iShares $ Short Duration High Yield Corp Bond UCITS ETF

iShares $ Short Duration High Yield Corp Bond UCITS ETF

About

iShares $ Short Duration High Yield Corp Bond UCITS ETF (IE0004MNX2U1) is a UCITS-compliant bond ETF tracking the Markit iBoxx USD Liquid High Yield 0-5 Capped Index USD. With a TER of 0.47%, its costs are on the higher end for an ETF, distributing dividends. The fund holds 1,173 positions across 18 regions with 149M in assets, with heavy concentration — 53% in United States.

ISIN
Fund Size £149.0M
Issuer iShares
Distribution Pays Dividends
Replication Physical
Inception Jul 2025
Base Currency GBP
Index Markit iBoxx USD Liquid High Yield 0-5 Capped Index USD
Asset Class Bonds
Category High Yield Bond

Costs

7.7
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%

Holdings

7.8
This fund spreads its investments across 1,173 individual holdings, providing broad diversification.
#1
BLK ICS USD LEAF AGENCY DIST
2.08%
#2
DISH DBS CORP
1.16%
#3
MXN CASH
1.07%
#4
URI 4.875% 1/28
0.99%
#5
SBA Communications Corp
0.86%
#6
ICAHN ENTERPRISES LP
0.84%
#7
SBA Communications Corp
0.84%
#8
DISH DBS CORP
0.83%
#9
MPT OP PTNR/F 5% Oct27
0.81%
#10
Teva Pharmaceutical Finance Netherlands
0.71%

Sectors

7.2
This fund invests across 12 sectors, though some concentration exists in a few areas.

Regions

5.9
This fund invests across 19 countries, though its geographic allocation deviates somewhat from the global market.

Nerd Stuff

Advanced risk and return metrics (2025-07-24 — 2026-06-18).
3.1%
Volatility
-4.3%
Max Drawdown
-0.82
Sharpe Ratio
-0.92
Sortino Ratio
-0.60
Calmar Ratio
0.02
Beta
-3.01%
Alpha (Jensen's)
0.002
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

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