ETF · iShares
LQEE iShares USD Corp Bond UCITS ETF Hedged EUR
ISIN IE00BF3N6Y61London Stock Exchange: LQEEBlackRock, Inc.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
- EUR hedged
Latest close
LSE€3.41
on
- Ongoing charge
- 0.25% a year
- Fund size
- £254m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, LQEE (iShares USD Corp Bond UCITS ETF Hedged EUR, ISIN IE00BF3N6Y61) closed at €3.41 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 13/11/2026 its total return was −17.9%, or −35.9% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −8.7%
- −11.9% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +5.1%
- −5.1% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −17.9%
- −35.9% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £821 on 13/11/2026 — about £641 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
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 USD Corp Bond UCITS ETF Hedged EUR in pounds (price only, income paid out not included): 2022 −18.6%, 2023 −0.8%, 2024 −10.0%, 2025 +5.6%; 2026 to 13/11/2026 −11.7%. Returns of iShares USD Corp Bond UCITS ETF Hedged EUR in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −12.6%; to 30/09/2025: +0.9%; to 30/09/2024: +4.0%; to 30/09/2023: −6.1%; to 30/09/2022: −22.6%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −11.7% | −14.5% | |
| to | +5.6% | +2.0% | |
| to | −10.0% | −13.1% | |
| −0.8% | −4.8% | ||
| −18.6% | −25.4% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −12.6% | −15.7% |
| from | +0.9% | −3.0% |
| from | +4.0% | +1.3% |
| from | −6.1% | −11.8% |
| from | −22.6% | −28.9% |
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)
8.8%over 5 years
| 1 year | 6.7% |
|---|---|
| 3 years | 7.3% |
| 5 years | 8.8% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −34.1%
- From to
- Lowest 12-month return
- −25.4%
- 12 months to
- Highest 12-month return
- +6.0%
- 12 months to
- Below its highest weekly close since November 2021
- 34.1%
- High of , latest
In words: Volatility of iShares USD Corp Bond UCITS ETF Hedged EUR in pounds, annualised from weekly returns to 13/11/2026: 6.7% over 1 year, 7.3% over 3 years, 8.8% over 5 years. Largest fall in the price of iShares USD Corp Bond UCITS ETF Hedged EUR since November 2021, in pounds: −34.1% from 03/12/2021 to 13/11/2026. The lowest 12-month return of iShares USD Corp Bond UCITS ETF Hedged EUR in pounds (price only, income paid out not included) since January 2021 was −25.4% (12 months to 04/11/2022); the highest was +6.0% (12 months to 09/01/2026). On 13/11/2026 the price of iShares USD Corp Bond UCITS ETF Hedged EUR was 34.1% below its highest weekly close since November 2021 (03/12/2021), 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
- 0.25%
- a year
- On £10,000
- £25
- a year, roughly
- Over five years
- £124
- of £10,000, before growth
- 209 charge less
- 40 the same
- 178 charge more
Ongoing charge of iShares USD Corp Bond UCITS ETF Hedged EUR 0.25% a year. Compared on 14/11/2026, 178 of the 427 other corporate and other bond funds charge more, 40 the same and 209 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 USD Corp Bond UCITS ETF Hedged EUR is an exchange-traded fund (ETF) from iShares, launched in 2017.
It tracks the iBoxx USD Liquid Investment Grade Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.25% a year — about £25 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 to euros, not to the pound: it aims to remove most of the effect of exchange-rate moves against euros, so a holder who counts in pounds still has currency risk.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- LQEE
- ISIN
- IE00BF3N6Y61
- Provider
- iShares
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.25% a year · about £25 on £10,000
- Fund size
- £254m
- 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 euros
- Price currency
- EUR
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from €3.75 on 14/11/2025 to €3.41 on 13/11/2026 (−8.9%). The lowest close shown was €3.37 on 02/10/2026 and the highest €3.78 on 28/11/2025.
