iShares iBonds Dec 2031 Term Treasury ETF
$19.48+0.02 (+0.10%)
- 0.07%
- $764M
- −1.9%
- 4.04%
- 0.3M sh
- $19.46
- low $19.37high $20.81
The ETF.net IBTL Grade
A
Score 69 out of 100
- 7 of 31
Score 69 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. The letter stays A for now. A new letter must hold for 3 published runs before it replaces it.
Cost
The fund’s net expense ratio, ranked against its category.B65 out of 100Rank 1 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 23Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 18 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B60 out of 100Rank 9 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B63 out of 100Rank 15 of 31Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A81 out of 100Rank 7 of 31
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
- 27
- 54%
- Treasury Note 1.25% 08/15/2031
Sectors
- Treasuries100.0%
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.
Not enough history yet.
IBTL$9,809
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 | IBTL |
|---|---|
| Year to date | −2.4% |
| 1 month | −0.7% |
| 3 months | −2.0% |
| 1 year | −1.9% |
| 3 years | +4.2% |
| 5 years | −1.4% |
| 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 | −2.4% | |
| 2025 | +7.9% | |
| 2024 | +0.3% | |
| 2023 | +3.6% | |
| 2022 | −15.8% | |
| 2021 | −1.1% |
IBTL in the news
IBTL Dividends
- 4.04%
- $0.79
- $0.07 per share
- Monthly
Distribution history
IBTL Risk
- 5.8%
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.
- −0.11
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.
- −19.9%
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.
- 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
0.07%
IBTL0.07%
- The middle half of Defined-Maturity Treasury funds
- Median 0.07%
No Defined-Maturity Treasury fund charges less.
Other funds in Defined-Maturity Treasury
- ABSGRInvesco Bulletshares 2027 Treasury Bond ETFExpense ratio 0.07%1 year return —
- AIBTKiShares iBonds Dec 2030 Term Treasury ETFExpense ratio 0.07%1 year return −1.1%
- AIBTOiShares iBonds Dec 2033 Term Treasury ETFExpense ratio 0.07%1 year return −3.2%
- BBSTSInvesco Bulletshares 2028 Treasury Bond ETFExpense ratio 0.07%1 year return —
- BIBTPiShares iBonds Dec 2034 Term Treasury ETFExpense ratio 0.07%1 year return −3.8%