iShares iBonds Dec 2026 Term Corporate ETF
$24.23+0.01 (+0.04%)
- Expense ratio
- 0.10%
- Fund size
- $3.2B
- 1Y return
- +3.9%
- Yield · Last 12 months
- 4.06%
- Holdings
- 131
- Volume · 30D
- 0.6M sh
- NAV per share
- $24.23
- 52W range
The ETF.net IBDR Grade
Score 72 of 100 sits in the A 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 49Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 90Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 89Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 18Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 81Category rank
Our read on IBDR
AA rung of a bond ladder in ETF form: roughly 170 investment-grade corporate bonds that all come due in 2026, after which the fund winds up and hands back the cash. A defined end date, without buying bonds one CUSIP at a time.
The fund seeks to track an index of investment-grade corporate bonds that mature in 2026.
Why people hold it
- Built with an expiration date. It terminates on or about December 2026 and distributes its remaining net assets to shareholders under a plan of liquidation.sec.govishares.com
- 0.10% a year, right at the target-maturity peer median, spread across about 170 investment-grade corporate bonds instead of one issuer's credit.
- Tracks the Bloomberg December 2026 Maturity Corporate Index closely and trades actively, one of the stronger implementations in its target-maturity cohort.
- Pays monthly, and iShares runs iBonds for other maturity years (IBDT, IBDU), so every rung of a ladder comes off the same shelf.
Worth knowing
- It is not a bond. The fund does not seek to return any predetermined amount at maturity, distributions vary over time, and iShares notes losses are possible, including near termination.sec.govishares.com
- In the final months, maturing bonds roll into cash and cash-like instruments, so the portfolio's character shifts as the end date approaches.ishares.com
- Not the cheapest rung available: Vanguard's target-maturity corporate funds (VBCA, VBCB) charge 0.08%.
IBDR Holdings
- Bonds
- 131
- 61%
- BLK CSH FND TREASURY SL AGENCY
Geography
- United States83.37%
- Canada7.98%
- Ireland4.46%
- United Kingdom1.39%
- Japan1.23%
- Australia0.61%
- Chile0.48%
- France0.46%
IBDR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | IBDR |
|---|---|
| Year to date | +2.6% |
| 1 month | +0.3% |
| 3 months | +1.0% |
| 1 year | +3.9% |
| 3 years | +5.4% |
| 5 years | +1.6% |
| 10 years | +2.9% |
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 | IBDR |
|---|---|---|
| 2026 YTD | +2.6% | |
| 2025 | +5.0% | |
| 2024 | +5.0% | |
| 2023 | +6.0% | |
| 2022 | −8.3% | |
| 2021 | −1.8% | |
| 2020 | +8.9% |
IBDR in the news
ETF.net Research hasn’t filed on IBDR yet — coverage lands here as it’s written.
IBDR Dividends
- 4.06%
- $0.98
- $0.08 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.08 |
| Aug 3, 2026 | Aug 6, 2026 | $0.08 |
| Jul 1, 2026 | Jul 7, 2026 | $0.08 |
| Jun 1, 2026 | Jun 4, 2026 | $0.08 |
| May 1, 2026 | May 6, 2026 | $0.08 |
| Apr 1, 2026 | Apr 7, 2026 | $0.08 |
| Mar 2, 2026 | Mar 5, 2026 | $0.08 |
| Feb 2, 2026 | Feb 5, 2026 | $0.08 |
| Dec 19, 2025 | Dec 24, 2025 | $0.09 |
| Dec 1, 2025 | Dec 4, 2025 | $0.08 |
| Nov 3, 2025 | Nov 6, 2025 | $0.08 |
| Oct 1, 2025 | Oct 6, 2025 | $0.08 |
IBDR Risk
- 1.6%
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.
- 0.38
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.
- −12.7%
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.
- 0.26
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBDR Cost
- 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.