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UBS Core BBG US Treasury 10+ UCITS ETF USD disIndex, costs, backtest, listings and taxation

ISIN: LU1459799943Issuer: UBS
Issuer-declared data
TER
0.05%
Transaction costs
0.01% (issuer estimate, from the KID)
Management
Passive (index-tracking) (from the KID)
Income policy
SFDR
Article 6 — does not promote specific ESG characteristics what does it mean?
Fund assets
1.1 mln EUR
NAV
9.29 USD
Domicile
Luxembourg
Inception date
15 July 2025
Data as declared by UBS in the issuer’s official files and endpoints · collected on 2 September 2026 (monthly refresh). Facts only, no recommendation.
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Description

UBS Core BBG US Treasury 10+ UCITS ETF USD dis tracks the issuer-declared index: Bloomberg US 10+ Year Treasury Bond Total Return. The declared annual cost (TER) is 0.05%, plus 0.01% in transaction costs estimated by the issuer in the KID. Replication is full physical replication. The fund has assets of about 1 million euro, was launched on 15 July 2025 and is domiciled in Luxembourg.

The fund’s objective — in the issuer’s words

The Fund is passively managed and will take proportionate exposure on the components of the Bloomberg US 10+ Year Treasury Bond™ Index (Total Return) either through direct investments in all or substantially all of the component securities and/or through the use of derivatives in particular where it may not be possible or practicable to replicate the index through direct investments or in order to generate efficiencies in gaining exposure to the index. There may also be instances where a sub-fund holds securities which are not comprised in its index if the portfolio manager of respective sub-fund believes this to be appropriate considering the sub-fund's investment objective and the investment restrictions or other factors. Exposure to the index through direct replication may be affected by rebalancing costs, while exposure to the index through derivatives may be affected by derivative trading costs. The use of OTC derivatives further engenders counterparty risk which is however mitigated by UBS (Lux) Fund Solutions collateral policy. The sub-fund will invest its net assets predominantly in bonds, transferable securities, money market instruments, units of undertakings for collective investment, deposits with credit institutions, structured notes listed or dealt in on a regulated market and other assets eligible under the prospectus. The sub-fund will not enter into any securities lending. Sustainability risks are not systematically integrated as they are not considered as part of the Index selection process. The return of the fund depends mainly on the performance of the tracked index. This class distributes its net income in order to maintain the maximum tracking accuracy of the Bloomberg US 10+ Year Treasury Bond™ Index (Total Return).

Keep reading the KID section ▾

Intended retail investorThis fund applies to retail investors with a basic financial understanding, who can accept a possible loss on the investment amount. The fund is aimed at generating a substantial part of its yield through recurring income, while granting daily access to the capital under normal market conditions. With their investment in this fund, investors can satisfy medium term investment needs. The fund is suited to be acquired by the target client segments without any restriction of the distribution channel or platform. Depositary State Street Bank International GmbH, Luxembourg Branch Further Information Information about UBS Core BBG US Treasury 10+ UCITS ETF and the available share classes, the full prospectus, and the latest annual and semi-annual reports, as well as additional information can be obtained free of charge from the fund management company, the central administrator, the custodian bank, the fund distributors or online at www.ubs.com/etf. Latest price can be found at www.ubs.com/etf

From the KID’s “Objectives” section · 7 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

Quick reads

  • TER 0.05%: below the median of bond ETFs we track (0.15%).
Comparisons computed by Rebalix on the declared data in our census; they describe the past and are not indicative of future results.

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in Italian, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Fund performance

issuer-declared net asset value (NAV) · USD · from Jul 2025 to Sept 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
+2.6%
Annualised
+2.3%
Volatility (ann.)
8.6%
Max drawdown
-7.38%
-3%+1%+5%+9%+13%Jul 2025Oct 2025Feb 2026May 2026Sept 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)+3%Jul 2025Sept 2026
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-2%-4%-6%-8%-10%20252026−7.38% · 17 Aug 2026
Max drawdown
-7.38%
peak → trough
Trough
17 Aug 2026
from the 27 Feb 2026 peak
Recovery time
not yet
recovery only: trough to break-even
Underwater
189 days
decline + recovery: peak to break-even · ≈ 6 months · (ongoing)

The five worst falls in the period

From the peak ofTroughDepthBack to break-evenDays underwater
27 Feb 202617 Aug 2026-7.38%ongoing189
22 Oct 202520 Jan 2026-4.00%26 Feb 2026127
05 Aug 202518 Aug 2025-2.17%05 Sept 202531
16 Sept 202522 Sept 2025-1.60%10 Oct 202524
22 Jul 202528 Jul 2025-0.61%29 Jul 20257

Calendar-year returns

2025
5.6%
2026
-2.8%

Month-by-month returns

JanFebMarAprMayJunJulAugSeptOctNovDecYear
2026-0.54.2-4.0-0.70.51.0-4.00.8-0.0-2.8
20250.33.11.30.4-1.75.6
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested where declared). Deeper colour = larger move.
Issuer-declared series with dividends reinvested: the total performance, comparable with accumulating funds. Switch it off to see the price (NAV) alone, which drops at every dividend payment.
Source: UBS. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available July 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.

