# iShares USD Intermediate Credit Bond UCITS ETF (ICBU)

**Source:** https://fundology.uk/fund/icbu · ISIN IE00BDQZ5152 · 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, ICBU (iShares USD Intermediate Credit Bond UCITS ETF, ISIN IE00BDQZ5152) closed at $4.70 on the London Stock Exchange. Its ongoing charge is 0.16% a year (about £16 on £10,000). Over the five years to 30/09/2026 its total return was +7.7%, or −15.8% after UK CPIH inflation.

## Summary

iShares USD Intermediate Credit Bond UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2017. It tracks the Bloomberg U.S. Intermediate Credit Index - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.16% a year — about £16 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: **$4.70** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | ICBU |
| ISIN | IE00BDQZ5152 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Bloomberg U.S. Intermediate Credit Index - Benchmark TR Net |
| Income | Distributing |
| Ongoing charge | 0.16% a year (£16 per £10,000) |
| Fund size | £398m |
| 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 | +0.78% | -2.38% | income reinvested |
| 3 years | +7.27% | -3.20% | income reinvested |
| 5 years | +7.68% | -15.82% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares USD Intermediate Credit Bond UCITS ETF in pounds (price only, income paid out not included): 2022 +0.1%, 2023 −1.9%, 2024 +1.1%, 2025 −4.1%; 2026 to 30/09/2026 −4.2%. Returns of iShares USD Intermediate Credit Bond UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.1%; to 30/09/2025: +0.3%; to 30/09/2024: −1.9%; to 30/09/2023: −9.3%; to 30/09/2022: +7.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +0.1% | -8.4% | Price |
| 2023 | -1.9% | -5.8% | Price |
| 2024 | +1.1% | -2.3% | Price |
| 2025 | -4.1% | -7.4% | Price |
| 2026 to 30/09/2026 | -4.2% | -6.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.23% | -7.30% |
| 3 years | 6.44% | -10.21% |
| 5 years | 7.38% | -15.20% |

## Largest fall

Volatility of iShares USD Intermediate Credit Bond UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 6.2% over 1 year, 6.4% over 3 years, 7.4% over 5 years. Largest fall in the price of iShares USD Intermediate Credit Bond UCITS ETF since October 2021, in pounds: −15.2% from 23/09/2022 to 21/08/2026. The lowest 12-month return of iShares USD Intermediate Credit Bond UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −11.0% (12 months to 14/07/2023); the highest was +7.5% (12 months to 23/09/2022). On 30/09/2026 the price of iShares USD Intermediate Credit Bond UCITS ETF was 14.7% below its highest weekly close since October 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares USD Intermediate Credit Bond UCITS ETF 0.16% a year, as of 01/10/2026: 268 of the 383 other corporate and other bond funds charge more, 12 the same and 103 less (share classes counted once).

## Funds tracking the same index

2 funds track Bloomberg U.S. Intermediate Credit Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.16% to 0.19% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares USD Intermediate Credit Bond UCITS ETF (this fund) | 0.16% | +0.8% | +7.3% | +7.7% |
| iShares USD Intermediate Credit Bond UCITS ETF Hedged GBP | 0.19% | -1.7% | — | — |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.16%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.