IE0008U15456Ticker: IEGS (Borsa Italiana) · O630 (Xetra)Issuer: iSharesEurozone Bonds tracking the Bloomberg Euro Treasury Bond Index, physical, optimised replication, accumulating. Share class in euro (EUR).
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iShares Core € Govt Bond UCITS ETF tracks the issuer-declared index: Bloomberg Euro Treasury Bond Index. The declared annual cost (TER) is 0.07%, plus 0.01% in transaction costs estimated by the issuer in the KID. Replication is optimised physical replication (the KID declares optimisation techniques to achieve a return similar to the index); income is accumulated and reinvested in the fund. The fund has assets of about 761 million euro, was launched on 28 August 2024 and is domiciled in Ireland. In our registry 4 other ETFs declare the same index.
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 Bloomberg Euro Treasury Bond Index, the Fund’s benchmark index (Index).
Keep reading the KID section ▾
The Share Class, via the Fund is passively managed and aims to invest so far as possible and practicable in the fixed income (FI) securities (such as bonds) that make up the Index and comply with its credit rating requirements. If the credit ratings of the FI securities are downgraded, the Fund may continue to hold them until they cease to form part of the Index and it is practicable to sell them. The Index measures the performance of Euro denominated bonds issued or guaranteed by member states of the Economic and Monetary Union of the European Union (EMU). The bonds are issued in Euro or the legacy currencies of sovereign countries of the EMU and will, at the time of inclusion in the Index, be investment grade (i.e. meet a specified level of creditworthiness). They will pay income according to a fixed rate of interest and will have at least one year remaining until maturity (i.e. the time until they become due for repayment) and a minimum amount outstanding of €300 million. The Index is market capitalisation weighted. Market capitalisation is the market value of the outstanding bond issuance. The Fund uses optimising techniques to achieve a similar return to its Index. These may include the strategic selection of certain securities that make up the Index or other FI securities which provide similar performance to certain constituent securities. These may also include the use of financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). FDIs may be used for direct investment purposes. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund.
The price of fixed income securities may be affected by changing interest rates which in turn may affect the value of your investment. Fixed income securities prices move inversely to interest rates. Therefore, the market value of fixed income securities may decrease as interest rates increase. The credit rating of an issuing entity will generally affect the yield that can be earned on fixed income securities; the better the credit rating the smaller the yield. The relationship between the return on your investment, how it is impacted and the period for which you hold your investment is considered below (see “How long should I hold it and can I take my money out early?”).
The depositary of the Fund is State Street Custodial Services (Ireland) Limited. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares III plc. These documents are available free of charge in English and certain other languages. These can be found, along with other (practical) information, including prices of units, on the iShares website at: www.ishares.com or by calling +49 89427295800 or from your broker or financial adviser.
Your shares will be accumulating shares (i.e. income will be included in their value). Your shares will be denominated in Euro, the Fund's base currency. The shares are listed and traded on various stock exchanges. In normal circumstances, only authorised participants may buy and sell shares directly with the Fund. Investors who are not authorised participants (e.g. select financial institutions) can generally only buy or sell the shares on the secondary market (e.g. via a broker on a stock exchange) at the then prevailing market price. The value of the shares are related to the value of the underlying assets of the Fund, less costs (see “What are the costs?” below). The prevailing market price at which the shares trade on the secondary market may deviate from the value of the Shares. Indicative net asset value is published on relevant stock exchanges websites.
Intended retail investor:The Fund is intended for retail investors with the ability to bear losses up to the amount invested in the Fund (see “How long should I hold it and can I take my money out early?”).
Insurance benefits:The Fund does not offer any insurance benefits.
Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.
| From the peak of | Trough | Depth | Back to break-even | Days underwater |
|---|---|---|---|---|
| 27 Feb 2026 | 01 Oct 2026 | -5.50% | ongoing | 231 |
| 04 Dec 2024 | 06 Mar 2025 | -4.03% | 12 Feb 2026 | 435 |
| 01 Oct 2024 | 07 Nov 2024 | -1.88% | 28 Nov 2024 | 58 |
| 11 Sept 2024 | 20 Sept 2024 | -0.76% | 01 Oct 2024 | 20 |
| 28 Aug 2024 | 02 Sept 2024 | -0.33% | 03 Sept 2024 | 6 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.7 | 1.4 | -2.7 | 0.3 | 1.1 | 0.4 | -1.7 | -0.6 | -2.2 | 0.9 | -2.4 | ||
| 2025 | -0.1 | 0.7 | -1.8 | 2.0 | 0.1 | -0.2 | -0.2 | -0.5 | 0.5 | 0.9 | -0.0 | -0.6 | 0.6 |
| 2024 | 1.3 | -1.0 | 2.3 | -1.5 | 1.1(since launch) |
| Year | Fund | Index | Difference (pt) |
|---|---|---|---|
| 2025 | +0.61% | +0.55% | +0.06 pt |
| Last year | Full history | |
|---|---|---|
| Volatility (ann.) | 4.33% | 4.34% |
| Max drawdown | -5.50% | -5.50% |
| Sharpe | -1.27 | -0.64 |
| Sortino | -1.71 | -0.87 |
Price sensitivity to rates: the longer, the more the fund moves. What is duration →
Source: product page iShares, data as of 15 October 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.
How the portfolio is spread by credit quality: from AAA (strongest) downwards. More weight in the top buckets = lower risk that an issuer fails to pay, usually with lower yields.
Source: product page iShares, data as of 15 October 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.
Ratings are those the issuer assigns to portfolio holdings under its own methodology (usually the median of S&P, Moody’s and Fitch); scale and buckets are those of the original document.
| Share class | ISIN | Ticker | Income | Currency |
|---|---|---|---|---|
| EUR (Acc) · this page | IE0008U15456 | IEGS | Accumulating | EUR |
| EUR (Dist) | IE00B4WXJJ64 | SEGA | Distributing | EUR |
| Fund | TER | Income | Fund size |
|---|---|---|---|
GOVA · SPDR | 0.07% | Acc. | 1.3 mld EUR |
GOVY · SPDR | 0.07% | Dist. | 1.3 mld EUR |
UBSactive | — | Acc. | 5 mln EUR |
UBSactivenot on Borsa Italiana | — | Dist. | 5 mln EUR |
According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:
IE00B4WXJJ64SEGA(class: EUR (Dist))Official lists verified on 15 October 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.
| Exchange | Ticker | Exchange source | Registered since |
|---|---|---|---|
| Borsa Italiana (ETFplus) | IEGSfrom tax document | ESMA register (FIRDS) | 30 Aug 2024 |
| Börse Hamburg | O630from mapping | ESMA register (FIRDS) | 2 Sept 2024 |
| Xetra (Deutsche Börse) | O630from tax document | issuer’s tax document (listing not recorded in FIRDS) | — |