# iShares USD Treasury Bond 3-7yr UCITS ETF (CU71)

**Page:** https://fundology.uk/fund/cu71 · ISIN IE00B3VWN393

## 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, CU71 (iShares USD Treasury Bond 3-7yr UCITS ETF, ISIN IE00B3VWN393) closed at £106.78 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the five years to 13/11/2026 its total return was +3.5%, or −19.2% after UK CPIH inflation.

## Summary

iShares USD Treasury Bond 3-7yr UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2009. 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 0.07% 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: **£106.78** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CU71 |
| ISIN | IE00B3VWN393 |
| Also listed as | CBU7 (London Stock Exchange, US dollars), SXRL (Xetra, US dollars) |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | ICE BofA US Treasury (3-7 Y) |
| Income | Accumulating |
| Ongoing charge | 0.07% a year (£7 per £10,000) |
| Fund size | £6.1bn |
| Launched | 2009 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/03/2010 |

## 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 | -1.55% | -5.03% | income reinvested |
| 3 years | +3.40% | -6.58% | income reinvested |
| 5 years | +3.54% | -19.18% | 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 in pounds (price, with income reinvested in the fund): 2022 +1.5%, 2023 −1.4%, 2024 +4.8%, 2025 −1.4%; 2026 to 13/11/2026 +0.6%. Returns of iShares USD Treasury Bond 3-7yr UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −0.1%; to 30/09/2025: +3.0%; to 30/09/2024: −0.6%; to 30/09/2023: −7.9%; to 30/09/2022: +8.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +1.5% | -7.1% | Price |
| 2023 | -1.4% | -5.4% | Price |
| 2024 | +4.8% | +1.2% | Price |
| 2025 | -1.4% | -4.8% | Price |
| 2026 to 13/11/2026 | +0.6% | -2.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.22% | -4.30% |
| 3 years | 6.40% | -7.31% |
| 5 years | 7.35% | -14.26% |

## Largest fall

Volatility of iShares USD Treasury Bond 3-7yr UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 5.2% over 1 year, 6.4% over 3 years, 7.4% over 5 years. Largest fall in the price of iShares USD Treasury Bond 3-7yr UCITS ETF since November 2021, in pounds: −14.3% from 23/09/2022 to 14/07/2023. The lowest 12-month return of iShares USD Treasury Bond 3-7yr UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −10.5% (12 months to 14/07/2023); the highest was +11.0% (12 months to 23/09/2022). On 13/11/2026 the price of iShares USD Treasury Bond 3-7yr UCITS ETF was 6.0% below its highest weekly close since November 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares USD Treasury Bond 3-7yr UCITS ETF 0.07% a year. Compared on 14/11/2026, 241 of the 311 other government bond funds charge more, 30 the same and 40 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 (this fund) | 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 | 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): **0.07%** 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, CU71 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/cu71/holdings

## Questions people ask

**What is the ongoing charge of CU71?**

The ongoing charge of CU71 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. Platform and dealing fees are charged separately. Ongoing charge of iShares USD Treasury Bond 3-7yr UCITS ETF 0.07% a year. Compared on 14/11/2026, 241 of the 311 other government bond funds charge more, 30 the same and 40 less (share classes counted once).

**What does CU71 track?**

CU71 tracks the ICE BofA US Treasury (3-7 Y).

**Is CU71 accumulating or distributing?**

CU71 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 CU71?**

The ISIN of CU71 is IE00B3VWN393. An ISIN identifies one exact share class of a fund; CU71 is its ticker on the London Stock Exchange. The same share class is also listed as CBU7 (London Stock Exchange, US dollars) and SXRL (Xetra, US dollars).

**What does CU71 hold?**

As of 06/11/2026, CU71 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 CU71’s returns in each of the last five years?**

Calendar-year returns of CU71 in pounds (price, with income reinvested in the fund): 2022 +1.5%, 2023 −1.4%, 2024 +4.8%, 2025 −1.4%; 2026 to 13/11/2026 +0.6%. Past performance is not a guide to future returns.

**How has CU71 done after inflation?**

Over the five years to 13/11/2026 CU71’s total return was +3.5%, or −19.2% 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/253744/ishares-usd-government-bond-37-ucits-etf-acc-fund)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-treasury-bond-3-7yr-ucits-etf-usd-acc-gb-ie00b3vwn393-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/csbgu7-ishares-treasury-bond-3-7yr-ucits-etf-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.