ETF · iShares
IBGS iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist)
ISIN IE00B14X4Q57London Stock Exchange: IBGSBlackRock, Inc.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£118.98
on
- Ongoing charge
- 0.20% a year
- Fund size
- £1.1bn
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, IBGS (iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist), ISIN IE00B14X4Q57) closed at £118.98 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 30/09/2026 its total return was +3.5%, or −19.1% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- −1.4%
- −4.5% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +6.7%
- −3.7% after inflation (UK CPIH)
- 5 years to 30/09/2026
- +3.5%
- −19.1% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,035 on 30/09/2026 — about £809 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) in pounds (price only, income paid out not included): 2022 +1.0%, 2023 +1.5%, 2024 −4.2%, 2025 +5.1%; 2026 to 30/09/2026 −3.9%. Returns of iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −3.5%; to 30/09/2025: +4.7%; to 30/09/2024: −1.7%; to 30/09/2023: −0.7%; to 30/09/2022: −1.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −3.9% | −6.6% | |
| +5.1% | +1.5% | ||
| −4.2% | −7.5% | ||
| +1.5% | −2.5% | ||
| +1.0% | −7.5% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −3.5% | Not available |
| from | +4.7% | +0.6% |
| from | −1.7% | −4.2% |
| from | −0.7% | −6.6% |
| from | −1.8% | −9.7% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
5.0%over 5 years
| 1 year | 3.9% |
|---|---|
| 3 years | 4.3% |
| 5 years | 5.0% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −5.1%
- From to
- Lowest 12-month return
- −8.2%
- 12 months to
- Highest 12-month return
- +6.3%
- 12 months to
- Below its highest weekly close since October 2021
- 5.1%
- High of , latest
In words: Volatility of iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) in pounds, annualised from weekly returns to 30/09/2026: 3.9% over 1 year, 4.3% over 3 years, 5.0% over 5 years. Largest fall in the price of iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) since October 2021, in pounds: −5.1% from 27/02/2026 to 30/09/2026. The lowest 12-month return of iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) in pounds (price only, income paid out not included) since January 2021 was −8.2% (12 months to 07/01/2022); the highest was +6.3% (12 months to 07/11/2025). On 30/09/2026 the price of iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) was 5.1% below its highest weekly close since October 2021 (27/02/2026), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.20%
- a year
- On £10,000
- £20
- a year, roughly
- Over five years
- £100
- of £10,000, before growth
- 196 charge less
- 24 the same
- 54 charge more
Ongoing charge of iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) 0.20% a year, as of 01/10/2026: 54 of the 274 other government bond funds charge more, 24 the same and 196 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) is an exchange-traded fund (ETF) from iShares, launched in 2006.
It tracks the Bloomberg Euro Aggregate Government (1-3 Y).
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.2% 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.
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
- IBGS
- ISIN
- IE00B14X4Q57
- Provider
- iShares
- Tracks
- Bloomberg Euro Aggregate Government (1-3 Y)
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.20% a year · about £20 on £10,000
- Fund size
- £1.1bn
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Since 31/07/2026, the closing price went from £120.53 on 31/07/2026 to £118.98 on 30/09/2026 (−1.3%). The lowest close shown was £118.98 on 30/09/2026 and the highest £121.29 on 04/09/2026.
Chart: closing prices we have recorded since 31/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS 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
What it holds
Top 9 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | ITALY (REPUBLIC OF) RegS | 26.46% |
| 2 | GERMANY (FEDERAL REPUBLIC OF) RegS | 25.14% |
| 3 | France (Republic Of) | 15.01% |
| 4 | FRANCE (REPUBLIC OF) RegS | 12.66% |
| 5 | Spain (Kingdom Of) | 12.04% |
| 6 | Germany (Federal Republic Of) | 6.89% |
| 7 | Blk Leaf Fund Agency Acc T0 | 0.94% |
| 8 | Italy (Republic Of) | 0.83% |
| 9 | GBP Cash | 0.02% |
Source: iShares, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By sector
- Treasury99.0%
- Cash and derivatives1.0%
By country
- Germany32.0%
- France27.7%
- Italy27.3%
- Spain12.0%
- Cash and derivatives1.0%
By type of asset
- Bonds99.0%
- Cash and money market1.0%
More ways to cut the portfolio
The fund's portfolio is also split by currency, maturity and credit quality.
Create a free account to see the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track Bloomberg Euro Aggregate Government (1-3 Y), this one included and share classes counted once; their ongoing charges range from 0.20% to 0.20% a year (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| iShares EUR Govt Bond 1-3 UCITS ETF EUR (ACC)Accumulating · 0.20% a year | −1.4% | +3.4% |
| iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist)This fundDistributing · 0.20% a year | −1.4% | +3.5% |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 248 rolling 12-month returns since January 2021, and of 144 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since October 2021, 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, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 30/09/2026 (146 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of IBGS?
The ongoing charge of IBGS 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 Govt Bond 1-3 UCITS ETF EUR (Dist) 0.20% a year, as of 01/10/2026: 54 of the 274 other government bond funds charge more, 24 the same and 196 less (share classes counted once).
What does IBGS track?
IBGS tracks the Bloomberg Euro Aggregate Government (1-3 Y).
Is IBGS accumulating or distributing?
IBGS 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 IBGS?
The ISIN of IBGS is IE00B14X4Q57. An ISIN identifies one exact share class of a fund; IBGS is its ticker on the London Stock Exchange.
What were IBGS’s returns in each of the last five years?
Calendar-year returns of IBGS in pounds (price only, income paid out not included): 2022 +1.0%, 2023 +1.5%, 2024 −4.2%, 2025 +5.1%; 2026 to 30/09/2026 −3.9%. Past performance is not a guide to future returns.
How has IBGS done after inflation?
Over the five years to 30/09/2026 IBGS’s total return was +3.5%, or −19.1% after UK CPIH inflation. Past performance is not a guide to future returns.
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- iShares, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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