iShares iBonds Dec 2028 Term Corporate ETF
$24.94−0.01 (−0.02%)
- 0.10%
- $4.1B
- +2.5%
- 4.53%
- 0.7M sh
- $24.93
- low $24.85high $25.74
The ETF.net IBDT Grade
A
Score 77 out of 100
- 3 of 43
Score 77 of 100 falls in the A 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.C49 out of 100Rank 12 of 43Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 32Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 11 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A98 out of 100Rank 1 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A96 out of 100Rank 1 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A84 out of 100Rank 5 of 43
Our read on IBDT
AActs more like a bond than a bond fund: roughly 700 investment-grade corporate bonds that all mature in 2028, wrapped in one ticker with a defined end date. Built for ladder rungs, monthly distributions and a known finish line.
The fund seeks to track an index of investment-grade corporate bonds maturing in 2028 and is designed to support income generation, bond-ladder construction, and interest-rate-risk management through a defined maturity.
Why people hold it
- The defined 2028 maturity does the work: one ticker behaves like a ladder rung, no hunting down individual bonds or tracking each one's maturity.ishares.com
- About 700 investment-grade corporate bonds inside, so no single issuer carries the outcome the way it would in a handful of hand-picked bonds.
- Costs 0.10% a year, right at the typical fee for target-maturity bond funds, and it is one of the more actively traded names in that group.
- Launched in 2018 and now a multi-billion-dollar fund, it ranks among the strongest implementations in the target-maturity bond group.
Worth knowing
- Vanguard's VBCB targets the same 2028 corporate maturity for 0.08%, two basis points cheaper.
- This is corporate credit, not Treasuries. The bonds are investment grade, but downgrades and defaults are still part of the picture.
- It has a finish line. When the 2028 term ends the strategy is over, so the what-next decision lands back with you.ishares.com
IBDT Holdings
- Bonds
- 736
- 6%
- Cvs Health Corp 4.30% 03/25/2028
Sectors
- Banking15.0%
- Consumer Discretionary13.0%
- Health Care11.9%
- Electric10.3%
- Capital Goods9.9%
- Energy6.9%
- Consumer Non-Cyclical6.4%
- Communications5.9%
- Reits4.7%
- Finance Companies4.1%
- Insurance3.2%
- Brokerage/Asset Managers/Exchanges2.8%
- Basic Industry2.8%
- Transportation2.2%
- Natural Gas0.9%
Geography
- United States85.22%
- Canada3.78%
- Japan2.96%
- United Kingdom2.26%
- Australia1.28%
- Ireland1.05%
- Spain0.92%
- Singapore0.71%
- 1.81%
IBDT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
IBDT$10,248
Returns run to the Oct 12, 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 | IBDT |
|---|---|
| Year to date | +1.3% |
| 1 month | +0.2% |
| 3 months | +0.3% |
| 1 year | +2.5% |
| 3 years | +6.1% |
| 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 | IBDT |
|---|---|---|
| 2026 YTD | +1.3% | |
| 2025 | +7.0% | |
| 2024 | +4.0% | |
| 2023 | +7.7% | |
| 2022 | −11.4% | |
| 2021 | −1.9% | |
| 2020 | +9.6% |
IBDT in the news
IBDT Dividends
- 4.53%
- $1.13
- $0.09 per share
- Monthly
Distribution history
IBDT Risk
- 3.4%
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.
- 0.41
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.
- −16.7%
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.
- 0.60
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBDT Cost
0.10%
IBDT0.10%
- 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.
Other funds in Defined-Maturity Investment Grade Corporate
- AVBCBVanguard Target Maturity 2028 Corporate Bond ETFExpense ratio 0.08%1 year return —
- AVBCAVanguard Target Maturity 2027 Corporate Bond ETFExpense ratio 0.08%1 year return —
- AVBCCVanguard Target Maturity 2029 Corporate Bond ETFExpense ratio 0.08%1 year return —
- AVBCDVanguard Target Maturity 2030 Corporate Bond ETFExpense ratio 0.08%1 year return —
- AIBDUiShares iBonds Dec 2029 Term Corporate ETFExpense ratio 0.10%1 year return +1.6%