iShares $ Treasury Bond 0-3 Month UCITS ETF

iShares $ Treasury Bond 0-3 Month UCITS ETF

About

iShares $ Treasury Bond 0-3 Month UCITS ETF (IE000SSFEUS3) is a UCITS-compliant bond ETF tracking the ICE 0-3 Month US Treasury Bill Index-Daily rebalance. With a TER of 0.07%, it ranks among the lowest-cost options in its category, reinvesting dividends. The fund holds 33 positions across 1 region with 1.4B in assets, with heavy concentration — 98% in United States, 91% in cash & equivalents.

ISIN
Fund Size $1.4B
Issuer iShares
Distribution Re-Invests Dividends
Replication Physical
Inception Sep 2024
Base Currency USD
Index ICE 0-3 Month US Treasury Bill Index-Daily rebalance
Asset Class Bonds
Category Money Market

Costs

9.7
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%
Tracking Difference0.00%
TD Consistency0.00%

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

1.8
With only 33 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
United States Treasury Bill
11.99%
#2
BLK ICS USD LIQ AGENCY DIS
9.87%
#3
United States Treasury Bill
8.92%
#4
United States Treasury Bill
8.01%
#5
United States Treasury Bill
6.80%
#6
United States Treasury Bill
6.04%
#7
United States Treasury Bill
6.02%
#8
United States Treasury Bill
5.90%
#9
United States Treasury Bill
5.11%
#10
United States Treasury Bill
4.86%

Sectors

1.7
This fund is concentrated in just a few of its 3 sectors, reducing diversification.

Regions

4.8
This fund is concentrated in just 2 countries, with significant geographic concentration.

Nerd Stuff

Advanced risk and return metrics (2024-09-23 — 2026-06-18).
0.2%
Volatility
-0.1%
Max Drawdown
-0.06
Sharpe Ratio
-0.17
Sortino Ratio
-0.10
Calmar Ratio
0.19
Beta
-2.42%
Alpha (Jensen's)
0.224
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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