ETF · iShares
IGBS Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP
ISIN IE000S6ZDHA0London Stock Exchange: IGBSBlackRock, Inc.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£4.86
on
- Ongoing charge
- 0.14% a year
- Fund size
- £1.4bn
As of , at least 15 min delayed
At a glance
As of 13/11/2026, IGBS (Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP, ISIN IE000S6ZDHA0) closed at £4.86 on the London Stock Exchange. Its ongoing charge is 0.14% a year (about £14 on £10,000). Over the year to 13/11/2026 its total return was +0.1%, or −3.5% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +0.1%
- −3.5% after inflation (UK CPIH)
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP in pounds (price only, income paid out not included): 2025 +0.9%; 2026 to 13/11/2026 −3.3%. Returns of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −3.3% | −6.4% | |
| to | +0.9% | −2.5% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −4.3% | −7.7% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
3.9%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2024
- −5.2%
- From to
- Lowest 12-month return
- −4.4%
- 12 months to
- Highest 12-month return
- +1.9%
- 12 months to
- Below its highest weekly close since October 2024
- 4.0%
- High of , latest
In words: Volatility of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP in pounds, annualised from weekly returns to 13/11/2026: 3.9% over 1 year. Largest fall in the price of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP since October 2024, in pounds: −5.2% from 04/04/2025 to 02/10/2026. The lowest 12-month return of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP in pounds (price only, income paid out not included) since October 2024 was −4.4% (12 months to 09/10/2026); the highest was +1.9% (12 months to 09/01/2026). On 13/11/2026 the price of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP was 4.0% below its highest weekly close since October 2024 (04/04/2025), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.14%
- a year
- On £10,000
- £14
- a year, roughly
- Over five years
- £70
- of £10,000, before growth
- 161 charge less
- 4 the same
- 146 charge more
Ongoing charge of iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP 0.14% a year. Compared on 14/11/2026, 146 of the 311 other government bond funds charge more, 4 the same and 161 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
iShares III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP is an exchange-traded fund (ETF) from iShares, launched in 2024.
It tracks the Bloomberg Global Aggregate Treasuries 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 0.14% a year — about £14 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.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- IGBS
- ISIN
- IE000S6ZDHA0
- Provider
- iShares
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.14% a year · about £14 on £10,000
- Fund size
- £1.4bn
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Over the last year, the closing price went from £5.04 on 14/11/2025 to £4.86 on 13/11/2026 (−3.6%). The lowest close shown was £4.80 on 02/10/2026 and the highest £5.05 on 28/11/2025.
One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
110 weekly closes, from 11/10/2024 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 1,472
- 1,570 reported in all
- Ten largest
- 8.3%
- of the whole fund
- Effective number of holdings
- 517
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 1.5%
- China Peoples Republic of (Governm 1.61% 15/02/2035
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | China Peoples Republic of (Governm 1.61% 15/02/2035Treasury | 1.47% |
| 2 | China Peoples Republic of (Governm 1.49% 25/12/2031Treasury | 1.18% |
| 3 | China Peoples Republic of (Governm 1.45% 25/02/2028Treasury | 1.09% |
| 4 | China Peoples Republic of (Governm 2.52% 25/08/2033Treasury | 0.87% |
| 5 | China Peoples Republic of (Governm 3.19% 15/04/2053Treasury | 0.80% |
| 6 | China Peoples Republic of (Governm 1.43% 25/01/2030Treasury | 0.79% |
| 7 | China Peoples Republic of (Governm 1.91% 15/07/2029Treasury | 0.67% |
| 8 | China Peoples Republic of (Governm 1.46% 25/05/2028Treasury | 0.49% |
| 9 | Treasury Note 4.88% 31/10/2028Treasury | 0.49% |
| 10 | China Peoples Republic of (Governm 1.65% 15/05/2035Treasury | 0.46% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- Treasury99.5%
- Cash and derivatives0.5%
By country
- United States35.4%
- Japan13.4%
- China12.2%
- United Kingdom5.5%
- France5.3%
- Italy4.8%
- Germany4.4%
- Spain3.2%
- Other countries15.8%
By type of asset
- Bonds99.5%
- Cash and money market0.5%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
More of the portfolio
The fund publishes 1,570 holdings; the ten largest make up 8.3% of it. The fund's portfolio is also split by currency, maturity and credit quality.
Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
5 funds track Bloomberg Global Aggregate Treasuries Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.10% to 0.14% a year (13/11/2026).
| Fund | Charge | 1 year |
|---|---|---|
| Invesco Global Government Bond UCITS ETF -PFHDG- GBPDistributing · Currency hedged · 0.12% a year | 0.12% | Not reported |
| Invesco Global Government Bond UCITS ETF Accum-PFHDG- GBPAccumulating · Currency hedged · 0.12% a year | 0.12% | Not reported |
| Ishares Broad Global Govt Bond UCITS ETF AccumUSDAccumulating · 0.11% a year | 0.11% | −0.7% |
| Ishares Broad Global Govt Bond UCITS ETF USDDistributing · 0.10% a year | 0.10% | −2.6% |
| Ishares Broad Global Govt Bond UCITS ETF - Hedge GBPThis fundDistributing · Currency hedged · 0.14% a year | 0.14% | +0.1% |
As of
Bloomberg Global Aggregate Treasuries funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 year, from weekly returns in pounds.
With a free accountRolling returns
The full range of 58 rolling 12-month returns since October 2024, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since October 2024, in pounds, with how many weeks it took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of IGBS?
The ongoing charge of IGBS is 0.14% a year — about £14 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 III PLC - Ishares Broad Global Govt Bond UCITS ETF - Hedge GBP 0.14% a year. Compared on 14/11/2026, 146 of the 311 other government bond funds charge more, 4 the same and 161 less (share classes counted once).
What does IGBS track?
IGBS tracks the Bloomberg Global Aggregate Treasuries Index - Benchmark TR Net.
Is IGBS accumulating or distributing?
IGBS 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 IGBS?
The ISIN of IGBS is IE000S6ZDHA0. An ISIN identifies one exact share class of a fund; IGBS is its ticker on the London Stock Exchange.
What does IGBS hold?
As of 06/11/2026, IGBS holds 1,570 positions, according to its published holdings. The largest is China Peoples Republic of (Governm 1.61% 15/02/2035 at 1.47% of the fund; the ten largest make up 8.3%. Its ten largest holdings are China Peoples Republic of (Governm 1.61% 15/02/2035 (1.47%), China Peoples Republic of (Governm 1.49% 25/12/2031 (1.18%), China Peoples Republic of (Governm 1.45% 25/02/2028 (1.09%), China Peoples Republic of (Governm 2.52% 25/08/2033 (0.87%), China Peoples Republic of (Governm 3.19% 15/04/2053 (0.80%), China Peoples Republic of (Governm 1.43% 25/01/2030 (0.79%), China Peoples Republic of (Governm 1.91% 15/07/2029 (0.67%), China Peoples Republic of (Governm 1.46% 25/05/2028 (0.49%), Treasury Note 4.88% 31/10/2028 (0.49%) and China Peoples Republic of (Governm 1.65% 15/05/2035 (0.46%).
What were IGBS’s returns in each of the last five years?
Calendar-year returns of IGBS in pounds (price only, income paid out not included): 2025 +0.9%; 2026 to 13/11/2026 −3.3%. Past performance is not a guide to future returns.
How has IGBS done after inflation?
Over the year to 13/11/2026 IGBS’s total return was +0.1%, or −3.5% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
- CU71iShares USD Treasury Bond 3-7yr UCITS ETF0.07% a year · £6.1bn
- IBTAiShares USD Treasury Bond 1-3yr UCITS ETF Acc0.07% a year · £5.8bn
- SEGAiShares Core EUR Govt Bond UCITS ETF0.07% a year · £4.6bn
- SEMLiShares J.P. Morgan EM Local Govt Bond UCITS ETF0.50% a year · £4.1bn
- CBU0iShares USD Treasury Bond 7-10yr UCITS ETF USD (Acc) USD0.07% a year · £3.9bn
- VETAVanguard EUR Eurozone Government Bond UCITS ETF0.07% a year · £3.4bn
- IGLTiShares Core UK Gilts UCITS ETF0.07% a year · £3.4bn
- IBTMiShares USD Treasury Bond 7-10yr UCITS ETF0.07% a year · £3.0bn
Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
A machine-readable copy of this page: Markdown.