IE00BJ5JMP33Ticker: 0A24 (London SE) · TBX1 (SIX)Issuer: iSharesNorth America Bonds tracking the ICE U.S. Treasury Short Bond Index (USD), physical, optimised replication, accumulating. Share class in Mexican pesos (MXN), currency-hedged.
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iShares $ Treasury Bond 0-1yr UCITS ETF tracks the issuer-declared index: ICE U.S. Treasury Short Bond Index (USD). Mind the share class: this is the version hedged to Mexican Peso (MXN) — returns reflect the index plus the effect (and cost) of hedging into that currency. The declared annual cost (TER) is 0.10%, plus 0.02% 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 6.1 billion euro, was launched on 16 May 2019 and is domiciled in Ireland.
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 ICE U.S. Treasury Short 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. The Index offers exposure to US government bonds with a remaining maturity (i.e. the time from issue until they become due for repayment) of greater than or equal to one month and less than one year and a minimum amount outstanding of $300 million at the Index rebalance date. The bonds will pay income according to a fixed rate of interest. The Index does not apply a credit rating requirement, but the bonds will have a creditworthiness matching that of the US Treasury. The Fund uses optimising techniques to achieve a similar return to the Index. These techniques may include the strategic selection of certain securities that make up the Index or other 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 The Bank of New York Mellon SA/NV, Dublin Branch. Further information about the Fund can be obtained from the latest annual report and half-yearly reports of the iShares 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). The Fund’s base currency is US Dollar. Shares for this Share Class are denominated in Mexican Peso. The performance of your shares may be affected by this currency difference. Your shares will be hedged with the aim of reducing the effect of exchange rate fluctuations between the denominated currency of the shares and the Fund’s underlying portfolio currencies or the Fund’s base currency. FDIs, including FX forward contracts, will be used for currency hedging purposes. The hedging strategy may not completely eliminate currency risk and, therefore, may affect the performance of your shares. Please see the prospectus for further details. 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 |
|---|---|---|---|---|
| 09 Jun 2022 | 14 Jun 2022 | -0.18% | 21 Jun 2022 | 12 |
| 16 Dec 2024 | 18 Dec 2024 | -0.12% | 20 Dec 2024 | 4 |
| 26 Mar 2020 | 06 Apr 2020 | -0.06% | 07 Apr 2020 | 12 |
| 19 May 2023 | 22 May 2023 | -0.05% | 24 May 2023 | 5 |
| 08 Apr 2025 | 09 Apr 2025 | -0.04% | 10 Apr 2025 | 2 |
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.6 | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.4 | 5.4 | ||
| 2025 | 1.0 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.7 | 9.2 |
| 2024 | 0.9 | 0.9 | 0.9 | 0.9 | 1.0 | 0.9 | 0.9 | 1.1 | 0.9 | 0.8 | 0.9 | 0.9 | 11.4 |
| 2023 | 0.8 | 0.8 | 1.1 | 0.8 | 0.9 | 1.1 | 0.9 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 12.1 |
| 2022 | 0.4 | 0.4 | 0.5 | 0.4 | 0.7 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.8 | 0.9 | 7.7 |
| 2021 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.7 | 4.8 |
| 2020 | 0.6 | 0.6 | 1.0 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 6.0 |
| 2019 | 0.7 | 0.6 | 0.8 | 0.6 | 0.8 | 0.6 | 0.5 | 5.2(partial) |
Rejoined series: the issuer’s historical data contains a unit redenomination (26 July 2021), not retroactively adjusted; we rejoined the earlier history to make it comparable. Returns and risk are computed on the rejoined series.
We do not publish a tracking difference for this share class — and it is not an oversight.
IB1MXX is hedged to MXN; the index the issuer places next to it in its documents is the unhedged, foreign-currency version. Subtracting one from the other does not measure replication quality: it measures the exchange rate. In a year when the currency moves 5%, “the TD” would come out near 5 points — a plausible-looking number, with decimals, and wrong.
Other sites publish that number. We would rather show one figure less than one figure wrong: the TD will return here the day we have the MXN-hedged index series, which the issuer does not publish today.
Still want to know how well this fund tracks its index? Look at the unhedged sister class, IB01, where fund and index share the same currency: its TD is the right measure of the management, which is the same. Go to the IB01 page →
| Last year | Last 3 years | Last 5 years | Full history | |
|---|---|---|---|---|
| Volatility (ann.) | 0.25% | 0.39% | 0.43% | 0.41% |
| Max drawdown | -0.02% | -0.12% | -0.18% | -0.18% |
| Sharpe | 18.61 | 15.59 | 15.16 | 15.13 |
| Sortino | 90.75 | 63.68 | 59.74 | 69.85 |
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 |
|---|---|---|---|---|
| USD (Dist) | IE00BGR7L912 | IBTU | Distributing | USD |
| USD (Acc) | IE00BGSF1X88 | IB01 | Accumulating | USD |
| MXN Hedged (Acc) · this page | IE00BJ5JMP33 | IB1MXX | Accumulating | MXN |
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:
IE00BGSF1X88IBC1(class: USD (Acc))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 |
|---|---|---|
| London Stock Exchange | 0A24from tax document | issuer’s tax document (exchange outside the FIRDS perimeter) |
| SIX Swiss Exchange | TBX1from tax document | issuer’s tax document (exchange outside the FIRDS perimeter) |