Bond 3-7yr UCITS ETF GBP 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 less (share classes counted once). ## Funds tracking the same index 3 funds track ICE BofA US Treasury (3-7 Y), this one included and share classes counted once; their ongoing charges range from 0.07% to 0.10% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares USD Treasury Bond 3-7yr UCITS ETF | 0.07% | -1.5% | +3.4% | +3.5% | | iShares USD Treasury Bond 3-7yr UCITS ETF Accum Hedged GBP | 0.10% | -0.4% | — | — | | iShares USD Treasury Bond 3-7yr UCITS ETF GBP (this fund) | 0.10% | -0.4% | +11.9% | -0.7% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.10%** 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, CBUG holds 87 positions, according to its published holdings. The largest is Treasury Note 4.00% 28/02/2030 at 2.13% of the fund; the ten largest make up 19.4%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Treasury Note 4.00% 28/02/2030 | — | 2.13% | | 2 | Treasury Note 3.88% 15/08/2033 | — | 2.02% | | 3 | Treasury Note 4.13% 15/11/2032 | — | 2.00% | | 4 | Treasury Note 0.88% 15/11/2030 | — | 1.93% | | 5 | Treasury Note 2.88% 15/05/2032 | — | 1.92% | | 6 | Treasury Note 1.25% 15/08/2031 | — | 1.91% | | 7 | Treasury Note 3.50% 15/02/2033 | — | 1.90% | | 8 | Treasury Note 1.38% 15/11/2031 | — | 1.88% | | 9 | Treasury Note 1.13% 15/02/2031 | — | 1.87% | | 10 | Treasury Note 1.63% 15/05/2031 | — | 1.86% | All 88 holdings: https://fundology.uk/fund/cbug/holdings ## Questions people ask **What is the ongoing charge of CBUG?** The ongoing charge of CBUG is 0.10% a year — about £10 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 Treasury Bond 3-7yr UCITS ETF GBP 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 less (share classes counted once). **What does CBUG track?** CBUG tracks the ICE BofA US Treasury (3-7 Y). **Is CBUG accumulating or distributing?** CBUG 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 CBUG?** The ISIN of CBUG is IE00BJJPVP04. An ISIN identifies one exact share class of a fund; CBUG is its ticker on the London Stock Exchange. **What does CBUG hold?** As of 06/11/2026, CBUG holds 87 positions, according to its published holdings. The largest is Treasury Note 4.00% 28/02/2030 at 2.13% of the fund; the ten largest make up 19.4%. Its ten largest holdings are Treasury Note 4.00% 28/02/2030 (2.13%), Treasury Note 3.88% 15/08/2033 (2.02%), Treasury Note 4.13% 15/11/2032 (2.00%), Treasury Note 0.88% 15/11/2030 (1.93%), Treasury Note 2.88% 15/05/2032 (1.92%), Treasury Note 1.25% 15/08/2031 (1.91%), Treasury Note 3.50% 15/02/2033 (1.90%), Treasury Note 1.38% 15/11/2031 (1.88%), Treasury Note 1.13% 15/02/2031 (1.87%) and Treasury Note 1.63% 15/05/2031 (1.86%). **What were CBUG’s returns in each of the last five years?** Calendar-year returns of CBUG in pounds (price only, income paid out not included): 2022 −11.4%, 2023 +0.7%, 2024 −1.9%, 2025 +2.7%; 2026 to 13/11/2026 −5.2%. Past performance is not a guide to future returns. **How has CBUG done after inflation?** Over the five years to 13/11/2026 CBUG’s total return was −0.7%, or −22.5% 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/307494/ishares-treasury-bond-3-7yr-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-treasury-bond-3-7yr-ucits-etf-gbp-hedged-dist-gb-ie00bjjpvp04-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/cbug-ishares-treasury-bond-3-7yr-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.