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 |
| Leveraged | 1x |
| 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 low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: ERNS.L vs. IGLT.L, ERNS.L vs. CEMB, ERNS.L vs. VOC, ERNS.L vs. IHG.L, ERNS.L vs. VWRL.L, ERNS.L vs. ICSH, ERNS.L vs. SCHD, ERNS.L vs. SPHY, ERNS.L vs. BSV, ERNS.L vs. HLT
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 4.65% year-to-date (YTD) and 5.61% in the last 12 months. Over the past 10 years, iShares £ Ultrashort Bond UCITS ETF had an annualized return of 1.57%, while the S&P 500 had an annualized return of 11.39%, indicating that iShares £ Ultrashort Bond UCITS ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.65% | 25.45% |
| 1 month | 0.33% | 2.91% |
| 6 months | 2.50% | 14.05% |
| 1 year | 5.61% | 35.64% |
| 5 years (annualized) | 2.38% | 14.13% |
| 10 years (annualized) | 1.57% | 11.39% |
Monthly Returns
The table below presents the monthly returns of ERNS.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 | 0.49% | 0.35% | 0.52% | 0.54% | 0.49% | 0.31% | 0.43% | 0.48% | 0.42% | 0.39% | 4.65% | ||
| 2023 | 0.13% | 0.18% | 0.38% | 0.43% | 0.32% | 0.32% | 0.42% | 0.57% | 0.36% | 0.49% | 0.43% | 0.62% | 4.76% |
| 2022 | 0.07% | -0.03% | 0.06% | -0.05% | 0.05% | 0.09% | 0.15% | 0.03% | -0.02% | 0.37% | 0.31% | 0.49% | 1.54% |
| 2021 | 0.13% | 0.08% | 0.11% | -0.19% | 0.05% | -0.03% | 0.05% | 0.05% | -0.03% | 0.03% | -0.03% | -0.09% | 0.13% |
| 2020 | 0.05% | 0.07% | -1.41% | 1.42% | 0.22% | 0.21% | 0.06% | 0.10% | 0.09% | -0.05% | 0.15% | -0.14% | 0.77% |
| 2019 | 0.23% | 0.12% | 0.17% | 0.02% | 0.11% | 0.16% | 0.07% | 0.07% | -0.01% | 0.12% | 0.07% | 0.12% | 1.28% |
| 2018 | 0.07% | 0.02% | -0.02% | 0.08% | 0.07% | 0.02% | 0.03% | 0.15% | 0.03% | 0.06% | 0.00% | 0.04% | 0.58% |
| 2017 | 0.04% | 0.11% | 0.04% | 0.00% | 0.06% | 0.06% | 0.06% | 0.04% | -0.00% | 0.08% | 0.00% | 0.06% | 0.56% |
| 2016 | 0.02% | 0.07% | 0.08% | 0.05% | 0.14% | 0.08% | 0.17% | 0.11% | 0.02% | 0.08% | 0.03% | 0.07% | 0.94% |
| 2015 | 0.04% | 0.02% | 0.03% | 0.05% | 0.05% | 0.01% | 0.08% | 0.01% | 0.05% | 0.01% | 0.09% | 0.09% | 0.55% |
| 2014 | 0.07% | 0.15% | -0.03% | 0.10% | 0.06% | 0.03% | 0.06% | 0.12% | 0.02% | 0.05% | 0.06% | 0.08% | 0.77% |
| 2013 | -0.02% | 0.03% | 0.10% | 0.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ERNS.L is 99, placing it in the top 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 provided a 5.25% dividend yield over the last twelve months, with an annual payout of £5.39 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | £5.39 | £4.57 | £1.15 | £0.28 | £0.75 | £1.04 | £0.74 | £0.52 | £0.82 | £0.73 | £0.55 | £0.06 |
Dividend yield | 5.25% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £2.78 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £2.78 | |
| 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 | £4.57 |
| 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 | £1.15 |
| 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 | £0.28 |
| 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 | £0.75 |
| 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 | £1.04 |
| 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 | £0.74 |
| 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 | £0.52 |
| 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 | £0.82 |
| 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 | £0.73 |
| 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 | £0.55 |
| 2013 | £0.06 | £0.00 | £0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 0.23%, 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.