iShares iBonds Dec 2032 Term Corporate ETF
$24.20−0.23 (−0.92%)
- Expense ratio
- 0.10%
- Fund size
- $1.8B
- 1Y return
- −0.2%
- Yield · Last 12 months
- 4.92%
- Holdings
- 434
- Volume · 30D
- 0.3M sh
- NAV per share
- $24.40
- 52W range
The ETF.net IBDX Grade
Score 55 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.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 32Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 75Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 73Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 69Category rank
Our read on IBDX
BA bond fund with an expiration date. IBDX holds investment-grade corporate bonds maturing in 2032, then winds up around December 15, 2032 and pays out what's left. Bond-ladder plumbing in one ticker.
The Fund seeks to track an index of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2032. It is a term fund scheduled to liquidate around December 15, 2032.
Why people hold it
- Bonds mature; most bond funds never do. This one is scheduled to liquidate around December 15, 2032 and distribute remaining assets, so the end date is written into the prospectus.ishares.com
- Costs 0.10% a year, level with the target-maturity median and with BulletShares rivals BSCT and BSCU.
- About 400 investment-grade corporate bonds, so no single issuer carries the fund, and cash goes out monthly instead of twice a year.
- Follows the Bloomberg December 2032 Maturity Corporate Index closely and ranks in the top quartile of a crowded target-maturity field.
Worth knowing
- Corporate credit, not government paper. Issuers can be downgraded or miss payments; the Treasury-only sibling IBTJ takes that risk off the table at 0.07%.
- The maturity date is not a promised par payment. The final distribution reflects what the underlying bonds return, and monthly income moves with the portfolio.
- As 2032 approaches the portfolio shortens toward cash, so rate sensitivity and income both wind down late in the term.ishares.com
IBDX Holdings
- Bonds
- 434
- 9%
- VERIZON COMMUNICATIONS INC 2.36% 03/15/2032
Geography
- United States88.87%
- Canada4.68%
- Ireland1.35%
- Luxembourg1.15%
- United Kingdom1.04%
- Japan0.88%
- Netherlands0.67%
- Mexico0.39%
- 0.97%
IBDX 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 | IBDX |
|---|---|
| Year to date | −1.2% |
| 1 month | −1.3% |
| 3 months | −1.4% |
| 1 year | −0.2% |
| 3 years | +6.0% |
| 5 years | — |
| 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 | IBDX |
|---|---|---|
| 2026 YTD | −1.2% | |
| 2025 | +9.0% | |
| 2024 | +2.4% | |
| 2023 | +9.4% | |
| 2022 | −1.8% |
IBDX in the news
ETF.net Research hasn’t filed on IBDX yet — coverage lands here as it’s written.
IBDX Dividends
- 4.92%
- $1.20
- $0.10 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.10 |
| Aug 3, 2026 | Aug 6, 2026 | $0.10 |
| Jul 1, 2026 | Jul 7, 2026 | $0.10 |
| Jun 1, 2026 | Jun 4, 2026 | $0.10 |
| May 1, 2026 | May 6, 2026 | $0.10 |
| Apr 1, 2026 | Apr 7, 2026 | $0.10 |
| Mar 2, 2026 | Mar 5, 2026 | $0.10 |
| Feb 2, 2026 | Feb 5, 2026 | $0.10 |
| Dec 19, 2025 | Dec 24, 2025 | $0.09 |
| Dec 1, 2025 | Dec 4, 2025 | $0.10 |
| Nov 3, 2025 | Nov 6, 2025 | $0.10 |
| Oct 1, 2025 | Oct 6, 2025 | $0.10 |
IBDX Risk
- 6.6%
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.
- 0.19
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.
- −12.5%
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.
- 1.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBDX 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.