ETF · SPDR
TSY3 State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD
ISIN IE00BC7GZJ81London Stock Exchange: TSY3State Street Corp.
- Government bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£36.03
on
- Ongoing charge
- 0.18% a year
- Fund size
- £56.9m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, TSY3 (State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD, ISIN IE00BC7GZJ81) closed at £36.03 on the London Stock Exchange. Its ongoing charge is 0.18% a year (about £18 on £10,000). Over the five years to 13/11/2026 its total return was +11.5%, or −13.0% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- +0.9%
- −2.7% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +5.9%
- −4.3% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +11.5%
- −13.0% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,115 on 13/11/2026 — about £870 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 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD in pounds (price only, income paid out not included): 2022 +6.9%, 2023 −4.6%, 2024 +2.5%, 2025 −6.9%; 2026 to 13/11/2026 −1.0%. Returns of State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −1.3%; to 30/09/2025: −0.4%; to 30/09/2024: −6.7%; to 30/09/2023: −9.5%; to 30/09/2022: +14.7%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −1.0% | −4.2% | |
| to | −6.9% | −10.1% | |
| to | +2.5% | −1.0% | |
| −4.6% | −8.4% | ||
| +6.9% | −2.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −1.3% | −4.8% |
| from | −0.4% | −4.3% |
| from | −6.7% | −9.1% |
| from | −9.5% | −14.9% |
| from | +14.7% | +5.4% |
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)
7.5%over 5 years
| 1 year | 6.5% |
|---|---|
| 3 years | 6.8% |
| 5 years | 7.5% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −20.0%
- From to
- Lowest 12-month return
- −11.6%
- 12 months to
- Highest 12-month return
- +17.9%
- 12 months to
- Below its highest weekly close since November 2021
- 17.6%
- High of , latest
In words: Volatility of State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD in pounds, annualised from weekly returns to 13/11/2026: 6.5% over 1 year, 6.8% over 3 years, 7.5% over 5 years. Largest fall in the price of State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD since November 2021, in pounds: −20.0% from 23/09/2022 to 21/08/2026. The lowest 12-month return of State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD in pounds (price only, income paid out not included) since January 2021 was −11.6% (12 months to 22/09/2023); the highest was +17.9% (12 months to 23/09/2022). On 13/11/2026 the price of State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD was 17.6% 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
- 0.18%
- a year
- On £10,000
- £18
- a year, roughly
- Over five years
- £90
- of £10,000, before growth
- 214 charge less
- 4 the same
- 93 charge more
Ongoing charge of State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD 0.18% a year. Compared on 14/11/2026, 93 of the 311 other government bond funds charge more, 4 the same and 214 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD is an exchange-traded fund (ETF) from SPDR, launched in 2013.
It tracks the Bloomberg U.S. 1-3 Year Treasury Bond Index - Benchmark TR Net.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.18% a year — about £18 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
- TSY3
- ISIN
- IE00BC7GZJ81
- Also listed as
- TRS3 (London Stock Exchange, US dollars), SYBW (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
- 0.18% a year · about £18 on £10,000
- Fund size
- £56.9m
- 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
- Government bonds
Income and distributions
As of , the latest distribution of TSY3 was US$0.9227 per share: it went ex-dividend on and was paid on . In the 12 months to TSY3 declared 2 distributions, together US$1.8555 per share.
- Latest distribution
- US$0.9227
- per share, ex-dividend
- 12 months to
- US$1.8555
- per share, from 2 distributions
| Ex-dividend date | Payment date | Amount per share |
|---|---|---|
| US$0.9227 | ||
| US$0.9328 | ||
| US$0.9626 | ||
| US$1.0184 | ||
| US$1.0293 | ||
| US$0.9761 | ||
| US$0.8376 | ||
| US$0.6089 |
TSY3 declares its distributions in US dollars; what reaches an account in pounds depends on the exchange rate the platform uses.
Distributions are not guaranteed: they can rise, fall or stop. Future dates are set and announced by the fund manager. 25 distributions are on record since .
