Skip to content
etf.net

Launched

iShares iBonds Oct 2032 Term TIPS ETF

IBIINYSE ArcaiSharesB

$25.00−0.09 (−0.36%)

At close: Nov 2, 2026, 4:00 PM ET

B63/ 100

Rank 10 of 41 in TIPS

B63/100Rank 10 of 41inTIPS
Intraday session: down, 79 prints from 25.09 to 25.00. Range 24.97 to 25.03. Use the arrow keys to read each point.24.9825.0225.0525.0710 AM12 PM2 PM4 PM
Expense ratio
0.10%
Fund size
$99M
1Y total return
+0.7%
Yield · Last 12 months
4.57%
Holdings
4
Avg volume · 30D
40.6K sh
52W range
low $24.37high $26.28
Launched

The ETF.net IBII Grade

B

Score 63 out of 100

Category
TIPS⁠
Rank
10 of 41
Six-pillar profile for IBII. Scores out of 100: Cost 68, Risk 42, Mission 99, Tradability 42, Holdings 33, Durability 52. Strongest: Mission (99). Weakest: Holdings (33). Leans toward Mission.

Score 63 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.
    B68 out of 100
    Rank 6 of 41

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A99 out of 100
    Rank 8 of 33

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C42 out of 100
    Rank 21 of 41

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C42 out of 100
    Rank 25 of 41

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D33 out of 100
    Rank 37 of 41

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C52 out of 100
    Rank 23 of 41

Our read on IBII

ETF.net Research

In short

BInflation-linked Treasuries with an end date. IBII holds only TIPS maturing in 2032, then winds up and pays out around October 15 of that year: a ladder rung for real-return investors rather than a perpetual bond fund.

Stated mandate

The fund seeks to track an index of U.S. Treasury Inflation-Protected Securities maturing in 2032 and is designed to provide inflation protection with a defined maturity.

Why people hold it

  • Defined maturity, like an individual bond: iBonds funds terminate on or about October 15 of the year in the name, which makes rung-by-rung ladder building straightforward.ishares.com
  • The inflation-adjusted flavor of the ladder. Most target maturity rungs hold corporates or nominal Treasuries; this one holds TIPS, whose principal moves with inflation.ishares.com
  • 0.10% expense ratio, in line with the typical target maturity bond ETF, for a single job: track the ICE 2032 Maturity US Inflation-Linked Treasury Index and pay quarterly.

Worth knowing

  • In the final months the holdings mature into cash and cash-like instruments, so the yield drifts toward money market rates. The endgame is a payout, not a peak.ishares.com
  • Narrow by design: just the TIPS issues maturing in 2032. And TIPS cut both ways, since the inflation adjustment can move down when prices fall.ishares.com
  • Thinner trading than the corporate rungs of the iBonds lineup, so spreads can matter more on the way in and out. Distributions also vary rather than sitting at a fixed coupon.ishares.com

IBII Holdings

Holdings pillarD33 out of 100Rank 37 of 41 in TIPS
Asset class
Bonds
Holdings
4
Top-10 weight
100%
Largest holding
Treasury (Cpi) Note 0.63% 07/15/203247.3%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataTreasury (Cpi) Note 0.63% 07/15/203247.34%512,913$46.8M12
2No dataTreasury (Cpi) Note 0.13% 01/15/203245.10%498,658$44.6M9
3No dataTreasury (Cpi) Note 3.38% 04/15/20327.54%70,749$7.45M8
4No dataBlk Csh Fnd Treasury Sl Agency0.12%123,111$123K437

Showing 1–4 of 4 holdings

IBII Performance

Launched Sep 19, 2023

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.
IBII$10,065
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. IBII $10,065. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 IBII. Periods over one year show the average yearly return.
PeriodIBII
Year to date+0.8%
1 month+2.7%
3 months−0.1%
1 year+0.7%
3 yearsper year+5.8%
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 IBII
YearReturn barIBII
2026 YTD+0.8%
2025+8.7%
2024+1.2%
2023+4.4%

History from Sep 22, 2023

IBII in the news

IBII Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.57%Last 12 months
Payout per share
$1.15Last 12 months
Last payment
$0.12 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2023–2026

One bar per payment. 12 payments from 2023 to 2026 YTD. Dec 14, 2023 $0.28; Apr 1, 2024 $0.17; Jul 1, 2024 $0.62; Oct 1, 2024 $0.19; Dec 18, 2024 $0.20; Apr 1, 2025 $0.25; Jul 1, 2025 $0.39; Oct 1, 2025 $0.29; Dec 19, 2025 $0.31; Apr 1, 2026 $0.07; Jul 1, 2026 $0.64; Oct 1, 2026 $0.12. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 6, 2026$0.12
Jul 1, 2026Jul 7, 2026$0.64
Apr 1, 2026Apr 7, 2026$0.07
Dec 19, 2025Dec 24, 2025$0.31
Oct 1, 2025Oct 6, 2025$0.29
Jul 1, 2025Jul 7, 2025$0.39
Apr 1, 2025Apr 4, 2025$0.25
Dec 18, 2024Dec 23, 2024$0.20
Oct 1, 2024Oct 4, 2024$0.19
Jul 1, 2024Jul 5, 2024$0.62
Apr 1, 2024Apr 5, 2024$0.17
Dec 14, 2023Dec 20, 2023$0.28

$10,000 in IBII 3 years ago paid $1,422 in dividends.

IBII Risk

Risk pillarC42 out of 100Rank 21 of 41 in TIPS
How much the fund’s monthly returns vary, scaled to a year.
5.3%
Annualised · 36 months to Oct 2026
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.
0.26
vs 3-month T-bills · to Oct 2026
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.
−4.6%
37 months · trough Jan 2025
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.
0.21
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.

IBII Cost

Compare IBII and VTIP

Overpaying vs VTIP, tied cheapest in TIPS

$1,468

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

  • IBII 0.10%

    $2,106

  • VTIP 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • IBII 0.10%
  • VTIP 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K$2.5K051015202530IBII $2,106VTIP $638

Year by year

YearIBIIVTIPOverpaying
10$183$55$128
20$717$216$501
30$2,106$638$1,468

Other funds in TIPS

See others