iShares € Ultrashort Bond UCITS ETF

IE00BCRY6557Traded as ERNE · ERN1 · IS3METFEURDistributingFigures as of October 19, 2026

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EUR High-Grade Bond, Limited Duration

RiskLowConcentrationDiversifiedRegionGlobalCreditHighRate sensitivityLimited

iShares € Ultrashort Bond UCITS ETF is a eur high-grade bond, limited duration ETF from iShares with a total expense ratio of 0.09% and a risk indicator of 1 on the 1–7 scale. Its ten largest positions weigh 4.3% of the portfolio, which FundFacts classifies as diversified. Regional focus: Global.

Key facts

TER0.09%

Fund sizeEUR 3.4bn

InceptionOctober 16, 2013

Holdings703

Asset classFixed income

BenchmarkiBoxx EUR Liquid Investment Grade Ultrashort Index (EUR)

Risk indicator (SRRI)

Lower risk · lower rewardHigher risk · higher reward

Volatility 3y0.29%

Sharpe 3y1.87

Max drawdown-0.0%

Investment objective

The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the iBoxx EUR Liquid Investment Grade Ultrashort Index, the Fund’s benchmark index (Index).

Fund details

ISIN	IE00BCRY6557
Fund house	iShares
Structure	ETF
Share class currency	EUR
Distribution policy	Distributing
Domicile	Ireland
Launch date	October 16, 2013
Benchmark	iBoxx EUR Liquid Investment Grade Ultrashort Index (EUR)
Replication	Physical
Asset class	Fixed income
Fund size	EUR 3.4bn
Number of holdings	703
Equity / bond split	0 / 98
Yield to maturity	3.21%
Effective duration	0.4
Average credit rating	A

Fees and costs

Total expense ratio (TER)	0.09%
Ongoing charges	0.09%
Transaction costs	0.02%
Entry charge	0.00%
Exit charge	0.00%
Performance fee	0.00%
Reduction in yield, 1 year	0.10%
Reduction in yield, holding period	0.10%
Recommended holding period	3 years

Costs over time

Example investment	10,000 EUR
Total costs if you exit after 1 year	EUR 10
Total costs if you exit after 3 years (recommended holding period)	EUR 30

Computed from the KID's annual cost impact (0.10% if you exit after 1 year, 0.10% per year over 3 years) on an investment of 10,000 EUR: the annual figure multiplied by the years held, an approximation that ignores compounding and the growth the KID assumes. Calculate for another amount or period

Exchange listings

Exchange	MIC	Ticker	Trading currency
London Stock Exchange	`XLON`	ERN1	GBP
London Stock Exchange	`XLON`	ERNE	EUR
Xetra	`XETR`	IS3M	EUR
Euronext Amsterdam	`XAMS`	ERNE	EUR
SIX Swiss Exchange	`XSWX`	ERNE	CHF

From the instrument lists of the London Stock Exchange, SIX Swiss Exchange, Xetra (shared with Börse Frankfurt) and Euronext, reloaded weekly; other venues from the OpenFIGI tickers of loaded funds, without a trading currency. One share class has one ticker per venue and trading currency.

Growth of 100 since inception

Fund113iBoxx EUR Liquid Investment Grade Ultrashort Index (EUR)113

2013-09 → 2026-10 · rebased to 100

Computed from the NAV history the issuer publishes, monthly observations, rebased to 100 at the first point.

Calendar-year returns

Fund iBoxx EUR Liquid Investment Grade Ultrashort Index (EUR)

Annualised returns

Period	Fund	Index	Diff
1 Year	+2.24%	+2.29%	−0.05%
3 Years p.a.	+3.14%	+3.13%	+0.01%
5 Years p.a.	+2.30%	+2.30%	0.00%
10 Years p.a.	+1.10%	+1.12%	−0.02%
Since Inception	+0.92%	+0.95%	−0.03%

Largest sectors

Banking37.1%
Consumer Cyclical8.2%
Capital Goods6.2%
Consumer Non-Cyclical5.5%
Healthcare5.4%
Communications5.4%
Owned No Guarantee3.9%
Other3.5%
Electric2.7%
Local Government No Guarantee2.7%

Largest countries

United States18.2%
France15.6%
Germany13.6%
United Kingdom7.2%
Spain5.3%
Netherlands5.0%
Italy5.0%
Canada4.9%
Other4.6%
Sweden4.3%

