# iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating) (DTLA) **Page:** https://fundology.uk/fund/dtla · ISIN IE00BFM6TC58 ## 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, DTLA (iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating), ISIN IE00BFM6TC58) closed at $4.36 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 −34.4%, or −48.8% after UK CPIH inflation. ## Summary iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating) is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the ICE BofA US Treasury Bond (20+ 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: **$4.36** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | DTLA | | ISIN | IE00BFM6TC58 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | ICE BofA US Treasury Bond (20+ Y) | | Income | Accumulating | | Ongoing charge | 0.07% a year (£7 per £10,000) | | Fund size | £2.6bn | | Launched | 2018 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 10/05/2018 | ## 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 | -5.56% | -8.91% | income reinvested | | 3 years | -2.67% | -12.06% | income reinvested | | 5 years | -34.45% | -48.83% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating) in pounds (price, with income reinvested in the fund): 2022 −21.9%, 2023 −3.8%, 2024 −5.6%, 2025 −3.7%; 2026 to 13/11/2026 −3.5%. Returns of iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating) in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −8.2%; to 30/09/2025: −5.0%; to 30/09/2024: +5.5%; to 30/09/2023: −20.1%; to 30/09/2022: −10.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -21.9% | -28.5% | Price | | 2023 | -3.8% | -7.7% | Price | | 2024 | -5.6% | -8.8% | Price | | 2025 | -3.7% | -7.0% | Price | | 2026 to 13/11/2026 | -3.5% | -6.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 9.94% | -10.24% | | 3 years | 12.93% | -15.72% | | 5 years | 14.20% | -39.13% | ## Largest fall Volatility of iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating) in pounds, annualised from weekly returns to 13/11/2026: 9.9% over 1 year, 12.9% over 3 years, 14.2% over 5 years. Largest fall in the price of iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating) since November 2021, in pounds: −39.1% from 03/12/2021 to 23/05/2025. The lowest 12-month return of iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating) in pounds (price, with income reinvested in the fund) since January 2021 was −24.0% (12 months to 02/12/2022); the highest was +9.7% (12 months to 18/10/2024). On 13/11/2026 the price of iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating) was 37.2% 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 20+yr UCITS ETF USD (Accumulating) 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 5 funds track ICE BofA US Treasury Bond (20+ 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 IV PLC - iShares USD Treasury Bond 20+yr UCITS ETF Hedged EUR | 0.10% | -11.8% | -5.3% | -43.6% | | iShares IV PLC - iShares USD Treasury Bond 20+yr UCITS ETF Hedged GBP | 0.10% | -5.2% | +3.7% | -37.8% | | iShares USD Treasury Bond 20+yr UCITS ETF | 0.07% | -6.4% | -3.7% | -34.3% | | iShares USD Treasury Bond 20+yr UCITS ETF 1AccumHedged GBP | 0.10% | -5.2% | — | — | | iShares USD Treasury Bond 20+yr UCITS ETF USD (Accumulating) (this fund) | 0.07% | -5.6% | -2.7% | -34.4% | 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, DTLA holds 40 positions, according to its published holdings. The largest is Treasury Bond (Old) 5.00% 15/05/2056 at 4.11% of the fund; the ten largest make up 39.1%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Treasury Bond (Old) 5.00% 15/05/2056 | — | 4.11% | | 2 | Treasury Bond (Otr) 5.13% 15/08/2056 | — | 4.02% | | 3 | Treasury Bond 4.75% 15/05/2055 | — | 3.96% | | 4 | Treasury Bond 4.75% 15/08/2055 | — | 3.91% | | 5 | Treasury Bond (2OLD) 4.75% 15/02/2056 | — | 3.90% | | 6 | Treasury Bond 4.63% 15/11/2055 | — | 3.88% | | 7 | Treasury Bond 4.63% 15/05/2054 | — | 3.87% | | 8 | Treasury Bond 4.63% 15/02/2055 | — | 3.83% | | 9 | Treasury Bond 4.50% 15/11/2054 | — | 3.82% | | 10 | Treasury Bond 4.75% 15/11/2053 | — | 3.79% | All 41 holdings: https://fundology.uk/fund/dtla/holdings ## Questions people ask **What is the ongoing charge of DTLA?** The ongoing charge of DTLA 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 20+yr UCITS ETF USD (Accumulating) 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 DTLA track?** DTLA tracks the ICE BofA US Treasury Bond (20+ Y). **Is DTLA accumulating or distributing?** DTLA 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 DTLA?** The ISIN of DTLA is IE00BFM6TC58. An ISIN identifies one exact share class of a fund; DTLA is its ticker on the London Stock Exchange. **What does DTLA hold?** As of 06/11/2026, DTLA holds 40 positions, according to its published holdings. The largest is Treasury Bond (Old) 5.00% 15/05/2056 at 4.11% of the fund; the ten largest make up 39.1%. Its ten largest holdings are Treasury Bond (Old) 5.00% 15/05/2056 (4.11%), Treasury Bond (Otr) 5.13% 15/08/2056 (4.02%), Treasury Bond 4.75% 15/05/2055 (3.96%), Treasury Bond 4.75% 15/08/2055 (3.91%), Treasury Bond (2OLD) 4.75% 15/02/2056 (3.90%), Treasury Bond 4.63% 15/11/2055 (3.88%), Treasury Bond 4.63% 15/05/2054 (3.87%), Treasury Bond 4.63% 15/02/2055 (3.83%), Treasury Bond 4.50% 15/11/2054 (3.82%) and Treasury Bond 4.75% 15/11/2053 (3.79%). **What were DTLA’s returns in each of the last five years?** Calendar-year returns of DTLA in pounds (price, with income reinvested in the fund): 2022 −21.9%, 2023 −3.8%, 2024 −5.6%, 2025 −3.7%; 2026 to 13/11/2026 −3.5%. Past performance is not a guide to future returns. **How has DTLA done after inflation?** Over the five years to 13/11/2026 DTLA’s total return was −34.4%, or −48.8% 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/297191/ishares-treasury-bond-20+yr-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-treasury-bond-20yr-ucits-etf-usd-acc-gb-ie00bfm6tc58-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/dtla-ishares-treasury-bond-20yr-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.