ETF · Invesco
TRIS Invesco US Treasury Bond 0-1 Year UCITS ETF USD
ISIN IE00BKWD3C98London Stock Exchange: TRISInvesco Ltd.
- Cash-like & short-term
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£30.77
on
- Ongoing charge
- 0.06% a year
- Fund size
- £47.9m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, TRIS (Invesco US Treasury Bond 0-1 Year UCITS ETF USD, ISIN IE00BKWD3C98) closed at £30.77 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 price changed by +0.9% (income paid out is not included), or −21.3% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +2.8%
- −0.8% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +7.6%
- −2.8% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +0.9%
- −21.3% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,009 on 13/11/2026 — about £787 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) and worked out from recorded daily closes. 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 0-1 Year UCITS ETF USD in pounds (price only, income paid out not included): 2022 +10.9%, 2023 −5.2%, 2024 +2.7%, 2025 −8.0%; 2026 to 13/11/2026 +2.1%. Returns of Invesco US Treasury Bond 0-1 Year UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +1.1%; to 30/09/2025: −0.8%; to 30/09/2024: −8.3%; to 30/09/2023: −8.7%; to 30/09/2022: +20.3%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | +2.1% | −1.1% | |
| to | −8.0% | −11.2% | |
| to | +2.7% | −0.8% | |
| −5.2% | −9.0% | ||
| +10.9% | +1.5% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +1.1% | −2.5% |
| from | −0.8% | −4.7% |
| from | −8.3% | −10.7% |
| from | −8.7% | −14.2% |
| from | +20.3% | +10.6% |
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)
7.7%over 5 years
| 1 year | 5.7% |
|---|---|
| 3 years | 6.6% |
| 5 years | 7.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −20.1%
- From to
- Lowest 12-month return
- −10.8%
- 12 months to
- Highest 12-month return
- +23.7%
- 12 months to
- Below its highest weekly close since November 2021
- 16.9%
- High of , latest
In words: Volatility of Invesco US Treasury Bond 0-1 Year UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 5.7% over 1 year, 6.6% over 3 years, 7.7% over 5 years. Largest fall in the price of Invesco US Treasury Bond 0-1 Year UCITS ETF USD since November 2021, in pounds: −20.1% from 23/09/2022 to 27/06/2025. The lowest 12-month return of Invesco US Treasury Bond 0-1 Year UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −10.8% (12 months to 22/09/2023); the highest was +23.7% (12 months to 23/09/2022). On 13/11/2026 the price of Invesco US Treasury Bond 0-1 Year UCITS ETF USD was 16.9% below its highest weekly close since November 2021 (23/09/2022), 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
- 0.06%
- a year
- On £10,000
- £6
- a year, roughly
- Over five years
- £30
- of £10,000, before growth
- 5 charge less
- 2 the same
- 36 charge more
Ongoing charge of Invesco US Treasury Bond 0-1 Year UCITS ETF USD 0.06% a year. Compared on 14/11/2026, 36 of the 43 other cash-like and short-term funds charge more, 2 the same and 5 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 0-1 Year UCITS ETF USD is an exchange-traded fund (ETF) from Invesco, launched in 2020.
It tracks the Bloomberg US Treasury Coupons Index - USD.
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.
Cash-like & short-term: Very short-term loans and money-market funds that aim to follow interest rates with little price movement.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- TRIS
- ISIN
- IE00BKWD3C98
- Also listed as
- TREI (London Stock Exchange, US dollars), TRD1 (Xetra, euros)
- 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
- 0.06% a year · about £6 on £10,000
- Fund size
- £47.9m
- 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
- No
- Price currency
- Pounds (GBP)
- Category
- Cash-like & short-term
Price chart
Over the last year, the closing price went from £30.99 on 14/11/2025 to £30.77 on 13/11/2026 (−0.7%). The lowest close shown was £29.70 on 30/01/2026 and the highest £31.21 on 21/11/2025.
