iShares iBonds Dec 2031 Term Corporate ETF
$20.14−0.15 (−0.76%)
- Expense ratio
- 0.10%
- Fund size
- $2.6B
- 1Y return
- +0.2%
- Yield · Last 12 months
- 4.88%
- Holdings
- 652
- Volume · 30D
- 0.6M sh
- NAV per share
- $20.29
- 52W range
The ETF.net IBDW Grade
Score 68 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 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.DScore 39Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 76Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 80Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 74Category rank
Our read on IBDW
BA bond ladder rung in ETF form: roughly 600 investment-grade corporate bonds all maturing in 2031, monthly income along the way, then the fund pays out its assets and closes. Individual-bond behavior without the work of picking individual bonds.
Seeks to track an index of corporate bonds maturing in 2031 and is structured as a term ETF that will distribute its assets and terminate at or about the funds' maturity date.
Why people hold it
- Behaves like one big bond with a 2031 maturity. It tracks an index of corporates maturing that year, then distributes assets and terminates, so there is a defined end date.ishares.com
- Credit risk is spread across roughly 600 corporate bonds, so a single wobbly borrower is a rounding error rather than a hole in the portfolio.
- Costs 0.10% a year, the going rate in target-maturity land, and it has hugged its Bloomberg index closely since launching in 2021.
- Pays monthly, trades actively, and runs several billion in assets: one of the stronger builds in a crowded target-maturity peer group.
Worth knowing
- These are corporate bonds, so you are paid for taking credit risk. Treasury rungs from the same family, like IBTJ, skip that trade-off and cost 0.07%.
- A 2031 maturity sits further out than the near-dated rungs, so the share price swings more when rates move. Selling early means taking the market price, not the maturity payout.
- It ends. When the fund winds up, the money lands back in your account, so a ladder built this way needs a reinvestment plan for the year it matures.ishares.com
IBDW Holdings
- Bonds
- 652
- 8%
- SPACE EXPLORATION TECHNOLOGIES COR 144A 5.35% 07/15/2031
Geography
- United States91.38%
- Canada2.72%
- Japan1.31%
- Spain1.07%
- Ireland0.85%
- France0.57%
- China0.31%
- United Kingdom0.28%
- 1.50%
IBDW 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 | IBDW |
|---|---|
| Year to date | −0.9% |
| 1 month | −1.1% |
| 3 months | −1.0% |
| 1 year | +0.2% |
| 3 years | +6.2% |
| 5 years | −0.2% |
| 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 | IBDW |
|---|---|---|
| 2026 YTD | −0.9% | |
| 2025 | +9.1% | |
| 2024 | +3.0% | |
| 2023 | +9.4% | |
| 2022 | −17.2% | |
| 2021 | +0.5% |
IBDW in the news
ETF.net Research hasn’t filed on IBDW yet — coverage lands here as it’s written.
IBDW Dividends
- 4.88%
- $0.99
- $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 |
IBDW Risk
- 6.2%
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.
- 0.22
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.
- −23.4%
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.
- 1.07
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBDW 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.