# iShares EUR Govt Bond 3-5 Year UCITS ETF (IBGX) **Source:** https://fundology.uk/fund/ibgx · ISIN IE00B1FZS681 · 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, IBGX (iShares EUR Govt Bond 3-5 Year UCITS ETF, ISIN IE00B1FZS681) closed at £133.69 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the five years to 30/09/2026 its total return was −4.2%, or −25.1% after UK CPIH inflation. ## Summary iShares EUR Govt Bond 3-5 Year UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2006. It tracks the Bloomberg Euro Government Bond (5+ Y). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 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: **£133.69** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IBGX | | ISIN | IE00B1FZS681 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg Euro Government Bond (5+ Y) | | Income | Distributing | | Ongoing charge | 0.15% a year (£15 per £10,000) | | Fund size | £1.3bn | | 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 | -3.48% | -6.51% | income reinvested | | 3 years | +5.81% | -4.52% | income reinvested | | 5 years | -4.25% | -25.15% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares EUR Govt Bond 3-5 Year UCITS ETF in pounds (price only, income paid out not included): 2022 −5.2%, 2023 +2.4%, 2024 −5.2%, 2025 +5.2%; 2026 to 30/09/2026 −4.8%. Returns of iShares EUR Govt Bond 3-5 Year UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.6%; to 30/09/2025: +4.1%; to 30/09/2024: +0.3%; to 30/09/2023: −1.9%; to 30/09/2022: −7.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -5.2% | -13.2% | Price | | 2023 | +2.4% | -1.7% | Price | | 2024 | -5.2% | -8.4% | Price | | 2025 | +5.2% | +1.5% | Price | | 2026 to 30/09/2026 | -4.8% | -7.5% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.21% | -6.97% | | 3 years | 4.67% | -6.97% | | 5 years | 5.42% | -10.72% | ## Largest fall Volatility of iShares EUR Govt Bond 3-5 Year UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 4.2% over 1 year, 4.7% over 3 years, 5.4% over 5 years. Largest fall in the price of iShares EUR Govt Bond 3-5 Year UCITS ETF since October 2021, in pounds: −10.7% from 05/11/2021 to 07/07/2023. The lowest 12-month return of iShares EUR Govt Bond 3-5 Year UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −9.1% (12 months to 15/04/2022); the highest was +6.6% (12 months to 07/11/2025). On 30/09/2026 the price of iShares EUR Govt Bond 3-5 Year UCITS ETF was 10.3% below its highest weekly close since October 2021 (05/11/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares EUR Govt Bond 3-5 Year UCITS ETF 0.15% a year, as of 01/10/2026: 100 of the 274 other government bond funds charge more, 24 the same and 150 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.15%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | GERMANY (FEDERAL REPUBLIC OF) RegS | 23.82% | | ITALY (REPUBLIC OF) RegS | 18.98% | | FRANCE (REPUBLIC OF) RegS | 15.72% | | France (Republic Of) | 15.26% | | Spain (Kingdom Of) | 9.74% | | Germany (Federal Republic Of) | 8.13% | | Italy (Republic Of) | 5.02% | | Netherlands (Kingdom Of) | 3.30% | | Blk Leaf Fund Agency Acc T0 | 0.03% | | GBP Cash | 0.01% | ## 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 | 100.0% | | Cash and derivatives | 0.0% | ### By country As published by iShares, as of 29/09/2026. | Country | Weight | |---|---| | Germany | 31.9% | | France | 31.0% | | Italy | 24.0% | | Spain | 9.7% | | Netherlands | 3.3% | | Cash and derivatives | 0.0% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Bonds | 100.0% | | Cash and money market | 0.0% | --- 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.