# iShares USD TIPS 0-5 UCITS ETF GBP (TI5G)

**Page:** https://fundology.uk/fund/ti5g · ISIN IE00BDZVHB89

## 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, TI5G (iShares USD TIPS 0-5 UCITS ETF GBP, ISIN IE00BDZVHB89) closed at £4.67 on the London Stock Exchange. Its ongoing charge is 0.12% a year (about £12 on £10,000). Over the five years to 13/11/2026 its total return was +12.2%, or −12.4% after UK CPIH inflation.

## Summary

iShares USD TIPS 0-5 UCITS ETF GBP is an exchange-traded fund (ETF) from iShares, launched in 2018. It tracks the ICE BofA US Treasury Inflation Linked Bond (0-5 Y). 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 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: **£4.67** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | TI5G |
| ISIN | IE00BDZVHB89 |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | ICE BofA US Treasury Inflation Linked Bond (0-5 Y) |
| Income | Distributing |
| Ongoing charge | 0.12% a year (£12 per £10,000) |
| Fund size | £987m |
| Launched | 2018 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 08/03/2018 |

## 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 | +1.72% | -1.88% | income reinvested |
| 3 years | +14.27% | +3.24% | income reinvested |
| 5 years | +12.17% | -12.44% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of iShares USD TIPS 0-5 UCITS ETF GBP in pounds (price only, income paid out not included): 2022 −4.0%, 2023 −1.6%, 2024 −2.1%, 2025 −0.3%; 2026 to 13/11/2026 −1.2%. Returns of iShares USD TIPS 0-5 UCITS ETF GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.5%; to 30/09/2025: −0.6%; to 30/09/2024: −0.9%; to 30/09/2023: +0.9%; to 30/09/2022: −3.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -4.0% | -12.1% | Price |
| 2023 | -1.6% | -5.5% | Price |
| 2024 | -2.1% | -5.5% | Price |
| 2025 | -0.3% | -3.7% | Price |
| 2026 to 13/11/2026 | -1.2% | -4.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 4.59% | -4.48% |
| 3 years | 5.17% | -6.44% |
| 5 years | 4.60% | -10.42% |

## Largest fall

Volatility of iShares USD TIPS 0-5 UCITS ETF GBP in pounds, annualised from weekly returns to 13/11/2026: 4.6% over 1 year, 5.2% over 3 years, 4.6% over 5 years. Largest fall in the price of iShares USD TIPS 0-5 UCITS ETF GBP since November 2021, in pounds: −10.4% from 11/03/2022 to 25/09/2026. The lowest 12-month return of iShares USD TIPS 0-5 UCITS ETF GBP in pounds (price only, income paid out not included) since January 2021 was −5.0% (12 months to 10/03/2023); the highest was +5.1% (12 months to 11/03/2022). On 13/11/2026 the price of iShares USD TIPS 0-5 UCITS ETF GBP was 10.0% below its highest weekly close since November 2021 (11/03/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares USD TIPS 0-5 UCITS ETF GBP 0.12% a year. Compared on 14/11/2026, 159 of the 311 other government bond funds charge more, 20 the same and 132 less (share classes counted once).

## Funds tracking the same index

4 funds track ICE BofA US Treasury Inflation Linked Bond (0-5 Y), this one included and share classes counted once; their ongoing charges range from 0.10% to 0.12% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares USD TIPS 0-5 UCITS ETF Accum USD | 0.10% | +0.5% | +1.0% | — |
| iShares USD TIPS 0-5 UCITS ETF GBP (this fund) | 0.12% | +1.7% | +14.3% | +12.2% |
| iShares USD TIPS 0-5 UCITS ETF Hedged EUR | 0.12% | -5.1% | -0.4% | — |
| iShares USD TIPS 0-5 UCITS ETF USD | 0.10% | +0.6% | +5.4% | +16.5% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.12%** per year
- 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, TI5G holds 25 positions, according to its published holdings. The largest is Treasury (Cpi) Note 1.13% 15/10/2030 at 5.56% of the fund; the ten largest make up 51.3%.

