# iShares III PLC - iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR (IEX5) **Source:** https://fundology.uk/fund/iex5 · ISIN IE00B4L5ZY03 · 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, IEX5 (iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR, ISIN IE00B4L5ZY03) closed at €103.96 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 30/09/2026 its total return was +1.8%, or −20.4% after UK CPIH inflation. ## Summary iShares III PLC - iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR is an exchange-traded fund (ETF) from iShares, launched in 2009. It tracks the Bloomberg MSCI Euro Corporate ex-Financials 1-5 Year ESG SRI Index - EUR - 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 0.2% a year — about £20 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: **€103.96** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | IEX5 | | ISIN | IE00B4L5ZY03 | | Category | Corporate & other bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg MSCI Euro Corporate ex-Financials 1-5 Year ESG SRI Index - EUR - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £824m | | Launched | 2009 | | 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 | -2.37% | -5.43% | income reinvested | | 3 years | +8.42% | -2.17% | income reinvested | | 5 years | +1.82% | -20.41% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares III PLC - iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR in pounds (price only, income paid out not included): 2022 −2.5%, 2023 +1.4%, 2024 −3.1%, 2025 +5.2%; 2026 to 30/09/2026 −5.1%. Returns of iShares III PLC - iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.9%; to 30/09/2025: +5.5%; to 30/09/2024: +0.6%; to 30/09/2023: −1.5%; to 30/09/2022: −6.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -2.5% | -10.8% | Price | | 2023 | +1.4% | -2.6% | Price | | 2024 | -3.1% | -6.4% | Price | | 2025 | +5.2% | +1.6% | Price | | 2026 to 30/09/2026 | -5.1% | -7.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 4.21% | -6.26% | | 3 years | 4.34% | -6.26% | | 5 years | 4.97% | -8.50% | ## Largest fall Volatility of iShares III PLC - iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR in pounds, annualised from weekly returns to 30/09/2026: 4.2% over 1 year, 4.3% over 3 years, 5.0% over 5 years. Largest fall in the price of iShares III PLC - iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR since October 2021, in pounds: −8.5% from 01/10/2021 to 07/07/2023. The lowest 12-month return of iShares III PLC - iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR in pounds (price only, income paid out not included) since January 2021 was −8.7% (12 months to 15/04/2022); the highest was +6.7% (12 months to 07/11/2025). On 30/09/2026 the price of iShares III PLC - iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR was 6.4% below its highest weekly close since October 2021 (01/10/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares III PLC - iShares Euro Corporate Bond ex-Financials 1-5yr UCITS ETF EUR 0.20% a year, as of 01/10/2026: 206 of the 383 other corporate and other bond funds charge more, 38 the same and 139 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.20%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | ORANGE SA MTN RegS | 1.69% | | SIEMENS FINANCIERINGSMAATSCHAPPIJ RegS | 1.58% | | RCI BANQUE SA MTN RegS | 1.54% | | International Business Machines | 1.34% | | BMW FINANCE NV MTN RegS | 1.30% | | AT&T | 1.29% | | Verizon Communications | 1.22% | | COMPAGNIE DE SAINT GOBAIN SA MTN RegS | 1.19% | | Veolia Environnement | 1.18% | | DANONE SA MTN RegS | 1.15% | ## 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 | |---|---| | Consumer Cyclical | 18.4% | | Health Care | 14.1% | | Communication Services | 13.7% | | Capital Goods | 12.6% | | Consumer Non-Cyclical | 12.6% | | Transportation | 7.3% | | Basic Industry | 5.2% | | Electric | 3.8% | | Other sectors | 12.3% | ### By country As published by iShares, as of 29/09/2026. | Country | Weight | |---|---| | United States | 28.5% | | France | 17.5% | | Germany | 14.8% | | United Kingdom | 9.3% | | Switzerland | 5.3% | | Spain | 4.1% | | Netherlands | 2.9% | | Denmark | 2.7% | | Other countries | 14.8% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Bonds | 99.7% | | Cash and money market | 0.4% | All 366 holdings: https://fundology.uk/fund/iex5/holdings --- 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.