# iShares EUR Corp Bond ex-Financials UCITS ETF (EEXF)

**Page:** https://fundology.uk/fund/eexf · ISIN IE00B4L5ZG21

## 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, EEXF (iShares EUR Corp Bond ex-Financials UCITS ETF, ISIN IE00B4L5ZG21) closed at £88.75 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 13/11/2026 its total return was −4.9%, or −25.8% after UK CPIH inflation.

## Summary

iShares EUR Corp Bond ex-Financials UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2009. It tracks the Bloomberg Euro Corporate ex Financial Bond Index - EUR - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 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.

Latest close: **£88.75** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | EEXF |
| ISIN | IE00B4L5ZG21 |
| Also listed as | EUNR (Xetra, euros) |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Bloomberg Euro Corporate ex Financial Bond Index - EUR - Benchmark TR Net |
| Income | Distributing |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £705m |
| Launched | 2009 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/05/2010 |

## 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 | -5.71% | -9.05% | income reinvested |
| 3 years | +6.34% | -3.92% | income reinvested |
| 5 years | -4.91% | -25.78% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares EUR Corp Bond ex-Financials UCITS ETF in pounds (price only, income paid out not included): 2022 −9.5%, 2023 +3.6%, 2024 −3.8%, 2025 +5.0%; 2026 to 13/11/2026 −7.3%. Returns of iShares EUR Corp Bond ex-Financials UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −6.1%; to 30/09/2025: +5.2%; to 30/09/2024: +2.3%; to 30/09/2023: −0.2%; to 30/09/2022: −13.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -9.5% | -17.1% | Price |
| 2023 | +3.6% | -0.5% | Price |
| 2024 | -3.8% | -7.1% | Price |
| 2025 | +5.0% | +1.4% | Price |
| 2026 to 13/11/2026 | -7.3% | -10.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.52% | -8.85% |
| 3 years | 5.02% | -8.85% |
| 5 years | 5.92% | -15.60% |

## Largest fall

Volatility of iShares EUR Corp Bond ex-Financials UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 5.5% over 1 year, 5.0% over 3 years, 5.9% over 5 years. Largest fall in the price of iShares EUR Corp Bond ex-Financials UCITS ETF since November 2021, in pounds: −15.6% from 10/12/2021 to 14/10/2022. The lowest 12-month return of iShares EUR Corp Bond ex-Financials UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −14.6% (12 months to 17/06/2022); the highest was +6.6% (12 months to 07/11/2025). On 13/11/2026 the price of iShares EUR Corp Bond ex-Financials UCITS ETF was 14.2% below its highest weekly close since November 2021 (10/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares EUR Corp Bond ex-Financials UCITS ETF 0.20% a year. Compared on 14/11/2026, 225 of the 427 other corporate and other bond funds charge more, 35 the same and 167 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** 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, EEXF holds 2,543 positions, according to its published holdings. The largest is Blk Leaf Fund Agency Acc T0 at 0.23% of the fund; the ten largest make up 1.5%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Blk Leaf Fund Agency Acc T0 | — | 0.23% |
| 2 | ANHEUSER-BUSCH INBEV NV MTN RegS 2.00% 17/03/2028 | — | 0.18% |
| 3 | ANHEUSER-BUSCH INBEV NV MTN RegS 2.75% 17/03/2036 | — | 0.15% |
| 4 | Amazon.Com Inc 3.70% 16/03/2035 | — | 0.14% |
| 5 | BP CAPITAL MARKETS PLC NC9 RegS 3.63% 31/12/2079 | — | 0.14% |
| 6 | Verizon Communications Inc 4.25% 15/08/2056 | — | 0.14% |
| 7 | Amazon.Com Inc 3.35% 16/03/2032 | — | 0.13% |
| 8 | Amazon.Com Inc 4.05% 16/03/2039 | — | 0.13% |
| 9 | Orange SA Mtn 8.13% 28/01/2033 | — | 0.13% |
| 10 | SANOFI SA MTN RegS 1.38% 21/03/2030 | — | 0.13% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Consumer Cyclical | 16.3% |
| Consumer Non-Cyclical | 12.9% |
| Communication Services | 11.9% |
| Health Care | 10.7% |
| Capital Goods | 9.9% |
| Electric | 9.4% |
| Transportation | 6.1% |
| Energy | 5.1% |
| Other sectors | 17.7% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| United States | 27.2% |
| France | 16.7% |
| Germany | 15.9% |
| United Kingdom | 10.2% |
| Italy | 5.0% |
| Spain | 4.3% |
| Switzerland | 3.6% |
| Netherlands | 3.1% |
| Other countries | 14.1% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.8% |
| Cash and money market | 0.2% |

All 2,544 holdings: https://fundology.uk/fund/eexf/holdings

## Questions people ask

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

The ongoing charge of EEXF is 0.20% a year — about £20 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 EUR Corp Bond ex-Financials UCITS ETF 0.20% a year. Compared on 14/11/2026, 225 of the 427 other corporate and other bond funds charge more, 35 the same and 167 less (share classes counted once).

**What does EEXF track?**

EEXF tracks the Bloomberg Euro Corporate ex Financial Bond Index - EUR - Benchmark TR Net.

**Is EEXF accumulating or distributing?**

EEXF 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 EEXF?**

The ISIN of EEXF is IE00B4L5ZG21. An ISIN identifies one exact share class of a fund; EEXF is its ticker on the London Stock Exchange. The same share class is also listed as EUNR (Xetra, euros).

**What does EEXF hold?**

As of 06/11/2026, EEXF holds 2,543 positions, according to its published holdings. The largest is Blk Leaf Fund Agency Acc T0 at 0.23% of the fund; the ten largest make up 1.5%. Its ten largest holdings are Blk Leaf Fund Agency Acc T0 (0.23%), ANHEUSER-BUSCH INBEV NV MTN RegS 2.00% 17/03/2028 (0.18%), ANHEUSER-BUSCH INBEV NV MTN RegS 2.75% 17/03/2036 (0.15%), Amazon.Com Inc 3.70% 16/03/2035 (0.14%), BP CAPITAL MARKETS PLC NC9 RegS 3.63% 31/12/2079 (0.14%), Verizon Communications Inc 4.25% 15/08/2056 (0.14%), Amazon.Com Inc 3.35% 16/03/2032 (0.13%), Amazon.Com Inc 4.05% 16/03/2039 (0.13%), Orange SA Mtn 8.13% 28/01/2033 (0.13%) and SANOFI SA MTN RegS 1.38% 21/03/2030 (0.13%).

**What were EEXF’s returns in each of the last five years?**

Calendar-year returns of EEXF in pounds (price only, income paid out not included): 2022 −9.5%, 2023 +3.6%, 2024 −3.8%, 2025 +5.0%; 2026 to 13/11/2026 −7.3%. Past performance is not a guide to future returns.

**How has EEXF done after inflation?**

Over the five years to 13/11/2026 EEXF’s total return was −4.9%, or −25.8% 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/251729/ishares-euro-corporate-bond-exfinancials-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-corp-bond-ex-financials-ucits-etf-eur-dist-gb-ie00b4l5zg21-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/eexf-ishares-corp-bond-ex-financials-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.