Launched Feb 25, 2020 · SEC filings

iShares iBonds Dec 2027 Term Treasury ETF

IBTHNasdaqiSharesA

$22.290.00 (0.00%)

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

A78/ 100

Rank 2 of 31 in Defined-Maturity Treasury

A78/100Rank 2 of 31inDefined-Maturity Treasury

Expense ratio: 0.07%
Fund size: $2.43B
1Y total return: +3.1%
Yield · Last 12 months: 3.75%
Holdings: 53
Avg volume · 30D: 635K sh
52W range: low $22.24high $22.54
Launched: Feb 25, 2020
Filings: SEC EDGAR

The ETF.net IBTH Grade

Score 78 out of 100

Category: Defined-Maturity Treasury⁠
Rank: 2 of 31

Cost
B65 out of 100
Rank 1 of 31
Mission
A100 out of 100
Rank 1 of 23
Risk
A70 out of 100
Rank 5 of 29
Tradability
A72 out of 100
Rank 2 of 31
Holdings
A78 out of 100
Rank 6 of 31
Durability
A93 out of 100
Rank 1 of 31

Our read on IBTH

ETF.net Research

In short

AMost bond ETFs roll on forever. This one is built to end: a basket of U.S. Treasuries clustered around a December 2027 maturity, wrapped in one ticker at a bottom-tier fee. A ladder rung you can buy in a single click.

Stated mandate

The Fund seeks to track the investment results of an index composed of U.S. Treasury bonds.

Why people hold it

Costs 0.07% a year against a 0.10% median for target-maturity bond funds. On Treasuries, where the coupon does the work, fee drag is most of what you control.
A defined end date, which a standard bond fund cannot offer. It holds Treasuries maturing around December 2027, so interest-rate sensitivity winds down as that date approaches.
U.S. Treasury paper only, so no corporate issuer risk in the basket, unlike the corporate-bond rungs of the same family (IBDU) or Invesco's BulletShares (BSCT).
Running since 2020, pays monthly, and ranks as one of the stronger builds in the target-maturity bond group.

Worth knowing

A share is not a bond. The wind-up value follows the market value of the underlying Treasuries, not a fixed face amount you can pencil in.
Narrow by design: roughly 50 Treasuries in one maturity window, so it moves with a single slice of the yield curve rather than the whole bond market.
Treasury credit means no corporate spread in the yield, and the fund has a finite life, so it works as a dated tool rather than a permanent core sleeve.

IBTH Holdings

Holdings pillarA78Rank 6 of 31 in Defined-Maturity Treasury

Asset class: Bonds
Holdings: 53
Top-10 weight: 27%
Largest holding: Treasury Note 1.50% 01/31/20273.0%

Sectors

Treasuries100.0%

Geography

United States100.00%

The fund’s holdings, weight-ordered — page 1 of 4.
#	Ticker	Company	Weight %	Shares	Market value	Held by ETFs
1	No data	Treasury Note 1.50% 01/31/2027	2.96%	725,573	$72.1M	7
2	No data	Treasury Note 3.75% 06/30/2027	2.82%	689,616	$68.7M	9
3	No data	Treasury Note 3.50% 10/31/2027	2.75%	677,973	$67.2M	18
4	No data	Treasury Note 3.75% 04/30/2027	2.73%	668,071	$66.6M	9
5	No data	Treasury Note 3.38% 11/30/2027	2.73%	673,129	$66.5M	32
6	No data	Treasury Note 4.13% 02/28/2027	2.70%	657,714	$65.8M	10
7	No data	Treasury Note 3.88% 03/31/2027	2.69%	658,164	$65.7M	6
8	No data	Treasury Note 3.88% 07/31/2027	2.69%	659,593	$65.7M	10
9	No data	Treasury Note 3.63% 08/31/2027	2.68%	657,178	$65.3M	21
10	No data	Treasury Note 3.88% 05/31/2027	2.64%	646,600	$64.5M	12
11	No data	Treasury Note 3.50% 09/30/2027	2.62%	643,571	$63.8M	18
12	No data	Treasury Note 4.13% 01/31/2027	2.59%	631,839	$63.2M	9
13	No data	Treasury Note 4.63% 06/15/2027	2.40%	583,377	$58.5M	9
14	No data	Treasury Note 4.00% 12/15/2027	2.37%	581,887	$57.9M	24
15	No data	Treasury Note 4.50% 04/15/2027	2.36%	574,482	$57.5M	6

Showing 1–15 of 53 holdings

IBTH Performance

Launched Feb 25, 2020

IBTH$10,307

$11,199

Oct 31, 2025 – Oct 30, 2026

Trailing total return for IBTH. Periods over one year show the average yearly return.
Period	IBTH
Year to date	+2.3%
1 month	+0.5%
3 months	+0.9%
1 year	+3.1%
3 years	per year+4.9%
5 years	per year+0.9%
10 yearsFund is under 10 years old	per yearNo data

With distributions reinvested.

Annual total returns for IBTH
Year	Return bar	IBTH
2026 YTD		+2.3%
2025		+5.3%
2024		+3.2%
2023		+4.4%
2022		−9.7%
2021		−3.4%
2020		+4.2%

History from Feb 28, 2020

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IBTH Dividends

: 3.75%Last 12 months
Payout per share: $0.84Last 12 months

Last payment: $0.07 per share
Paid on: Oct 6, 2026
: Oct 1, 2026
Frequency: Monthly

Distribution history

2023–2026

Ex-date	Pay date	Amount per share
Nov 2, 2026	Pays Nov 5, 2026	$0.07
Oct 1, 2026	Oct 6, 2026	$0.07
Sep 1, 2026	Sep 4, 2026	$0.07
Aug 3, 2026	Aug 6, 2026	$0.07
Jul 1, 2026	Jul 7, 2026	$0.07
Jun 1, 2026	Jun 4, 2026	$0.07
May 1, 2026	May 6, 2026	$0.07
Apr 1, 2026	Apr 7, 2026	$0.07
Mar 2, 2026	Mar 5, 2026	$0.06
Feb 2, 2026	Feb 5, 2026	$0.07
Dec 19, 2025	Dec 24, 2025	$0.07
Dec 1, 2025	Dec 4, 2025	$0.07

See all 80 payments⁠

$10,000 in IBTH 5 years ago paid $1,463 in dividends.⁠

IBTH Risk

Risk pillarA70Rank 5 of 29 in Defined-Maturity Treasury

: 2.3%; 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.
: 0.17; 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.
: −12.8%; Trough Oct 2022; 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.
: 0.40; 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.

IBTH Cost

Tied cheapest in Defined-Maturity Treasury

$1,480

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

IBTH 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

IBTH 0.07%

Year by year

Year	IBTH
10	$128
20	$503
30	$1,480

Other funds in Defined-Maturity Treasury

AIBTGiShares iBonds Dec 2026 Term Treasury ETFExpense ratio 0.07%1 year return +3.7%
AIBTIiShares iBonds Dec 2028 Term Treasury ETFExpense ratio 0.07%1 year return +2.0%
AIBTJiShares iBonds Dec 2029 Term Treasury ETFExpense ratio 0.07%1 year return +1.1%
AIBTKiShares iBonds Dec 2030 Term Treasury ETFExpense ratio 0.07%1 year return +0.2%
BIBTLiShares iBonds Dec 2031 Term Treasury ETFExpense ratio 0.07%1 year return −0.3%

See others

iShares iBonds Dec 2027 Term Treasury ETF

Cost

Mission

Risk

Tradability

Holdings

Durability