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IBCB

GradeCNew York Stock Exchange Arca

iShares iBonds Dec 2036 Term Corporate ETF

Target Maturity Bond · IShares · Inception 2026-03-24 · SEC filings

$23.95−0.29 (−1.20%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Mar 26, 2026.History starts Mar 26, 2026.History starts Mar 26, 2026.
Intraday session: down, 35 prints from 24.25 to 23.95. Range 23.91 to 24.19. Use the arrow keys to read each point.$23.90$24.00$24.10$24.2010 AM12 PM2 PM4 PM
Expense ratio
0.10%
Fund size
$149M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
334
Volume · 30D
0.1M sh
NAV per share
$24.21
52W range
low $24.02high $25.48

The ETF.net IBCB Grade

C

52/ 100

Rank 32 of 43 in Defined-Maturity Investment Grade Corporate⁠

Confidence High

Six-pillar profile for IBCB. Scores out of 100: Cost 49, Risk 39, Mission 84, Tradability 30, Holdings 48, Durability 42. Strongest: Mission (84). Weakest: Tradability (30). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 52 of 100 sits in the C 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 rank24/43 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 84
    Category rank31/32 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 39
    Category rank22/43 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 30
    Category rank36/43 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 48
    Category rank29/42 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 42
    Category rank32/43 · mid-pack

Graded as of Sep 22, 2026

Our read on IBCB

ETF.net Research

CA bond ladder rung with a date stamped on it: IBCB holds roughly 300 investment-grade corporate bonds that all come due in 2036, so the term ends when the bonds do.

Stated mandate

The fund seeks to track an index of U.S.-dollar-denominated, investment-grade corporate bonds maturing in 2036.

Why people hold it

  1. 01Every bond in the basket is slated to mature in 2036, giving the portfolio a defined end date instead of rolling on forever like a standard corporate bond fund.
  2. 02Charges 0.10% a year and spreads it across roughly 300 investment-grade corporate issues tracked by the Bloomberg December 2036 Maturity Corporate Index.
  3. 03Pays quarterly, and the index keeps the credit box to investment grade rather than reaching into junk for extra income.
  4. 04One rung in the wider iBonds shelf: nearer-dated siblings such as IBDU (2029) sit among the strongest names in this cohort, so whole ladders live in one family.

Worth knowing

  1. 01It launched in 2026, so the live record is short and any read on its risk behavior rests on limited history.
  2. 02A 2036 maturity is a long rung. Prices move more with interest rates than short-dated funds like the 2028 and 2029 vintages do.
  3. 03The 0.10% fee matches the typical target-maturity bond fund rather than undercutting it (VBCB runs 0.08%), and this one trades moderately, so limit orders are standard practice.

IBCB Holdings

As of Sep 22, 2026, 5:19 AM
Asset class
Bonds
Holdings
334
Top-10 weight
15%
Largest holding
META PLATFORMS INC 5.25% 05/15/20361.9%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 23.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—META PLATFORMS INC 5.25% 05/15/20361.88%0$3M44
002—SPACE EXPLORATION TECHNOLOGIES COR 144A 5.88% 07/15/20361.87%0$3M49
003—ANHEUSER-BUSCH COMPANIES LLC 4.70% 02/01/20361.63%0$2M41
004—AMAZON.COM INC 4.88% 03/13/20361.55%0$2M44
005—ORACLE CORPORATION 5.70% 02/04/20361.51%0$2M62
006—SALESFORCE INC 5.55% 03/15/20361.46%0$2M48
007—ALPHABET INC 5.45% 08/15/20361.44%0$2M40
008—ALPHABET INC 4.80% 02/15/20361.34%0$2M36
009—AMAZON.COM INC 5.30% 07/09/20361.27%0$2M37
010—NVIDIA CORPORATION 4.95% 06/15/20361.27%0$2M42
011—ABBOTT LABORATORIES 4.65% 03/15/20361.16%0$2M40
012—HONEYWELL AEROSPACE INC 4.95% 03/16/20361.01%0$1M39
013—TELEFONICA EMISIONES SAU 7.04% 06/20/20360.73%0$1M30
014—NOVARTIS CAPITAL CORP 4.90% 03/18/20360.72%0$1M38
015—INTEL CORPORATION 5.30% 05/15/20360.72%0$1M46

Showing 1–15 of 336 holdings

IBCB Performance

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

IBCB$9,797
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. IBCB $9,797. SPY $10,415. Use the arrow keys to read each point.$9,662$10,085$10,508Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – 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 IBCB. Periods over one year show the average yearly return.
PeriodIBCB
Year to dateFund launched this year—
1 month−0.8%
3 months−2.0%
1 yearFund is under 1 year old—
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 IBCB
YearReturn barIBCB
2026 YTD−0.6%

History from Mar 26, 2026

IBCB in the news

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

IBCB 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.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.09 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 5 payments in 2026 YTD. May 1, 2026 $0.07; Jun 1, 2026 $0.09; Jul 1, 2026 $0.10; Aug 3, 2026 $0.10; Sep 1, 2026 $0.09. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.09
Aug 3, 2026Aug 6, 2026$0.10
Jul 1, 2026Jul 7, 2026$0.10
Jun 1, 2026Jun 4, 2026$0.09
May 1, 2026May 6, 2026$0.07

IBCB Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
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.
—
Launched Mar 2026; fills in after 12 months
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.
—
Launched Mar 2026; fills in after 12 months
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.
0.14
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.

IBCB 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.

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