# State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD (TSY3) **Page:** https://fundology.uk/fund/tsy3 · ISIN IE00BC7GZJ81 ## 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 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. ## Summary 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. Latest close: **£36.03** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | TSY3 | | ISIN | IE00BC7GZJ81 | | Also listed as | TRS3 (London Stock Exchange, US dollars), SYBW (Xetra, euros) | | Category | Government bonds | | Type | ETF | | Provider | SPDR | | Tracks | Bloomberg U.S. 1-3 Year Treasury Bond Index - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.18% a year (£18 per £10,000) | | Fund size | £56.9m | | Launched | 2013 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 27/08/2013 | ## Income and distributions > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 14/11/2026, the latest distribution of TSY3 was US$0.9227 per share: it went ex-dividend on 03/08/2026 and was paid on 17/08/2026. In the 12 months to 14/11/2026 TSY3 declared 2 distributions, together US$1.8555 per share. Latest distributions of TSY3 per share, as of 14/11/2026: | Ex-dividend date | Payment date | Amount per share | |---|---|---| | 03/08/2026 | 17/08/2026 | US$0.9227 | | 02/02/2026 | 17/02/2026 | US$0.9328 | | 04/08/2025 | 18/08/2025 | US$0.9626 | | 03/02/2025 | 18/02/2025 | US$1.0184 | | 02/08/2024 | 16/08/2024 | US$1.0293 | | 01/02/2024 | 15/02/2024 | US$0.9761 | | 01/08/2023 | 15/08/2023 | US$0.8376 | | 01/02/2023 | 15/02/2023 | 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 31/01/2014. ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +0.91% | -2.66% | income reinvested | | 3 years | +5.93% | -4.30% | income reinvested | | 5 years | +11.47% | -13.00% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year 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 CPIH inflation | Measured as | |---|---|---|---| | 2022 | +6.9% | -2.1% | Price | | 2023 | -4.6% | -8.4% | Price | | 2024 | +2.5% | -1.0% | Price | | 2025 | -6.9% | -10.1% | Price | | 2026 to 13/11/2026 | -1.0% | -4.2% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 6.50% | -6.15% | | 3 years | 6.80% | -12.27% | | 5 years | 7.52% | -20.01% | ## Largest fall 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. ## Charges compared with similar funds 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). ## 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 | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF AccumUSD | 0.08% | — | — | — | | State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF Shs USD (this fund) | 0.18% | +0.9% | +5.9% | +11.5% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.18%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds 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%. ### Top holdings Largest positions (as of 05/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | US Treasury N/B 4.5 05/31/2029 | — | 1.78% | | 2 | US Treasury N/B 4 05/31/2028 | — | 1.75% | | 3 | US Treasury N/B 4 07/31/2029 | — | 1.75% | | 4 | US Treasury N/B 4.25 07/31/2028 | — | 1.74% | | 5 | US Treasury N/B 3.625 08/31/2029 | — | 1.73% | | 6 | US Treasury N/B 4.125 06/30/2028 | — | 1.73% | | 7 | US Treasury N/B 4.125 10/31/2029 | — | 1.73% | | 8 | US Treasury N/B 3.375 02/29/2028 | — | 1.71% | | 9 | US Treasury N/B 3.75 04/30/2028 | — | 1.71% | | 10 | US Treasury N/B 3.875 03/31/2028 | — | 1.71% | The 95 holdings on record (of 97 reported): https://fundology.uk/fund/tsy3/holdings ## 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. ## Fund documents - [Fund page at State Street Global Advisors](https://www.ssga.com/uk/en_gb/intermediary/etfs/state-street-spdr-bloomberg-1-3-year-us-treasury-bond-ucits-etf-dist-sybw-gy) - [Key investor information document (KIID)](https://www.ssga.com/library-content/kiids?isin=IE00BC7GZJ81&documentType=kiid&country=uk&language=en_gb&ticker=sybw-gy) - [Factsheet](https://www.ssga.com/library-content/products/factsheets/etfs/emea/factsheet-emea-en_gb-sybw-gy.pdf) - Links checked 12/10/2026. --- 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.