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iShares USD Treasury Bond 0-3 Month UCITS ETF USD ...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
IE000SSFEUS3
Issuer
iShares
Inception Date
Oct 7, 2024
Leveraged
1x (No leverage)
Index Tracked
ICE 0-3 Month US Treasury Bill Index
Domicile
Ireland
Distribution Policy
Accumulating
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) (U03A.L) has returned 0.85% so far this year and 4.10% over the past 12 months.


iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc)

1D
0.01%
1M
0.30%
YTD
0.85%
6M
1.91%
1Y
4.10%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 26, 2024, U03A.L's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, your investment would double in approximately 16.5 years.

Historically, 100% of months were positive and 0% were negative. The best month was Dec 2024 with a return of +0.5%, while the worst month was Jan 2026 at 0.3%. The longest winning streak lasted 18 consecutive months, and the longest losing streak was 0 months.

On a daily basis, U03A.L closed higher 71% of trading days. The best single day was Jan 15, 2025 with a return of +0.6%, while the worst single day was Jan 14, 2025 at -0.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.26%0.29%0.30%0.85%
20250.31%0.29%0.37%0.35%0.34%0.36%0.39%0.37%0.33%0.36%0.33%0.35%4.22%
20240.39%0.44%0.50%1.33%

Benchmark Metrics

iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) has an annualized alpha of 4.44%, beta of 0.00, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since October 01, 2024.

  • This ETF captured 10.67% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -15.37%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.00 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
4.44%
Beta
0.00
0.00
Upside Capture
10.67%
Downside Capture
-15.37%

Expense Ratio

U03A.L has an expense ratio of 0.07%, which is considered low.


Return for Risk

Risk / Return Rank

U03A.L ranks 99 for risk / return — in the top 99% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


U03A.L Risk / Return Rank: 9999
Overall Rank
U03A.L Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
U03A.L Sortino Ratio Rank: 9999
Sortino Ratio Rank
U03A.L Omega Ratio Rank: 9999
Omega Ratio Rank
U03A.L Calmar Ratio Rank: 100100
Calmar Ratio Rank
U03A.L Martin Ratio Rank: 9999
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) (U03A.L) and compare them to a chosen benchmark (S&P 500 Index).


U03A.LBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

8.06

0.90

+7.16

Sortino ratio

Return per unit of downside risk

17.09

1.39

+15.70

Omega ratio

Gain probability vs. loss probability

4.18

1.21

+2.96

Calmar ratio

Return relative to maximum drawdown

42.97

1.40

+41.57

Martin ratio

Return relative to average drawdown

225.85

6.61

+219.24

Explore U03A.L risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


iShares USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) doesn't pay dividends

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 USD Treasury Bond 0-3 Month UCITS ETF USD (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 USD Treasury Bond 0-3 Month UCITS ETF USD (Acc) was 0.83%, occurring on Jan 14, 2025. Recovery took 12 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-0.83%Jan 10, 20253Jan 14, 202512Jan 30, 202515
-0.1%Feb 17, 20251Feb 17, 20258Feb 27, 20259
-0.1%Oct 13, 20251Oct 13, 20253Oct 16, 20254
-0.09%Apr 11, 20252Apr 14, 20253Apr 17, 20255
-0.08%Apr 8, 20251Apr 8, 20252Apr 10, 20253

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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