iShares iBonds Dec 2027 Term Corporate ETF
$24.13−0.01 (−0.04%)
- Expense ratio
- 0.10%
- Fund size
- $3.9B
- 1Y return
- +3.5%
- Yield · Last 12 months
- 4.29%
- Holdings
- 649
- Volume · 30D
- 0.6M sh
- NAV per share
- $24.13
- 52W range
The ETF.net IBDS Grade
Score 71 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.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 78Category 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.AScore 93Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 86Category rank
Our read on IBDS
AA bond fund with an expiration date. IBDS holds a basket of investment-grade corporate bonds that all mature in 2027, pays monthly along the way, then winds up around December 15, 2027 and returns remaining assets to shareholders.
The fund seeks to track an index of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2027. It is a term fund that winds up around December 15, 2027, distributing its remaining assets to shareholders.
Why people hold it
- Acts like a single bond rather than a perpetual fund: the wind-up date (around December 15, 2027) and the final distribution of remaining assets are written into the fund's own documents.
- Diversification hard to build by hand: about 700 dollar-denominated investment-grade corporate bonds in one ticker, tracking the Bloomberg December 2027 Maturity Corporate Index.ishares.com
- 0.10% a year, in line with the median target-maturity bond fund, from a lineup that has been running these dated rungs since well before this one launched in 2017.
- A multi-billion-dollar fund that trades actively and pays monthly, so the ladder rung stays liquid instead of locking you in until maturity.
Worth knowing
- Corporate credit, not Treasuries. Issuers can be downgraded or default, and the payout at wind-up isn't fixed the way a single bond's par value is.
- Short runway. As 2027 nears, the holdings mature into cash-like assets, so the fund behaves less and less like a bond fund and more like a countdown.
- Fee is mid-pack, not low: some target-maturity rungs undercut it, including VBCB at 0.08% and IBTJ at 0.07%.
IBDS Holdings
- Bonds
- 649
- 6%
- T-MOBILE USA INC 3.75% 04/15/2027
Geography
- United States86.59%
- Canada4.89%
- Japan2.40%
- United Kingdom1.22%
- Australia1.06%
- Ireland0.78%
- Spain0.77%
- Netherlands0.71%
- 1.58%
IBDS 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 | IBDS |
|---|---|
| Year to date | +2.2% |
| 1 month | +0.1% |
| 3 months | +0.9% |
| 1 year | +3.5% |
| 3 years | +5.8% |
| 5 years | +1.4% |
| 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 | IBDS |
|---|---|---|
| 2026 YTD | +2.2% | |
| 2025 | +5.9% | |
| 2024 | +4.6% | |
| 2023 | +6.4% | |
| 2022 | −9.5% | |
| 2021 | −1.6% | |
| 2020 | +9.0% |
IBDS in the news
ETF.net Research hasn’t filed on IBDS yet — coverage lands here as it’s written.
IBDS Dividends
- 4.29%
- $1.03
- $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 | $0.09 |
| May 1, 2026 | May 6, 2026 | $0.09 |
| Apr 1, 2026 | Apr 7, 2026 | $0.09 |
| Mar 2, 2026 | Mar 5, 2026 | $0.08 |
| Feb 2, 2026 | Feb 5, 2026 | $0.09 |
| Dec 19, 2025 | Dec 24, 2025 | $0.09 |
| Dec 1, 2025 | Dec 4, 2025 | $0.09 |
| Nov 3, 2025 | Nov 6, 2025 | $0.09 |
| Oct 1, 2025 | Oct 6, 2025 | $0.09 |
IBDS Risk
- 2.7%
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.
- 0.31
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.
- −14.7%
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.
- 0.44
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBDS 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.