ETF · iShares
JGBH iShares Japan Govt Bond UCITS ETF Hedged GBP
ISIN IE0009SA6OY7London Stock Exchange: JGBHBlackRock, Inc.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£4.85
on
- Ongoing charge
- 0.09% a year
- Fund size
- £563m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, JGBH (iShares Japan Govt Bond UCITS ETF Hedged GBP, ISIN IE0009SA6OY7) closed at £4.85 on the London Stock Exchange. Its ongoing charge is 0.09% a year (about £9 on £10,000). Over the year to 13/11/2026 its total return was −0.7%, or −4.2% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −0.7%
- −4.2% 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 V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2026 to 13/11/2026 −1.9%. Returns of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −1.9% | −5.0% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −5.3% | −8.6% |
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)
4.0%over 1 year
Annualised from weekly returns. Higher means bumpier.
- Largest fall since August 2025
- −5.9%
- From to
- Below its highest weekly close since August 2025
- 4.0%
- High of , latest
In words: Volatility of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 13/11/2026: 4.0% over 1 year. Largest fall in the price of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP since August 2025, in pounds: −5.9% from 31/10/2025 to 24/09/2026. On 13/11/2026 the price of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP was 4.0% below its highest weekly close since August 2025 (31/10/2025), 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
- 0.09%
- a year
- On £10,000
- £9
- a year, roughly
- Over five years
- £45
- of £10,000, before growth
- 73 charge less
- 14 the same
- 224 charge more
Ongoing charge of iShares V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP 0.09% a year. Compared on 14/11/2026, 224 of the 311 other government bond funds charge more, 14 the same and 73 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 V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from iShares, launched in 2025.
It tracks the Bloomberg Japan Treasury Index - JPY - 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 0.09% a year — about £9 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
- JGBH
- ISIN
- IE0009SA6OY7
- 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
- 0.09% a year · about £9 on £10,000
- Fund size
- £563m
- 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 £5.03 on 14/11/2025 to £4.85 on 13/11/2026 (−3.6%). The lowest close shown was £4.76 on 24/09/2026 and the highest £5.03 on 14/11/2025.
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
68 weekly closes, from 01/08/2025 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
- 296
- on record
- Ten largest
- 10.6%
- of the whole fund
- Effective number of holdings
- 187
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 1.3%
- Japan (Government Of) 10YR #350 0.10% 20/03/2028
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Japan (Government Of) 10YR #350 0.10% 20/03/2028Treasury | 1.32% |
| 2 | Japan (Government Of) 10YR #359 0.10% 20/06/2030Treasury | 1.09% |
| 3 | Japan (Government Of) 10YR #360 0.10% 20/09/2030Treasury | 1.05% |
| 4 | Japan (Government Of) 10YR #368 0.20% 20/09/2032Treasury | 1.03% |
| 5 | Japan (Government Of) 10YR #380 1.70% 20/09/2035Treasury | 1.03% |
| 6 | Japan (Government Of) 10YR #349 0.10% 20/12/2027Treasury | 1.01% |
| 7 | Japan (Government Of) 10YR #352 0.10% 20/09/2028Treasury | 1.01% |
| 8 | Japan (Government Of) 10YR #366 0.20% 20/03/2032Treasury | 1.01% |
| 9 | Japan (Government Of) 10YR #382 2.40% 20/03/2036Treasury | 1.01% |
| 10 | Japan (Government Of) 10YR #355 0.10% 20/06/2029Treasury | 1.00% |
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
- Treasury99.9%
- Cash and derivatives0.1%
By type of asset
- Bonds99.9%
- Cash and money market0.1%
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 296 holdings; the ten largest make up 10.6% 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
2 funds track Bloomberg Japan Treasury Index - JPY - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.09% to 0.09% a year (13/11/2026).
| Fund | Charge | 1 year |
|---|---|---|
| iShares Japan Govt Bond UCITS ETF AccumHedged GBPAccumulating · Currency hedged · 0.09% a year | 0.09% | −0.7% |
| iShares Japan Govt Bond UCITS ETF Hedged GBPThis fundDistributing · Currency hedged · 0.09% a year | 0.09% | −0.7% |
As of
Bloomberg Japan Treasury 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 accountLargest falls and recoveries
The largest fall since August 2025, 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 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 JGBH?
The ongoing charge of JGBH is 0.09% a year — about £9 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 V PLC - iShares Japan Govt Bond UCITS ETF Hedged GBP 0.09% a year. Compared on 14/11/2026, 224 of the 311 other government bond funds charge more, 14 the same and 73 less (share classes counted once).
What does JGBH track?
JGBH tracks the Bloomberg Japan Treasury Index - JPY - Benchmark TR Net.
Is JGBH accumulating or distributing?
JGBH 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 JGBH?
The ISIN of JGBH is IE0009SA6OY7. An ISIN identifies one exact share class of a fund; JGBH is its ticker on the London Stock Exchange.
What does JGBH hold?
As of 06/11/2026, JGBH holds 296 positions, according to its published holdings. The largest is Japan (Government Of) 10YR #350 0.10% 20/03/2028 at 1.32% of the fund; the ten largest make up 10.6%. Its ten largest holdings are Japan (Government Of) 10YR #350 0.10% 20/03/2028 (1.32%), Japan (Government Of) 10YR #359 0.10% 20/06/2030 (1.09%), Japan (Government Of) 10YR #360 0.10% 20/09/2030 (1.05%), Japan (Government Of) 10YR #368 0.20% 20/09/2032 (1.03%), Japan (Government Of) 10YR #380 1.70% 20/09/2035 (1.03%), Japan (Government Of) 10YR #349 0.10% 20/12/2027 (1.01%), Japan (Government Of) 10YR #352 0.10% 20/09/2028 (1.01%), Japan (Government Of) 10YR #366 0.20% 20/03/2032 (1.01%), Japan (Government Of) 10YR #382 2.40% 20/03/2036 (1.01%) and Japan (Government Of) 10YR #355 0.10% 20/06/2029 (1.00%).
What were JGBH’s returns in each of the last five years?
Calendar-year returns of JGBH in pounds (price only, income paid out not included): 2026 to 13/11/2026 −1.9%. Past performance is not a guide to future returns.
How has JGBH done after inflation?
Over the year to 13/11/2026 JGBH’s total return was −0.7%, or −4.2% after UK CPIH inflation. Past performance is not a guide to future returns.
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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.