PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

iShares $ Ultrashort Bond UCITS ETF USD (Dist) (IS3L.DE) Alternatives

ETF · Currency in EUR · Last updated Jul 4, 2026

The fund tracks short maturity US Dollar denominated investment grade corporate bonds with 0-1 years to maturity for fixed rate and 0-3 years for floating rate securities.

iShares $ Ultrashort Bond UCITS ETF USD (Dist) (IS3L.DE) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IS3L.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to IS3L.DE

IS3L.DE charges 0.09% annually. There are 3 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.

SymbolNameExpense RatioAUMInception
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...0.05%—Jul 2020IS3L.DE vs PR1T.DE
XT01.DE
Xtrackers US Treasuries Ultrashort Bond UCITS ETF ...0.06%—Sep 2020IS3L.DE vs XT01.DE
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...0.07%—Jul 2019IS3L.DE vs BBLL.DE
EUED.DE
iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (D...0.09%—May 2023IS3L.DE vs EUED.DE
ERNX.DE
iShares Euro Ultrashort Bond UCITS ETF EUR Accumul...0.09%—Oct 2024IS3L.DE vs ERNX.DE

Best Risk-Adjusted Alternatives to IS3L.DE

IS3L.DE has a PortfoliosLab risk / return rank of 40. There are 3 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 96.

SymbolNameRisk / Return RankAUMInception
IS3M.DE
iShares € Ultrashort Bond UCITS ETF
96
—Oct 2013IS3L.DE vs IS3M.DE
ERNX.DE
iShares Euro Ultrashort Bond UCITS ETF EUR Accumul...
83
—Oct 2024IS3L.DE vs ERNX.DE
EUED.DE
iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (D...
76
—May 2023IS3L.DE vs EUED.DE
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...
38
—Jul 2020IS3L.DE vs PR1T.DE
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...
37
—Jul 2019IS3L.DE vs BBLL.DE

Top Performing IS3L.DE Alternatives (YTD)

IS3L.DE is at 4.85% YTD. No ETFs in the Ultrashort Bond category have higher YTD returns; the top-performing alternatives shown here go as high as 4.60%.

SymbolNameYTD ReturnAUMInception
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...
4.60%
—Jul 2019IS3L.DE vs BBLL.DE
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...
4.54%
—Jul 2020IS3L.DE vs PR1T.DE
XT01.DE
Xtrackers US Treasuries Ultrashort Bond UCITS ETF ...
4.43%
—Sep 2020IS3L.DE vs XT01.DE
IS3M.DE
iShares € Ultrashort Bond UCITS ETF
1.16%
—Oct 2013IS3L.DE vs IS3M.DE
EUED.DE
iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (D...
1.15%
—May 2023IS3L.DE vs EUED.DE

Lowest Volatility Alternatives to IS3L.DE

IS3L.DE has 6.04% 1-year volatility. There are 3 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.77%.

SymbolNameVolatility 1YAUMInception
IS3M.DE
iShares € Ultrashort Bond UCITS ETF0.77%—Oct 2013IS3L.DE vs IS3M.DE
ERNX.DE
iShares Euro Ultrashort Bond UCITS ETF EUR Accumul...1.34%—Oct 2024IS3L.DE vs ERNX.DE
EUED.DE
iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (D...1.55%—May 2023IS3L.DE vs EUED.DE
XT01.DE
Xtrackers US Treasuries Ultrashort Bond UCITS ETF ...6.04%—Sep 2020IS3L.DE vs XT01.DE
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...6.06%—Jul 2019IS3L.DE vs BBLL.DE

Lowest Drawdown Alternatives to IS3L.DE

IS3L.DE has a 1-year max drawdown of -3.32%. There are 3 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.20%.

SymbolNameMax Drawdown 1YAUMInception
EUED.DE
iShares € Ultrashort Bond ESG SRI UCITS ETF EUR (D...
-0.20%
—May 2023IS3L.DE vs EUED.DE
IS3M.DE
iShares € Ultrashort Bond UCITS ETF
-0.30%
—Oct 2013IS3L.DE vs IS3M.DE
ERNX.DE
iShares Euro Ultrashort Bond UCITS ETF EUR Accumul...
-0.36%
—Oct 2024IS3L.DE vs ERNX.DE
BBLL.DE
JPMorgan BetaBuilders US Treasury Bond 0-1 yr UCIT...
-3.38%
—Jul 2019IS3L.DE vs BBLL.DE
PR1T.DE
Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U...
-3.39%
—Jul 2020IS3L.DE vs PR1T.DE

Other ETFs from iShares

The 10 most viewed iShares ETFs shown here include SXR8.DE, QDVE.DE, SXRV.DE and span 8 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
SXR8.DE
iShares Core S&P 500 UCITS ETF USD (Acc)S&P 500
78
12.22%
—May 2010IS3L.DE vs SXR8.DE
QDVE.DE
iShares S&P 500 Information Technology Sector UCIT...Technology Equities, S&P 500
54
19.14%
—Nov 2015IS3L.DE vs QDVE.DE
SXRV.DE
iShares NASDAQ 100 UCITS ETF USD (Acc)Nasdaq-100
73
19.60%
—Jan 2010IS3L.DE vs SXRV.DE
EUNL.DE
iShares Core MSCI World UCITS ETF USD (Acc)Global Equities
83
12.51%
—Sep 2009IS3L.DE vs EUNL.DE
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (...Semiconductors, Technology Equities
97
98.18%
—Aug 2021IS3L.DE vs SEC0.DE
IUSQ.DE
iShares MSCI ACWI UCITS ETF (Acc)Global Equities
86
14.14%
—Oct 2011IS3L.DE vs IUSQ.DE
NQSE.DE
iShares NASDAQ 100 UCITS ETFNasdaq-100
54
14.72%
—Jan 2010IS3L.DE vs NQSE.DE
IS3N.DE
iShares Core MSCI Emerging Markets IMI UCITS ETF (...Emerging Markets Equities
83
26.15%
—May 2014IS3L.DE vs IS3N.DE
EUNA.DE
iShares Core Global Aggregate Bond UCITS ETF (EUR ...Global Bonds
11
-0.40%
—Nov 2017IS3L.DE vs EUNA.DE
ISPA.DE
iShares STOXX Global Select Dividend 100 UCITS ETF...Global Equities, Dividend
96
14.66%
—Sep 2009IS3L.DE vs ISPA.DE

Compare IS3L.DE with Any Fund or Stock

Compare IS3L.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair IS3L.DE with funds that move differently

iShares $ Ultrashort Bond UCITS ETF USD (Dist) alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IS3L.DE.

Explore IS3L.DE Diversifiers