iShares iBonds Dec 2033 Term Treasury ETF
$23.11−0.23 (−0.99%)
- Expense ratio
- 0.07%
- Fund size
- $456M
- 1Y return
- −1.5%
- Yield · Last 12 months
- 4.27%
- Holdings
- 11
- Volume · 30D
- 0.1M sh
- NAV per share
- $23.32
- 52W range
The ETF.net IBTO Grade
Score 71 of 100 sits in the B 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.AScore 77Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 47Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
Our read on IBTO
BOne year of the Treasury curve in one ticker: IBTO holds US government bonds maturing in 2033, charges 0.07% a year, and pays monthly. Bond-ladder plumbing without buying individual Treasuries.
The Fund seeks to track an index of U.S. Treasury bonds maturing in 2033.
Why people hold it
- Seven cents per $100 a year, under the typical target-maturity bond fund's fee. When the raw material is Treasury yield, cost is one of the few levers anyone actually controls.
- The mandate is narrow on purpose: an index of US Treasuries maturing in 2033. No corporate credit, no wandering down the curve, no mystery about what is inside.
- Cash arrives monthly, and among the 100-plus target-maturity bond funds we track it stands as one of the stronger implementations in the group.
Worth knowing
- A 2033 maturity carries real duration. Until those bonds age toward par, the share price swings with interest rates, in both directions.
- This is one rung, not a ladder: a single year's slice of Treasury maturities rather than a broad bond sleeve.
- Volume is moderate rather than heavy, so spreads can widen when markets get fast.
IBTO Holdings
- Bonds
- 11
- 96%
- TREASURY NOTE 4.50% 11/15/2033
Geography
- United States100.00%
IBTO 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 | IBTO |
|---|---|
| Year to date | −2.3% |
| 1 month | −1.5% |
| 3 months | −1.7% |
| 1 year | −1.5% |
| 3 years | +3.4% |
| 5 years | — |
| 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 | IBTO |
|---|---|---|
| 2026 YTD | −2.3% | |
| 2025 | +8.3% | |
| 2024 | −0.9% | |
| 2023 | +1.7% |
IBTO in the news
ETF.net Research hasn’t filed on IBTO yet — coverage lands here as it’s written.
IBTO Dividends
- 4.27%
- $1.00
- $0.08 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.08 |
| Aug 3, 2026 | Aug 6, 2026 | $0.09 |
| Jul 1, 2026 | Jul 7, 2026 | $0.08 |
| Jun 1, 2026 | Jun 4, 2026 | $0.08 |
| May 1, 2026 | May 6, 2026 | $0.08 |
| Apr 1, 2026 | Apr 7, 2026 | $0.08 |
| Mar 2, 2026 | Mar 5, 2026 | $0.08 |
| Feb 2, 2026 | Feb 5, 2026 | $0.09 |
| Dec 19, 2025 | Dec 24, 2025 | $0.09 |
| Dec 1, 2025 | Dec 4, 2025 | $0.08 |
| Nov 3, 2025 | Nov 6, 2025 | $0.08 |
| Oct 1, 2025 | Oct 6, 2025 | $0.08 |
IBTO Risk
- 6.7%
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.
- −0.19
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.
- −8.4%
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.
- 1.20
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBTO Cost
- The middle half of Defined-Maturity Treasury funds
- Median 0.07%
No Defined-Maturity Treasury fund charges less.