iShares iBonds 2027 Term High Yield and Income ETF
$21.75−0.01 (−0.02%)
- 0.35%
- $532M
- +3.4%
- 5.91%
- 0.2M sh
- $21.72
- low $21.64high $22.53
The ETF.net IBHG Grade
A
Score 75 out of 100
- 5 of 21
Score 75 of 100 falls in the A 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.A85 out of 100Rank 1 of 21Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 16Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 7 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 8 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D37 out of 100Rank 16 of 21Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A81 out of 100Rank 4 of 21
Our read on IBHG
AMost target-maturity bond ETFs stick to Treasuries and investment grade. IBHG runs the same ladder-rung playbook in high yield: a basket of dollar-denominated junk and other income bonds all maturing in 2027.
The fund seeks to track an index of U.S.-dollar-denominated, high-yield and other income-generating corporate bonds maturing in 2027.
Why people hold it
- A rare rung: it tracks the Bloomberg 2027 Term High Yield and Income Index, so you get a dated high yield slice instead of a bond fund that rolls its maturities forever.
- The 2027 end date sits in the mandate itself, which is what makes ladder-building possible: stack terms, know when each rung comes due.
- Income lands monthly, and credit risk is spread across roughly 90 bonds rather than a handful of names.
Worth knowing
- It charges 0.35% a year against a target-maturity cohort that typically runs near 0.10%. High yield credit work costs more than buying Treasuries.
- High yield means issuer default and downgrade risk, a different animal from the Treasury and investment-grade rungs of the same shelf (IBTJ, IBDU).
- The clock cuts both ways. As 2027 approaches the portfolio shortens and the fund is built to wind down, not to keep running.
IBHG Holdings
- Bonds
- 383
- 24%
- Blk Csh Fnd Treasury Sl Agency
Sectors
- Consumer Discretionary38.9%
- Communications12.4%
- Finance Companies11.1%
- Basic Industry7.0%
- Reits6.8%
- Capital Goods6.6%
- Energy4.6%
- Health Care4.3%
- Electric2.7%
- Insurance1.9%
- Consumer Non-Cyclical1.6%
- Banking1.4%
- Brokerage/Asset Managers/Exchanges0.2%
- Transportation0.2%
- Natural Gas0.1%
Geography
- United States83.06%
- Japan5.62%
- Canada2.92%
- Macau2.56%
- Cayman Islands1.89%
- Australia1.22%
- Ireland1.21%
- United Kingdom0.92%
- 0.60%
IBHG 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.
IBHG$10,337
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 | IBHG |
|---|---|
| Year to date | +1.8% |
| 1 month | 0.0% |
| 3 months | +0.5% |
| 1 year | +3.4% |
| 3 years | +7.5% |
| 5 years | +3.7% |
| 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 | IBHG |
|---|---|---|
| 2026 YTD | +1.8% | |
| 2025 | +6.9% | |
| 2024 | +7.4% | |
| 2023 | +11.2% | |
| 2022 | −8.9% | |
| 2021 | +1.0% |
IBHG in the news
IBHG Dividends
- 5.91%
- $1.29
- $0.10 per share
- Monthly
Distribution history
IBHG Risk
- 3.2%
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.
- 0.78
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.
- −13.9%
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.
- 0.47
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBHG Cost
0.35%
IBHG0.35%
- The middle half of Defined-Maturity High Yield funds
- Median 0.39%
No Defined-Maturity High Yield fund charges less.
Other funds in Defined-Maturity High Yield
- AIBHIiShares iBonds 2029 Term High Yield and Income ETFExpense ratio 0.35%1 year return +4.1%
- AIBHJiShares iBonds 2030 Term High Yield and Income ETFExpense ratio 0.35%1 year return +4.1%
- BIBHLiShares Trust - iShares iBonds 2032 Term High Yield and Income ETFExpense ratio 0.35%1 year return +2.8%
- BMYHDState Street My2030 High Yield Corporate Bond ETFExpense ratio 0.39%1 year return —
- BIBHMiShares Trust - iShares iBonds 2033 Term High Yield and Income ETFExpense ratio 0.35%1 year return —