One close a week. Before 29/07/2026 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
262 weekly closes, from 12/11/2021 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
- 3,192
- 3,207 reported in all
- Ten largest
- 2.2%
- of the whole fund
- Effective number of holdings
- 1,974
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 0.8%
- Blk Ics USD Leaf Agency Dist
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Blk Ics USD Leaf Agency DistCash and derivatives | 0.84% |
| 2 | Anheuser-Busch Companies LLC 4.90% 01/02/2046Consumer Non-Cyclical | 0.19% |
| 3 | Paramount Skydance Corp 144A 7.05% 15/10/2031Communication Services | 0.17% |
| 4 | CVS Health Corp 5.05% 25/03/2048Health Care | 0.15% |
| 5 | Space Exploration Technologies Cor 144A 5.65% 15/07/2033Communication Services | 0.15% |
| 6 | Amazon.Com Inc 4.88% 13/03/2036Consumer Cyclical | 0.14% |
| 7 | Meta Platforms Inc 5.25% 15/05/2036Communication Services | 0.14% |
| 8 | Space Exploration Technologies Cor 144A 5.35% 15/07/2031Communication Services | 0.14% |
| 9 | T-Mobile USA Inc 3.88% 15/04/2030Communication Services | 0.14% |
| 10 | Goldman Sachs Group Inc/The 6.75% 01/10/2037Banking | 0.13% |
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
- Banking22.6%
- Health Care11.7%
- Communication Services11.3%
- Energy8.1%
- Consumer Cyclical7.4%
- Consumer Non-Cyclical5.3%
- Capital Goods4.8%
- Insurance4.3%
- Other sectors24.6%
By type of asset
- Bonds99.2%
- Cash and money market0.8%
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 3,207 holdings; the ten largest make up 2.2% 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
4 funds track iBoxx USD Liquid Investment Grade Index, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.25% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares USD Corp Bond UCITS ETFDistributing · 0.20% a year | 0.20% | −3.1% | +6.6% | −4.4% |
| iShares USD Corp Bond UCITS ETF AccAccumulating · 0.20% a year | 0.20% | −2.2% | +7.7% | −4.7% |
| iShares USD Corp Bond UCITS ETF GBP HedgedDistributing · Currency hedged · 0.25% a year | 0.25% | −2.0% | +15.0% | −9.3% |
| iShares USD Corp Bond UCITS ETF Hedged EURThis fundDistributing · Currency hedged · 0.25% a year | 0.25% | −8.7% | +5.1% | −17.9% |
As of
iBoxx USD Liquid Investment Grade funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
- iShares USD Corp Bond UCITS ETFDistributing · 0.20% a year · IE0032895942
- iShares USD Corp Bond UCITS ETF AccAccumulating · 0.20% a year · IE00BYXYYJ35
- iShares USD Corp Bond UCITS ETF GBP HedgedDistributing · Currency hedged · 0.25% a year · IE00BDFK3736
Read more:Share classesAccumulating or incomeCurrency hedging
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since November 2021, 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.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of LQEE?
The ongoing charge of LQEE is 0.25% a year — about £25 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 USD Corp Bond UCITS ETF Hedged EUR 0.25% a year. Compared on 14/11/2026, 178 of the 427 other corporate and other bond funds charge more, 40 the same and 209 less (share classes counted once).
What does LQEE track?
LQEE tracks the iBoxx USD Liquid Investment Grade Index.
Is LQEE accumulating or distributing?
LQEE is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of LQEE?
The ISIN of LQEE is IE00BF3N6Y61. An ISIN identifies one exact share class of a fund; LQEE is its ticker on the London Stock Exchange.
What does LQEE hold?
As of 06/11/2026, LQEE holds 3,207 positions, according to its published holdings. The largest is Blk Ics USD Leaf Agency Dist at 0.84% of the fund; the ten largest make up 2.2%. Its ten largest holdings are Blk Ics USD Leaf Agency Dist (0.84%), Anheuser-Busch Companies LLC 4.90% 01/02/2046 (0.19%), Paramount Skydance Corp 144A 7.05% 15/10/2031 (0.17%), CVS Health Corp 5.05% 25/03/2048 (0.15%), Space Exploration Technologies Cor 144A 5.65% 15/07/2033 (0.15%), Amazon.Com Inc 4.88% 13/03/2036 (0.14%), Meta Platforms Inc 5.25% 15/05/2036 (0.14%), Space Exploration Technologies Cor 144A 5.35% 15/07/2031 (0.14%), T-Mobile USA Inc 3.88% 15/04/2030 (0.14%) and Goldman Sachs Group Inc/The 6.75% 01/10/2037 (0.13%).
What were LQEE’s returns in each of the last five years?
Calendar-year returns of LQEE in pounds (price only, income paid out not included): 2022 −18.6%, 2023 −0.8%, 2024 −10.0%, 2025 +5.6%; 2026 to 13/11/2026 −11.7%. Past performance is not a guide to future returns.
How has LQEE done after inflation?
Over the five years to 13/11/2026 LQEE’s total return was −17.9%, or −35.9% after UK CPIH inflation. Past performance is not a guide to future returns.
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- USC5State Street SPDR Bloomberg 1-5 Year U.S. Corporate Bond UCITS ETF Accum USD0.11% a year · £4.4bn
- SHYGiShares Euro High Yield Corp Bond UCITS ETF EUR0.50% a year · £4.4bn
- LQDAiShares USD Corp Bond UCITS ETF Acc0.20% a year · £4.1bn
- XBLCXtrackers II EUR Corporate Bond UCITS ETF0.09% a year · £3.9bn
- ECRPAmundi EUR Corporate Bond ESG UCITS ETF DR- Capitalisation0.19% a year · £3.6bn
- SUOEiShares Euro Corp Bond ESG SRI UCITS ETF Shs EUR0.14% a year · £3.3bn
Fund documents and methods
- Fund documents
- Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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