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Launched

iShares iBonds Dec 2046 Term Treasury ETF

IBGCNasdaqiSharesC

$23.59−0.28 (−1.18%)

As of Nov 10, 2026, 11:00 AM ET

C44/ 100

Rank 17 of 31 in Defined-Maturity Treasury

C44/100Rank 17 of 31inDefined-Maturity Treasury
Intraday session: down, 19 prints from 23.87 to 23.59. Range 23.59 to 23.62. Use the arrow keys to read each point.23.6523.7023.7523.8010 AM12 PM2 PM4 PM
Expense ratio
0.07%
Fund size
$60M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
9
Avg volume · 30D
28.8K sh
52W range
low $21.82high $25.32
Launched

The ETF.net IBGC Grade

C

Score 44 out of 100

Category
Defined-Maturity Treasury⁠
Rank
17 of 31
Six-pillar profile for IBGC. Scores out of 100: Cost 65, Risk 37, Mission 20, Tradability 57, Holdings 35, Durability 54. Strongest: Cost (65). Weakest: Mission (20). Leans toward Cost.

Score 44 of 100 falls in the C 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.
    B65 out of 100
    Rank 1 of 31

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F20 out of 100
    Rank 14 of 23

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D37 out of 100
    Rank 17 of 29

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B57 out of 100
    Rank 14 of 31

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D35 out of 100
    Rank 25 of 31

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C54 out of 100
    Rank 14 of 31

Our read on IBGC

ETF.net Research

In short

CMost Treasury ETFs run forever. This one is built around a single date, holding Treasuries that mature in 2046, so you get a bond's defined maturity inside an ETF wrapper for seven basis points.

Stated mandate

The fund seeks to track an index of U.S. Treasury bonds maturing in 2046, providing a defined-maturity Treasury exposure intended for income, stability, bond-ladder construction, and interest-rate-risk management.

Why people hold it

  • 0.07% a year undercuts the 0.10% typical of target-maturity bond funds and matches the cheapest rungs of the iShares Treasury ladder, like IBTJ.
  • Tracks the ICE 2046 Maturity US Treasury Index: government paper only, no corporate credit to underwrite.
  • Pays quarterly, and the fixed 2046 target is designed as a rung for bond-ladder building and rate-risk management.

Worth knowing

  • A 2046 maturity is a long rope. Prices move much harder on rate swings than near-dated rungs such as IBTJ (2029).
  • A 2026 launch at the far end of the ladder means a small asset base and light trading, which can widen spreads versus busier rungs.
  • Treasuries only, so income comes without the credit-spread pickup of corporate ladder funds like IBDU or BSCT.

IBGC Performance

Launched Mar 25, 2026

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.Not enough history yet.Not enough history yet.Not enough history yet.
IBGC$10,018
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$9,758
Aug 7, 2026 to Nov 9, 2026. IBGC $10,018. SPY $9,758. Use the arrow keys to read each point.$9,600$9,800$10,000Aug 2026Sep 2026Nov 2026

Aug 7, 2026 – Nov 9, 2026

Returns run to the Nov 9, 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.

Trailing total return for IBGC. Periods over one year show the average yearly return.
PeriodIBGC
Year to dateFund launched this yearNo data
1 month+5.0%
3 months+0.2%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IBGC
YearReturn barIBGC
2026 YTD−1.0%

History from Mar 26, 2026

IBGC in the news

IBGC Dividends

Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 7 payments in 2026 YTD. May 1, 2026 $0.10; Jun 1, 2026 $0.10; Jul 1, 2026 $0.10; Aug 3, 2026 $0.10; Sep 1, 2026 $0.09; Oct 1, 2026 $0.08; Nov 2, 2026 $0.10. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Nov 5, 2026$0.10
Oct 1, 2026Oct 6, 2026$0.08
Sep 1, 2026Sep 4, 2026$0.09
Aug 3, 2026Aug 6, 2026$0.10
Jul 1, 2026Jul 7, 2026$0.10
Jun 1, 2026Jun 4, 2026$0.10
May 1, 2026May 6, 2026$0.10

IBGC Risk

Risk pillarD37 out of 100Rank 17 of 29 in Defined-Maturity Treasury
How much the fund’s monthly returns vary, scaled to a year.
Launched Mar 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
Launched Mar 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
Launched Mar 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.08
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

IBGC Cost

Tied cheapest in Defined-Maturity Treasury

$1,480

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IBGC 0.07%

    $1,480

$10,000
30 years

Cost over time

  • IBGC 0.07%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K051015202530IBGC $1,480

Year by year

YearIBGC
10$128
20$503
30$1,480

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