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Launched

iShares iBonds Dec 2036 Term Treasury ETF

IBTRNasdaqB

$23.50+0.03 (+0.15%)

At close: Oct 13, 2026, 4:00 PM

B59/ 100

Rank 13 of 31 in Defined-Maturity Treasury

B59/100Rank 13 of 31inDefined-Maturity Treasury
Intraday session: up, 43 prints from 23.46 to 23.50. Range 23.48 to 23.54. Use the arrow keys to read each point.23.4823.5223.5410 AM12 PM2 PM4 PM
Expense ratio
0.07%
Fund size
$75M
1Y total return
—
Yield · Last 12 months
Data unavailable
Holdings
5
Avg volume · 30D
0M sh
NAV per share
$23.44
52W range
low $23.23high $27.37
Launched

The ETF.net IBTR Grade

B

Score 59 out of 100

Category
Defined-Maturity Treasury⁠
Rank
13 of 31
Six-pillar profile for IBTR. Scores out of 100: Cost 65, Risk 37, Mission 81, Tradability 58, Holdings 29, Durability 55. Strongest: Mission (81). Weakest: Holdings (29). Leans toward Mission.

Score 59 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.
    B65 out of 100
    Rank 1 of 31

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A81 out of 100
    Rank 12 of 23

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D37 out of 100
    Rank 20 of 29

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B58 out of 100
    Rank 13 of 31

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D29 out of 100
    Rank 30 of 31

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B55 out of 100
    Rank 13 of 31

Our read on IBTR

ETF.net Research

BOne dated rung on the iBonds Treasury ladder: an index of US Treasuries maturing in 2036, run as a defined-maturity strategy, for 0.07% a year. Bond-style maturity math in an ETF wrapper.

Stated mandate

The fund seeks to track an index of U.S. Treasury bonds maturing in 2036 and is designed to provide income and stability through a defined-maturity bond strategy.

Why people hold it

  1. 010.07% a year, below the typical target-maturity bond fund, and level with the cheapest Treasury rungs in the same lineup such as IBTJ.
  2. 02Government paper only. The mandate is US Treasuries maturing in 2036, so there is no corporate credit to underwrite.
  3. 03A dated end point, not a rolling one: it tracks the ICE 2036 Maturity US Treasury Index, so the term is fixed rather than a perpetual fund's ever-rolling duration.
  4. 04Income arrives on a quarterly schedule, and the cost line is one of the lighter ones among target-maturity bond funds.

Worth knowing

  1. 01This is a far rung. A 2036 maturity carries more interest-rate sensitivity than nearer-dated siblings like IBTJ (2029), so prices move more when yields move.
  2. 02Launched in 2026 and still small, it trades thinly, so spreads can run wider than on the ladder's long-established rungs.
  3. 03Short history means limited track record to examine, even though the underlying index rule is mechanical.

IBTR Holdings

As of Oct 12, 2026
Asset class
Bonds
Holdings
5
Top-10 weight
100%
Largest holding
Treasury Note (Old) 4.38% 05/15/203636.8%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Treasury Note (Old) 4.38% 05/15/203636.80%295,042$28M42
002—Treasury Note (2OLD) 4.13% 02/15/203635.76%291,867$27M51
003—Treasury Note (Otr) 4.63% 08/15/203624.87%195,720$19M52
004—Treasury Bond 4.50% 02/15/20362.52%19,743$2M16
005—Blk Csh Fnd Treasury Sl Agency0.06%41,547$42K437

Showing 1–5 of 5 holdings

IBTR Performance

Launched Mar 25, 2026

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.Not enough history yet.Not enough history yet.Not enough history yet.
IBTR$9,612
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,332
Jul 10, 2026 to Oct 12, 2026. IBTR $9,612. SPY $10,332. Use the arrow keys to read each point.$9,489$9,949$10,409Jul 2026Aug 2026Oct 2026

Jul 10, 2026 – Oct 12, 2026

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.

Trailing total return for IBTR. Periods over one year show the average yearly return.
PeriodIBTR
Year to dateFund launched this year—
1 month−1.7%
3 months−3.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, 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 IBTR
YearReturn barIBTR
2026 YTD−3.6%

History from Mar 26, 2026

IBTR in the news

Filtered to IBTR · IShares

IBTR Dividends

Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 6 payments in 2026 YTD. May 1, 2026 $0.09; Jun 1, 2026 $0.07; Jul 1, 2026 $0.08; Aug 3, 2026 $0.07; Sep 1, 2026 $0.08; Oct 1, 2026 $0.06. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 1, 2026Oct 6, 2026$0.06
Sep 1, 2026Sep 4, 2026$0.08
Aug 3, 2026Aug 6, 2026$0.07
Jul 1, 2026Jul 7, 2026$0.08
Jun 1, 2026Jun 4, 2026$0.07
May 1, 2026May 6, 2026$0.09

IBTR Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
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.
—
Launched Mar 2026; fills in after 12 months
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.
—
Launched Mar 2026; fills in after 12 months
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.
0.05
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.

IBTR Cost

Expense ratio0.07%
  • The middle half of Defined-Maturity Treasury funds
  • Median 0.07%

No Defined-Maturity Treasury fund charges less.

IBTR costs $7.00 a year on $10,000. The median Defined-Maturity Treasury fund costs $7.00.

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