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iShares Flexible Income Active ETF

BINCNYSE ArcaiSharesB

$50.58−0.23 (−0.45%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: down, 79 prints from 50.81 to 50.58. Range 50.56 to 50.66. Use the arrow keys to read each point.50.6550.7050.7510 AM12 PM2 PM4 PM
Expense ratio
0.40%*
Fund size
$16.9B
1Y total return
+1.1%
Yield · Last 12 months
6.49%
Holdings
4354
Avg volume · 30D
2.19M sh
52W range
low $50.43high $53.42
Launched

*After a fee waiver that ends Jun 30, 2027. Without it: 0.52%.

The ETF.net BINC Grade

B

Score 68 out of 100

Rank
8 of 29
Six-pillar profile for BINC. Scores out of 100: Cost 54, Risk 69, Mission 80, Tradability 70, Holdings 72, Durability 80. Strongest: Mission (80). Weakest: Cost (54). Leans toward Mission and Durability.

Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C54 out of 100
    Rank 13 of 29
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A80 out of 100
    Rank 17 of 27
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B69 out of 100
    Rank 7 of 29
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A70 out of 100
    Rank 6 of 29
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A72 out of 100
    Rank 8 of 29
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 6 of 29

Our read on BINC

ETF.net Research

In short

BThe anti-Agg. BINC's prospectus caps plain-vanilla Treasuries, agency MBS and US investment grade corporates at 20% of assets, turning a BlackRock credit team loose on global income. 0.40% net of a waiver through June 30, 2027.

Stated mandate

The fund seeks to maximize long-term income by primarily investing in debt and other income-producing securities.

Why people hold it

  • Prospectus caps plain US core bonds (Treasuries, agency MBS, US investment grade corporates) at 20% of assets and allows unlimited high yield. Not an Agg tracker in disguise.sec.gov
  • 0.40% net of a waiver through June 30, 2027 (0.52% gross) buys a fully active global credit desk, and lands near the category median fee.
  • A multi-billion-dollar fund, actively traded, spreading risk across thousands of bond positions and paying income monthly.
  • Sits in the upper half of its global bond peer group, and the portfolio matches the flexible, multi-sector mandate its documents describe.

Worth knowing

  • Non-diversified under the 1940 Act and free to hold unlimited below investment grade debt, so credit risk is central rather than incidental.sec.gov
  • Index rivals cost less: BNDW charges 0.05% and DFGP 0.22% net of a waiver through February 28, 2027.
  • No index to grade it against. Returns ride on the team's sector calls, and the prospectus permits active, frequent trading.sec.gov

BINC Performance

Launched May 19, 2023

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.Not enough history yet.
BINC$10,113
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. BINC $10,113. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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.

Trailing total return for BINC. Periods over one year show the average yearly return.
PeriodBINC
Year to date+0.1%
1 month+0.5%
3 months−1.0%
1 year+1.1%
3 yearsper year+6.2%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BINC
YearReturn barBINC
2026 YTD+0.1%
2025+7.6%
2024+5.8%
2023+7.1%

History from May 23, 2023

BINC in the news

BINC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
6.49%Last 12 months
Payout per share
$3.28Last 12 months
Upcoming payment
$0.23 per share
Pays on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 41 payments from 2023 to 2026 YTD. Jul 3, 2023 $0.25; Aug 1, 2023 $0.20; Sep 1, 2023 $0.17; Oct 2, 2023 $0.24; Nov 1, 2023 $0.23; Dec 1, 2023 $0.14; Dec 14, 2023 $0.40; Feb 1, 2024 $0.07; Mar 1, 2024 $0.24; Apr 1, 2024 $0.20; May 1, 2024 $0.24; Jun 3, 2024 $0.25; Jul 1, 2024 $0.25; Aug 1, 2024 $0.26; Sep 3, 2024 $0.25; Oct 1, 2024 $0.36; Nov 1, 2024 $0.24; Dec 2, 2024 $0.24; Dec 18, 2024 $0.58; Feb 3, 2025 $0.24; Mar 3, 2025 $0.22; Apr 1, 2025 $0.24; May 1, 2025 $0.24; Jun 2, 2025 $0.23; Jul 1, 2025 $0.24; Aug 1, 2025 $0.23; Sep 2, 2025 $0.23; Oct 1, 2025 $0.22; Nov 3, 2025 $0.22; Dec 1, 2025 $0.36; Dec 19, 2025 $0.43; Feb 2, 2026 $0.22; Mar 2, 2026 $0.21; Apr 1, 2026 $0.23; May 1, 2026 $0.22; Jun 1, 2026 $0.24; Jul 1, 2026 $0.23; Aug 3, 2026 $0.23; Sep 1, 2026 $0.23; Oct 1, 2026 $0.23; Nov 2, 2026 $0.23. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.23
Oct 1, 2026Oct 6, 2026$0.23
Sep 1, 2026Sep 4, 2026$0.23
Aug 3, 2026Aug 6, 2026$0.23
Jul 1, 2026Jul 7, 2026$0.23
Jun 1, 2026Jun 4, 2026$0.24
May 1, 2026May 6, 2026$0.22
Apr 1, 2026Apr 7, 2026$0.23
Mar 2, 2026Mar 5, 2026$0.21
Feb 2, 2026Feb 5, 2026$0.22
Dec 19, 2025Dec 24, 2025$0.43
Dec 1, 2025Dec 4, 2025$0.36

See all 41 payments⁠

$10,000 in BINC 3 years ago paid $1,800 in dividends.⁠

BINC Risk

How much the fund’s monthly returns vary, scaled to a year.
3.5%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.54
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−2.7%
41 months · trough Mar 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.52
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BINC Cost

Overpaying vs BNDW, cheapest in Global Aggregate Bond (Unhedged)

$7,030

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BINC 0.40%

    $8,090

  • BNDW 0.05% Cheapest

    $1,060

$10,000
30 years

Cost over time

  • BINC 0.40%
  • BNDW 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530BINC $8,090BNDW $1,060

Year by year

YearBINCBNDWOverpaying
10$723$92$631
20$2,793$360$2,433
30$8,090$1,060$7,030
How the 0.40% is worked out

Full fee 0.52%− waiver 0.12%= you pay 0.40%

The waiver ends Jun 30, 2027. After that the fee is 0.52% unless iShares renews it. Source: prospectus, Nov 2025.

Other funds in Global Aggregate Bond (Unhedged)