iShares Yield Optimized Bond ETF
$21.84−0.03 (−0.14%)
- 0.41%
- $423M
- +0.4%
- 5.45%
- 90.3K sh
- low $21.39high $23.06
The ETF.net BYLD Grade
B
Score 63 out of 100
- 51 of 116
Score 63 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.D29 out of 100Rank 81 of 115Mission
Whether the fund did what it promised, tested against its stated mandate.A95 out of 100Rank 66 of 100Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B61 out of 100Rank 23 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 38 of 116Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A95 out of 100Rank 2 of 115Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 35 of 116
Our read on BYLD
In short
BMost core bond funds buy the whole market and take whatever yield falls out. BYLD tracks an index built from other iShares bond funds, tilted toward the higher-income corners of US fixed income, and pays monthly.
Stated mandate
The fund seeks to track the Morningstar U.S. Bond Market Yield-Optimized Index, which targets high-yielding U.S. fixed-income securities and provides diversified bond exposure.
Why people hold it
Worth knowing
BYLD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
BYLD$10,042
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 | BYLD |
|---|---|
| Year to date | −0.1% |
| 1 month | +2.0% |
| 3 months | −0.6% |
| 1 year | +0.4% |
| 3 years | +6.7% |
| 5 years | +1.9% |
| 10 years | +2.6% |
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 | BYLD |
|---|---|---|
| 2026 YTD | −0.1% | |
| 2025 | +8.4% | |
| 2024 | +4.2% | |
| 2023 | +8.3% | |
| 2022 | −10.3% | |
| 2021 | −1.3% | |
| 2020 | +3.9% |
BYLD in the news
BYLD Dividends
- 5.45%
- $1.19
- $0.09 per share
- Monthly
BYLD Risk
- 4.9%
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.
- 0.45
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.
- −14.1%
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.
- 0.78
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.
BYLD Cost
Overpaying vs BKAG, cheapest in US Aggregate Bond
$8,281
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
BYLD 0.41%
$8,281
BKAG 0.00% Cheapest
$0
Cost over time
Year by year
| Year | BYLD | BKAG | Overpaying |
|---|---|---|---|
| 10 | $741 | $0 | $741 |
| 20 | $2,860 | $0 | $2,860 |
| 30 | $8,281 | $0 | $8,281 |
Other funds in US Aggregate Bond
- BHCRBHartford Core Bond ETFExpense ratio 0.29%1 year return −0.6%
- BJSCPJPMorgan Short Duration Core Plus ETFExpense ratio 0.33%1 year return +1.8%
- BGBNDGoldman Sachs Core Bond ETFExpense ratio 0.25%1 year return −0.5%
- BVCOBVoya Core Bond ETFExpense ratio 0.25%1 year return
- BCORBAB Core Bond ETFExpense ratio 0.28%1 year return