Concentration

Top 10 weight 4.3% — diversified

01DEUTSCHE BANK AG MTN RegS0.54%
02VOLKSWAGEN INTERNATIONAL FINANCE N RegS0.51%
03AT&T INC MTN0.45%
04BANQUE FEDERATIVE DU CREDIT MUTUEL MTN RegS0.41%
05WELLS FARGO & COMPANY MTN RegS 1.38% 20260.41%
06WELLS FARGO & COMPANY MTN RegS 1% 20270.41%
07CREDIT AGRICOLE SA RegS0.40%
08ANHEUSER BUSCH INBEV NV MTN RegS0.40%
09MORGAN STANLEY MTN0.40%
10CDP FINANCIAL INC MTN RegS0.37%

Full holdings (703) in the API payload.

Frequently asked questions

What is the TER of iShares € Ultrashort Bond UCITS ETF?

The total expense ratio (TER) of iShares € Ultrashort Bond UCITS ETF (IE00BCRY6557) is 0.09% per year.

How risky is iShares € Ultrashort Bond UCITS ETF?

iShares € Ultrashort Bond UCITS ETF has a risk indicator (SRRI) of 1 on a scale from 1 (lower risk) to 7 (higher risk), which FundFacts places in the low risk band. Its 3-year volatility is 0.29%. Its maximum drawdown is -0.0%.

What are the top holdings of iShares € Ultrashort Bond UCITS ETF?

The largest positions of iShares € Ultrashort Bond UCITS ETF as of October 19, 2026 are DEUTSCHE BANK AG MTN RegS (0.54%), VOLKSWAGEN INTERNATIONAL FINANCE N RegS (0.51%), AT&T INC MTN (0.45%), BANQUE FEDERATIVE DU CREDIT MUTUEL MTN RegS (0.41%) and WELLS FARGO & COMPANY MTN RegS 1.38% 2026 (0.41%). Its ten largest holdings make up 4.3% of the portfolio, out of 703 holdings in total.

What does iShares € Ultrashort Bond UCITS ETF invest in?

iShares € Ultrashort Bond UCITS ETF is a eur high-grade bond, limited duration ETF. Its largest exposures as of October 19, 2026 are by country, United States 18.2%, France 15.6% and Germany 13.6%; by sector, Banking 37.1%, Consumer Cyclical 8.2% and Capital Goods 6.2%.

How has iShares € Ultrashort Bond UCITS ETF performed?

iShares € Ultrashort Bond UCITS ETF returned +2.24% over one year, +2.30% a year over five years and +2.6% in calendar year 2025 as of October 19, 2026, according to the NAV history iShares publishes. Past performance does not predict future returns.

Is iShares € Ultrashort Bond UCITS ETF accumulating or distributing?

iShares € Ultrashort Bond UCITS ETF is a distributing share class: it pays out the income from its holdings to investors.

Which index does iShares € Ultrashort Bond UCITS ETF track?

iShares € Ultrashort Bond UCITS ETF's benchmark is the iBoxx EUR Liquid Investment Grade Ultrashort Index (EUR), which it tracks using physical replication.

Where is iShares € Ultrashort Bond UCITS ETF domiciled and what is its SFDR classification?

iShares € Ultrashort Bond UCITS ETF is domiciled in Ireland (ISIN IE00BCRY6557).

Where does this data about iShares € Ultrashort Bond UCITS ETF come from?

FundFacts reads it from the documents iShares publishes for this share class — product page, factsheet, key information document and, where available, holdings and NAV files — and refreshes it every 24 hours. The same factsheet is available as JSON from the FundFacts API.

Documents from iShares

figures as of October 19, 2026 · The fund house's own public documents this page was read from, on its site; FundFacts links to them and copies none.

Glossary

TER Risk indicator (SRRI)Max drawdown Sharpe 3y Replication SFDR classification How to get an ETF's holdings How to get a fund's TER

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iShares funds & ETFs

Figures are read from the documents iShares publishes for this share class (product page, factsheet, key information document and, where available, holdings and NAV files), as of October 19, 2026. The category, risk band, concentration and tilt labels are the FundFacts profile (fundfacts-profile/4), derived from those figures with fixed, published rules. FundFacts API is independent and not affiliated with, sponsored or endorsed by iShares; fund names are used to identify the product only. Nothing on this page is investment advice.