ETF · SPDR
TRSX State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD
ISIN IE00BYSZ5T81London Stock Exchange: TRSXState Street Corp.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE$24.56
on
- Ongoing charge
- 0.05% a year
- Fund size
- £12.1m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, TRSX (State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD, ISIN IE00BYSZ5T81) closed at $24.56 on the London Stock Exchange. Its ongoing charge is 0.05% a year (about £5 on £10,000). Over the five years to 13/11/2026 its total return was −6.6%, or −27.1% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −3.3%
- −6.7% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +1.4%
- −8.4% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −6.6%
- −27.1% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £934 on 13/11/2026 — about £729 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 State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD in pounds (price only, income paid out not included): 2022 −6.1%, 2023 −4.9%, 2024 −1.5%, 2025 −4.2%; 2026 to 13/11/2026 −5.3%. Returns of State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.9%; to 30/09/2025: −2.0%; to 30/09/2024: −2.0%; to 30/09/2023: −14.4%; to 30/09/2022: +2.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −5.3% | −8.3% | |
| to | −4.2% | −7.5% | |
| to | −1.5% | −4.9% | |
| −4.9% | −8.7% | ||
| −6.1% | −14.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −5.9% | −9.2% |
| from | −2.0% | −5.8% |
| from | −2.0% | −4.5% |
| from | −14.4% | −19.5% |
| from | +2.4% | −5.9% |
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)
8.9%over 5 years
| 1 year | 6.4% |
|---|---|
| 3 years | 7.9% |
| 5 years | 8.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −23.3%
- From to
- Lowest 12-month return
- −14.9%
- 12 months to
- Highest 12-month return
- +3.9%
- 12 months to
- Below its highest weekly close since November 2021
- 22.0%
- High of , latest
In words: Volatility of State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD in pounds, annualised from weekly returns to 13/11/2026: 6.4% over 1 year, 7.9% over 3 years, 8.9% over 5 years. Largest fall in the price of State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD since November 2021, in pounds: −23.3% from 10/12/2021 to 11/09/2026. The lowest 12-month return of State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −14.9% (12 months to 18/08/2023); the highest was +3.9% (12 months to 13/05/2022). On 13/11/2026 the price of State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD was 22.0% below its highest weekly close since November 2021 (10/12/2021), 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
- 0.05%
- a year
- On £10,000
- £5
- a year, roughly
- Over five years
- £25
- of £10,000, before growth
- 0 charge less
- 12 the same
- 299 charge more
Ongoing charge of State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD 0.05% a year. Compared on 14/11/2026, 299 of the 311 other government bond funds charge more, 12 the same and 0 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
State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD is an exchange-traded fund (ETF) from SPDR, launched in 2016.
It tracks the Bloomberg U.S. 7-10 Year Treasury Bond Index - GBP - Benchmark TR Gross.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.05% a year — about £5 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.
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 incomeShare classISIN
Key facts
- Ticker
- TRSX
- ISIN
- IE00BYSZ5T81
- Also listed as
- SPP7 (Xetra, euros)
- Provider
- SPDR
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid semi-annual
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.05% a year · about £5 on £10,000
- Fund size
- £12.1m
- 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
- USD
- Category
- Government bonds
Income and distributions
As of , the latest distribution of TRSX was US$0.5437 per share: it went ex-dividend on and was paid on . In the 12 months to TRSX declared 2 distributions, together US$1.0708 per share.
- Latest distribution
- US$0.5437
- per share, ex-dividend
- 12 months to
- US$1.0708
- per share, from 2 distributions
| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| US$0.5437 | ||
| US$0.5271 | ||
| US$0.5258 | ||
| US$0.507 | ||
| US$0.473 | ||
| US$0.4367 | ||
| US$0.3962 | ||
| US$0.3185 |
Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 20 distributions are on record since .
As of
Price chart
Over the last year, the closing price went from $26.33 on 14/11/2025 to $24.56 on 13/11/2026 (−6.7%). The lowest close shown was $24.21 on 02/10/2026 and the highest $26.54 on 28/11/2025.
