iShares iBonds 2027 Term High Yield and Income ETF
$21.82−0.04 (−0.16%)
- Expense ratio
- 0.35%
- Fund size
- $535M
- 1Y return
- +3.0%
- Yield · Last 12 months
- 5.95%
- Holdings
- 389
- Volume · 30D
- 0.2M sh
- NAV per share
- $21.82
- 52W range
The ETF.net IBHG Grade
Score 75 of 100 sits in the A 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.AScore 85Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 59Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 57Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 35Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 81Category rank
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
- 389
- 24%
- BLK CSH FND TREASURY SL AGENCY
Geography
- United States82.72%
- Japan5.47%
- Cayman Islands2.93%
- Canada2.63%
- Macau2.55%
- Australia1.22%
- Ireland0.94%
- United Kingdom0.93%
- 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.
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 | IBHG |
|---|---|
| Year to date | +1.8% |
| 1 month | −0.1% |
| 3 months | +0.6% |
| 1 year | +3.0% |
| 3 years | +7.2% |
| 5 years | +3.6% |
| 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
ETF.net Research hasn’t filed on IBHG yet — coverage lands here as it’s written.
IBHG Dividends
- 5.95%
- $1.30
- $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 | $0.11 |
| Jul 1, 2026 | Jul 7, 2026 | $0.11 |
| Jun 1, 2026 | Jun 4, 2026 | $0.10 |
| May 1, 2026 | May 6, 2026 | $0.11 |
| Apr 1, 2026 | Apr 7, 2026 | $0.11 |
| Mar 2, 2026 | Mar 5, 2026 | $0.10 |
| Feb 2, 2026 | Feb 5, 2026 | $0.11 |
| Dec 19, 2025 | Dec 24, 2025 | $0.11 |
| Dec 1, 2025 | Dec 4, 2025 | $0.11 |
| Nov 3, 2025 | Nov 6, 2025 | $0.12 |
| Oct 1, 2025 | Oct 6, 2025 | $0.12 |
IBHG Risk
- 3.3%
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.
- 0.71
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
- The middle half of Defined-Maturity High Yield funds
- Median 0.39%
No Defined-Maturity High Yield fund charges less.