# iShares Core EUR Govt Bond UCITS ETF (SEGA)

**Page:** https://fundology.uk/fund/sega · ISIN IE00B4WXJJ64

## 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, SEGA (iShares Core EUR Govt Bond UCITS ETF, ISIN IE00B4WXJJ64) closed at £87.98 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the five years to 13/11/2026 its total return was −15.4%, or −34.0% after UK CPIH inflation.

## Summary

iShares Core EUR Govt Bond UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2009. It tracks the Bloomberg Euro Treasury Bond Index - EUR - 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 0.07% a year — about £7 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: **£87.98** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SEGA |
| ISIN | IE00B4WXJJ64 |
| Also listed as | EUNH (Xetra, euros) |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Bloomberg Euro Treasury Bond Index - EUR - Benchmark TR Net |
| Income | Distributing |
| Ongoing charge | 0.07% a year (£7 per £10,000) |
| Fund size | £4.6bn |
| Launched | 2009 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 22/05/2010 |

## 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 | -6.66% | -9.97% | income reinvested |
| 3 years | +1.97% | -7.87% | income reinvested |
| 5 years | -15.42% | -33.98% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Core EUR Govt Bond UCITS ETF in pounds (price only, income paid out not included): 2022 −13.9%, 2023 +3.7%, 2024 −5.3%, 2025 +3.5%; 2026 to 13/11/2026 −8.3%. Returns of iShares Core EUR Govt Bond UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −7.3%; to 30/09/2025: +2.6%; to 30/09/2024: +3.2%; to 30/09/2023: −4.8%; to 30/09/2022: −15.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -13.9% | -21.2% | Price |
| 2023 | +3.7% | -0.4% | Price |
| 2024 | -5.3% | -8.6% | Price |
| 2025 | +3.5% | -0.1% | Price |
| 2026 to 13/11/2026 | -8.3% | -11.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.95% | -10.34% |
| 3 years | 5.80% | -10.45% |
| 5 years | 6.78% | -22.78% |

## Largest fall

Volatility of iShares Core EUR Govt Bond UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 5.9% over 1 year, 5.8% over 3 years, 6.8% over 5 years. Largest fall in the price of iShares Core EUR Govt Bond UCITS ETF since November 2021, in pounds: −22.8% from 03/12/2021 to 30/10/2026. The lowest 12-month return of iShares Core EUR Govt Bond UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −16.7% (12 months to 04/11/2022); the highest was +5.9% (12 months to 27/02/2026). On 13/11/2026 the price of iShares Core EUR Govt Bond UCITS ETF was 22.6% below its highest weekly close since November 2021 (03/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares Core EUR Govt Bond UCITS ETF 0.07% a year. Compared on 14/11/2026, 241 of the 311 other government bond funds charge more, 30 the same and 40 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.07%** per year (as of 28/10/2026)
- 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, SEGA holds 553 positions, according to its published holdings. The largest is FRANCE (REPUBLIC OF) RegS 2.50% 25/05/2030 at 0.87% of the fund; the ten largest make up 7.7%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | FRANCE (REPUBLIC OF) RegS 2.50% 25/05/2030 | — | 0.87% |
| 2 | FRANCE (REPUBLIC OF) RegS 2.75% 25/02/2029 | — | 0.84% |
| 3 | FRANCE (REPUBLIC OF) RegS 3.50% 25/11/2033 | — | 0.80% |
| 4 | FRANCE (REPUBLIC OF) RegS 1.50% 25/05/2031 | — | 0.78% |
| 5 | FRANCE (REPUBLIC OF) RegS 2.75% 25/02/2030 | — | 0.77% |
| 6 | FRANCE (REPUBLIC OF) RegS 0.75% 25/05/2028 | — | 0.76% |
| 7 | France (Republic Of) 2.70% 25/02/2031 | — | 0.74% |
| 8 | FRANCE (REPUBLIC OF) RegS 0.50% 25/05/2029 | — | 0.71% |
| 9 | France (Republic Of) 2.00% 25/11/2032 | — | 0.70% |
| 10 | France (Republic Of) 3.50% 25/11/2035 | — | 0.68% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Treasury | 99.8% |
| Cash and derivatives | 0.2% |

### By country

As published for the fund, as of 06/11/2026.

| Country | Weight |
|---|---|
| France | 23.7% |
| Italy | 21.3% |
| Germany | 19.5% |
| Spain | 14.2% |
| Belgium | 4.9% |
| Netherlands | 4.1% |
| Austria | 3.5% |
| Portugal | 1.9% |
| Other countries | 6.8% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.8% |
| Cash and money market | 0.2% |

The 530 holdings on record (of 553 reported): https://fundology.uk/fund/sega/holdings

## Questions people ask

**What is the ongoing charge of SEGA?**

The ongoing charge of SEGA is 0.07% a year — about £7 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 Core EUR Govt Bond UCITS ETF 0.07% a year. Compared on 14/11/2026, 241 of the 311 other government bond funds charge more, 30 the same and 40 less (share classes counted once).

**What does SEGA track?**

SEGA tracks the Bloomberg Euro Treasury Bond Index - EUR - Benchmark TR Net.

**Is SEGA accumulating or distributing?**

SEGA 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 SEGA?**

The ISIN of SEGA is IE00B4WXJJ64. An ISIN identifies one exact share class of a fund; SEGA is its ticker on the London Stock Exchange. The same share class is also listed as EUNH (Xetra, euros).

**What does SEGA hold?**

As of 06/11/2026, SEGA holds 553 positions, according to its published holdings. The largest is FRANCE (REPUBLIC OF) RegS 2.50% 25/05/2030 at 0.87% of the fund; the ten largest make up 7.7%. Its ten largest holdings are FRANCE (REPUBLIC OF) RegS 2.50% 25/05/2030 (0.87%), FRANCE (REPUBLIC OF) RegS 2.75% 25/02/2029 (0.84%), FRANCE (REPUBLIC OF) RegS 3.50% 25/11/2033 (0.80%), FRANCE (REPUBLIC OF) RegS 1.50% 25/05/2031 (0.78%), FRANCE (REPUBLIC OF) RegS 2.75% 25/02/2030 (0.77%), FRANCE (REPUBLIC OF) RegS 0.75% 25/05/2028 (0.76%), France (Republic Of) 2.70% 25/02/2031 (0.74%), FRANCE (REPUBLIC OF) RegS 0.50% 25/05/2029 (0.71%), France (Republic Of) 2.00% 25/11/2032 (0.70%) and France (Republic Of) 3.50% 25/11/2035 (0.68%).

**What were SEGA’s returns in each of the last five years?**

Calendar-year returns of SEGA in pounds (price only, income paid out not included): 2022 −13.9%, 2023 +3.7%, 2024 −5.3%, 2025 +3.5%; 2026 to 13/11/2026 −8.3%. Past performance is not a guide to future returns.

**How has SEGA done after inflation?**

Over the five years to 13/11/2026 SEGA’s total return was −15.4%, or −34.0% 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/251740/ishares-euro-government-bond-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-core-govt-bond-ucits-etf-eur-dist-gb-ie00b4wxjj64-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/iega-ishares-core-govt-bond-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.