iShares $ Ultrashort Bond UCITS USD Acc is a bonds ETF from iShares tracking the $ Ultrashort Bond index through physical replication. Domiciled in Ireland and launched in 2018, the fund manages about 1.7 bn € and charges a TER of 0.09% — 9 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
iShares $ Ultrashort Bond UCITS USD Acc competes with 1 other products on the same index ($ Ultrashort Bond): it ranks 1st by fund size and 1st by ongoing cost, with a TER of 0.09% against a group median of 0.09%. It has been listed since 2018, 8 years of track record.
On a €10,000 investment the TER costs 9 € a year, and no product in the group costs less.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 11.5% of the portfolio.
Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in USD. 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.
| BlackRock ICS USD LiqEnvtlyAwr Agcy Inc | 4.8% |
| Oracle Corporation 1.9% | 1.0% |
| ING Bank N.V. 2.05% | 0.8% |
| Lloyds Banking Group plc 3.1% | 0.7% |
| Morgan Stanley 5.5% | 0.7% |
| Apple Inc. 0.56% | 0.7% |
| Goldman Sachs Group, Inc. 5.25% | 0.7% |
| JPMorgan Chase & Co. 4.35% | 0.7% |
| Barclays Bank plc 1.7% | 0.7% |
| Sumitomo Mitsui Financial Group Inc 2.06% | 0.7% |
| London Stock Exchange | ERNA | USD |
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 Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.