ETF · iShares
CNYB iShares China CNY Bond UCITS ETF USD
ISIN IE00BYPC1H27London Stock Exchange: CNYBBlackRock, Inc.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£4.38
on
- Ongoing charge
- 0.35% a year
- Fund size
- £434m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, CNYB (iShares China CNY Bond UCITS ETF USD, ISIN IE00BYPC1H27) closed at £4.38 on the London Stock Exchange. Its ongoing charge is 0.35% a year (about £35 on £10,000). Over the five years to 13/11/2026 its total return was +17.7%, or −8.2% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +8.9%
- +5.0% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +14.0%
- +3.0% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +17.7%
- −8.2% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,177 on 13/11/2026 — about £918 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares China CNY Bond UCITS ETF USD in pounds (price only, income paid out not included): 2022 +3.3%, 2023 −6.6%, 2024 +5.7%, 2025 −5.6%; 2026 to 13/11/2026 +9.1%. Returns of iShares China CNY Bond UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +9.2%; to 30/09/2025: −1.8%; to 30/09/2024: −1.4%; to 30/09/2023: −10.3%; to 30/09/2022: +11.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +9.1% | +5.6% | |
| to | −5.6% | −8.8% | |
| to | +5.7% | +2.1% | |
| −6.6% | −10.3% | ||
| +3.3% | −5.4% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +9.2% | +5.3% |
| from | −1.8% | −5.6% |
| from | −1.4% | −3.9% |
| from | −10.3% | −15.7% |
| from | +11.4% | +2.4% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
7.2%over 5 years
| 1 year | 5.2% |
|---|---|
| 3 years | 6.0% |
| 5 years | 7.2% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −16.8%
- From to
- Lowest 12-month return
- −13.4%
- 12 months to
- Highest 12-month return
- +15.5%
- 12 months to
- Below its highest weekly close since November 2021
- 6.0%
- High of , latest
In words: Volatility of iShares China CNY Bond UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 5.2% over 1 year, 6.0% over 3 years, 7.2% over 5 years. Largest fall in the price of iShares China CNY Bond UCITS ETF USD since November 2021, in pounds: −16.8% from 23/09/2022 to 14/07/2023. The lowest 12-month return of iShares China CNY Bond UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −13.4% (12 months to 14/07/2023); the highest was +15.5% (12 months to 23/09/2022). On 13/11/2026 the price of iShares China CNY Bond UCITS ETF USD was 6.0% below its highest weekly close since November 2021 (23/09/2022), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.35%
- a year
- On £10,000
- £35
- a year, roughly
- Over five years
- £174
- of £10,000, before growth
- 285 charge less
- 0 the same
- 26 charge more
Ongoing charge of iShares China CNY Bond UCITS ETF USD 0.35% a year. Compared on 14/11/2026, 26 of the 311 other government bond funds charge more, 0 the same and 285 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares China CNY Bond UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2019.
It tracks the Bloomberg China Treasury + Policy Bank Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.35% a year — about £35 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.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- CNYB
- ISIN
- IE00BYPC1H27
- Also listed as
- ICGB (Xetra, euros)
- Provider
- iShares
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.35% a year · about £35 on £10,000
- Fund size
- £434m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Over the last year, the closing price went from £4.11 on 14/11/2025 to £4.38 on 13/11/2026 (+6.6%). The lowest close shown was £3.98 on 30/01/2026 and the highest £4.38 on 13/11/2026.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 103
- on record
- Ten largest
- 44.2%
- of the whole fund
- Effective number of holdings
- 34
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.1%
- China Peoples Republic of (Governm 1.61% 15/02/2035
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | China Peoples Republic of (Governm 1.61% 15/02/2035Treasury | 8.10% |
| 2 | China Peoples Republic of (Governm 1.49% 25/12/2031Treasury | 7.34% |
| 3 | China Peoples Republic of (Governm 1.45% 25/02/2028Treasury | 5.03% |
| 4 | China Peoples Republic of (Governm 1.43% 25/01/2030Treasury | 3.90% |
