iShares USD Ultrashort Bond UCITS ETF

ISIN IE00BCRY6227

 | 

Ticker ERNU

TER
0.09% p.a.
Distribution policy
Distributing
Replication
Sampling
Fund size
243 m
Holdings
598
 

Overview

Description

The iShares USD Ultrashort Bond UCITS ETF seeks to track the iBoxx® USD Liquid Investment Grade Ultrashort index. The iBoxx® USD Liquid Investment Grade Ultrashort index tracks US dollar denominated short maturity corporate bonds. Rating: Investment Grade. Time to maturity: 0-1 years (fixed rate) 0-3 years (floating rate).
 
The ETF's TER (total expense ratio) amounts to 0.09% p.a.. The iShares USD Ultrashort Bond UCITS ETF is the cheapest ETF that tracks the iBoxx® USD Liquid Investment Grade Ultrashort index. The ETF replicates the performance of the underlying index by sampling technique (buying a selection of the most relevant index constituents). The interest income (coupons) in the ETF is distributed to the investors (Semi annually).
 
The iShares USD Ultrashort Bond UCITS ETF has 243m GBP assets under management. The ETF was launched on 15 October 2013 and is domiciled in Ireland.
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Chart

Basics

Data

Fund size
GBP 243 m
Total expense ratio
0.09% p.a.
Replication Physical (Sampling)
Legal structure ETF
Strategy risk Long-only
Fund currency USD
Currency risk Currency unhedged
Volatility 1 year (in GBP)
7.10%
Inception/ Listing Date 15 October 2013
Distribution policy Distributing
Distribution frequency Semi annually
Fund domicile Ireland
Fund Provider iShares
Germany No tax rebate
Switzerland ESTV Reporting
Austria Tax Reporting Fund
UK UK Reporting
Indextype Total return index
Swap counterparty -
Collateral manager Bank of New York Mellon|Euroclear|JP Morgan|State Street Bank
Securities lending Yes
Securities lending counterparty Barclays Bank Plc|Barclays Capital Securities Ltd.|BNP Paribas Arbitrage SNC|BNP Paribas SA|Citigroup Global Markets Ltd|Citigroup Inc|Credit Suisse Securities (Europe) Ltd.|Deutsche Bank AG|Goldman Sachs International|HSBC Bank Plc|J.P. Morgan Securities Plc|JP Morgan Chase & Co|Macquarie Bank Limited|Merrill Lynch International|Morgan Stanley & Co. International Plc|Nomura International Plc|Skandinaviska Enskilda Banken AB|Societe Generale SA|The Bank of Nova Scotia|UBS AG

Similar ETFs

This section provides you with information on other ETFs with a similar investment focus to the iShares USD Ultrashort Bond UCITS ETF.
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How do you like our new ETF profile? Here you'll find our Questionnaire.

Holdings

Below you find information about the composition of the iShares USD Ultrashort Bond UCITS ETF.

Top 10 Holdings

Weight of top 10 holdings
out of 598
6.04%
US459200JY80
0.84%
US61747YEB74
0.82%
US00287YBZ16
0.59%
US85207UAH86
0.58%
US46625HJY71
0.56%
US38141GZP26
0.55%
US22546QAP28
0.53%
US097023DE26
0.53%
US38141GVM31
0.53%
US06051GFH74
0.51%

Countries

United States
59.85%
Canada
5.13%
United Kingdom
3.51%
Japan
3.21%
Other
28.30%
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Sectors

Other
100.00%
As of 31/01/2024

Performance

The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.

Returns overview

YTD +2.10%
1 month +0.94%
3 months +2.40%
6 months -0.85%
1 year +2.94%
3 years +18.48%
5 years +17.79%
Since inception (MAX) +51.33%
2023 -0.13%
2022 +13.66%
2021 +1.32%
2020 -1.95%

Monthly returns in a heat map

Dividends

Current dividend yield

Current dividend yield 4.91%
Dividends (last 12 months) GBP 3.94

Historic dividend yields

Period Dividend in GBP Dividend yield in %
1 Year GBP 3.94 4.81%
2023 GBP 3.94 4.77%
2022 GBP 1.28 1.73%
2021 GBP 0.35 0.48%
2020 GBP 1.21 1.59%

Dividend yield contribution

Monthly dividends in GBP

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 7.10%
Volatility 3 years 9.21%
Volatility 5 years 9.21%
Return per risk 1 year 0.41
Return per risk 3 years 0.63
Return per risk 5 years 0.36
Maximum drawdown 1 year -5.13%
Maximum drawdown 3 years -16.09%
Maximum drawdown 5 years -16.23%
Maximum drawdown since inception -16.23%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
gettex EUR IS3L -
-
-
-
-
Stuttgart Stock Exchange EUR IS3L -
-
-
-
-
Bolsa Mexicana de Valores MXN - ERNDN MM
ERNDN.MX
Euronext Amsterdam EUR ERND ERND NA
INAVRNDE
ERND.AS
X2CLINAV.DE
London Stock Exchange USD ERND ERND LN
INAVRNDU
ERND.L
X2CQINAV.DE
London Stock Exchange GBP ERNU ERNU LN
INAVRNDG
ERNU.L
X2CNINAV.DE
SIX Swiss Exchange CHF ERND ERND SE
INAVRNDC
ERND.S
X2CMINAV.DE
XETRA EUR IS3L IS3L GY
INAVRNDE
IS3L.DE
X2CLINAV.DE

Further information

Further ETFs on the iBoxx® USD Liquid Investment Grade Ultrashort index

Fund name Fund Size in m € (AuM) TER
in % p.a.
Distribution policy Replication method
iShares USD Ultrashort Bond UCITS ETF USD (Acc) 899 0.09% p.a. Accumulating Sampling

Frequently asked questions

What is the name of ERNU?

The name of ERNU is iShares USD Ultrashort Bond UCITS ETF.

What is the ticker of iShares USD Ultrashort Bond UCITS ETF?

The primary ticker of iShares USD Ultrashort Bond UCITS ETF is ERNU.

What is the ISIN of iShares USD Ultrashort Bond UCITS ETF?

The ISIN of iShares USD Ultrashort Bond UCITS ETF is IE00BCRY6227.

What are the costs of iShares USD Ultrashort Bond UCITS ETF?

The total expense ratio (TER) of iShares USD Ultrashort Bond UCITS ETF amounts to 0.09% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of iShares USD Ultrashort Bond UCITS ETF?

The fund size of iShares USD Ultrashort Bond UCITS ETF is 243m GBP. See the following article for more information about the size of ETFs.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.