One close a week. Before 09/10/2026 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
262 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
- 14
- 16 reported in all
- Ten largest
- 83.7%
- of the whole fund
- Effective number of holdings
- 12
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.9%
- US Treasury N/B 4.625 02/15/2035
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | US Treasury N/B 4.625 02/15/2035United States | 8.88% |
| 2 | US Treasury N/B 4.25 05/15/2035United States | 8.74% |
| 3 | US Treasury N/B 4.25 08/15/2035United States | 8.65% |
| 4 | US Treasury N/B 4 11/15/2035United States | 8.52% |
| 5 | US Treasury N/B 4.25 05/15/2036United States | 8.47% |
| 6 | US Treasury N/B 4.375 05/15/2034United States | 8.20% |
| 7 | US Treasury N/B 4.25 11/15/2034United States | 8.15% |
| 8 | US Treasury N/B 4.625 08/15/2036United States | 8.08% |
| 9 | US Treasury N/B 4.5 11/15/2033United States | 8.06% |
| 10 | US Treasury N/B 4 02/15/2034United States | 7.98% |
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 14 largest and what changed since .
All holdings
The fund publishes 16 holdings; the ten largest make up 83.7% 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
2 funds track Bloomberg U.S. 7-10 Year Treasury Bond Index - GBP - Benchmark TR Gross, this one included and share classes counted once; their ongoing charges range from 0.05% to 0.06% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Blm. 7-10 Yr. US Trea. Bd. ETFAccumulating · 0.06% a year | 0.06% | Not reported | Not reported | Not reported |
| State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USDThis fundDistributing · 0.05% a year | 0.05% | −3.3% | +1.4% | −6.6% |
As of
Bloomberg U.S. 7-10 Year Treasury Bond 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 251 rolling 12-month returns since January 2021, and of 147 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 (156 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 TRSX?
The ongoing charge of TRSX is 0.05% a year — about £5 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 State Street SPDR Bloomberg 7-10 Year U.S. Treasury Bond UCITS ETF USD 0.05% a year. Compared on 14/11/2026, 299 of the 311 other government bond funds charge more, 12 the same and 0 less (share classes counted once).
What does TRSX track?
TRSX tracks the Bloomberg U.S. 7-10 Year Treasury Bond Index - GBP - Benchmark TR Gross.
Is TRSX accumulating or distributing?
TRSX is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
When does TRSX pay dividends?
TRSX pays its income out twice a year. In the 12 months to 14/11/2026 it went ex-dividend on 02/02/2026 and 03/08/2026. The latest distribution went ex-dividend on 03/08/2026 and was paid on 17/08/2026. Future dates are set and announced by the fund manager; distributions are not guaranteed and can change.
What is the ISIN of TRSX?
The ISIN of TRSX is IE00BYSZ5T81. An ISIN identifies one exact share class of a fund; TRSX is its ticker on the London Stock Exchange. The same share class is also listed as SPP7 (Xetra, euros).
What does TRSX hold?
As of 05/11/2026, TRSX holds 16 positions, according to its published holdings. The largest is US Treasury N/B 4.625 02/15/2035 at 8.88% of the fund; the ten largest make up 83.7%. Its ten largest holdings are US Treasury N/B 4.625 02/15/2035 (8.88%), US Treasury N/B 4.25 05/15/2035 (8.74%), US Treasury N/B 4.25 08/15/2035 (8.65%), US Treasury N/B 4 11/15/2035 (8.52%), US Treasury N/B 4.25 05/15/2036 (8.47%), US Treasury N/B 4.375 05/15/2034 (8.20%), US Treasury N/B 4.25 11/15/2034 (8.15%), US Treasury N/B 4.625 08/15/2036 (8.08%), US Treasury N/B 4.5 11/15/2033 (8.06%) and US Treasury N/B 4 02/15/2034 (7.98%).
What were TRSX’s returns in each of the last five years?
Calendar-year returns of TRSX in pounds (price only, income paid out not included): 2022 −6.1%, 2023 −4.9%, 2024 −1.5%, 2025 −4.2%; 2026 to 13/11/2026 −5.3%. Past performance is not a guide to future returns.
How has TRSX done after inflation?
Over the five years to 13/11/2026 TRSX’s total return was −6.6%, or −27.1% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
- Fund documents
- Fund page at State Street Global Advisors · Key investor information document (KIID) · Factsheet (links checked )
Methodology:ReturnsCategoriesAll methods
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