# iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD (IBTU)

**Page:** https://fundology.uk/fund/ibtu · ISIN IE00BGR7L912

## 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, IBTU (iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD, ISIN IE00BGR7L912) closed at $4.96 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the five years to 13/11/2026 its total return was +21.5%, or −5.2% after UK CPIH inflation.

## Summary

iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD is an exchange-traded fund (ETF) from iShares, launched in 2019. It tracks the ICE US Treasury Short Bond Index. 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 paid out to holders as cash, usually a few times a year.

Latest close: **$4.96** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IBTU |
| ISIN | IE00BGR7L912 |
| Also listed as | IBCC (Xetra, euros) |
| Category | Cash-like & short-term |
| Type | ETF |
| Provider | iShares |
| Tracks | ICE US Treasury Short Bond Index |
| Income | Distributing |
| Ongoing charge | 0.07% a year (£7 per £10,000) |
| Fund size | £445m |
| Launched | 2019 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/02/2019 |

## 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 | +3.30% | -0.36% | income reinvested |
| 3 years | +5.59% | -4.61% | income reinvested |
| 5 years | +21.47% | -5.19% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD in pounds (price only, income paid out not included): 2022 +12.8%, 2023 −4.6%, 2024 +0.8%, 2025 −7.9%; 2026 to 13/11/2026 +0.9%. Returns of iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +1.0%; to 30/09/2025: −0.5%; to 30/09/2024: −9.7%; to 30/09/2023: −9.6%; to 30/09/2022: +22.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +12.8% | +3.3% | Price |
| 2023 | -4.6% | -8.4% | Price |
| 2024 | +0.8% | -2.7% | Price |
| 2025 | -7.9% | -11.1% | Price |
| 2026 to 13/11/2026 | +0.9% | -2.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.02% | -4.21% |
| 3 years | 7.01% | -11.95% |
| 5 years | 8.07% | -19.71% |

## Largest fall

Volatility of iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD in pounds, annualised from weekly returns to 13/11/2026: 6.0% over 1 year, 7.0% over 3 years, 8.1% over 5 years. Largest fall in the price of iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD since November 2021, in pounds: −19.7% from 30/09/2022 to 30/01/2026. The lowest 12-month return of iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD in pounds (price only, income paid out not included) since January 2021 was −10.0% (12 months to 30/01/2026); the highest was +24.0% (12 months to 21/10/2022). On 13/11/2026 the price of iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD was 17.3% below its highest weekly close since November 2021 (30/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD 0.07% a year. Compared on 14/11/2026, 32 of the 43 other cash-like and short-term funds charge more, 3 the same and 8 less (share classes counted once).

## Funds tracking the same index

3 funds track ICE US Treasury Short Bond Index, 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 $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD (this fund) | 0.07% | +3.3% | +5.6% | +21.5% |
| iShares $ Treasury Bond 0-1yr UCITS ETF USD (Accumulating) | 0.07% | +3.3% | +5.6% | +21.5% |
| iShares PLC - iShares USD Treasury Bond 0-1yr UCITS ETF AccumHedged MXN | 0.10% | +4.8% | +15.3% | +76.7% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.07%** per year (as of 13/11/2026)
- 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, IBTU holds 44 positions, according to its published holdings. The largest is Treasury Bill at 60.75% of the fund; the ten largest make up 85.1%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Treasury Bill | — | 60.75% |
| 2 | Blk Ics USD Liq Agency Dis | — | 9.81% |
| 3 | Treasury Note 1.25% 31/12/2026 | — | 2.73% |
| 4 | Treasury Note 4.25% 30/11/2026 | — | 2.52% |
| 5 | Treasury Note 3.88% 31/03/2027 | — | 1.80% |
| 6 | Treasury Note 1.88% 28/02/2027 | — | 1.67% |
| 7 | Treasury Note 4.50% 15/05/2027 | — | 1.60% |
| 8 | Treasury Note 4.13% 31/01/2027 | — | 1.49% |
| 9 | Treasury Note 3.75% 30/06/2027 | — | 1.36% |
| 10 | Treasury Note 1.25% 30/11/2026 | — | 1.35% |

## 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 |
|---|---|
| Cash and derivatives | 70.6% |
| Treasury | 29.4% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Cash and money market | 70.6% |
| Bonds | 29.4% |

All 45 holdings: https://fundology.uk/fund/ibtu/holdings

## Questions people ask

**What is the ongoing charge of IBTU?**

The ongoing charge of IBTU 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. Platform and dealing fees are charged separately. Ongoing charge of iShares $ Treasury Bond 0-1yr UCITS ETF Ptg Shs USD 0.07% a year. Compared on 14/11/2026, 32 of the 43 other cash-like and short-term funds charge more, 3 the same and 8 less (share classes counted once).

**What does IBTU track?**

IBTU tracks the ICE US Treasury Short Bond Index.

**Is IBTU accumulating or distributing?**

IBTU 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 IBTU?**

The ISIN of IBTU is IE00BGR7L912. An ISIN identifies one exact share class of a fund; IBTU is its ticker on the London Stock Exchange. The same share class is also listed as IBCC (Xetra, euros).

**What does IBTU hold?**

As of 06/11/2026, IBTU holds 44 positions, according to its published holdings. The largest is Treasury Bill at 60.75% of the fund; the ten largest make up 85.1%. Its ten largest holdings are Treasury Bill (60.75%), Blk Ics USD Liq Agency Dis (9.81%), Treasury Note 1.25% 31/12/2026 (2.73%), Treasury Note 4.25% 30/11/2026 (2.52%), Treasury Note 3.88% 31/03/2027 (1.80%), Treasury Note 1.88% 28/02/2027 (1.67%), Treasury Note 4.50% 15/05/2027 (1.60%), Treasury Note 4.13% 31/01/2027 (1.49%), Treasury Note 3.75% 30/06/2027 (1.36%) and Treasury Note 1.25% 30/11/2026 (1.35%).

**What were IBTU’s returns in each of the last five years?**

Calendar-year returns of IBTU in pounds (price only, income paid out not included): 2022 +12.8%, 2023 −4.6%, 2024 +0.8%, 2025 −7.9%; 2026 to 13/11/2026 +0.9%. Past performance is not a guide to future returns.

**How has IBTU done after inflation?**

Over the five years to 13/11/2026 IBTU’s total return was +21.5%, or −5.2% 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/307241/ishares-treasury-bond-0-1yr-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-treasury-bond-0-1yr-ucits-etf-usd-dist-gb-ie00bgr7l912-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/ibtu-ishares-treasury-bond-0-1yr-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.