iShares € Ultrashort Bond UCITS ETF (ERN1.L)
ERN1.L is a passive ETF by iShares tracking the investment results of the Markit iBoxx EUR Liquid Investment Grade Ultrashort Index. ERN1.L launched on Oct 16, 2013 and has a 0.09% expense ratio.
ETF Info
| ISIN | IE00BCRY6557 |
|---|---|
| Issuer | iShares |
| Inception Date | Oct 16, 2013 |
| Category | Ultrashort Bond |
| Index Tracked | Markit iBoxx EUR Liquid Investment Grade Ultrashort Index |
| Domicile | Ireland |
| Distribution Policy | Distributing |
| Asset Class | Bond |
Expense Ratio
ERN1.L has an expense ratio of 0.09% which is considered to be low.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of £10,000 in iShares € Ultrashort Bond UCITS ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares € Ultrashort Bond UCITS ETF had a return of 0.21% year-to-date (YTD) and 2.79% in the last 12 months. Over the past 10 years, iShares € Ultrashort Bond UCITS ETF had an annualized return of 1.81%, while the S&P 500 had an annualized return of 10.97%, indicating that iShares € Ultrashort Bond UCITS ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.21% | 11.29% |
| 1 month | 0.81% | 4.87% |
| 6 months | 0.40% | 17.88% |
| 1 year | 2.79% | 29.16% |
| 5 years (annualized) | 1.20% | 13.20% |
| 10 years (annualized) | 1.81% | 10.97% |
Monthly Returns
The table below presents the monthly returns of ERN1.L, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.44% | 0.55% | 0.30% | 0.17% | 0.21% | ||||||||
| 2023 | -0.41% | 0.07% | 0.24% | 0.41% | -1.85% | -0.30% | 0.14% | 0.24% | 1.54% | 0.81% | -0.69% | 1.21% | 1.37% |
| 2022 | -0.60% | -0.18% | 1.64% | -1.11% | 1.40% | 0.89% | -2.57% | 3.10% | 1.35% | -2.10% | 0.67% | 2.94% | 5.39% |
| 2021 | -1.52% | -1.86% | -1.96% | 1.93% | -1.03% | 0.07% | -0.92% | 0.57% | -0.03% | -1.68% | 0.27% | -0.93% | -6.94% |
| 2020 | -1.98% | 2.30% | 0.98% | -0.92% | 4.14% | 1.89% | -1.15% | -0.98% | 1.55% | -0.94% | -0.41% | 0.31% | 4.72% |
| 2019 | -3.43% | -1.39% | 0.36% | 0.16% | 2.57% | 1.69% | 1.59% | -0.94% | -1.79% | -2.50% | -1.42% | 0.74% | -4.45% |
| 2018 | -1.21% | 0.11% | -0.84% | 0.50% | -0.74% | 1.14% | 1.08% | 1.46% | -1.58% | -0.43% | 0.23% | 1.11% | 0.79% |
| 2017 | -0.55% | -0.79% | 1.53% | -2.44% | 3.65% | 1.13% | 1.99% | 2.89% | -4.38% | -0.46% | 0.50% | 0.74% | 3.60% |
| 2016 | 3.88% | 2.10% | 1.27% | -1.69% | -1.71% | 7.84% | 2.49% | 1.00% | 1.54% | 3.30% | -5.05% | 1.35% | 16.93% |
| 2015 | -8.48% | -1.47% | -0.14% | -0.39% | 0.01% | -0.55% | 4.43% | -0.02% | -3.30% | -1.63% | 4.76% | -7.17% | |
| 2014 | -2.55% | 1.38% | -1.59% | -1.24% | 0.38% | -2.61% | 0.00% | 0.47% | -5.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ERN1.L is 22, indicating that it is in the bottom 22% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
ERN1.L (iShares € Ultrashort Bond UCITS ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares € Ultrashort Bond UCITS ETF (ERN1.L) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares € Ultrashort Bond UCITS ETF granted a 2.14% dividend yield in the last twelve months. The annual payout for that period amounted to £188.14 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | £188.14 | £188.14 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £2.58 | £9.63 | £28.65 |
Dividend yield | 2.14% | 2.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.13% | 0.36% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares € Ultrashort Bond UCITS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | |||||||
| 2023 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £36.52 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £151.62 | £188.14 |
| 2022 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2021 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2020 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2019 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2018 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2017 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
| 2016 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £2.58 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £2.58 |
| 2015 | £0.00 | £0.00 | £0.00 | £6.80 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £2.83 | £9.63 | |
| 2014 | £14.65 | £0.00 | £0.00 | £14.00 | £0.00 | £28.65 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares € Ultrashort Bond UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares € Ultrashort Bond UCITS ETF was 16.79%, occurring on Nov 17, 2015. Recovery took 100 trading sessions.
The current iShares € Ultrashort Bond UCITS ETF drawdown is 3.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.79% | Jan 21, 2014 | 74 | Nov 17, 2015 | 100 | Jul 1, 2016 | 174 |
| -11.61% | Aug 13, 2019 | 379 | Mar 4, 2022 | — | — | — |
| -7.98% | Sep 1, 2017 | 183 | Mar 14, 2019 | 28 | Aug 12, 2019 | 211 |
| -7.39% | Oct 14, 2016 | 21 | Dec 12, 2016 | 61 | Aug 3, 2017 | 82 |
| -3.83% | Aug 16, 2016 | 10 | Sep 6, 2016 | 9 | Oct 3, 2016 | 19 |
Volatility
Volatility Chart
The current iShares € Ultrashort Bond UCITS ETF volatility is 1.01%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.