# iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B (CU31) **Source:** https://fundology.uk/fund/cu31 · ISIN IE00B3VWN179 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, CU31 (iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B, ISIN IE00B3VWN179) closed at £94.39 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the five years to 30/09/2026 its total return was +12.1%, or −12.4% after UK CPIH inflation. ## Summary iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B is an exchange-traded fund (ETF) from iShares, launched in 2009. It tracks the ICE BofA US Treasury Bond (1-3 Y). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.07% a year — about £7 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: **£94.39** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | CU31 | | ISIN | IE00B3VWN179 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | ICE BofA US Treasury Bond (1-3 Y) | | Income | Accumulating | | Ongoing charge | 0.07% a year (£7 per £10,000) | | Fund size | £380m | | Launched | 2009 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +3.16% | -0.08% | income reinvested | | 3 years | +3.87% | -6.27% | income reinvested | | 5 years | +12.07% | -12.39% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B in pounds (price, with income reinvested in the fund): 2022 +7.7%, 2023 −1.6%, 2024 +5.2%, 2025 −2.1%; 2026 to 30/09/2026 +2.5%. Returns of iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +2.7%; to 30/09/2025: +3.6%; to 30/09/2024: −2.7%; to 30/09/2023: −6.6%; to 30/09/2022: +16.6%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +7.7% | -1.4% | Price | | 2023 | -1.6% | -5.5% | Price | | 2024 | +5.2% | +1.6% | Price | | 2025 | -2.1% | -5.5% | Price | | 2026 to 30/09/2026 | +2.5% | -0.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.43% | -3.97% | | 3 years | 6.17% | -8.80% | | 5 years | 7.23% | -14.84% | ## Largest fall Volatility of iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B in pounds, annualised from weekly returns to 30/09/2026: 5.4% over 1 year, 6.2% over 3 years, 7.2% over 5 years. Largest fall in the price of iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B since October 2021, in pounds: −14.8% from 23/09/2022 to 14/07/2023. The lowest 12-month return of iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B in pounds (price, with income reinvested in the fund) since January 2021 was −8.9% (12 months to 14/07/2023); the highest was +18.7% (12 months to 23/09/2022). On 30/09/2026 the price of iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B was 5.0% below its highest weekly close since October 2021 (23/09/2022), in pounds. ## Charges compared with similar funds Ongoing charge of iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B 0.07% a year, as of 01/10/2026: 212 of the 274 other government bond funds charge more, 32 the same and 30 less (share classes counted once). ## Funds tracking the same index 4 funds track ICE BofA US Treasury Bond (1-3 Y), this one included and share classes counted once; their ongoing charges range from 0.07% to 0.10% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares USD Treasury Bond 1-3yr UCITS ETF | 0.10% | -2.3% | +5.5% | -0.9% | | iShares USD Treasury Bond 1-3yr UCITS ETF | 0.10% | +1.6% | +12.1% | +7.7% | | iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP | 0.10% | +1.6% | — | — | | iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B (this fund) | 0.07% | +3.2% | +3.9% | +12.1% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.07%** per year - ISA eligible: yes - SIPP eligible: yes --- 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.