TER
0.09% p.a.
Distribution policy
Accumulating
Replication
Sampling
Fund size
594 m
Holdings
615
Overview
Description
The iShares EUR Ultrashort Bond UCITS ETF EUR (Acc) seeks to track the Markit iBoxx EUR Liquid Investment Grade Ultrashort index. The Markit iBoxx EUR Liquid Investment Grade Ultrashort index tracks Euro denominated short maturity corporate bonds. Rating: Investment Grade. Time to maturity: 0-1 years (fixed rate) 0-3 years (floating rate).
Documents
Chart
Basics
Data
| Index | Markit iBoxx EUR Liquid Investment Grade Ultrashort |
| Investment focus | Bonds, EUR, World, Corporate, 0-3 |
| Fund size | GBP 594 m |
| Total expense ratio | 0.09% p.a. |
| Replication | Physical (Sampling) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | EUR |
| Currency risk | Currency unhedged |
| Volatility 1 year (in GBP) | 4.25% |
| Inception/ Listing Date | 27 April 2022 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Ireland |
| Fund Provider | iShares |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | State Street Fund Services (Ireland) Limited |
| Investment Advisor | |
| Custodian Bank | State Street Custodial Services (Ireland) Limited |
| Revision Company | Deloitte |
| Fiscal Year End | 31 May |
| Swiss representative | BlackRock Asset Management Schweiz AG |
| Swiss paying agent | State Street Bank International GmbH, Munich, Zurich Branch |
| Germany | Unknown |
| Switzerland | Unknown |
| Austria | Unknown |
| 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 EUR Ultrashort Bond UCITS ETF EUR (Acc).
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Holdings
Below you find information about the composition of the iShares EUR Ultrashort Bond UCITS ETF EUR (Acc).
Top 10 Holdings
Weight of top 10 holdings
out of 615
12.75%
| IE00B9346255 | 8.33% |
| XS0525602339 | 0.68% |
| XS2577740157 | 0.51% |
| FR001400F315 | 0.49% |
| XS2149207354 | 0.48% |
| XS2575952341 | 0.48% |
| FR001400N9V5 | 0.46% |
| XS2719281227 | 0.45% |
| FR001400GDG7 | 0.44% |
| XS2577030708 | 0.43% |
Countries
| France | 16.92% |
| United States | 15.65% |
| Netherlands | 12.91% |
| Germany | 8.98% |
| Other | 45.54% |
Sectors
| Other | 100.00% |
As of 30/09/2024
Performance
Returns overview
| YTD | -0.22% |
| 1 month | +0.90% |
| 3 months | -0.88% |
| 6 months | -0.22% |
| 1 year | -0.44% |
| 3 years | - |
| 5 years | - |
| Since inception (MAX) | +6.41% |
| 2023 | +1.35% |
| 2022 | - |
| 2021 | - |
| 2020 | - |
Monthly returns in a heat map
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%.
Risk overview
| Volatility 1 year | 4.25% |
| Volatility 3 years | - |
| Volatility 5 years | - |
| Return per risk 1 year | -0.10 |
| Return per risk 3 years | - |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | -2.85% |
| Maximum drawdown 3 years | - |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | -4.68% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| gettex | EUR | ERNX | - - | - - | - |
| Bolsa Mexicana de Valores | MXN | - | ERNXN MM | ERNXN.MX | |
| XETRA | EUR | ERNX | ERNX GY INAVERN1 | ERNX.DE IYL5EUR=INAV |
Further information
Further ETFs on the Markit iBoxx EUR Liquid Investment Grade Ultrashort index
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| iShares EUR Ultrashort Bond UCITS ETF EUR (Dist) | 2,885 | 0.09% p.a. | Distributing | Sampling |
Frequently asked questions
What is the name of ERNX?
The name of ERNX is iShares EUR Ultrashort Bond UCITS ETF EUR (Acc).
What is the ticker of iShares EUR Ultrashort Bond UCITS ETF EUR (Acc)?
The primary ticker of iShares EUR Ultrashort Bond UCITS ETF EUR (Acc) is ERNX.
What is the ISIN of iShares EUR Ultrashort Bond UCITS ETF EUR (Acc)?
The ISIN of iShares EUR Ultrashort Bond UCITS ETF EUR (Acc) is IE000RHYOR04.
What are the costs of iShares EUR Ultrashort Bond UCITS ETF EUR (Acc)?
The total expense ratio (TER) of iShares EUR Ultrashort Bond UCITS ETF EUR (Acc) 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 EUR Ultrashort Bond UCITS ETF EUR (Acc)?
The fund size of iShares EUR Ultrashort Bond UCITS ETF EUR (Acc) is 594m GBP. See the following article for more information about the size of ETFs.
— 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.