iShares iBonds Dec 2032 Term Corporate ETF
$24.10+0.02 (+0.08%)
- 0.10%
- $1.8B
- −1.2%
- 4.99%
- 0.3M sh
- $24.07
- low $23.89high $26.00
The ETF.net IBDX Grade
B
Score 56 out of 100
- 28 of 43
Score 56 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.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 25 of 43Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A73 out of 100Rank 9 of 43Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A73 out of 100Rank 15 of 42Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 12 of 43
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
- 435
- 9%
- Verizon Communications Inc 2.36% 03/15/2032
Sectors
- Consumer Discretionary13.5%
- Electric11.3%
- Communications10.9%
- Health Care10.6%
- Consumer Non-Cyclical9.9%
- Energy7.5%
- Reits7.0%
- Capital Goods6.4%
- Insurance5.7%
- Banking5.3%
- Basic Industry3.8%
- Finance Companies3.1%
- Brokerage/Asset Managers/Exchanges2.2%
- Transportation2.0%
- Natural Gas0.8%
Geography
- United States88.59%
- Canada4.75%
- Ireland1.34%
- Luxembourg1.17%
- United Kingdom1.02%
- Japan0.88%
- Netherlands0.73%
- Mexico0.40%
- 1.12%
IBDX 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.Not enough history yet.
IBDX$9,878
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 | IBDX |
|---|---|
| Year to date | −2.2% |
| 1 month | −0.8% |
| 3 months | −2.4% |
| 1 year | −1.2% |
| 3 years | +6.4% |
| 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 | −2.2% | |
| 2025 | +9.0% | |
| 2024 | +2.4% | |
| 2023 | +9.4% | |
| 2022 | −1.8% |
IBDX in the news
IBDX Dividends
- 4.99%
- $1.20
- $0.10 per share
- Monthly
Distribution history
IBDX Risk
- 6.5%
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.
- −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
0.10%
IBDX0.10%
- 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
- BBSCZInvesco BulletShares 2035 Corporate Bond ETFExpense ratio 0.10%1 year return −2.7%
- BIBCAiShares iBonds Dec 2035 Term Corporate ETFExpense ratio 0.10%1 year return −2.4%
- CMYCGState Street My2027 Corporate Bond ETFExpense ratio 0.15%1 year return +3.6%
- CVBCHVanguard Target Maturity 2034 Corporate Bond ETFExpense ratio 0.08%1 year return —
- CIBCBiShares iBonds Dec 2036 Term Corporate ETFExpense ratio 0.10%1 year return —