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ERNE ETF · iShares € Ultrashort Bond UCITS ETF
The ERNE Exchange Traded Fund (ETF) is provided by iShares. It is built to track an index: Markit iBoxx EUR Liquid Investment Grade Ultrashort Index. The ERNE ETF provides physical exposure, so by buying it you actually own parts of all the 677 underlying holdings. This share class generates a stream of income by distributing dividends.
Share class
Dist
EUR
Last update Yesterday at 8:00 AM UTC
LIVE
CLOSED
This fund is part ofEUR Corp IG Bonds1M perf.-2.70%
Last price
€101.24
1M perf.
+0.10%
1M flows
-€16M
AuM
€3.62B
E/R
0.09%
Rating
ESG Consensus®
ERNE
€101.24
Performance & flows
Segment for quartile rank
December 10, 2025 → March 10, 2026
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ERNE
€101.16
+0.52%
EUR Corp IG Bonds
+0.01%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.10%  | +0.52% | +2.43%  | +10.49% | +10.24% | 0.00% | +0.40% | +0.40% | |
| Flows |
Key fund info
Segment for quartile rank
Main characteristics
More details
NAV
3/10/2026
€101.20
1D NAV change
+0.02%
Dividend policy
Replication method
Direct (Physical)
Replication model
Optimized sampling
No. of holdings
677
Inception date
10/16/2013
Jurisdiction
Ireland
Distribution
Sweden
Finland
Switzerland
Austria
Liechtenstein
Legal structure
Open-end Investment Company
Base currency
EUR
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Benchmark
Markit iBoxx EUR Liquid Investment Grade Ultrashort Index
Asset class
Factors
N/A
Share class info
EUR distributing
Total AuM of fund
€6.11B
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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Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
Enterprise
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.52% | +2.43% | +10.49% | +10.24% |
| 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
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
France
15.04%
Germany
14.06%
USA
13.30%
Ireland
7.00%
Netherlands
6.45%
United Kingdom
5.86%
Italy
5.45%
Spain
4.97%
Unavailable
6.00%
Other
21.86%
Sectors
Banks
33.85%
Power
5.17%
Communication services
4.05%
Motor vehicle production
3.97%
Pharmaceutical preparation and biotechnology
3.76%
Food and beverage production
2.40%
Real estate investment and services
2.16%
Oil and gas extraction and refining
2.05%
Unavailable
13.79%
Other
28.80%
Diversification
Total weight of top 15 holdings out of 677
Top 15 holdings
Data as of January 31, 2026
IE00B9346255
XS3181534937
Goldman Sachs, 1.625% 27jul2026, EUR (F)
Wells Fargo, 1.375% 26oct2026, EUR
Rabobank, 1.25% 23mar2026, 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
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XS3031467171
Societe Generale, 4.25% 28sep2026, EUR
Electricite de France (EDF), 1% 13oct2026, EUR (32)
AT&T Inc, 1.8% 5sep2026, EUR
Rabobank, FRN 16jul2028, EUR
Morgan Stanley, 1.375% 27oct2026, EUR (G)
Credit Agricole (London Branch), 1.875% 20dec2026, EUR
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Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about ERNE 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.
ERNE’s has a Final Sustainability Grade of either B+, B, or B-.
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
69.79% of holdings have positive scoring
29.83% of holdings have negative scoring
4.71%
40.43%
24.65%
9.13%
16.57%
Consensus levels
Strong
Medium
Weak
No data on remaining < 1% of holdings
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
Markit iBoxx EUR Liquid Investment Grade Ultrashort Total Return Index - EUR
Index ticker
IBXXUSE1 Index
Index dividend policy
GTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
iShares
iShares ID Card
Number of funds
1718
Total AuM
€4.97T
Expense ratio range
0.03% - 1.51%
Average expense ratio
0.285%
Top 5 funds by iShares
| AuM | ||
|---|---|---|
IVV | iShares Core S&P 500 ETF | €631.44B |
IEFA | iShares Core MSCI EAFE ETF | €148.92B |
IEMG | iShares Core MSCI Emerging Markets ETF | €120.87B |
AGG | iShares Core U.S. Aggregate Bond ETF | €120.57B |
CSSPX | iShares Core S&P 500 UCITS ETF | €113.95B |
Frequently asked questions about ERNE
What does iShares € Ultrashort Bond UCITS ETF, ERNE, invest in?
ERNE is a Passive ETF. This ETF provides exposure to Investment Grade Corporate Bonds.
Which benchmark or index does ERNE replicate?
ERNE 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 ERNE?
ERNE carries a total expense ratio (TER) of 0.09%, indicating the annual cost for holding the fund.
When was ERNE launched?
ERNE was introduced to the market on October 16, 2013. It trades on Sweden, among other exchanges
Who is the ETF issuer of ERNE?
iShares € Ultrashort Bond UCITS ETF, ERNE, is provided by iShares. Learn more about iShares here.
Does ERNE have multiple share classes?
Yes, ERNE 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 ERNE?
ERNE oversees €3.62B in assets as of March 10, 2026.
How has ERNE performed lately?
Based on data from March 10, 2026, ERNE returned 0.10% over the past month, 0.52% over the last three months and 0.40% year-to-date.
What are the latest inflows or outflows for ERNE?
As of March 10, 2026, ERNE recorded net flows of -€16M over the last month and -€141M year-to-date.
Does ERNE distribute dividends?
ERNE follows a distributing dividend policy, meaning it pays out income to investors. As of March 10, 2026, its 12-month trailing yield was 2.73%.
What are the main country or region exposures of ERNE?
As of January 31, 2026, ERNE has significant geographic allocations in France, Germany and USA.
In which sector or theme does ERNE invest in?
As of January 31, 2026, ERNE focuses largely on Banks, Power and Communication services.
How many securities does ERNE hold and how diversified is it?
As of January 31, 2026, ERNE holds 677 positions in its portfolio, with 11.20% of assets concentrated in its top 15 holdings.
What are the main positions in ERNE?
As of January 31, 2026, ERNE top three holdings include IE00B9346255, XS3181534937 and Goldman Sachs, 1.625% 27jul2026, EUR (F).
What is the base currency of ERNE?
The base currency of ERNE is EUR.
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