ETF · HSBC
HEGB Euro Government Bond UCITS ETF
ISIN IE00066KZ5B5London Stock Exchange: HEGBHSBC Holdings Plc
- Government bonds
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£8.25
on
- Ongoing charge
- 0.06% a year
- Fund size
- £84.6m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, HEGB (Euro Government Bond UCITS ETF, ISIN IE00066KZ5B5) closed at £8.25 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the year to 13/11/2026 its total return was −5.8%, or −9.1% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −5.8%
- −9.1% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of HSBC Global Funds ICAV - Euro Government Bond UCITS ETF in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −5.9%. Returns of HSBC Global Funds ICAV - Euro Government Bond UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −4.9%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −5.9% | −8.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −4.9% | −8.3% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
6.3%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since May 2025
- −9.1%
- From to
- Below its highest weekly close since May 2025
- 8.9%
- High of , latest
In words: Volatility of HSBC Global Funds ICAV - Euro Government Bond UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 6.3% over 1 year. Largest fall in the price of HSBC Global Funds ICAV - Euro Government Bond UCITS ETF since May 2025, in pounds: −9.1% from 27/02/2026 to 30/10/2026. On 13/11/2026 the price of HSBC Global Funds ICAV - Euro Government Bond UCITS ETF was 8.9% below its highest weekly close since May 2025 (27/02/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.06%
- a year
- On £10,000
- £6
- a year, roughly
- Over five years
- £30
- of £10,000, before growth
- 13 charge less
- 26 the same
- 272 charge more
Ongoing charge of HSBC Global Funds ICAV - Euro Government Bond UCITS ETF 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
HSBC Global Funds ICAV - Euro Government Bond UCITS ETF is an exchange-traded fund (ETF) from HSBC, launched in 2025.
It tracks the Bloomberg Euro Aggregate Treasury Index - EUR - Benchmark TR Gross.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.06% a year — about £6 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.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- HEGB
- ISIN
- IE00066KZ5B5
- Provider
- HSBC
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.06% a year · about £6 on £10,000
- Fund size
- £84.6m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Over the last year, the closing price went from £8.95 on 14/11/2025 to £8.25 on 13/11/2026 (−7.8%). The lowest close shown was £8.23 on 30/10/2026 and the highest £9.06 on 27/02/2026.
One close a week. Before 14/08/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
73 weekly closes, from 23/05/2025 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
Funds tracking the same index
3 funds track Bloomberg Euro Aggregate Treasury Index - EUR - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.06% to 0.07% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Euro Government Bond UCITS ETFThis fundAccumulating · 0.06% a year | 0.06% | −5.8% | Not reported | Not reported |
| Vanguard EUR Eurozone Government Bond UCITS ETFDistributing · 0.07% a year | 0.07% | −8.0% | Not reported | Not reported |
| Vanguard EUR Eurozone Government Bond UCITS ETFAccumulating · 0.07% a year | 0.07% | −7.4% | +2.1% | −15.3% |
As of
Bloomberg Euro Aggregate Treasury funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountLargest falls and recoveries
The 2 largest falls since May 2025, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of HEGB?
The ongoing charge of HEGB is 0.06% a year — about £6 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 HSBC Global Funds ICAV - Euro Government Bond UCITS ETF 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).
What does HEGB track?
HEGB tracks the Bloomberg Euro Aggregate Treasury Index - EUR - Benchmark TR Gross.
Is HEGB accumulating or distributing?
HEGB 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 HEGB?
The ISIN of HEGB is IE00066KZ5B5. An ISIN identifies one exact share class of a fund; HEGB is its ticker on the London Stock Exchange.
What were HEGB’s returns in each of the last five years?
Calendar-year returns of HEGB in pounds (price, with income reinvested in the fund): 2026 to 13/11/2026 −5.9%. Past performance is not a guide to future returns.
How has HEGB done after inflation?
Over the year to 13/11/2026 HEGB’s total return was −5.8%, or −9.1% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at HSBC Asset Management · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.