Tracking difference — issuer-declared

How much the fund returned above (+) or below (−) its index, year by year. It measures the actual deviation: the combined effect of costs (TER and transaction), securities-lending revenue and replication optimisations — which is why it can beat the TER.
Declared TER
0.05%
YearFundIndexDifference
2025+5.63%+5.65%-0.02%
Figures declared by the issuer in the SICAV’s audited annual report (net fund and index returns per calendar year, as of 31 December 2025), not computed by us. Partial years excluded. What is tracking difference? →

Risk indicators· EUR

Last year
Volatility (ann.)10.75%
Max drawdown-11.62%
Sharpe-0.68
Sortino-0.89
Windows longer than the available price history cannot be computed and are not shown: they will appear on their own as time passes. Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.20%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.

Duration and maturities

Duration · modified duration
14.03years

Price sensitivity to rates: the longer, the more the fund moves. What is duration →

Source: factsheet UBS, data as of 31 July 2026. Values as declared by the issuer, not computed by us; updated with the monthly document.

Portfolio holdings

Top-10 weight
29.7%

Top 10 holdings

US/T 4.75 '55 USD
4.40%
US/T 4.625 '55 USD
4.30%
US/T 4.25 '54 USD
4.00%
US/T 3.625 '53 USD
3.00%
US/T 4.625 '44 USD
2.70%
US/T 1.875 '51 USD
2.50%
US/T 5.0 '56 USD
2.30%
US/T 3.875 '43 USD
2.20%
US/T 4.75 '56 USD
2.20%
US/T 4.625 '54 USD
2.10%
Top 10 holdings and breakdowns as declared by UBS in the fund factsheet, data as of 31 July 2026. Percentages may not sum to 100 due to cash, derivatives and rounding.
Fund historyFund-assets (AUM) chart year by year and monthly basket snapshots.Open the history →

Dividends

Latest dividend
0.2525 USD
ex 13 Aug 2026 · paid 18 Aug 2026
Dividends since first payment (7 months)
0.48 USD
less than 12 months of history: not a full year, not comparable

Yield by year

PeriodDividendsDividend yield
1 year0.48 USD4.89 %

Dividend contribution to total return

-10%0%10%−0.77 %1 year
dividendsprice changeprice decline

Calendar per share (USD)

YearJanFebMarAprMayJunJulAugSepOctNovDec
20260.230.25

Latest dividends

Per shareEx-dividend datePayment
0.2525 USD13 Aug 202618 Aug 2026
0.2285 USD9 Feb 202612 Feb 2026
Per-share dividends as declared by the issuer, in USD, since the first payment (9 Feb 2026). Past dividends are not indicative of future ones.

Index tracked

Bloomberg US 10+ Year Treasury Bond Total Return
This fund belongs to the government bonds family: compare all census ETFs in this family →

Italian taxation

Effective rate on capital gains
12.92%
White-list share
96.91%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →

Stock exchange listings

ExchangeTickerTrading since
Borsa Italiana (ETFplus)T10D28 Jul 2025
Börse DüsseldorfCHSS6 Aug 2025
Börse FrankfurtCHSS6 Aug 2025
Börse HamburgCHSS2 Dec 2025
Börse HannoverCHSS13 Nov 2025
Börse München / gettexCHSS6 Aug 2025
Börse StuttgartCHSS21 Aug 2025
Tradegate ExchangeCHSS12 Aug 2025
Xetra (Deutsche Börse)CHSS6 Aug 2025
+ 7 more trading venues (MTFs and professional platforms).
Trading venues from the official ESMA register (FIRDS); per-exchange tickers from the issuer’s tax documents and official listings. A dash “—” = that venue does not publish the item (ticker, currency or start date) in the sources we read. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker. Non-EU listings (e.g. UK, Mexico) not included.

Frequently asked questions

Which index does UBS Core BBG US Treasury 10+ UCITS ETF USD dis track?
The issuer UBS declares the benchmark: Bloomberg US 10+ Year Treasury Bond Total Return.
How much does UBS Core BBG US Treasury 10+ UCITS ETF USD dis cost?
The issuer-declared TER is 0.05% per year; the transaction costs estimated in the KID are 0.01%.
How is UBS Core BBG US Treasury 10+ UCITS ETF USD dis taxed in Italy?
On sale, the capital gain is taxed at an effective 12.92% rate (white-list share 96.91%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of UBS Core BBG US Treasury 10+ UCITS ETF USD dis?
The fund size declared by UBS is about 1 million euro.
When was UBS Core BBG US Treasury 10+ UCITS ETF USD dis launched?
The fund was launched on 15 July 2025: it has 1 year of history.
How does UBS Core BBG US Treasury 10+ UCITS ETF USD dis replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (full replication) (issuer wording: “Fisica (Replica completa)”).
Does UBS Core BBG US Treasury 10+ UCITS ETF USD dis pay dividends?
Yes: it is a distributing share class — income is paid out periodically (issuer wording: “Sì”).
Where does UBS Core BBG US Treasury 10+ UCITS ETF USD dis trade?
Per the official ESMA register it trades on 9 main exchanges, including Borsa Italiana (ETFplus) (T10D), Börse Düsseldorf (CHSS), Börse Frankfurt (CHSS), Börse Hamburg (CHSS), Börse Hannover (CHSS), Börse München / gettex (CHSS).
What was UBS Core BBG US Treasury 10+ UCITS ETF USD dis's worst fall?
Over the available history (since 2025), the maximum drawdown was -11.39%, reached in August 2026. Past performance is not indicative of future results.
Transparency note
The data in this sheet is declared by UBS in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.