ETF · Invesco
TR7S Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged
ISIN IE00BF2GC043London Stock Exchange: TR7SInvesco Ltd.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
- GBP hedged
Latest close
LSE£34.66
on
- Ongoing charge
- 0.13% a year
- Fund size
- £18.6m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, TR7S (Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged, ISIN IE00BF2GC043) closed at £34.66 on the London Stock Exchange. Its ongoing charge is 0.13% a year (about £13 on £10,000). Over the five years to 13/11/2026 its total return was −1.3%, or −22.9% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −1.3%
- −4.8% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +9.8%
- −0.8% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −1.3%
- −22.9% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £987 on 13/11/2026 — about £771 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 Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged in pounds (price only, income paid out not included): 2022 −11.9%, 2023 −0.3%, 2024 −2.6%, 2025 +2.6%; 2026 to 13/11/2026 −4.5%. Returns of Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.6%; to 30/09/2025: −1.0%; to 30/09/2024: +4.3%; to 30/09/2023: −3.5%; to 30/09/2022: −12.9%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −4.5% | −7.5% | |
| to | +2.6% | −0.9% | |
| to | −2.6% | −5.9% | |
| −0.3% | −4.3% | ||
| −11.9% | −19.3% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −5.6% | −8.9% |
| from | −1.0% | −4.8% |
| from | +4.3% | +1.7% |
| from | −3.5% | −9.3% |
| from | −12.9% | −20.0% |
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)
5.2%over 5 years
| 1 year | 4.2% |
|---|---|
| 3 years | 4.8% |
| 5 years | 5.2% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −17.3%
- From to
- Lowest 12-month return
- −14.0%
- 12 months to
- Highest 12-month return
- +4.3%
- 12 months to
- Below its highest weekly close since November 2021
- 16.6%
- High of , latest
In words: Volatility of Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged in pounds, annualised from weekly returns to 13/11/2026: 4.2% over 1 year, 4.8% over 3 years, 5.2% over 5 years. Largest fall in the price of Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged since November 2021, in pounds: −17.3% from 03/12/2021 to 02/10/2026. The lowest 12-month return of Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged in pounds (price only, income paid out not included) since January 2021 was −14.0% (12 months to 04/11/2022); the highest was +4.3% (12 months to 27/09/2024). On 13/11/2026 the price of Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged was 16.6% 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
- 0.13%
- a year
- On £10,000
- £13
- a year, roughly
- Over five years
- £65
- of £10,000, before growth
- 153 charge less
- 7 the same
- 151 charge more
Ongoing charge of Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged 0.13% a year. Compared on 14/11/2026, 151 of the 311 other government bond funds charge more, 7 the same and 153 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
Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged is an exchange-traded fund (ETF) from Invesco, launched in 2019.
It tracks the Bloomberg US Treasury (3-7 Y).
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.13% a year — about £13 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.
Government bonds: Loans to governments, such as UK gilts and US Treasuries. They pay interest; their prices move when interest rates change.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- TR7S
- ISIN
- IE00BF2GC043
- Provider
- Invesco
- 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
- 0.13% a year · about £13 on £10,000
- Fund size
- £18.6m
- 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 pounds
- Price currency
- Pounds (GBP)
- Category
- Government bonds
Price chart
Over the last year, the closing price went from £36.50 on 14/11/2025 to £34.66 on 13/11/2026 (−5.0%). The lowest close shown was £34.39 on 02/10/2026 and the highest £36.81 on 27/02/2026.
One close a week. Before 27/07/2026 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
256 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
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How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 89
- on record
- Ten largest
- 19.4%
- of the whole fund
- Effective number of holdings
- 78
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 2.0%
- US Tsy N/B 3.875% 15/08/33
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | US Tsy N/B 3.875% 15/08/33 | 2.05% |
| 2 | US Tsy N/B 4% 28/02/30 | 2.05% |
| 3 | US Tsy N/B 0.875% 15/11/30 | 1.99% |
| 4 | US Tsy N/B 2.875% 15/05/32 | 1.95% |
| 5 | US Tsy N/B 4.125% 15/11/32 | 1.94% |
| 6 | US Tsy N/B 1.25% 15/08/31 | 1.92% |
| 7 | US Tsy N/B 3.375% 15/05/33 | 1.89% |
| 8 | US Tsy N/B 1.375% 15/11/31 | 1.88% |
| 9 | US Tsy N/B 1.875% 15/02/32 | 1.87% |
| 10 | US Tsy N/B 1.625% 15/05/31 | 1.84% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 89 largest and what changed since .
