# Invesco US Treasury Bond 1-3 Year UCITS ETF (TR3G)

**Page:** https://fundology.uk/fund/tr3g · ISIN IE00BF2FNG46

## 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, TR3G (Invesco US Treasury Bond 1-3 Year UCITS ETF, ISIN IE00BF2FNG46) closed at £28.91 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the five years to 13/11/2026 its total return was +11.8%, or −12.8% after UK CPIH inflation.

## Summary

Invesco US Treasury Bond 1-3 Year UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2019. It tracks the Bloomberg US Treasury (1-3Y). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.06% a year — about £6 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: **£28.91** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | TR3G |
| ISIN | IE00BF2FNG46 |
| Also listed as | TRE3 (London Stock Exchange, US dollars), TRD3 (Xetra, euros) |
| Category | Government bonds |
| Type | ETF |
| Provider | Invesco |
| Tracks | Bloomberg US Treasury (1-3Y) |
| Income | Distributing |
| Ongoing charge | 0.06% a year (£6 per £10,000) |
| Fund size | £90.9m |
| Launched | 2019 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 11/01/2019 |

## 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 | +0.90% | -2.68% | income reinvested |
| 3 years | +5.96% | -4.26% | income reinvested |
| 5 years | +11.76% | -12.76% | income reinvested |

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

## Calendar-year returns

Calendar-year returns of Invesco US Treasury Bond 1-3 Year UCITS ETF in pounds (price only, income paid out not included): 2022 +5.6%, 2023 −5.5%, 2024 +2.3%, 2025 −7.1%; 2026 to 13/11/2026 +0.3%. Returns of Invesco US Treasury Bond 1-3 Year UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −0.8%; to 30/09/2025: −0.9%; to 30/09/2024: −6.9%; to 30/09/2023: −10.0%; to 30/09/2022: +14.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +5.6% | -3.3% | Price |
| 2023 | -5.5% | -9.3% | Price |
| 2024 | +2.3% | -1.2% | Price |
| 2025 | -7.1% | -10.3% | Price |
| 2026 to 13/11/2026 | +0.3% | -2.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.52% | -5.75% |
| 3 years | 6.37% | -11.10% |
| 5 years | 7.40% | -20.47% |

## Largest fall

Volatility of Invesco US Treasury Bond 1-3 Year UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 5.5% over 1 year, 6.4% over 3 years, 7.4% over 5 years. Largest fall in the price of Invesco US Treasury Bond 1-3 Year UCITS ETF since November 2021, in pounds: −20.5% from 23/09/2022 to 11/09/2026. The lowest 12-month return of Invesco US Treasury Bond 1-3 Year UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −12.1% (12 months to 22/09/2023); the highest was +17.2% (12 months to 23/09/2022). On 13/11/2026 the price of Invesco US Treasury Bond 1-3 Year UCITS ETF was 18.3% below its highest weekly close since November 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of Invesco US Treasury Bond 1-3 Year UCITS ETF 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).

## Funds tracking the same index

7 funds track Bloomberg US Treasury (1-3Y), this one included and share classes counted once; their ongoing charges range from 0.06% to 0.13% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi US Treasury Bond 1-3Y UCITS ETF -Dist- Distribution | 0.07% | +0.8% | +5.8% | +11.5% |
| Amundi US Treasury Bond 1-3Y UCITS ETF -Monthly Hedged to GBP- Distribution | 0.06% | -1.4% | +2.9% | — |
| Invesco US Treasury Bond 1-3 Year UCITS ETF (this fund) | 0.06% | +0.9% | +6.0% | +11.8% |
| Invesco US Treasury Bond 1-3 Year UCITS ETF AccumUSD | 0.06% | +0.9% | — | — |
| Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hedged | 0.10% | +1.6% | +11.4% | +8.1% |
| Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF -USD | 0.13% | +0.6% | — | — |
| Vanguard U.S. Treasury 1-3 Year Bond UCITS ETF Accum Shs - USD | 0.13% | +0.6% | — | — |

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

## Charges & eligibility

- Ongoing charges figure (OCF): **0.06%** per year (as of 13/11/2026)
- 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 12/11/2026, TR3G holds 96 positions, according to its published holdings. The largest is US Tsy N/B 3.5% 31/01/28 at 2.26% of the fund; the ten largest make up 14.9%.

### Top holdings

Largest positions (as of 12/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | US Tsy N/B 3.5% 31/01/28 | — | 2.26% |
| 2 | US Tsy N/B 4.75% 30/09/28 | — | 1.44% |
| 3 | US Tsy N/B 4% 31/05/28 | — | 1.42% |
| 4 | US Tsy N/B 4.125% 30/06/28 | — | 1.42% |
| 5 | US Tsy N/B 4.625% 30/04/29 | — | 1.42% |
| 6 | US Tsy N/B 4% 31/07/29 | — | 1.41% |
| 7 | US Tsy N/B 4.25% 31/07/28 | — | 1.40% |
| 8 | US Tsy N/B 3.375% 31/12/27 | — | 1.39% |
| 9 | US Tsy N/B 3.625% 31/08/29 | — | 1.39% |
| 10 | US Tsy N/B 4.125% 31/10/29 | — | 1.39% |

All 96 holdings: https://fundology.uk/fund/tr3g/holdings

## Questions people ask

**What is the ongoing charge of TR3G?**

The ongoing charge of TR3G is 0.06% a year — about £6 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 Invesco US Treasury Bond 1-3 Year UCITS ETF 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).

**What does TR3G track?**

TR3G tracks the Bloomberg US Treasury (1-3Y).

**Is TR3G accumulating or distributing?**

TR3G 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 TR3G?**

The ISIN of TR3G is IE00BF2FNG46. An ISIN identifies one exact share class of a fund; TR3G is its ticker on the London Stock Exchange. The same share class is also listed as TRE3 (London Stock Exchange, US dollars) and TRD3 (Xetra, euros).

**What does TR3G hold?**

As of 12/11/2026, TR3G holds 96 positions, according to its published holdings. The largest is US Tsy N/B 3.5% 31/01/28 at 2.26% of the fund; the ten largest make up 14.9%. Its ten largest holdings are US Tsy N/B 3.5% 31/01/28 (2.26%), US Tsy N/B 4.75% 30/09/28 (1.44%), US Tsy N/B 4% 31/05/28 (1.42%), US Tsy N/B 4.125% 30/06/28 (1.42%), US Tsy N/B 4.625% 30/04/29 (1.42%), US Tsy N/B 4% 31/07/29 (1.41%), US Tsy N/B 4.25% 31/07/28 (1.40%), US Tsy N/B 3.375% 31/12/27 (1.39%), US Tsy N/B 3.625% 31/08/29 (1.39%) and US Tsy N/B 4.125% 31/10/29 (1.39%).

**What were TR3G’s returns in each of the last five years?**

Calendar-year returns of TR3G in pounds (price only, income paid out not included): 2022 +5.6%, 2023 −5.5%, 2024 +2.3%, 2025 −7.1%; 2026 to 13/11/2026 +0.3%. Past performance is not a guide to future returns.

**How has TR3G done after inflation?**

Over the five years to 13/11/2026 TR3G’s total return was +11.8%, or −12.8% after UK CPIH inflation. Past performance is not a guide to future returns.

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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.