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ERND ETF · iShares $ Ultrashort Bond UCITS ETF
The ERND Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: Markit iBoxx USD Liquid Investment Grade Ultrashort Index. The ERND ETF provides physical exposure, so by buying it you actually own parts of all the 881 underlying holdings. This share class generates a stream of income by distributing dividends.
Share class
Dist
USD
Last update Yesterday at 7:00 AM UTC
LIVE
CLOSED
This fund is part ofUSD Corp IG Bonds1M perf.+0.48%
Last price
$100.06
1M perf.
+0.35%
1M flows
-€24M
AuM
€507M
TER
0.09%
Rating
ESG Consensus®
ERND
$100.06
Performance & flows
Segment for quartile rank
February 5, 2026 → May 5, 2026
Create a free account to view the flows graph
ERND
$99.87
+0.83%
USD Corp IG Bonds
-0.25%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.35%  | +0.83%  | +4.35%  | +16.26%  | +19.89% | +0.03% | +0.45% | +1.23% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
5/5/2026
$100.04
1D NAV change
+0.01%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
881
Inception date
10/15/2013
Jurisdiction
Ireland
Distribution
Spain
Portugal
Ireland
Switzerland
Austria
Legal structure
Open-end Investment Company
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Share class info
USD distributing
Total AuM of fund
€2.05B
Decimalisation of shares
No
Investment strategy
The Fund seeks to track the performance of an index composed of US Dollar denominated investment grade corporate bonds.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.83% | +4.35% | +16.26% | +19.89% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
1
2
3
4
5
6
7
PRIIPS
1
2
3
4
5
6
7
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
69.18%
Canada
5.63%
Ireland
4.34%
United Kingdom
4.17%
Australia
3.98%
Japan
3.66%
France
2.47%
Germany
2.43%
Netherlands
1.34%
Other
3.69%
Sectors
Banks
29.32%
Insurance and reinsurance
4.44%
Pharmaceutical preparation and biotechnology
4.15%
Financial markets
3.71%
Other financial institutions
3.70%
Leasing and rental
3.35%
Power
3.33%
Motor vehicle production
3.19%
Unavailable
11.29%
Other
33.51%
Diversification
Total weight of top 15 holdings out of 881
Top 15 holdings
Data as of March 31, 2026
IE00BK8MB266
AbbVie, 2.95% 21nov2026, USD
Microsoft, 3.3% 6feb2027, USD
Microsoft, 2.4% 8aug2026, USD
Aercap Holdings, 2.45% 29oct2026, USD
Wells Fargo, 3% 23oct2026, USD
Wells Fargo, 3% 22apr2026, USD (N)
Citigroup, 3.2% 21oct2026, USD
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IBM, 3.3% 15may2026, USD
Goldman Sachs, 3.5% 16nov2026, USD
Oracle, 2.65% 15jul2026, USD
Goldman Sachs, 3.85% 26jan2027, USD (D)
JP Morgan, 2.95% 1oct2026, USD
Morgan Stanley, 3.625% 20jan2027, USD (I)
JPMorgan Chase Bank, 5.11% 8dec2026, USD (25)
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More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of February 27, 2026
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about ERND ETF's sustainability, based on their methodology.
ESG Consensus®
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.
ERND’s has a Final Sustainability Grade of either C+, C, C-, or D.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
64.93% of holdings have positive scoring
34.18% of holdings have negative scoring
34.11%
27.48%
7.68%
20.07%
6.43%
Consensus levels
Strong
Medium
Weak
No data on remaining < 1% of holdings
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Replication
Trackinsight replication rating:
1-year trailing difference
As of April 30, 2026
Create a free account to view the replication graph
ERND
N/A
Replication quality
Calculated over 12m, as of April 30, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model
Issuer
iShares
iShares ID Card
Number of funds
1745
Total AuM
€5.23T
Expense ratio range
0.03% - 1.51%
Average expense ratio
0.284%
Top 5 funds by iShares
| AuM | ||
|---|---|---|
IVV | iShares Core S&P 500 ETF | €689.25B |
IEFA | iShares Core MSCI EAFE ETF | €154.02B |
IEMG | iShares Core MSCI Emerging Markets ETF | €132.53B |
CSSPX | iShares Core S&P 500 UCITS ETF | €121.89B |
IWDA | iShares Core MSCI World UCITS ETF | €117.4B |
Frequently asked questions about ERND
What does iShares $ Ultrashort Bond UCITS ETF, ERND, invest in?
ERND is a Passive ETF. This ETF provides exposure to Developed markets Investment Grade Corporate Bonds.
Which benchmark or index does ERND replicate?
ERND tracks the Markit iBoxx USD Liquid Investment Grade Ultrashort Total Return Index - USD, through a optimized sampling replication method.
What is the Total Expense ratio (TER) of ERND?
ERND carries a total expense ratio (TER) of 0.09%, indicating the annual cost for holding the fund.
When was ERND launched?
ERND was introduced to the market on October 15, 2013. It trades on Spain, among other exchanges
Who is the ETF issuer of ERND?
iShares $ Ultrashort Bond UCITS ETF, ERND, is provided by iShares. Learn more about iShares here.
Does ERND have multiple share classes?
Yes, ERND 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 ERND?
ERND oversees €507M in assets as of May 5, 2026.
How has ERND performed lately?
Based on data from May 5, 2026, ERND returned 0.35% over the past month, 0.83% over the last three months and 1.23% year-to-date.
What are the latest inflows or outflows for ERND?
As of May 5, 2026, ERND recorded net flows of -€24M over the last month and -€1.2M year-to-date.
Does ERND distribute dividends?
ERND follows a distributing dividend policy, meaning it pays out income to investors. As of May 5, 2026, its 12-month trailing yield was 5.74%.
What are the main country or region exposures of ERND?
As of March 31, 2026, ERND has significant geographic allocations in USA, Canada and Ireland.
In which sector or theme does ERND invest in?
As of March 31, 2026, ERND focuses largely on Banks, Insurance and reinsurance and Pharmaceutical preparation and biotechnology.
How many securities does ERND hold and how diversified is it?
As of March 31, 2026, ERND holds 881 positions in its portfolio, with 9.59% of assets concentrated in its top 15 holdings.
What are the main positions in ERND?
As of March 31, 2026, ERND top three holdings include IE00BK8MB266, AbbVie, 2.95% 21nov2026, USD and Microsoft, 3.3% 6feb2027, USD.
What is the base currency of ERND?
The base currency of ERND is USD.
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