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IBCA

GradeBNew York Stock Exchange Arca

iShares iBonds Dec 2035 Term Corporate ETF

Target Maturity Bond · IShares · Inception 2025-03-24

$24.36−0.33 (−1.34%)

As of Sep 23, 2026, 2:14 PM EDT

History starts Mar 24, 2025.
Intraday session: down, 36 prints from 24.69 to 24.36. Range 24.36 to 24.65. Use the arrow keys to read each point.$24.40$24.50$24.6010 AM12 PM2 PM4 PM
Expense ratio
0.10%
Fund size
$413M
1Y return
−0.7%
Yield · Last 12 months
4.94%
Holdings
415
Volume · 30D
0.1M sh
NAV per share
$24.65
52W range
low $24.48high $26.38

The ETF.net IBCA Grade

B

56/ 100

Rank 29 of 43 in Defined-Maturity Investment Grade Corporate⁠

Confidence High

Six-pillar profile for IBCA. Scores out of 100: Cost 49, Risk 35, Mission 86, Tradability 36, Holdings 70, Durability 50. Strongest: Mission (86). Weakest: Risk (35). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 49
    Category rank23/43 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 86
    Category rank28/32 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 35
    Category rank31/43 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 36
    Category rank29/43 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 70
    Category rank16/42 · top 38%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 50
    Category rank27/43 · mid-pack

Graded as of Sep 22, 2026

Our read on IBCA

ETF.net Research

BA single rung near the long end of the corporate bond ladder: IBCA holds a basket of investment-grade corporates all maturing in 2035, pairing a bond's defined maturity year with an ETF's diversification.

Stated mandate

The fund seeks to track an index of investment-grade corporate bonds maturing in 2035, offering income potential and a defined-maturity bond-ladder strategy.

Why people hold it

  1. 01Defined maturity is the whole point: only investment-grade corporates maturing in 2035, so it works as one rung in a build-it-yourself ladder.ishares.com
  2. 02About 400 bonds dilute any one issuer's credit trouble, and income arrives monthly.
  3. 03Costs 0.10% a year, in line with the typical target-maturity bond fund, and it has stayed close to its Bloomberg December 2035 Maturity Corporate Index.
  4. 04Lands in the upper half of a crowded target-maturity bond field, with no structural quirks flagged in how it is built.

Worth knowing

  1. 01A 2035 finish line means years of interest-rate sensitivity: prices swing more than short-dated rungs when yields move.
  2. 02Launched in 2025, so the track record is thin, and trading is moderate rather than heavy. Limit orders earn their keep.
  3. 03Matched on fee, not cheapest: IBTJ (0.07%) and VBCB (0.08%) undercut it, though they cover different maturity years and, for IBTJ, Treasuries.

IBCA Holdings

As of Sep 22, 2026, 5:10 AM
Asset class
Bonds
Holdings
415
Top-10 weight
9%
Largest holding
META PLATFORMS INC 4.88% 11/15/20351.9%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 28.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—META PLATFORMS INC 4.88% 11/15/20351.91%0$8M41
002—ORACLE CORPORATION 5.20% 09/26/20351.10%0$5M53
003—ALPHABET INC 4.70% 11/15/20351.08%0$4M38
004—AMAZON.COM INC 4.65% 11/20/20351.03%0$4M36
005—BROADCOM INC 3.14% 11/15/20350.80%0$3M39
006—BROADCOM INC 5.20% 07/15/20350.74%0$3M43
007—SYNOPSYS INC 5.15% 04/01/20350.72%0$3M47
008—ABBVIE INC 4.50% 05/14/20350.69%0$3M32
009—VERIZON COMMUNICATIONS INC 5.25% 04/02/20350.67%0$3M37
010—BLK CSH FND TREASURY SL AGENCY0.66%0$3M440
011—AT&T INC 4.50% 05/15/20350.66%0$3M39
012—VERIZON COMMUNICATIONS INC 4.78% 02/15/20350.64%0$3M31
013—CHARTER COMMUNICATIONS OPERATING L 6.38% 10/23/20350.61%0$3M37
014—MARSH & MCLENNAN COMPANIES INC 5.00% 03/15/20350.56%0$2M34
015—TAKEDA US FINANCING INC 5.20% 07/07/20350.53%0$2M33

Showing 1–15 of 417 holdings

IBCA Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IBCA$9,933
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. IBCA $9,933. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 IBCA. Periods over one year show the average yearly return.
PeriodIBCA
Year to date−1.7%
1 month−0.9%
3 months−2.0%
1 year−0.7%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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 IBCA
YearReturn barIBCA
2026 YTD−1.7%
2025+2579.0%

Since listing, Mar 24, 2025

IBCA in the news

ETF.net Research hasn’t filed on IBCA yet — coverage lands here as it’s written.

IBCA 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 Sep 22, 2026.
4.94%Last 12 months
Payout per share
$1.22Last 12 months
Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2025–2026

One bar per payment. 17 payments from 2025 to 2026 YTD. May 1, 2025 $0.04; Jun 2, 2025 $0.11; Jul 1, 2025 $0.10; Aug 1, 2025 $0.08; Sep 2, 2025 $0.10; Oct 1, 2025 $0.10; Nov 3, 2025 $0.10; Dec 1, 2025 $0.10; Dec 19, 2025 $0.10; Feb 2, 2026 $0.10; Mar 2, 2026 $0.10; Apr 1, 2026 $0.10; May 1, 2026 $0.10; Jun 1, 2026 $0.10; Jul 1, 2026 $0.10; Aug 3, 2026 $0.10; Sep 1, 2026 $0.10. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.10
Aug 3, 2026Aug 6, 2026$0.10
Jul 1, 2026Jul 7, 2026$0.10
Jun 1, 2026Jun 4, 2026$0.10
May 1, 2026May 6, 2026$0.10
Apr 1, 2026Apr 7, 2026$0.10
Mar 2, 2026Mar 5, 2026$0.10
Feb 2, 2026Feb 5, 2026$0.10
Dec 19, 2025Dec 24, 2025$0.10
Dec 1, 2025Dec 4, 2025$0.10
Nov 3, 2025Nov 6, 2025$0.10
Oct 1, 2025Oct 6, 2025$0.10

IBCA Risk

How much the fund’s monthly returns vary, scaled to a year.
3.7%
Annualised · 17 months to Aug 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.
−0.01
vs 3-month T-bills · 17 months to Aug 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.
−4.0%
17 months · trough Sep 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.
0.13
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.

IBCA Cost

Expense ratio0.10%
  • The middle half of Defined-Maturity Investment Grade Corporate funds
  • Median 0.10%

10 of the 42 Defined-Maturity Investment Grade Corporate funds charge less.

IBCA costs $10.00 a year on $10,000. The median Defined-Maturity Investment Grade Corporate fund costs $10.00.