iShares iBonds Dec 2031 Term Corporate ETF
$20.08−0.01 (−0.07%)
- 0.10%
- $2.6B
- −0.4%
- 4.93%
- 0.7M sh
- $20.07
- low $19.93high $21.44
The ETF.net IBDW Grade
B
Score 68 out of 100
- 13 of 43
Score 68 of 100 falls in the B 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.D39 out of 100Rank 22 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A75 out of 100Rank 7 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A80 out of 100Rank 8 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A74 out of 100Rank 7 of 43
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
- 661
- 8%
- Space Exploration Technologies Cor 144A 5.35% 07/15/2031
Sectors
- Consumer Discretionary14.4%
- Health Care12.3%
- Communications10.8%
- Electric9.9%
- Capital Goods9.4%
- Energy7.1%
- Consumer Non-Cyclical6.4%
- Reits6.4%
- Banking5.3%
- Finance Companies5.3%
- Insurance4.9%
- Brokerage/Asset Managers/Exchanges3.2%
- Basic Industry2.6%
- Transportation1.5%
- Natural Gas0.6%
Geography
- United States91.17%
- Canada2.93%
- Japan1.29%
- Spain1.10%
- Ireland0.87%
- France0.56%
- China0.36%
- United Kingdom0.28%
- 1.43%
IBDW 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.
IBDW$9,961
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 | IBDW |
|---|---|
| Year to date | −1.5% |
| 1 month | −0.5% |
| 3 months | −1.6% |
| 1 year | −0.4% |
| 3 years | +6.6% |
| 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 | −1.5% | |
| 2025 | +9.1% | |
| 2024 | +3.0% | |
| 2023 | +9.4% | |
| 2022 | −17.2% | |
| 2021 | +0.5% |
IBDW in the news
IBDW Dividends
- 4.93%
- $0.99
- $0.08 per share
- Monthly
Distribution history
IBDW Risk
- 6.1%
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.
- 0.28
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.
- −22.8%
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
0.10%
IBDW0.10%
- 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
- AIBDViShares iBonds Dec 2030 Term Corporate ETFExpense ratio 0.10%1 year return +0.3%
- BBSCTInvesco BulletShares 2029 Corporate Bond ETFExpense ratio 0.10%1 year return +1.4%
- BVBCFVanguard Target Maturity 2032 Corporate Bond ETFExpense ratio 0.08%1 year return —
- BBSCUInvesco BulletShares 2030 Corporate Bond ETFExpense ratio 0.10%1 year return +0.3%
- BVBCGVanguard Target Maturity 2033 Corporate Bond ETFExpense ratio 0.08%1 year return —