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ERCH
IE0004WPSAM9
Passive ETFFixed Income

ERCH ETF · iShares € Ultrashort Bond UCITS ETF

The ERCH Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: Markit iBoxx EUR Liquid Investment Grade Ultrashort Index. The ERCH ETF provides physical exposure, so by buying it you actually own parts of all the 697 underlying holdings. The dividend policy is capitalization.
Share class
Acc
CHF
Hedged
Last update 5/6/2026, 7:12 AM UTC
LIVE
CLOSED
This fund is part ofEUR Corp IG Bonds1M perf.+2.28%
Last price
CHF 5.03
+0.20%
1M perf.
+0.07%
1M flows
+€232K
AuM
€10M
TER
0.12%
Rating
Not rated
ESG Consensus®
esg grade icon
ERCH
CHF 5.03
+0.20%

Performance & flows

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February 9, 2026 → May 7, 2026
0-5-4-3-2-10%MARAPRMAYMARAPRMAY
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ERCH
CHF 5.01
-0.10%
EUR Corp IG Bonds
-1.80%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+0.07%
icon
-0.10%
icon
+0.01%
icon
N/AN/A
+0.02%
+0.06%
-0.06%
icon
Flows

Key fund info

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Main characteristics
Issuer
ISIN
IE0004WPSAM9
AuM
€10M
icon
TER
0.12%
icon
Replication rating
Not rated
ESG Consensus®
esg grade icon
icon
More details
NAV
5/7/2026
CHF 5.01
1D NAV change
-0.02%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
697
Inception date
10/28/2024
Jurisdiction
Ireland
Distribution
Sweden
United Kingdom
Luxembourg
Italy
Spain
Legal structure
Open-end Investment Company
Base currency
CHF
Classification
Share class info
CHF capitalizing hedged
Total AuM of fund
€6.14B
Decimalisation of shares
No
Investment strategy
The Fund seeks to track the performance of an index composed of Euro denominated investment grade corporate bonds.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
-0.10%
icon
+0.01%
icon
N/A
N/A
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
France
15.21%
USA
13.44%
Germany
13.07%
Ireland
7.07%
United Kingdom
6.24%
Netherlands
6.23%
Italy
5.26%
Spain
5.22%
Unavailable
5.83%
Other
22.42%
Sectors
Banks
32.93%
Power
5.30%
Motor vehicle production
4.29%
Food and beverage production
3.71%
Communication services
3.50%
Pharmaceutical preparation and biotechnology
3.47%
Real estate investment and services
2.42%
Insurance and reinsurance
1.87%
Unavailable
13.87%
Other
28.63%
Diversification
Total weight of top 15 holdings out of 697
Top 15 holdings
Data as of March 31, 2026
IE00B9346255
Deutsche Bank, 1.625% 20jan2027, EUR
XS3181534937
Volkswagen, 1.875% 30mar2027, EUR
Goldman Sachs, 1.625% 27jul2026, EUR (F)
Wells Fargo, 1.375% 26oct2026, EUR
Anheuser-Busch InBev, 1.15% 22jan2027, EUR
Wells Fargo, 1% 2feb2027, EUR (78)
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Credit Agricole SA, 2.625% 17mar2027, EUR
Banque Federative du Credit Mutuel, 0.75% 8jun2026, EUR (485)
Banque Federative du Credit Mutuel, 0.01% 11may2026, EUR (515)
Bayer, 1.5% 26jun2026, EUR
XS3031467171
Societe Generale, 4.25% 28sep2026, EUR
Electricite de France (EDF), 1% 13oct2026, EUR (32)
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Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about ERCH ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


ERCH’s has a Final Sustainability Grade of either B+, B, or B-.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
68.41% of holdings have positive scoring
28.76% of holdings have negative scoring
39.06%
24.83%
7.94%
16.16%
Consensus levels
Strong
Medium
Weak
No data on remaining 2.83% of holdings
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Issuer

iShares
iShares ID Card
Number of funds
1748
Total AuM
€5.27T
Expense ratio range
0.03% - 1.51%
Average expense ratio
0.284%

Frequently asked questions about ERCH

What does iShares € Ultrashort Bond UCITS ETF, ERCH, invest in?

ERCH is a Passive ETF. This ETF provides exposure to Investment Grade Corporate Bonds.

Which benchmark or index does ERCH replicate?

ERCH tracks the Markit iBoxx EUR Liquid Investment Grade Ultrashort Total Return Index - EUR, through a optimized sampling replication method.

What is the Total Expense ratio (TER) of ERCH?

ERCH carries a total expense ratio (TER) of 0.12%, indicating the annual cost for holding the fund.

When was ERCH launched?

ERCH was introduced to the market on October 28, 2024. It trades on Sweden, among other exchanges

Who is the ETF issuer of ERCH?

iShares € Ultrashort Bond UCITS ETF, ERCH, is provided by iShares. Learn more about iShares here.

Does ERCH have multiple share classes?

Yes, ERCH is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

What is the current assets under management (AUM) of ERCH?

ERCH oversees €10M in assets as of May 7, 2026.

How has ERCH performed lately?

Based on data from May 7, 2026, ERCH returned 0.07% over the past month, -0.10% over the last three months and -0.06% year-to-date.

What are the latest inflows or outflows for ERCH?

As of May 7, 2026, ERCH recorded net flows of +€231K over the last month and -€878K year-to-date.

Does ERCH distribute dividends?

ERCH follows a capitalizing, meaning it reinvests income within the fund.

What are the main country or region exposures of ERCH?

As of March 31, 2026, ERCH has significant geographic allocations in France, USA and Germany.

In which sector or theme does ERCH invest in?

As of March 31, 2026, ERCH focuses largely on Banks, Power and Motor vehicle production.

How many securities does ERCH hold and how diversified is it?

As of March 31, 2026, ERCH holds 697 positions in its portfolio, with 11.54% of assets concentrated in its top 15 holdings.

What are the main positions in ERCH?

As of March 31, 2026, ERCH top three holdings include IE00B9346255, Deutsche Bank, 1.625% 20jan2027, EUR and XS3181534937.

What is the base currency of ERCH?

The base currency of ERCH is CHF.

Is ERCH currency-hedged?

ERCH is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.

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