# iShares GBP Index-Linked Gilts UCITS ETF (INXG) **Page:** https://fundology.uk/fund/inxg · ISIN IE00B1FZSD53 ## 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, INXG (iShares GBP Index-Linked Gilts UCITS ETF, ISIN IE00B1FZSD53) closed at £10.85 on the London Stock Exchange. Its ongoing charge is 0.10% a year (about £10 on £10,000). Over the five years to 13/11/2026 its total return was −40.3%, or −53.4% after UK CPIH inflation. ## Summary iShares GBP Index-Linked Gilts UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2006. It tracks the Bloomberg UK Govt Inflation-Linked. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.1% a year — about £10 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: **£10.85** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | INXG | | ISIN | IE00B1FZSD53 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg UK Govt Inflation-Linked | | Income | Distributing | | Ongoing charge | 0.10% a year (£10 per £10,000) | | Fund size | £464m | | Launched | 2006 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 10/07/2010 | ## 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 | +0.75% | -2.82% | income reinvested | | 3 years | -0.05% | -9.70% | income reinvested | | 5 years | -40.27% | -53.38% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares GBP Index-Linked Gilts UCITS ETF in pounds (price only, income paid out not included): 2022 −34.3%, 2023 −0.3%, 2024 −13.7%, 2025 −6.5%; 2026 to 13/11/2026 −3.2%. Returns of iShares GBP Index-Linked Gilts UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.1%; to 30/09/2025: −14.0%; to 30/09/2024: +4.1%; to 30/09/2023: −12.9%; to 30/09/2022: −28.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -34.3% | -39.8% | Price | | 2023 | -0.3% | -4.3% | Price | | 2024 | -13.7% | -16.6% | Price | | 2025 | -6.5% | -9.7% | Price | | 2026 to 13/11/2026 | -3.2% | -6.3% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 8.94% | -9.74% | | 3 years | 10.21% | -23.75% | | 5 years | 18.78% | -52.76% | ## Largest fall Volatility of iShares GBP Index-Linked Gilts UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 8.9% over 1 year, 10.2% over 3 years, 18.8% over 5 years. Largest fall in the price of iShares GBP Index-Linked Gilts UCITS ETF since November 2021, in pounds: −52.8% from 03/12/2021 to 31/07/2026. The lowest 12-month return of iShares GBP Index-Linked Gilts UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −45.7% (12 months to 14/10/2022); the highest was +11.4% (12 months to 04/03/2022). On 13/11/2026 the price of iShares GBP Index-Linked Gilts UCITS ETF was 52.1% below its highest weekly close since November 2021 (03/12/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares GBP Index-Linked Gilts UCITS ETF 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.10%** per year - 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, INXG holds 34 positions, according to its published holdings. The largest is UK I/L GILT RegS 1.25% 22/11/2027 at 5.48% of the fund; the ten largest make up 44.5%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | UK I/L GILT RegS 1.25% 22/11/2027 | — | 5.48% | | 2 | UK I/L GILT RegS 1.25% 22/11/2032 | — | 4.96% | | 3 | UK I/L GILT RegS 0.13% 22/03/2029 | — | 4.73% | | 4 | UK I/L GILT RegS 0.13% 10/08/2028 | — | 4.63% | | 5 | UK I/L GILT RegS 0.13% 10/08/2031 | — | 4.44% | | 6 | UK I/L GILT RegS 0.75% 22/03/2034 | — | 4.31% | | 7 | UK I/L GILT RegS 1.13% 22/11/2037 | — | 4.26% | | 8 | UNITED KINGDOM OF GREAT BRITAIN AN RegS 1.13% 22/09/2035 | — | 3.98% | | 9 | UK I/L GILT RegS 2.00% 26/01/2035 | — | 3.88% | | 10 | UK I/L GILT RegS 0.63% 22/03/2040 | — | 3.83% | All 35 holdings: https://fundology.uk/fund/inxg/holdings ## Questions people ask **What is the ongoing charge of INXG?** The ongoing charge of INXG is 0.10% a year — about £10 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 GBP Index-Linked Gilts UCITS ETF 0.10% a year. Compared on 14/11/2026, 184 of the 311 other government bond funds charge more, 39 the same and 88 less (share classes counted once). **What does INXG track?** INXG tracks the Bloomberg UK Govt Inflation-Linked. **Is INXG accumulating or distributing?** INXG 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 INXG?** The ISIN of INXG is IE00B1FZSD53. An ISIN identifies one exact share class of a fund; INXG is its ticker on the London Stock Exchange. **What does INXG hold?** As of 06/11/2026, INXG holds 34 positions, according to its published holdings. The largest is UK I/L GILT RegS 1.25% 22/11/2027 at 5.48% of the fund; the ten largest make up 44.5%. Its ten largest holdings are UK I/L GILT RegS 1.25% 22/11/2027 (5.48%), UK I/L GILT RegS 1.25% 22/11/2032 (4.96%), UK I/L GILT RegS 0.13% 22/03/2029 (4.73%), UK I/L GILT RegS 0.13% 10/08/2028 (4.63%), UK I/L GILT RegS 0.13% 10/08/2031 (4.44%), UK I/L GILT RegS 0.75% 22/03/2034 (4.31%), UK I/L GILT RegS 1.13% 22/11/2037 (4.26%), UNITED KINGDOM OF GREAT BRITAIN AN RegS 1.13% 22/09/2035 (3.98%), UK I/L GILT RegS 2.00% 26/01/2035 (3.88%) and UK I/L GILT RegS 0.63% 22/03/2040 (3.83%). **What were INXG’s returns in each of the last five years?** Calendar-year returns of INXG in pounds (price only, income paid out not included): 2022 −34.3%, 2023 −0.3%, 2024 −13.7%, 2025 −6.5%; 2026 to 13/11/2026 −3.2%. Past performance is not a guide to future returns. **How has INXG done after inflation?** Over the five years to 13/11/2026 INXG’s total return was −40.3%, or −53.4% 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/251717/ishares-indexlinked-gilts-ucits-etf) - [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-index-linked-gilts-ucits-etf-gbp-dist-gb-ie00b1fzsd53-en.pdf) - [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/inxg-ishares-index-linked-gilts-ucits-etf-fund-fact-sheet-en-gb.pdf) - Links checked 12/10/2026. --- 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.