# Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD (U03A)

**Source:** https://fundology.uk/fund/u03a · ISIN IE000SSFEUS3 · 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, U03A (Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD, ISIN IE000SSFEUS3) closed at $108.52 on the London Stock Exchange. Its ongoing charge is 0.07% a year (about £7 on £10,000). Over the year to 30/09/2026 its total return was +5.0%, or +1.7% after UK CPIH inflation.

## Summary

Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD is an exchange-traded fund (ETF) from iShares, launched in 2024. It tracks the ICE 0-3 Month US Treasury Securities Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.07% a year — about £7 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **$108.52** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | U03A |
| ISIN | IE000SSFEUS3 |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | ICE 0-3 Month US Treasury Securities Index |
| Income | Accumulating |
| Ongoing charge | 0.07% a year (£7 per £10,000) |
| Fund size | £1.1bn |
| Launched | 2024 |
| 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 | +5.00% | +1.71% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2025 −3.1%; 2026 to 30/09/2026 +4.5%. Returns of Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +4.3%; to 30/09/2025: +4.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | -3.1% | -6.4% | Price |
| 2026 to 30/09/2026 | +4.5% | +1.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.96% | -4.25% |

## Largest fall

Volatility of Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD in pounds, annualised from weekly returns to 30/09/2026: 6.0% over 1 year. Largest fall in the price of Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD since September 2024, in pounds: −9.4% from 17/01/2025 to 27/06/2025. The lowest 12-month return of Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) since September 2024 was −5.9% (12 months to 30/01/2026); the highest was +7.9% (12 months to 26/06/2026). On 30/09/2026 the price of Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD was 1.8% below its highest weekly close since September 2024 (17/01/2025), in pounds.

## Charges compared with similar funds

Ongoing charge of Ishares USD Treasury Bond 0-3 Month UCITS ETF AccumUSD 0.07% a year, as of 01/10/2026: 212 of the 274 other government bond funds charge more, 32 the same and 30 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.07%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 29/09/2026):

| Holding | Weight |
|---|---|
| Treasury Bill | 96.57% |
| Blk Ics USD Liq Agency Dis | 7.44% |

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.