- Issuer
- iShares
- Inception Date
- Nov 18, 2005
- Category
- Government Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc)
- Distribution Policy
- Accumulating
- Asset Class
- Bond
Share Price Chart
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Performance
IBCI.L Performance Chart
iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) (IBCI.L) is down 0.5% since the beginning of the year. IBCI.L is currently trading at £200 per share. Investors who bought £1,000 worth of IBCI.L shares 5 years ago would now be looking at an investment worth £1,011.
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Returns By Period
iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) (IBCI.L) has returned -0.50% so far this year and 0.53% over the past 12 months. Over the last ten years, IBCI.L has returned 1.54% per year, falling short of the S&P 500 Index benchmark, which averaged 13.06% annually.
iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc)
- 1D
- -0.23%
- 1M
- -2.45%
- 6M
- -0.49%
- YTD
- -0.50%
- 1Y
- 0.53%
- 3Y*
- 1.66%
- 5Y*
- 0.22%
- 10Y*
- 1.54%
Benchmark (S&P 500 Index)
- 1D
- -0.66%
- 1M
- -0.64%
- 6M
- 8.66%
- YTD
- 10.17%
- 1Y
- 19.99%
- 3Y*
- 17.60%
- 5Y*
- 12.23%
- 10Y*
- 13.06%
IBCI.L Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2008, IBCI.L's average daily return is +0.01%, while the average monthly return is +0.18%. At this rate, an investment would double in approximately 32.1 years.
Historically, 54% of months were positive and 46% were negative. The best month was Oct 2014 with a return of +28.2%, while the worst month was Nov 2014 at -20.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, IBCI.L closed higher 50% of trading days. The best single day was May 2, 2008 with a return of +27.0%, while the worst single day was May 1, 2008 at -21.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.63% | 2.46% | -1.63% | 0.26% | 0.75% | -0.77% | -2.14% | -0.50% | |||||
| 2025 | 0.92% | -0.74% | -0.12% | 2.82% | -0.57% | 2.13% | 0.77% | -0.77% | 1.10% | 1.90% | -0.44% | -1.04% | 6.03% |
| 2024 | -2.93% | -0.24% | 0.84% | -0.67% | -0.54% | -1.14% | 1.22% | -0.57% | 0.08% | 0.58% | 0.29% | -1.49% | -4.55% |
| 2023 | 0.66% | -0.79% | 1.80% | 0.13% | -1.26% | -0.56% | 0.40% | -0.45% | -2.17% | 0.56% | 1.51% | 3.73% | 3.48% |
| 2022 | -1.11% | 0.37% | 2.89% | -1.59% | -2.53% | -1.91% | 2.75% | -1.35% | -4.32% | 0.83% | 3.89% | -2.00% | -4.33% |
| 2021 | -1.22% | -3.19% | 0.37% | 1.55% | -0.69% | 0.18% | 2.11% | 0.29% | 0.35% | -1.51% | 2.29% | -1.17% | -0.79% |
Benchmark Metrics
iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) has an annualized alpha of 2.23%, beta of 0.06, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 02, 2008.
- This ETF participated in 42.49% of S&P 500 Index downside but only 23.46% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.06 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.23%
- Beta
- 0.06
- R²
- 0.00
- Upside Capture
- 23.46%
- Downside Capture
- 42.49%
Expense Ratio
IBCI.L has an expense ratio of 0.09%, which is considered low.
Return for Risk
Risk / Return Rank
IBCI.L ranks 10 for risk / return — in the bottom 10% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) (IBCI.L) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBCI.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.31 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 2.50 | -2.37 |
| Martin ratioReturn relative to average drawdown | 0.29 | 9.11 | -8.81 |
Dividends
Dividend History
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc). 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 € Inflation Linked Govt Bond UCITS ETF EUR (Acc) was 30.47%, occurring on Jul 17, 2015. Recovery took 490 trading sessions.
The current iShares € Inflation Linked Govt Bond UCITS ETF EUR (Acc) drawdown is 8.97%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-30.47%Jul 2015 | 8mo 8d | 1y 11mo | 2y 7moNov 2014 - Jun 2017 | — |
-22.77%May 2008 | 1mo 21d | 3mo 8d | 4mo 29dMar 2008 - Aug 2008 | Financial crisis2007–2009 |
-22.30%Nov 2011 | 10mo 15d | 1y 3mo | 2y 2moJan 2011 - Mar 2013 | — |
-20.52%Jan 2014 | 9mo 25d | 8mo 25d | 1y 6moApr 2013 - Oct 2014 | — |
-15.06%Feb 2009 | 6mo 6d | 1y 10mo | 2y 4moAug 2008 - Dec 2010 | Financial crisis2007–2009 |
Drawdown Indicators
| IBCI.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.47% | -37.07% | +6.60% |
Max Drawdown (1Y)Largest decline over 1 year | -3.49% | -8.03% | +4.54% |
Max Drawdown (3Y)Largest decline over 3 years | -14.28% | -22.15% | +7.87% |
Max Drawdown (5Y)Largest decline over 5 years | -14.28% | -22.15% | +7.87% |
Max Drawdown (10Y)Largest decline over 10 years | -14.53% | -26.01% | +11.48% |
Current DrawdownCurrent decline from peak | -8.97% | -1.42% | -7.55% |
Average DrawdownAverage peak-to-trough decline | -10.76% | -5.29% | -5.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 2.20% | -0.67% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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