# iShares USD Ultrashort Bond UCITS ETF (ERNU)

**Source:** https://fundology.uk/fund/ernu · ISIN IE00BCRY6227 · 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, ERNU (iShares USD Ultrashort Bond UCITS ETF, ISIN IE00BCRY6227) closed at £74.97 on the London Stock Exchange. Its ongoing charge is 0.09% a year (about £9 on £10,000). Over the five years to 30/09/2026 its total return was +24.4%, or −2.8% after UK CPIH inflation.

## Summary

iShares USD Ultrashort Bond UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2013. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.09% a year — about £9 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.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **£74.97** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | ERNU |
| ISIN | IE00BCRY6227 |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | iShares |
| Tracks | Markit iBoxx USD Liquid Investment Grade Ultrashort Index |
| Income | Distributing |
| Ongoing charge | 0.09% a year (£9 per £10,000) |
| Fund size | £342m |
| Launched | 2013 |
| 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 | +5.39% | +2.08% | income reinvested |
| 3 years | +6.51% | -3.88% | income reinvested |
| 5 years | +24.36% | -2.78% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of iShares USD Ultrashort Bond UCITS ETF 0.09% a year, as of 01/10/2026: 227 of the 280 other leveraged and inverse products charge more, 5 the same and 48 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.09%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.