iShares £ Ultrashort Bond UCITS ETF (ERNS.L)
ERNS.L is a passive ETF by iShares tracking the investment results of the Markit iBoxx GBP Liquid Investment Grade Ultrashort Index. ERNS.L launched on Nov 16, 2013 and has a 0.09% expense ratio.
ETF Info
| ISIN | IE00BCRY6441 |
|---|---|
| Issuer | iShares |
| Inception Date | Nov 16, 2013 |
| Category | Total Bond Market |
| Index Tracked | Markit iBoxx GBP Liquid Investment Grade Ultrashort Index |
| Home Page | www.ishares.com |
| Asset Class | Bond |
Expense Ratio
ERNS.L has an expense ratio of 0.09% which is considered to be low.
Share Price Chart
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Compare to other instruments
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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 1.92% year-to-date (YTD) and 5.57% in the last 12 months. Over the past 10 years, iShares £ Ultrashort Bond UCITS ETF had an annualized return of 1.34%, while the S&P 500 had an annualized return of 10.37%, indicating that iShares £ Ultrashort Bond UCITS ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.92% | 5.57% |
| 1 month | 0.54% | -4.16% |
| 6 months | 2.99% | 20.07% |
| 1 year | 5.57% | 20.82% |
| 5 years (annualized) | 1.95% | 11.56% |
| 10 years (annualized) | 1.34% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.49% | 0.35% | 0.52% | |||||||||
| 2023 | 0.49% | 0.43% | 0.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ERNS.L is 99, placing it in the top 1% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
iShares £ Ultrashort Bond UCITS ETF(ERNS.L)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares £ Ultrashort Bond UCITS ETF (ERNS.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 4.45% dividend yield in the last twelve months. The annual payout for that period amounted to £4.57 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | £4.57 | £4.57 | £1.15 | £0.28 | £0.75 | £1.04 | £0.74 | £0.52 | £0.82 | £0.73 | £0.55 | £0.06 |
Dividend yield | 4.45% | 4.54% | 1.14% | 0.28% | 0.75% | 1.04% | 0.74% | 0.52% | 0.81% | 0.72% | 0.55% | 0.06% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | £0.00 | £0.00 | £0.00 | |||||||||
| 2023 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £1.97 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £2.61 |
| 2022 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.28 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.87 |
| 2021 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.17 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.11 |
| 2020 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.44 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.31 |
| 2019 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.53 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.51 |
| 2018 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.34 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.40 |
| 2017 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.29 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.23 |
| 2016 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.42 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.40 |
| 2015 | £0.00 | £0.00 | £0.00 | £0.00 | £0.33 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.39 |
| 2014 | £0.00 | £0.00 | £0.00 | £0.00 | £0.25 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.31 | £0.00 |
| 2013 | £0.06 | £0.00 |
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 1.51%, occurring on Mar 31, 2020. Recovery took 35 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -1.51% | Mar 6, 2020 | 18 | Mar 31, 2020 | 35 | May 22, 2020 | 53 |
| -0.36% | Jan 5, 2022 | 48 | Mar 11, 2022 | 71 | Jun 27, 2022 | 119 |
| -0.34% | Jun 23, 2015 | 5 | Jun 29, 2015 | 23 | Jul 30, 2015 | 28 |
| -0.27% | Sep 12, 2022 | 13 | Sep 29, 2022 | 13 | Oct 18, 2022 | 26 |
| -0.26% | Feb 11, 2021 | 14 | Mar 2, 2021 | 21 | Mar 31, 2021 | 35 |
Volatility
Volatility Chart
The current iShares £ Ultrashort Bond UCITS ETF volatility is 0.14%, 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.