iShares Brazil LTN BRL Govt Bond UCITS ETF (DE)

iShares Brazil LTN BRL Govt Bond UCITS ETF (DE)

About

iShares Brazil LTN BRL Govt Bond UCITS ETF (DE) (DE000A2QP4D2) is a UCITS-compliant bond ETF tracking the JP Morgan Brazilian Zero-Coupon (LTN) Bond Index. With a TER of 0.35%, it is moderately priced, reinvesting dividends. The fund holds 14 positions across 1 region with 1.2B in assets.

ISIN
Fund Size €1.2B
Issuer iShares
Distribution Re-Invests Dividends
Replication Physical
Inception Sep 2025
Base Currency USD
Index JP Morgan Brazilian Zero-Coupon (LTN) Bond Index
Asset Class Bonds
Category Aggregate Bond

Costs

7.6
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%
Tracking Difference0.00%

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

1.0
With only 14 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
Brazil Letras Do Tesouro Nacional
0.19%
#2
Brazil Letras do Tesouro Nacional
0.14%
#3
BRAZIL FEDERATIVE REPUBLIC OF (GOV
0.14%
#4
BRAZIL FEDERATIVE REPUBLIC OF (GOV
0.13%
#5
Brazil Letras Do Tesouro Nacional
0.13%
#6
Brazil Letras Do Tesouro Nacional
0.09%
#7
Brazil Letras Do Tesouro Nacional
0.07%
#8
Brazil Letras do Tesouro Nacional
0.06%
#9
BRAZIL FEDERATIVE REPUBLIC OF (GOV
0.03%
#10
USD CASH
0.02%

Sectors

1.0
This fund is concentrated in just a few of its 2 sectors, reducing diversification.

Regions

1.0
This fund is concentrated in just 2 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2025-09-23 — 2026-05-28).
10.0%
Volatility
-5.2%
Max Drawdown
0.90
Sharpe Ratio
1.29
Sortino Ratio
1.72
Calmar Ratio
0.24
Beta
15.00%
Alpha (Jensen's)
0.055
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

Broker Availability

Where you can buy this ETF.
Trade Republic
Trade
€1.00
Savings Plan
Free
Account
Free
Trading 212
Trade
Free
Savings Plan
Free
Account
Free

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