# Invesco US Treasury Bond 0-1 Year UCITS ETF USD (TRIS) **Source:** https://fundology.uk/fund/tris · ISIN IE00BKWD3C98 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, TRIS (Invesco US Treasury Bond 0-1 Year UCITS ETF USD, ISIN IE00BKWD3C98) closed at £30.48 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the five years to 30/09/2026 its total return was +1.1%, or −20.9% after UK CPIH inflation. ## Summary 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. Latest close: **£30.48** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | TRIS | | ISIN | IE00BKWD3C98 | | Category | Cash-like & short-term | | Type | ETF | | Provider | Invesco | | Tracks | Bloomberg US Treasury Coupons Index - USD | | Income | Distributing | | Ongoing charge | 0.06% a year (£6 per £10,000) | | Fund size | £16.2m | | Launched | 2020 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +5.14% | +1.84% | income reinvested | | 3 years | +5.27% | -5.01% | income reinvested | | 5 years | +1.14% | -20.94% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year 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 +1.2%, 2025 −6.8%; 2026 to 30/09/2026 +1.4%. 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: +0.8%; to 30/09/2025: −0.5%; to 30/09/2024: −8.3%; to 30/09/2023: −8.7%; to 30/09/2022: +21.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +10.9% | +1.5% | Price | | 2023 | -5.2% | -9.0% | Price | | 2024 | +1.2% | -2.3% | Price | | 2025 | -6.8% | -10.0% | Price | | 2026 to 30/09/2026 | +1.4% | -1.4% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.84% | -4.85% | | 3 years | 6.70% | -11.61% | | 5 years | 7.78% | -20.10% | ## Largest fall Volatility of Invesco US Treasury Bond 0-1 Year UCITS ETF USD in pounds, annualised from weekly returns to 30/09/2026: 5.8% over 1 year, 6.7% over 3 years, 7.8% over 5 years. Largest fall in the price of Invesco US Treasury Bond 0-1 Year UCITS ETF USD since October 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 30/09/2026 the price of Invesco US Treasury Bond 0-1 Year UCITS ETF USD was 17.6% below its highest weekly close since October 2021 (23/09/2022), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco US Treasury Bond 0-1 Year UCITS ETF USD 0.06% a year, as of 01/10/2026: 26 of the 30 other cash-like and short-term funds charge more, 1 the same and 3 less (share classes counted once). ## 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 (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Invesco Markets II PLC - Invesco US Treasury Bond 0-1 Year UCITS ETF Hedged GBP | 0.13% | +3.5% | +13.4% | +6.6% | | Invesco US Treasury Bond 0-1 Year UCITS ETF Accum Shs USD | 0.06% | +5.1% | +5.3% | +1.1% | | Invesco US Treasury Bond 0-1 Year UCITS ETF USD (this fund) | 0.06% | +5.1% | +5.3% | +1.1% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.06%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | US Tsy N/B 1.5% 31/01/27 | 3.26% | | US Tsy N/B 4.25% 31/12/26 | 3.13% | | US Tsy N/B 3.875% 31/03/27 | 3.08% | | US Tsy N/B 3.75% 30/06/27 | 3.06% | | US Tsy N/B 3.75% 30/04/27 | 3.03% | | US Tsy N/B 3.875% 31/07/27 | 3.02% | | US Tsy N/B 4.125% 28/02/27 | 3.01% | | US Tsy N/B 4.125% 31/10/26 | 2.94% | | US Tsy N/B 3.625% 31/08/27 | 2.89% | | US Tsy N/B 3.875% 31/05/27 | 2.85% | All 50 holdings: https://fundology.uk/fund/tris/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.