# Global Corporate Bond UCITS ETF USD (HCBU)

**Source:** https://fundology.uk/fund/hcbu · ISIN IE000EHRXW91 · 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 01/10/2026, HCBU (Global Corporate Bond UCITS ETF USD, ISIN IE000EHRXW91) closed at $11.68 on the London Stock Exchange. Its ongoing charge is 0.13% a year (about £13 on £10,000). Over the three years to 01/10/2026 its total return was −2.8%, or −12.3% after UK CPIH inflation.

## Summary

Global Corporate Bond UCITS ETF USD is an exchange-traded fund (ETF) from HSBC, launched in 2023. It tracks the Bloomberg Global Aggregate - Corporate. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.13% a year — about £13 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: **$11.68** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | HCBU |
| ISIN | IE000EHRXW91 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | HSBC |
| Tracks | Bloomberg Global Aggregate - Corporate |
| Income | Accumulating |
| Ongoing charge | 0.13% a year (£13 per £10,000) |
| Fund size | £24.4m |
| Launched | 2023 |
| Domicile | Ireland |

## Past returns (periods to 01/10/2026)

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 | +0.76% | -2.40% | income reinvested |
| 3 years | -2.78% | -12.27% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of Global Corporate Bond UCITS ETF USD 0.13% a year, as of 02/10/2026: 320 of the 392 other corporate and other bond funds charge more, 4 the same and 68 less (share classes counted once).

## Funds tracking the same index

3 funds track Bloomberg Global Aggregate - Corporate, this one included and share classes counted once; their ongoing charges range from 0.13% to 0.25% a year (01/10/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Global Corporate Bond UCITS ETF USD (this fund) | 0.13% | +0.8% | -2.8% | — |
| HSBC Global Funds ICAV - Global Corporate Bond UCITS ETF - GBP | 0.13% | +1.1% | +7.1% | — |
| iShares Global Corp Bond EUR Hedged UCITS ETF | 0.25% | -4.8% | +9.3% | -9.2% |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.13%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

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

The ongoing charge of HCBU is 0.13% a year — about £13 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 Global Corporate Bond UCITS ETF USD 0.13% a year, as of 02/10/2026: 320 of the 392 other corporate and other bond funds charge more, 4 the same and 68 less (share classes counted once).

**What does HCBU track?**

HCBU tracks the Bloomberg Global Aggregate - Corporate.

**Is HCBU accumulating or distributing?**

HCBU 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 HCBU?**

The ISIN of HCBU is IE000EHRXW91. An ISIN identifies one exact share class of a fund; HCBU is its ticker on the London Stock Exchange.

**How has HCBU done after inflation?**

Over the three years to 01/10/2026 HCBU’s total return was −2.8%, or −12.3% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.