All holdings
The fund publishes 89 holdings; the ten largest make up 19.4% of it.
Create a free account to see the full holdings list
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
7 funds track Bloomberg US Treasury (3-7 Y), this one included and share classes counted once; their ongoing charges range from 0.05% to 0.15% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi US Treasury Bond 3-7Y UCITS ETF -Monthly Hedged to GBP - Dist- DistributionDistributing · Currency hedged · 0.06% a year | 0.06% | −4.4% | +1.9% | Not reported |
| Invesco US Treasury Bond 3-7 Year UCITS ETFDistributing · 0.06% a year | 0.06% | −1.9% | +4.7% | +2.8% |
| Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSDAccumulating · 0.06% a year | 0.06% | −1.9% | Not reported | Not reported |
| Invesco US Treasury Bond 3-7 Year UCITS ETF GBP HedgedThis fundDistributing · Currency hedged · 0.13% a year | 0.13% | −1.3% | +9.8% | −1.3% |
| Amundi US Treasury Bond 3-7Y UCITS ETF -Dist- DistributionDistributing · 0.06% a year | 0.06% | −2.0% | +4.6% | +2.7% |
| Blmb. 3-7 Year U.S. Tre. Bd. Accum USDAccumulating · 0.05% a year | 0.05% | Not reported | Not reported | Not reported |
| State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USDDistributing · 0.15% a year | 0.15% | −1.5% | +2.6% | +2.7% |
As of
Bloomberg US Treasury (3-7 Y) funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
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 246 rolling 12-month returns since January 2021, and of 142 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 (148 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 TR7S?
The ongoing charge of TR7S is 0.13% a year — about £13 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 3-7 Year UCITS ETF GBP Hedged 0.13% a year. Compared on 14/11/2026, 151 of the 311 other government bond funds charge more, 7 the same and 153 less (share classes counted once).
What does TR7S track?
TR7S tracks the Bloomberg US Treasury (3-7 Y).
Is TR7S accumulating or distributing?
TR7S 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 TR7S?
The ISIN of TR7S is IE00BF2GC043. An ISIN identifies one exact share class of a fund; TR7S is its ticker on the London Stock Exchange.
What does TR7S hold?
As of 12/11/2026, TR7S holds 89 positions, according to its published holdings. The largest is US Tsy N/B 3.875% 15/08/33 at 2.05% of the fund; the ten largest make up 19.4%. Its ten largest holdings are US Tsy N/B 3.875% 15/08/33 (2.05%), US Tsy N/B 4% 28/02/30 (2.05%), US Tsy N/B 0.875% 15/11/30 (1.99%), US Tsy N/B 2.875% 15/05/32 (1.95%), US Tsy N/B 4.125% 15/11/32 (1.94%), US Tsy N/B 1.25% 15/08/31 (1.92%), US Tsy N/B 3.375% 15/05/33 (1.89%), US Tsy N/B 1.375% 15/11/31 (1.88%), US Tsy N/B 1.875% 15/02/32 (1.87%) and US Tsy N/B 1.625% 15/05/31 (1.84%).
What were TR7S’s returns in each of the last five years?
Calendar-year returns of TR7S in pounds (price only, income paid out not included): 2022 −11.9%, 2023 −0.3%, 2024 −2.6%, 2025 +2.6%; 2026 to 13/11/2026 −4.5%. Past performance is not a guide to future returns.
How has TR7S done after inflation?
Over the five years to 13/11/2026 TR7S’s total return was −1.3%, or −22.9% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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