One close a week. Before 30/07/2026 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
261 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
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 49
- on record
- Ten largest
- 29.5%
- of the whole fund
- Effective number of holdings
- 43
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 3.2%
- US Tsy N/B 1.5% 31/01/27
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | US Tsy N/B 1.5% 31/01/27 | 3.18% |
| 2 | US Tsy N/B 4.25% 31/12/26 | 3.05% |
| 3 | US Tsy N/B 3.75% 30/04/27 | 3.03% |
| 4 | US Tsy N/B 3.5% 30/09/27 | 2.98% |
| 5 | US Tsy N/B 3.75% 30/06/27 | 2.90% |
| 6 | US Tsy N/B 3.875% 31/07/27 | 2.90% |
| 7 | US Tsy N/B 4.125% 28/02/27 | 2.90% |
| 8 | US Tsy N/B 3.5% 31/10/27 | 2.89% |
| 9 | US Tsy N/B 3.875% 31/03/27 | 2.88% |
| 10 | US Tsy N/B 3.875% 31/05/27 | 2.83% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By type of asset
- Bonds99.7%
- Cash and money market0.3%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 49 largest and what changed since .
All holdings
The fund publishes 49 holdings; the ten largest make up 29.5% 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
3 funds track Bloomberg US Treasury Coupons Index - USD, this one included and share classes counted once; their ongoing charges range from 0.06% to 0.13% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBPDistributing · Currency hedged · 0.13% a year | 0.13% | +3.5% | +13.2% | +7.1% |
| Invesco US Treasury Bond 0-1 Year UCITS ETFAccumulating · 0.06% a year | 0.06% | +2.8% | +7.6% | Not reported |
| Invesco US Treasury Bond 0-1 Year UCITS ETF USDThis fundDistributing · 0.06% a year | 0.06% | +2.8% | +7.6% | Not reported |
As of
Bloomberg US Treasury Coupons 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 253 rolling 12-month returns since January 2021, and of 149 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each 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.
Questions people ask
What is the ongoing charge of TRIS?
The ongoing charge of TRIS 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 0-1 Year UCITS ETF USD 0.06% a year. Compared on 14/11/2026, 36 of the 43 other cash-like and short-term funds charge more, 2 the same and 5 less (share classes counted once).
What does TRIS track?
TRIS tracks the Bloomberg US Treasury Coupons Index - USD.
Is TRIS accumulating or distributing?
TRIS 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 TRIS?
The ISIN of TRIS is IE00BKWD3C98. An ISIN identifies one exact share class of a fund; TRIS is its ticker on the London Stock Exchange. The same share class is also listed as TREI (London Stock Exchange, US dollars) and TRD1 (Xetra, euros).
What does TRIS hold?
As of 12/11/2026, TRIS holds 49 positions, according to its published holdings. The largest is US Tsy N/B 1.5% 31/01/27 at 3.18% of the fund; the ten largest make up 29.5%. Its ten largest holdings are US Tsy N/B 1.5% 31/01/27 (3.18%), US Tsy N/B 4.25% 31/12/26 (3.05%), US Tsy N/B 3.75% 30/04/27 (3.03%), US Tsy N/B 3.5% 30/09/27 (2.98%), US Tsy N/B 3.75% 30/06/27 (2.90%), US Tsy N/B 3.875% 31/07/27 (2.90%), US Tsy N/B 4.125% 28/02/27 (2.90%), US Tsy N/B 3.5% 31/10/27 (2.89%), US Tsy N/B 3.875% 31/03/27 (2.88%) and US Tsy N/B 3.875% 31/05/27 (2.83%).
What were TRIS’s returns in each of the last five years?
Calendar-year returns of TRIS in pounds (price only, income paid out not included): 2022 +10.9%, 2023 −5.2%, 2024 +2.7%, 2025 −8.0%; 2026 to 13/11/2026 +2.1%. Past performance is not a guide to future returns.
How has TRIS done after inflation?
Over the five years to 13/11/2026 TRIS’s price changed by +0.9% (income paid out is not included), or −21.3% 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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