# iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) (IBGS) **Source:** https://fundology.uk/fund/ibgs · ISIN IE00B14X4Q57 · 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, 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. ## Summary 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. Latest close: **£118.98** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IBGS | | ISIN | IE00B14X4Q57 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg Euro Aggregate Government (1-3 Y) | | Income | Distributing | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £1.1bn | | Launched | 2006 | | 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 | -1.37% | -4.47% | income reinvested | | 3 years | +6.75% | -3.68% | income reinvested | | 5 years | +3.46% | -19.12% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 CPIH inflation | Measured as | |---|---|---|---| | 2022 | +1.0% | -7.5% | Price | | 2023 | +1.5% | -2.5% | Price | | 2024 | -4.2% | -7.5% | Price | | 2025 | +5.1% | +1.5% | Price | | 2026 to 30/09/2026 | -3.9% | -6.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.87% | -5.11% | | 3 years | 4.31% | -5.11% | | 5 years | 5.01% | -5.11% | ## Largest fall 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. ## Charges compared with similar funds 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). ## 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 | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares EUR Govt Bond 1-3 UCITS ETF EUR (ACC) | 0.20% | -1.4% | +6.7% | +3.4% | | iShares EUR Govt Bond 1-3 UCITS ETF EUR (Dist) (this fund) | 0.20% | -1.4% | +6.7% | +3.5% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.20%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | ITALY (REPUBLIC OF) RegS | 26.46% | | GERMANY (FEDERAL REPUBLIC OF) RegS | 25.14% | | France (Republic Of) | 15.01% | | FRANCE (REPUBLIC OF) RegS | 12.66% | | Spain (Kingdom Of) | 12.04% | | Germany (Federal Republic Of) | 6.89% | | Blk Leaf Fund Agency Acc T0 | 0.94% | | Italy (Republic Of) | 0.83% | | GBP Cash | 0.02% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector As published by iShares, as of 29/09/2026. | Sector | Weight | |---|---| | Treasury | 99.0% | | Cash and derivatives | 1.0% | ### By country As published by iShares, as of 29/09/2026. | Country | Weight | |---|---| | Germany | 32.0% | | France | 27.7% | | Italy | 27.3% | | Spain | 12.0% | | Cash and derivatives | 1.0% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Bonds | 99.0% | | Cash and money market | 1.0% | --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.