| 5 | China Development Bank 3.48% 08/01/2029Government Related | 3.89% |
| 6 | China Development Bank 3.07% 10/03/2030Government Related | 3.82% |
| 7 | China Development Bank 3.80% 25/01/2036Government Related | 3.70% |
| 8 | China Peoples Republic of (Governm 1.46% 25/05/2028Treasury | 2.82% |
| 9 | China Peoples Republic of (Governm 1.74% 15/10/2029Treasury | 2.80% |
| 10 | China Peoples Republic of (Governm 2.52% 25/08/2033Treasury | 2.78% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Treasury59.3%
- Government Related40.6%
- Cash and derivatives0.1%
By type of asset
- Bonds99.9%
- Cash and money market0.1%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 102 holdings; the ten largest make up 44.2% of it. The fund's portfolio is also split by currency, maturity and credit quality.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
5 funds track Bloomberg China Treasury + Policy Bank Index, this one included and share classes counted once; their ongoing charges range from 0.35% to 0.60% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| China Government Local Bond UCITS ETF Accum-ETFC- USDAccumulating · 0.60% a year | 0.60% | +9.5% | +4.7% | Not reported |
| China Government Local Bond UCITS ETF Accum-ETFCH- USDAccumulating · Currency hedged · 0.60% a year | 0.60% | +5.1% | Not reported | Not reported |
| China Government Local Bond UCITS ETF Accum-ETFSHGBP- GBPDistributing · Currency hedged · 0.60% a year | 0.60% | +6.4% | +8.3% | Not reported |
| iShares China CNY Bond UCITS ETF Hedged GBPDistributing · Currency hedged · 0.40% a year | 0.40% | +5.2% | +21.7% | +7.6% |
| iShares China CNY Bond UCITS ETF USDThis fundDistributing · 0.35% a year | 0.35% | +8.9% | +14.0% | +17.7% |
As of
Bloomberg China Treasury + Policy Bank funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of CNYB?
The ongoing charge of CNYB is 0.35% a year — about £35 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 China CNY Bond UCITS ETF USD 0.35% a year. Compared on 14/11/2026, 26 of the 311 other government bond funds charge more, 0 the same and 285 less (share classes counted once).
What does CNYB track?
CNYB tracks the Bloomberg China Treasury + Policy Bank Index.
Is CNYB accumulating or distributing?
CNYB 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 CNYB?
The ISIN of CNYB is IE00BYPC1H27. An ISIN identifies one exact share class of a fund; CNYB is its ticker on the London Stock Exchange. The same share class is also listed as ICGB (Xetra, euros).
What does CNYB hold?
As of 06/11/2026, CNYB holds 102 positions, according to its published holdings. The largest is China Peoples Republic of (Governm 1.61% 15/02/2035 at 8.10% of the fund; the ten largest make up 44.2%. Its ten largest holdings are China Peoples Republic of (Governm 1.61% 15/02/2035 (8.10%), China Peoples Republic of (Governm 1.49% 25/12/2031 (7.34%), China Peoples Republic of (Governm 1.45% 25/02/2028 (5.03%), China Peoples Republic of (Governm 1.43% 25/01/2030 (3.90%), China Development Bank 3.48% 08/01/2029 (3.89%), China Development Bank 3.07% 10/03/2030 (3.82%), China Development Bank 3.80% 25/01/2036 (3.70%), China Peoples Republic of (Governm 1.46% 25/05/2028 (2.82%), China Peoples Republic of (Governm 1.74% 15/10/2029 (2.80%) and China Peoples Republic of (Governm 2.52% 25/08/2033 (2.78%).
What were CNYB’s returns in each of the last five years?
Calendar-year returns of CNYB in pounds (price only, income paid out not included): 2022 +3.3%, 2023 −6.6%, 2024 +5.7%, 2025 −5.6%; 2026 to 13/11/2026 +9.1%. Past performance is not a guide to future returns.
How has CNYB done after inflation?
Over the five years to 13/11/2026 CNYB’s total return was +17.7%, or −8.2% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- CU71iShares USD Treasury Bond 3-7yr UCITS ETF0.07% a year · £6.1bn
- IBTAiShares USD Treasury Bond 1-3yr UCITS ETF Acc0.07% a year · £5.8bn
- SEGAiShares Core EUR Govt Bond UCITS ETF0.07% a year · £4.6bn
- SEMLiShares J.P. Morgan EM Local Govt Bond UCITS ETF0.50% a year · £4.1bn
- CBU0iShares USD Treasury Bond 7-10yr UCITS ETF USD (Acc) USD0.07% a year · £3.9bn
- VETAVanguard EUR Eurozone Government Bond UCITS ETF0.07% a year · £3.4bn
- IGLTiShares Core UK Gilts UCITS ETF0.07% a year · £3.4bn
- IBTMiShares USD Treasury Bond 7-10yr UCITS ETF0.07% a year · £3.0bn
Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.