iShares € Covered Bond UCITS ETF EUR (Dist) is a bonds ETF from iShares tracking the € Covered Bond index through physical replication. Domiciled in Ireland and launched in 2008, the fund manages about 1.5 bn € and charges a TER of 0.20% — 20 € per year on a €10,000 investment. Income is paid out to investors periodically (distributing).
iShares € Covered Bond UCITS ETF EUR (Dist) competes with 365 other products in the same class and region (Bonds, Global): it ranks 56th by fund size and 236th by ongoing cost, with a TER of 0.20% against a group median of 0.15%. It has been listed since 2008, 18 years of track record.
On a €10,000 investment the TER costs 20 € a year, against 15 € for the median product in the category.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 4.0% of the portfolio.
Income is distributed periodically: it produces cash flow, but reinvesting it is up to you if the goal is capital growth. The fund is denominated in EUR. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.
The fund is domiciled in Ireland, which determines the tax treatment of income received by the fund and the supervisory authority.
| Programa Cedulas TDA 4.25% | 0.7% |
| Caisse de Refinancement de l'Habitat 4.3% | 0.5% |
| Cedulas TDA 6 3.88% | 0.4% |
| Compagnie de Financement Foncier CFF Corp 4% | 0.4% |
| Bankia S.A. 4.13% | 0.4% |
| Caixabank S.A. 3.88% | 0.4% |
| Caisse de Refinancement de l'Habitat 3.6% | 0.3% |
| ABN AMRO Bank N.V. 1.13% | 0.3% |
| ABN AMRO Bank N.V. 1.38% | 0.3% |
| Caisse de Refinancement de l'Habitat 3.3% | 0.3% |
| Borsa Italiana | ICOV | EUR |
| XETRA | IUS6 | EUR |
| Francoforte | IUS6 | EUR |
| Euronext Amsterdam | ICOV | EUR |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.