# iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP (IBGT) **Page:** https://fundology.uk/fund/ibgt · ISIN IE000KN6U873 ## 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 13/11/2026, IBGT (iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP, ISIN IE000KN6U873) closed at £5.50 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the year to 13/11/2026 its total return was +1.9%, or −1.7% after UK CPIH inflation. ## Summary iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP is an exchange-traded fund (ETF) from iShares, launched in 2024. It tracks the ICE BofA US Treasury Bond (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 0.1% a year — about £10 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. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£5.50** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IBGT | | ISIN | IE000KN6U873 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | ICE BofA US Treasury Bond (1-3 Y) | | Income | Accumulating | | Ongoing charge | 0.10% a year (£10 per £10,000) | | Fund size | £184m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 26/03/2024 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +1.93% | -1.68% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP in pounds (price, with income reinvested in the fund): 2025 +5.0%; 2026 to 13/11/2026 +1.0%. Returns of iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +1.5%; to 30/09/2025: +3.8%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | +5.0% | +1.4% | Price | | 2026 to 13/11/2026 | +1.0% | -2.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 1.48% | -0.84% | ## Largest fall Volatility of iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP in pounds, annualised from weekly returns to 13/11/2026: 1.5% over 1 year. No fall of 2% or more in the price of iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP since March 2024, in pounds, to 13/11/2026. The lowest 12-month return of iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP in pounds (price, with income reinvested in the fund) since March 2024 was +1.5% (12 months to 09/10/2026); the highest was +6.2% (12 months to 18/04/2025). On 13/11/2026 the price of iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP was 0.5% below its highest weekly close since March 2024 (06/11/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 less (share classes counted once). ## Funds tracking the same index 4 funds track ICE BofA US Treasury Bond (1-3 Y), this one included and share classes counted once; their ongoing charges range from 0.07% to 0.10% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares USD Treasury Bond 1-3yr UCITS ETF | 0.10% | +1.9% | +12.4% | +8.7% | | iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP (this fund) | 0.10% | +1.9% | — | — | | iShares USD Treasury Bond 1-3yr UCITS ETF EUR Hedged Acc | 0.10% | -5.0% | +2.6% | -1.6% | | iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B | 0.07% | +0.7% | +3.5% | +12.4% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.10%** per year (as of 20/10/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 06/11/2026, IBGT holds 93 positions, according to its published holdings. The largest is Treasury Note 3.50% 31/01/2028 at 2.19% of the fund; the ten largest make up 14.7%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Treasury Note 3.50% 31/01/2028 | — | 2.19% | | 2 | Treasury Note 4.13% 31/10/2029 | — | 1.45% | | 3 | Treasury Note 3.50% 30/09/2029 | — | 1.43% | | 4 | Treasury Note 3.38% 30/11/2027 | — | 1.39% | | 5 | Treasury Note 3.38% 31/12/2027 | — | 1.39% | | 6 | Treasury Note 4.25% 30/06/2029 | — | 1.38% | | 7 | Treasury Note 4.50% 31/05/2029 | — | 1.37% | | 8 | Treasury Note 4.63% 30/04/2029 | — | 1.37% | | 9 | Treasury Note 3.88% 31/03/2028 | — | 1.36% | | 10 | Treasury Note 4.00% 31/05/2028 | — | 1.36% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By sector As published for the fund, as of 06/11/2026. | Sector | Weight | |---|---| | Treasury | 99.9% | | Cash and derivatives | 0.1% | ### By type of asset Added up from the fund’s published holdings, as of 06/11/2026. | Type of asset | Weight | |---|---| | Bonds | 99.9% | | Cash and money market | 0.1% | All 95 holdings: https://fundology.uk/fund/ibgt/holdings ## Questions people ask **What is the ongoing charge of IBGT?** The ongoing charge of IBGT is 0.10% a year — about £10 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 USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 less (share classes counted once). **What does IBGT track?** IBGT tracks the ICE BofA US Treasury Bond (1-3 Y). **Is IBGT accumulating or distributing?** IBGT 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 IBGT?** The ISIN of IBGT is IE000KN6U873. An ISIN identifies one exact share class of a fund; IBGT is its ticker on the London Stock Exchange. **What does IBGT hold?** As of 06/11/2026, IBGT holds 93 positions, according to its published holdings. The largest is Treasury Note 3.50% 31/01/2028 at 2.19% of the fund; the ten largest make up 14.7%. Its ten largest holdings are Treasury Note 3.50% 31/01/2028 (2.19%), Treasury Note 4.13% 31/10/2029 (1.45%), Treasury Note 3.50% 30/09/2029 (1.43%), Treasury Note 3.38% 30/11/2027 (1.39%), Treasury Note 3.38% 31/12/2027 (1.39%), Treasury Note 4.25% 30/06/2029 (1.38%), Treasury Note 4.50% 31/05/2029 (1.37%), Treasury Note 4.63% 30/04/2029 (1.37%), Treasury Note 3.88% 31/03/2028 (1.36%) and Treasury Note 4.00% 31/05/2028 (1.36%). **What were IBGT’s returns in each of the last five years?** Calendar-year returns of IBGT in pounds (price, with income reinvested in the fund): 2025 +5.0%; 2026 to 13/11/2026 +1.0%. Past performance is not a guide to future returns. **How has IBGT done after inflation?** Over the year to 13/11/2026 IBGT’s total return was +1.9%, or −1.7% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/336685/ishares-treasury-bond-1-3yr-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-treasury-bond-1-3yr-ucits-etf-gbp-hedged-acc-gb-ie000kn6u873-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/ibgt-ishares-treasury-bond-1-3yr-ucits-etf-fund-fact-sheet-en-gb.pdf) - Links checked 12/10/2026. --- 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.