Filings Digest
11 Strive funds will move to NYSE Arca on Dec. 15
iShares Total Return Active ETF
The ETF.net BRTR Grade
B
Score 61 out of 100
- 14 of 29
Score 61 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.B61 out of 100Rank 12 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D26 out of 100Rank 29 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C45 out of 100Rank 18 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C40 out of 100Rank 22 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B62 out of 100Rank 11 of 29
Our read on BRTR
In short
BThe ETF edition of BlackRock's Total Return strategy: Rick Rieder's fixed income team running a core-plus bond book against the Bloomberg U.S. Aggregate, for 0.38% net of a waiver through June 30, 2027.
Stated mandate
The Fund seeks total returns above the Bloomberg U.S. Aggregate Bond Index through an actively managed, diversified fixed-income portfolio.
Why people hold it
Worth knowing
BRTR Holdings
- Bonds
- 2,955
- 32%
- Umbs 30YR Tba(Reg A) 5.50% 11/12/2026 (UM30)
Sectors
- Energy25.4%
- Financials22.1%
- Technology18.5%
- Communication17.2%
- Consumer Discretionary6.4%
- Industrials3.5%
- Utilities2.7%
- Real Estate2.3%
- Materials1.4%
- Health Care0.6%
Geography
- United States97.40%
- Cayman Islands1.50%
- United Kingdom1.10%
BRTR 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.Not enough history yet.Not enough history yet.
BRTR$9,957
Returns run to the Oct 30, 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 | BRTR |
|---|---|
| Year to date | −0.8% |
| 1 month | +2.2% |
| 3 months | −0.4% |
| 1 year | −0.4% |
| 3 years | |
| 5 years | |
| 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 | BRTR |
|---|---|---|
| 2026 YTD | −0.8% | |
| 2025 | +8.1% | |
| 2024 | +1.3% | |
| 2023 | +0.4% |
BRTR in the news
BRTR Dividends
- 4.80%
- $2.34
- $0.19 per share
- Monthly
BRTR Risk
- 5.0%
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.
- −0.27
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.
- −5.1%
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.
- 0.18
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.
BRTR Cost
Overpaying vs BNDW, cheapest in Global Aggregate Bond (Unhedged)
$6,646
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BRTR 0.38%
$7,706
BNDW 0.05% Cheapest
$1,060
Cost over time
Year by year
| Year | BRTR | BNDW | Overpaying |
|---|---|---|---|
| 10 | $688 | $92 | $596 |
| 20 | $2,658 | $360 | $2,298 |
| 30 | $7,706 | $1,060 | $6,646 |
You pay 0.38%Waived by iShares 0.03%
Full fee 0.41% waiver 0.03% you pay 0.38%
Other funds in Global Aggregate Bond (Unhedged)
- BSDFIAB Short Duration Income ETFExpense ratio 0.30%1 year return +2.1%
- BSDSIAmerican Century Short Duration Strategic Income ETFExpense ratio 0.32%1 year return +2.7%
- BHFSIHartford Strategic Income ETFExpense ratio 0.49%1 year return 0.0%
- BPYLDPIMCO Multisector Bond Active Exchange-Traded FundExpense ratio 0.56%1 year return +1.6%
- BBONDPIMCO Active Bond Exchange-Traded FundExpense ratio 0.51%1 year return −0.1%
