# iShares USD Corp Bond UCITS ETF Hedged EUR (LQEE) **Source:** https://fundology.uk/fund/lqee · ISIN IE00BF3N6Y61 · 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, LQEE (iShares USD Corp Bond UCITS ETF Hedged EUR, ISIN IE00BF3N6Y61) closed at €3.37 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the five years to 30/09/2026 its total return was −17.1%, or −35.2% after UK CPIH inflation. ## Summary 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: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **€3.37** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | LQEE | | ISIN | IE00BF3N6Y61 | | Category | Corporate & other bonds | | Type | ETF | | Provider | iShares | | Tracks | iBoxx USD Liquid Investment Grade Index | | Income | Distributing | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £166m | | Launched | 2017 | | 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 | -7.89% | -10.78% | income reinvested | | 3 years | +6.44% | -3.96% | income reinvested | | 5 years | -17.10% | -35.20% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 −9.8%, 2025 +5.8%; 2026 to 30/09/2026 −11.2%. 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: −12.2%; to 30/09/2025: +0.4%; to 30/09/2024: +4.0%; to 30/09/2023: −6.1%; to 30/09/2022: −23.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -18.6% | -25.4% | Price | | 2023 | -0.8% | -4.8% | Price | | 2024 | -9.8% | -12.9% | Price | | 2025 | +5.8% | +2.2% | Price | | 2026 to 30/09/2026 | -11.2% | -13.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 6.53% | -13.46% | | 3 years | 7.56% | -15.27% | | 5 years | 8.92% | -34.09% | ## Largest fall Volatility of iShares USD Corp Bond UCITS ETF Hedged EUR in pounds, annualised from weekly returns to 30/09/2026: 6.5% over 1 year, 7.6% over 3 years, 8.9% over 5 years. Largest fall in the price of iShares USD Corp Bond UCITS ETF Hedged EUR since October 2021, in pounds: −34.1% from 05/11/2021 to 30/09/2026. 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 30/09/2026 the price of iShares USD Corp Bond UCITS ETF Hedged EUR was 34.1% below its highest weekly close since October 2021 (05/11/2021), in pounds. ## Charges compared with similar funds Ongoing charge of iShares USD Corp Bond UCITS ETF Hedged EUR 0.25% a year, as of 01/10/2026: 168 of the 383 other corporate and other bond funds charge more, 33 the same and 182 less (share classes counted once). ## 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 (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | iShares USD Corp Bond UCITS ETF | 0.20% | -2.6% | +5.5% | -4.4% | | iShares USD Corp Bond UCITS ETF | 0.25% | -4.1% | +13.1% | -9.9% | | iShares USD Corp Bond UCITS ETF Acc | 0.20% | -2.9% | +5.6% | -5.3% | | iShares USD Corp Bond UCITS ETF Hedged EUR (this fund) | 0.25% | -7.9% | +6.4% | -17.1% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** 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.