---
ticker: "ICSH"
name: "iShares Ultra Short Duration Bond Active ETF"
url: "https://etf.net/etf/ICSH"
grade: "A"
score: 83
graded_at: "2026-10-12"
category: "Cash & Ultra-Short Income"
category_rank: "1 of 78"
methodology: "https://etf.net/methodology"
---

# ICSH: iShares Ultra Short Duration Bond Active ETF

Grade **A**, Score 83 of 100. Rank 1 of 78 in Cash & Ultra-Short Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 89 | 8 of 78 |
| Mission | 100 | 1 of 66 |
| Risk | 50 | 37 of 75 |
| Tradability | 67 | 20 of 78 |
| Holdings | 95 | 2 of 77 |
| Durability | 90 | 4 of 78 |

## Top holdings

The fund holds 398 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Tri-Party Mizuho Securities Usa Ll | 1.53% |
| 2 | — | Tri-Party Citigroup Global Markets | 1.36% |
| 3 | — | Tri-Party Goldman Sachs & Co. Llc | 1.13% |
| 4 | — | Tri-Party Wells Fargo Securities L | 1.01% |
| 5 | — | Commerzbank AG (New York Branch) 06/23/2027 | 0.94% |
| 6 | — | Tri-Party Bofa Securities Inc. | 0.92% |
| 7 | — | Banco Bilbao Vizcaya Argentaria SA 03/10/2027 | 0.85% |
| 8 | — | Bpce SA 144A 05/06/2027 | 0.83% |
| 9 | — | Westpac Securities Nz Ltd 144A 06/09/2027 | 0.78% |
| 10 | — | Skandinaviska Enskilda Banken Ab 144A 05/10/2027 | 0.71% |
| 11 | — | Cooperatieve Rabobank Ua (New York 11/16/2026 | 0.70% |
| 12 | — | Britannia Funding Company Llc 144A 03/15/2027 | 0.67% |
| 13 | — | Svenska Handelsbanken Ab 144A 04/13/2027 | 0.67% |
| 14 | — | Mizuho Bank Ltd (New York Branch) 05/26/2027 | 0.65% |
| 15 | — | Northwestern Mutual Global Funding Mtn 144A 4.40% 03/30/2029 | 0.63% |
| 16 | — | Toyota Motor Credit Corp Mtn 4.25% 05/12/2028 | 0.63% |
| 17 | — | Cdp Financial Inc 144A 03/24/2027 | 0.63% |
| 18 | — | Sumitomo Mitsui Trust Bank Ltd (Ne 11/24/2026 | 0.61% |
| 19 | — | Pacific Life Global Funding Ii Mtn 144A 4.30% 04/27/2029 | 0.61% |
| 20 | — | Rwe AG 144A 10/21/2026 | 0.61% |
| 21 | — | Morgan Stanley Private Bank Na 4.20% 11/17/2028 | 0.60% |
| 22 | — | New York Life Global Funding Mtn 144A 4.20% 04/20/2029 | 0.60% |
| 23 | — | Glencore Funding Llc 144A 10/16/2026 | 0.60% |
| 24 | — | Salesforce Inc 4.50% 03/15/2028 | 0.60% |
| 25 | — | Bank of New Zealand 144A 04/16/2027 | 0.59% |
| 26 | — | Honeywell Aerospace Inc 3.90% 03/16/2028 | 0.59% |
| 27 | — | Athene Global Funding Mtn 144A 4.83% 05/09/2028 | 0.59% |
| 28 | — | Bank of New Zealand 144A 05/12/2027 | 0.58% |
| 29 | — | Bank of Nova Scotia 144A 05/20/2027 | 0.58% |
| 30 | — | Toronto-Dominion Bank (New York Br 09/17/2027 | 0.58% |

Source: etf.net, https://etf.net/etf/ICSH. Please cite the page URL.