iShares iBonds Dec 2054 Term Treasury ETF
$21.73−0.37 (−1.68%)
- Expense ratio
- 0.07%
- Fund size
- $6M
- 1Y return
- −3.5%
- Yield · Last 12 months
- 4.87%
- Holdings
- 4
- Volume · 30D
- 0M sh
- NAV per share
- $22.12
- 52W range
The ETF.net IBGK Grade
Score 40 of 100 sits in the C 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.BScore 67Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.FScore 20Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 34Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 30Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 30Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 57Category rank
Our read on IBGK
CThe far end of the iBonds ladder: Treasuries that all mature in 2054, bundled into one ETF that charges 0.07% and pays monthly. A 30-year ladder rung you can buy in a brokerage account instead of at auction.
The fund seeks to track an index of U.S. Treasury bonds maturing in 2054, providing defined-maturity exposure intended to support income, stability, bond-ladder construction, and interest-rate management.
Why people hold it
- Charges 0.07% a year, under the 0.10% median for target-maturity bond funds, and what it holds is US Treasuries, not credit.
- Defined maturity is the whole design. It tracks the ICE 2054 Maturity US Treasury Index, so the far rung of a bond ladder comes prebuilt rather than hand-assembled.
- Income arrives monthly, a steadier cadence than the semiannual coupon schedule of the Treasuries underneath.
- Sits in the upper half of a crowded target-maturity cohort, helped by cost and a plain Treasury mandate with no credit wrinkles.
Worth knowing
- A 2054 maturity means roughly three decades of rate sensitivity. Long-bond prices move sharply when long yields move, which is the trade for owning the far rung.
- This is one of the quieter rungs of the ladder, so spreads can run wider than on the heavily traded short-dated ones.
- Launched in 2024, so its record covers only a short slice of rate history.
IBGK Holdings
- Bonds
- 4
- 100%
- TREASURY BOND 4.63% 05/15/2054
Geography
- United States100.00%
IBGK 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 | IBGK |
|---|---|
| Year to date | −3.4% |
| 1 month | +0.1% |
| 3 months | −3.9% |
| 1 year | −3.5% |
| 3 years | — |
| 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 | IBGK |
|---|---|---|
| 2026 YTD | −3.4% | |
| 2025 | +3.7% | |
| 2024 | −2.7% |
IBGK in the news
ETF.net Research hasn’t filed on IBGK yet — coverage lands here as it’s written.
IBGK Dividends
- 4.87%
- $1.08
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.09 |
| Aug 3, 2026 | Aug 6, 2026 | $0.09 |
| Jul 1, 2026 | Jul 7, 2026 | $0.08 |
| Jun 1, 2026 | Jun 4, 2026 | $0.09 |
| May 1, 2026 | May 6, 2026 | $0.09 |
| Apr 1, 2026 | Apr 7, 2026 | $0.09 |
| Mar 2, 2026 | Mar 5, 2026 | $0.08 |
| Feb 2, 2026 | Feb 5, 2026 | $0.09 |
| Dec 19, 2025 | Dec 24, 2025 | $0.09 |
| Dec 1, 2025 | Dec 4, 2025 | $0.09 |
| Nov 3, 2025 | Nov 6, 2025 | $0.09 |
| Oct 1, 2025 | Oct 6, 2025 | $0.09 |
IBGK Risk
- 10.4%
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.
- −0.43
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.
- −14.6%
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.
- 0.20
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBGK Cost
- The middle half of Defined-Maturity Treasury funds
- Median 0.07%
No Defined-Maturity Treasury fund charges less.