All months·Fund page

September 2026 update

iShares $ Ultrashort Bond UCITS ETF · IE00BCRY6227 · ERND
Rebalix monthly basket snapshots compared: 6 August 202631 August 2026 (issuer-declared dates; each section states its own)
In brief: 1 issuer added and 5 removed from the basket · large-holding weights nearly unchanged · NAV change over the period +0.3% · costs and key facts unchanged.

The largest sector move is Technology, down 0.8 percentage points, while Communications rises 0.4 percentage points. Among countries, Ireland rises by 2.1 percentage points. Top-ten concentration increased by 2.0 percentage points. 1 issuer entered the basket and 5 left.

Declared positions
907
908 → 907 · Δ −1
as of 31 Aug
Top-10 weight
8.0%
6.1 → 8.0% · Δ +2.0 p.p.
concentration
NAV change over the period
+0.3%
in USD · 6 Aug → 31 Aug
Assets at month end
636 mln $
−2.2% in the month
Duration (effective)
0.39 yrs
first reading on record
as of 20 Aug

This page pictures the ETF’s basket, not the index. Because the fund uses optimised replication, portfolio changes reflect how the replication is implemented and do not necessarily coincide with the official index reviews.

Basket

Source: basket file published by the issuer, as of 20 Aug and 31 Aug, compared holding by holding by Rebalix (cash excluded, lines of the same holding merged).

Issuers added (1)

ERP OPERATING LP0.07%

Issuers removed (5)

HALEON US CAPITAL LLC0.25%
TYSON FOODS INC0.20%
ERP OPERATING LP0.07%
GOLUB CAPITAL BDC INC.0.06%
OLD REPUBLIC INTERNATIONAL CORPORA0.04%

Rows compared: 394 → 390 issuers. The issuer file lists 907 positions but does not identify individual issues (no code per row): rows with the same name — e.g. the issues of one sovereign — are merged into one, so additions, removals and weight changes here are per issuer. Files of 20 Aug and 31 Aug.

Top 10 holdings — before and after

Source: basket file published by the issuer, as of 6 Aug and 31 Aug; snapshots archived by Rebalix on 7 Aug and 2 Sept.

Weight of each holding in the basket at the two snapshots. Together the top 10 weigh 6.1% → 8.0% (Δ +2.0 p.p.).

BLK ICS USD LEAF AGENCY DIST
4.2%
MICROSOFT CORPORATION
0.6%
T-MOBILE USA INC
0.5%
ABBVIE INC
0.5%
AERCAP IRELAND CAPITAL DAC
0.4%
WELLS FARGO & COMPANY
0.4%
GOLDMAN SACHS GROUP INC/THE
0.4%
MORGAN STANLEY
0.4%
JPMORGAN CHASE & CO
0.3%
CITIGROUP INC — enters the top 10
0.3%
6 Aug31 Augorange line = up, grey = down; “→” with no value = out of the top 20
See the numbers as a table
Holding6 Aug31 Aug
BLK ICS USD LEAF AGENCY DIST2.1%4.2%
MICROSOFT CORPORATION0.6%0.6%
T-MOBILE USA INC0.5%0.5%
ABBVIE INC0.5%0.5%
AERCAP IRELAND CAPITAL DAC0.4%0.4%
WELLS FARGO & COMPANY0.4%0.4%
GOLDMAN SACHS GROUP INC/THE0.4%0.4%
MORGAN STANLEY0.4%0.4%
JPMORGAN CHASE & CO0.3%0.3%
CITIGROUP INC — enters the top 10 (enters top 10)0.3%0.3%

Sectors and countries

Source: aggregate breakdowns declared by the issuer in the two snapshots (6 Aug and 31 Aug).

Sectors — where the weight moved

Technology
8.77.9% · 0.84 p.p.
Consumer Non-Cyclical
12.011.4% · 0.58 p.p.
Communications
3.64.1% · +0.43 p.p.
Banking
32.532.1% · 0.41 p.p.
Consumer Cyclical
12.912.6% · 0.31 p.p.
Capital Goods
6.05.7% · 0.30 p.p.

Bars scaled to the change: orange = up, grey = down. Basket percentages at the two snapshots.

Countries — where the weight moved

Ireland
3.35.4% · +2.05 p.p.
United States
65.964.4% · 1.46 p.p.
Germany
3.43.1% · 0.30 p.p.
Netherlands
1.91.7% · 0.20 p.p.
Switzerland
1.71.5% · 0.19 p.p.

The five countries that moved the most between the two snapshots.

See the numbers as a table
Country6 Aug31 Aug
United States65.9%64.4%
Canada6.4%6.5%
Ireland3.3%5.4%
Australia4.5%4.5%
Japan3.8%3.8%
United Kingdom3.8%3.6%
Germany3.4%3.1%
France2.5%2.4%
Netherlands1.9%1.7%
Switzerland1.7%1.5%
Sweden0.9%0.9%
Spain0.5%0.7%
Finland0.4%0.4%
New Zealand0.4%0.4%
Singapore0.3%0.3%
Italy0.2%0.2%
Hong Kong0.2%0.2%
Norway0.1%0.1%
2 more countries below 0.05% in both snapshots

Maturities and ratings

Source: issuer factsheet with data as of 20 Aug; preserved in Rebalix’s monthly registry snapshot (2026-09).

Issuer-declared breakdowns, preserved in Rebalix’s monthly registry snapshots (as of 20 August 2026). Labels and order are the issuer document’s.

Maturities

0 - 1 Years
85.9%
1 - 2 Years
7.7%
2 - 3 Years
3.3%
Cash and Derivatives
3.1%
this month (2026-09)the comparison with the prior month starts with the next snapshot

Rating — average A (media ponderata dal breakdown)

AAA
0.9%
AA
18.3%
A
45.3%
BBB
32.4%
Not
0.0%
Cash and/or Derivatives
3.1%
this month (2026-09)the comparison with the prior month starts with the next snapshot

NAV and assets over the period

Source: daily NAV series published by the issuer.

NAV over the period (USD)

100.1100.3100.3
6 Aug31 Aug

100.04 → 100.3: +0.3% from 6 Aug to 31 Aug, the last NAV available at each snapshot date.

Assets over the month

632643636
3 Aug31 Aug

650 mln $636 mln $ (issuer’s daily series).

Costs and key facts

Source: issuer KID (costs as of 2 Sept); Rebalix events register.

TER
0.09%
unchanged
Transaction costs (KID)
0.04%
unchanged
Index, name, policy
unchanged
Issuer-declared basket snapshots, compared by Rebalix. Each section states its own dates: the basket comparison uses the issuer file dates; top 10, composition and breakdowns the dates of the two archived snapshots; maturities, ratings and duration the monthly registry snapshots. Weight changes are shown above ±0.25 points (the archive records them from ±0.1). We record the past: nothing on this page is a recommendation.