### Top holdings

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

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Treasury (Cpi) Note 1.13% 15/10/2030 | — | 5.56% |
| 2 | Treasury (Cpi) Note 0.13% 15/04/2027 | — | 5.51% |
| 3 | Treasury (Cpi) Note 1.25% 15/04/2031 | — | 5.37% |
| 4 | Treasury (Cpi) Note 1.63% 15/10/2029 | — | 5.27% |
| 5 | Treasury (Cpi) Note 1.63% 15/04/2030 | — | 5.23% |
| 6 | Treasury (Cpi) Note 2.38% 15/10/2028 | — | 5.11% |
| 7 | Treasury (Cpi) Note 2.13% 15/04/2029 | — | 5.04% |
| 8 | Treasury (Cpi) Note 1.63% 15/10/2027 | — | 4.83% |
| 9 | Treasury (Cpi) Note 1.25% 15/04/2028 | — | 4.73% |
| 10 | Treasury (Cpi) Note 0.13% 15/07/2031 | — | 4.65% |

## 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 | 99.9% |
| Cash and derivatives | 0.1% |

### By type of asset

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

| Type of asset | Weight |
|---|---|
| Bonds | 99.9% |
| Cash and money market | 0.1% |

All 27 holdings: https://fundology.uk/fund/ti5g/holdings

## Questions people ask

**What is the ongoing charge of TI5G?**

The ongoing charge of TI5G 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. Platform and dealing fees are charged separately. Ongoing charge of iShares USD TIPS 0-5 UCITS ETF GBP 0.12% a year. Compared on 14/11/2026, 159 of the 311 other government bond funds charge more, 20 the same and 132 less (share classes counted once).

**What does TI5G track?**

TI5G tracks the ICE BofA US Treasury Inflation Linked Bond (0-5 Y).

**Is TI5G accumulating or distributing?**

TI5G 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 TI5G?**

The ISIN of TI5G is IE00BDZVHB89. An ISIN identifies one exact share class of a fund; TI5G is its ticker on the London Stock Exchange.

**What does TI5G hold?**

As of 06/11/2026, TI5G holds 25 positions, according to its published holdings. The largest is Treasury (Cpi) Note 1.13% 15/10/2030 at 5.56% of the fund; the ten largest make up 51.3%. Its ten largest holdings are Treasury (Cpi) Note 1.13% 15/10/2030 (5.56%), Treasury (Cpi) Note 0.13% 15/04/2027 (5.51%), Treasury (Cpi) Note 1.25% 15/04/2031 (5.37%), Treasury (Cpi) Note 1.63% 15/10/2029 (5.27%), Treasury (Cpi) Note 1.63% 15/04/2030 (5.23%), Treasury (Cpi) Note 2.38% 15/10/2028 (5.11%), Treasury (Cpi) Note 2.13% 15/04/2029 (5.04%), Treasury (Cpi) Note 1.63% 15/10/2027 (4.83%), Treasury (Cpi) Note 1.25% 15/04/2028 (4.73%) and Treasury (Cpi) Note 0.13% 15/07/2031 (4.65%).

**What were TI5G’s returns in each of the last five years?**

Calendar-year returns of TI5G in pounds (price only, income paid out not included): 2022 −4.0%, 2023 −1.6%, 2024 −2.1%, 2025 −0.3%; 2026 to 13/11/2026 −1.2%. Past performance is not a guide to future returns.

**How has TI5G done after inflation?**

Over the five years to 13/11/2026 TI5G’s total return was +12.2%, or −12.4% 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/295700/ishares-tips-0-5-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-tips-0-5-ucits-etf-gbp-hedged-dist-gb-ie00bdzvhb89-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/ti5g-ishares-tips-0-5-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.