iShares USD Green Bond ETF
Grades compare a fund with genuinely similar funds. This fund's comparison group currently has too few members for a fair comparison, so no letter is published.
The ETF.net BGRN Grade
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Too few comparable funds to grade fairly
Grades compare a fund with genuinely similar funds. This fund's comparison group currently has too few members for a fair comparison, so no letter is published.
Our read on BGRN
Green bonds, indexed. BGRN tracks global investment-grade dollar bonds whose proceeds are earmarked for environmental projects, charges 0.20%, and pays monthly. A literal mandate, not an ESG tilt.
The fund seeks to track an index of global investment-grade USD green bonds whose proceeds support environmental projects.
Why people hold it
- 0.20% a year, half the median fee in its bond peer group. The green screen costs little versus plain bond exposure.
- The mandate is literal: bonds whose proceeds fund environmental projects, per index rules, not an ESG label bolted onto ordinary corporate debt.ishares.com
- About 300 bonds from issuers worldwide, all dollar-denominated, so there's no currency bet layered on top of the credit exposure.ishares.com
- Running since 2018 and distributing monthly, and it stands among the stronger implementations in its bond peer group.
Worth knowing
- Trades thin next to core bond funds. Limit orders and mid-session execution matter more here.
- Prices move with interest rates like any bond fund. The green screen changes what it owns, not how bonds behave.
- "Green" means what the Bloomberg MSCI index rules say it means, so eligibility is the provider's call rather than a universal standard.ishares.com
BGRN Holdings
- Bonds
- 318
- 12%
- European Investment Bank 4.38% 10/10/2031
Sectors
- Agency24.1%
- Financial Institutions21.3%
- Utility20.3%
- Industrial14.1%
- Supranational9.4%
- Sovereign8.9%
- Local Authority1.9%
Geography
- United States40.91%
- Hong Kong8.42%
- Cayman Islands7.63%
- Luxembourg6.96%
- United Arab Emirates6.50%
- South Korea5.33%
- Japan4.71%
- Germany2.70%
- 16.83%
Developed 47% · Emerging 53%
BGRN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
BGRN$9,922
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BGRN |
|---|---|
| Year to date | −1.5% |
| 1 month | −0.9% |
| 3 months | −2.0% |
| 1 year | −0.8% |
| 3 years | +5.0% |
| 5 years | +0.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BGRN |
|---|---|---|
| 2026 YTD | −1.5% | |
| 2025 | +7.3% | |
| 2024 | +2.8% | |
| 2023 | +6.5% | |
| 2022 | −13.1% | |
| 2021 | −2.8% | |
| 2020 | +6.9% |
BGRN in the news
BGRN Dividends
- 4.48%
- $2.05
- $0.18 per share
- Monthly
Distribution history
BGRN Risk
- 4.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.03
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.78
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BGRN Cost
0.20%