# iShares USD Treasury Bond 1-3yr UCITS ETF (IBTA) **Source:** https://fundology.uk/fund/ibta · ISIN IE00BYXPSP02 · 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, IBTA (iShares USD Treasury Bond 1-3yr UCITS ETF, ISIN IE00BYXPSP02) closed at $5.94 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the five years to 30/09/2026 its total return was +11.1%, or −13.2% after UK CPIH inflation. ## Summary iShares USD Treasury Bond 1-3yr UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2017. 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 0.07% a year — about £7 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. Latest close: **$5.94** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IBTA | | ISIN | IE00BYXPSP02 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | ICE BofA US Treasury Bond (1-3 Y) | | Income | Accumulating | | Ongoing charge | 0.07% a year (£7 per £10,000) | | Fund size | £4.3bn | | Launched | 2017 | | 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 | +2.85% | -0.37% | income reinvested | | 3 years | +3.98% | -6.17% | income reinvested | | 5 years | +11.08% | -13.16% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares USD Treasury Bond 1-3yr UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +7.9%, 2023 −1.5%, 2024 +5.3%, 2025 −2.2%; 2026 to 30/09/2026 +2.2%. Returns of iShares USD Treasury Bond 1-3yr UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +2.2%; to 30/09/2025: +4.1%; to 30/09/2024: −2.3%; to 30/09/2023: −7.8%; to 30/09/2022: +17.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +7.9% | -1.2% | Price | | 2023 | -1.5% | -5.4% | Price | | 2024 | +5.3% | +1.7% | Price | | 2025 | -2.2% | -5.5% | Price | | 2026 to 30/09/2026 | +2.2% | -0.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.69% | -4.32% | | 3 years | 6.05% | -8.82% | | 5 years | 7.34% | -14.02% | ## Largest fall Volatility of iShares USD Treasury Bond 1-3yr UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 5.7% over 1 year, 6.0% over 3 years, 7.3% over 5 years. Largest fall in the price of iShares USD Treasury Bond 1-3yr UCITS ETF since October 2021, in pounds: −14.0% from 30/09/2022 to 14/07/2023. The lowest 12-month return of iShares USD Treasury Bond 1-3yr UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −9.1% (12 months to 14/07/2023); the highest was +18.2% (12 months to 21/10/2022). On 30/09/2026 the price of iShares USD Treasury Bond 1-3yr UCITS ETF was 4.1% below its highest weekly close since October 2021 (30/09/2022), in pounds. ## Charges compared with similar funds Ongoing charge of iShares USD Treasury Bond 1-3yr UCITS ETF 0.07% a year, as of 01/10/2026: 212 of the 274 other government bond funds charge more, 32 the same and 30 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 (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares USD Treasury Bond 1-3yr UCITS ETF | 0.10% | -2.3% | +5.5% | -0.9% | | iShares USD Treasury Bond 1-3yr UCITS ETF | 0.10% | +1.6% | +12.1% | +7.7% | | iShares USD Treasury Bond 1-3yr UCITS ETF (this fund) | 0.07% | +2.9% | +4.0% | +11.1% | | iShares USD Treasury Bond 1-3yr UCITS ETF AccumHedged GBP | 0.10% | +1.6% | — | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.07%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Treasury Note | 95.01% | | Treasury Note (2OLD) | 2.51% | | Treasury Note (Old) | 2.45% | | Blk Ics USD Liq Agency Dis | 0.04% | | GBP Cash | 0.03% | | CHF 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 | 99.9% | | Cash and derivatives | 0.1% | ### 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 | 0.1% | --- 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.