- Issuer
- iShares
- Inception Date
- May 26, 2023
- Category
- Government Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- iShares V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
ITEB.L Performance Chart
iShares V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist) (ITEB.L) is up 0.5% since the beginning of the year. ITEB.L is currently trading at £6 per share.
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Returns By Period
iShares V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist) (ITEB.L) has returned 0.50% so far this year and 2.87% over the past 12 months.
iShares V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist)
- 1D
- -0.18%
- 1M
- -0.57%
- 6M
- -0.22%
- YTD
- 0.50%
- 1Y
- 2.87%
- 3Y*
- 5.84%
- 5Y*
- —
- 10Y*
- —
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%
ITEB.L Monthly Returns History
Based on dividend-adjusted daily data since Oct 6, 2022, ITEB.L's average daily return is +0.02%, while the average monthly return is +0.50%. At this rate, an investment would double in approximately 11.6 years.
Historically, 65% of months were positive and 35% were negative. The best month was Dec 2023 with a return of +3.7%, while the worst month was Dec 2022 at -4.1%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.
On a daily basis, ITEB.L closed higher 40% of trading days. The best single day was Feb 2, 2023 with a return of +2.2%, while the worst single day was Dec 15, 2022 at -2.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.89% | 1.24% | -3.15% | 0.72% | 1.44% | 0.69% | -1.25% | 0.50% | |||||
| 2025 | -0.00% | 1.10% | -1.45% | 2.20% | 0.72% | 0.48% | 0.00% | -0.18% | 0.72% | 1.43% | 0.18% | -0.16% | 5.10% |
| 2024 | -0.19% | -0.38% | 1.33% | -0.94% | 0.19% | -0.23% | 2.88% | 0.37% | 2.04% | -0.73% | 2.57% | -0.86% | 6.13% |
| 2023 | 2.86% | -1.39% | 2.42% | -0.20% | 0.79% | 0.54% | 0.39% | 0.20% | -3.13% | 0.81% | 3.41% | 3.73% | 10.70% |
| 2022 | 2.10% | 3.03% | -4.12% | 0.86% |
Benchmark Metrics
iShares V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist) has an annualized alpha of 6.45%, beta of 0.03, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since October 06, 2022.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (31.44%) than losses (23.91%) - typical of diversified or defensive assets.
- Beta of 0.03 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
- 6.45%
- Beta
- 0.03
- R²
- 0.00
- Upside Capture
- 31.44%
- Downside Capture
- 23.91%
Return for Risk
Risk / Return Rank
ITEB.L ranks 21 for risk / return — below 21% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist) (ITEB.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.
| ITEB.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.31 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 2.50 | -1.79 |
| Martin ratioReturn relative to average drawdown | 2.22 | 9.11 | -6.89 |
Dividends
Dividend History
iShares V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist) provided a 2.87% dividend yield over the last twelve months, with an annual payout of £0.16 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | £0.16 | £0.16 | £0.14 | £0.12 |
Dividend yield | 2.87% | 2.81% | 2.58% | 2.25% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist). 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.08 | £0.00 | £0.08 | |||||
| 2025 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.08 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.08 | £0.16 |
| 2024 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.07 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.07 | £0.14 |
| 2023 | £0.06 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 | £0.06 | £0.12 |
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 V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist). 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 V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist) was 5.97%, occurring on Dec 28, 2022. Recovery took 232 trading sessions.
The current iShares V PLC - iShares Italy Govt Bond UCITS ETF EUR (Dist) drawdown is 1.61%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-5.97%Dec 2022 | 20d | 11mo 4d | 11mo 24dDec 2022 - Nov 2023 | Bear market2022 |
-4.03%Mar 2026 | 25d | — | 4mo 16dMar 2026 - now | — |
-3.19%Jan 2025 | 1mo 2d | 3mo 11d | 4mo 13dDec 2024 - Apr 2025 | — |
-2.58%Nov 2022 | 10d | 3d | 13dOct 2022 - Nov 2022 | Bear market2022 |
-2.43%Feb 2024 | 1mo 13d | 1mo 17d | 3moDec 2023 - Mar 2024 | — |
Drawdown Indicators
| ITEB.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.97% | -37.07% | +31.10% |
Max Drawdown (1Y)Largest decline over 1 year | -4.03% | -8.03% | +4.00% |
Max Drawdown (3Y)Largest decline over 3 years | -4.03% | -22.15% | +18.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.15% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.01% | — |
Current DrawdownCurrent decline from peak | -1.61% | -1.42% | -0.19% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -5.29% | +4.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 2.20% | -0.91% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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