# iShares USD TIPS UCITS ETF Accum- Hedge GBP (ITPA) **Source:** https://fundology.uk/fund/itpa · ISIN IE000B3NURO6 · 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, ITPA (iShares USD TIPS UCITS ETF Accum- Hedge GBP, ISIN IE000B3NURO6) closed at £5.32 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the year to 30/09/2026 its total return was −2.2%, or −5.3% after UK CPIH inflation. ## Summary iShares USD TIPS UCITS ETF Accum- Hedge GBP is an exchange-traded fund (ETF) from iShares, launched in 2024. It tracks the Bloomberg US 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 0.12% a year — about £12 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£5.32** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | ITPA | | ISIN | IE000B3NURO6 | | Category | Government bonds | | Type | ETF | | Provider | iShares | | Tracks | Bloomberg US Govt Inflation-Linked | | Income | Accumulating | | Ongoing charge | 0.12% a year (£12 per £10,000) | | Fund size | £69.0m | | Launched | 2024 | | 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 | -2.24% | -5.31% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares USD TIPS UCITS ETF Accum- Hedge GBP in pounds (price, with income reinvested in the fund): 2025 +6.3%; 2026 to 30/09/2026 −1.9%. Returns of iShares USD TIPS UCITS ETF Accum- Hedge GBP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −2.3%; to 30/09/2025: +3.3%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | +6.3% | +2.7% | Price | | 2026 to 30/09/2026 | -1.9% | -4.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 3.24% | -4.06% | ## Largest fall Volatility of iShares USD TIPS UCITS ETF Accum- Hedge GBP in pounds, annualised from weekly returns to 30/09/2026: 3.2% over 1 year. Largest fall in the price of iShares USD TIPS UCITS ETF Accum- Hedge GBP since March 2024, in pounds: −4.1% from 04/04/2025 to 11/04/2025. The lowest 12-month return of iShares USD TIPS UCITS ETF Accum- Hedge GBP in pounds (price, with income reinvested in the fund) since March 2024 was −2.4% (12 months to 30/09/2026); the highest was +7.3% (12 months to 04/04/2025). On 30/09/2026 the price of iShares USD TIPS UCITS ETF Accum- Hedge GBP was 4.1% below its highest weekly close since March 2024 (08/05/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares USD TIPS UCITS ETF Accum- Hedge GBP 0.12% a year, as of 01/10/2026: 136 of the 274 other government bond funds charge more, 19 the same and 119 less (share classes counted once). ## Funds tracking the same index 7 funds track Bloomberg US Govt Inflation-Linked, this one included and share classes counted once; their ongoing charges range from 0.09% to 0.17% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares USD TIPS UCITS ETF | 0.10% | -0.7% | +2.7% | +1.1% | | iShares USD TIPS UCITS ETF | 0.12% | -2.2% | +10.3% | -3.9% | | iShares USD TIPS UCITS ETF Accum- Hedge GBP (this fund) | 0.12% | -2.2% | — | — | | Multi Units Luxembourg SICAV - Amundi US TIPS -C-USD- Capitalisation | 0.09% | -1.1% | +2.5% | -0.1% | | Multi Units Luxembourg SICAV - Amundi US TIPS -Dist- Distribution | 0.09% | -0.7% | +2.5% | +0.9% | | State Street SPDR Bloomberg U.S. TIPS UCITS ETF Accum USD | — | — | — | — | | State Street SPDR Bloomberg U.S. TIPS UCITS ETF USD | 0.17% | -0.6% | +2.5% | +0.8% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.12%** per year - ISA eligible: yes - SIPP eligible: yes --- 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.