iShares iBonds Dec 2031 Term Treasury ETF
$19.50−0.15 (−0.76%)
- Expense ratio
- 0.07%
- Fund size
- $731M
- 1Y return
- −0.8%
- Yield · Last 12 months
- 4.00%
- Holdings
- 24
- Volume · 30D
- 0.3M sh
- NAV per share
- $19.63
- 52W range
The ETF.net IBTL Grade
Score 70 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.BScore 67Category 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.DScore 38Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 58Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 64Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 81Category rank
Our read on IBTL
AOne rung of a Treasury ladder in ETF form: every bond it holds matures in 2031, giving the portfolio a finish line most bond funds never have. Charges 0.07% and pays monthly.
The fund seeks to track an index of U.S. Treasury bonds maturing in 2031.
Why people hold it
- 0.07% a year against a 0.10% median for target-maturity bond funds. On plain Treasuries, the fee is most of what separates one fund from the next.
- Government paper in a single maturity year: no corporate credit to underwrite, and it follows the ICE 2031 Maturity US Treasury Index instead of a manager's hunches.
- Tracks that index closely and stands among the strongest builds in a crowded target-maturity peer group.
- Sibling funds cover other years (IBTJ for 2029, same 0.07%), so rungs can be stacked without switching issuer or fee tier.
Worth knowing
- Before 2031 arrives, the price still moves with rates. A 2031 maturity swings more than Treasury bills when yields shift.
- Monthly payouts come from Treasury coupons. No target payout is declared, so the amount moves with the portfolio.
- One issuer type, one maturity year. That is a ladder rung, not a diversified bond sleeve.
IBTL Holdings
- Bonds
- 24
- 56%
- TREASURY NOTE 1.25% 08/15/2031
Geography
- United States100.00%
IBTL 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 | IBTL |
|---|---|
| Year to date | −1.8% |
| 1 month | −1.4% |
| 3 months | −1.2% |
| 1 year | −0.8% |
| 3 years | +3.8% |
| 5 years | −1.7% |
| 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 | IBTL |
|---|---|---|
| 2026 YTD | −1.8% | |
| 2025 | +7.9% | |
| 2024 | +0.3% | |
| 2023 | +3.6% | |
| 2022 | −15.8% | |
| 2021 | −1.1% |
IBTL in the news
ETF.net Research hasn’t filed on IBTL yet — coverage lands here as it’s written.
IBTL Dividends
- 4.00%
- $0.79
- $0.07 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.07 |
| Aug 3, 2026 | Aug 6, 2026 | $0.07 |
| Jul 1, 2026 | Jul 7, 2026 | $0.06 |
| 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 | $0.06 |
| Dec 19, 2025 | Dec 24, 2025 | $0.06 |
| Dec 1, 2025 | Dec 4, 2025 | $0.07 |
| Nov 3, 2025 | Nov 6, 2025 | $0.07 |
| Oct 1, 2025 | Oct 6, 2025 | $0.07 |
IBTL Risk
- 5.9%
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
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.
- −20.7%
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.
- 1.04
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBTL Cost
- The middle half of Defined-Maturity Treasury funds
- Median 0.07%
No Defined-Maturity Treasury fund charges less.