As of
Price chart
Over the last year, the closing price went from £36.96 on 14/11/2025 to £36.03 on 13/11/2026 (−2.5%). The lowest close shown was £34.96 on 21/08/2026 and the highest £37.25 on 21/11/2025.
One close a week. Before 28/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Weeks missing from our record are filled from the same history. 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
- 95
- 97 reported in all
- Ten largest
- 17.3%
- of the whole fund
- Effective number of holdings
- 81
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 1.8%
- US Treasury N/B 4.5 05/31/2029
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | US Treasury N/B 4.5 05/31/2029United States | 1.78% |
| 2 | US Treasury N/B 4 05/31/2028United States | 1.75% |
| 3 | US Treasury N/B 4 07/31/2029United States | 1.75% |
| 4 | US Treasury N/B 4.25 07/31/2028United States | 1.74% |
| 5 | US Treasury N/B 3.625 08/31/2029United States | 1.73% |
| 6 | US Treasury N/B 4.125 06/30/2028United States | 1.73% |
| 7 | US Treasury N/B 4.125 10/31/2029United States | 1.73% |
| 8 | US Treasury N/B 3.375 02/29/2028United States | 1.71% |
| 9 | US Treasury N/B 3.75 04/30/2028United States | 1.71% |
| 10 | US Treasury N/B 3.875 03/31/2028United States | 1.71% |
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 95 largest and what changed since .
All holdings
The fund publishes 97 holdings; the ten largest make up 17.3% 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. 1-3 Year Treasury Bond Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.08% to 0.18% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF AccumUSDAccumulating · 0.08% a year | 0.08% | Not reported | Not reported | Not reported |
| State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USDThis fundDistributing · 0.18% a year | 0.18% | +0.9% | +5.9% | +11.5% |
As of
Bloomberg U.S. 1-3 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 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.
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 (154 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 TSY3?
The ongoing charge of TSY3 is 0.18% a year — about £18 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 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD 0.18% a year. Compared on 14/11/2026, 93 of the 311 other government bond funds charge more, 4 the same and 214 less (share classes counted once).
What does TSY3 track?
TSY3 tracks the Bloomberg U.S. 1-3 Year Treasury Bond Index - Benchmark TR Net.
Is TSY3 accumulating or distributing?
TSY3 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.
When does TSY3 pay dividends?
TSY3 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 TSY3?
The ISIN of TSY3 is IE00BC7GZJ81. An ISIN identifies one exact share class of a fund; TSY3 is its ticker on the London Stock Exchange. The same share class is also listed as TRS3 (London Stock Exchange, US dollars) and SYBW (Xetra, euros).
What does TSY3 hold?
As of 05/11/2026, TSY3 holds 97 positions, according to its published holdings. The largest is US Treasury N/B 4.5 05/31/2029 at 1.78% of the fund; the ten largest make up 17.3%. Its ten largest holdings are US Treasury N/B 4.5 05/31/2029 (1.78%), US Treasury N/B 4 05/31/2028 (1.75%), US Treasury N/B 4 07/31/2029 (1.75%), US Treasury N/B 4.25 07/31/2028 (1.74%), US Treasury N/B 3.625 08/31/2029 (1.73%), US Treasury N/B 4.125 06/30/2028 (1.73%), US Treasury N/B 4.125 10/31/2029 (1.73%), US Treasury N/B 3.375 02/29/2028 (1.71%), US Treasury N/B 3.75 04/30/2028 (1.71%) and US Treasury N/B 3.875 03/31/2028 (1.71%).
What were TSY3’s returns in each of the last five years?
Calendar-year returns of TSY3 in pounds (price only, income paid out not included): 2022 +6.9%, 2023 −4.6%, 2024 +2.5%, 2025 −6.9%; 2026 to 13/11/2026 −1.0%. Past performance is not a guide to future returns.
How has TSY3 done after inflation?
Over the five years to 13/11/2026 TSY3’s total return was +11.5%, or −13.0% 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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