iShares Interest Rate Hedged Long-Term Corporate Bond ETF
$24.56−0.05 (−0.20%)
- 0.39%
- $264M
- +6.5%
- 5.31%
- 0.1M sh
- $24.56
- low $23.75high $25.05
The ETF.net IGBH Grade
C
Score 47 out of 100
- 34 of 49
Score 47 of 100 falls in the C 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.D27 out of 100Rank 36 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.C43 out of 100Rank 43 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 6 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A73 out of 100Rank 9 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C45 out of 100Rank 34 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A71 out of 100Rank 15 of 49
Our read on IGBH
CMost corporate bond funds hand you credit risk and rate risk in one bundle. IGBH keeps the long-dated investment-grade corporates and uses interest-rate swaps to cut the duration, so the credit spread is the main event.
The fund tracks an index intended to reduce interest-rate risk in a portfolio of long-duration investment-grade corporate bonds, using interest-rate swaps to manage duration.
Why people hold it
- The swap overlay is built to strip most interest-rate sensitivity out of a long-maturity corporate portfolio, leaving corporate credit as the dominant driver instead of the Treasury curve.ishares.com
- A genuine specialist tool: iShares has run this rate-hedged long-corporate strategy since 2015, and it follows a published BlackRock index rather than a manager's discretion.
- Income arrives monthly, sourced from investment-grade corporate borrowers rather than a leveraged or derivative-income sleeve.
Worth knowing
- The 0.39% fee sits well above plain investment-grade corporate funds like VCIT at 0.03% and USIG at 0.04%. The hedging machinery is what the extra buys.
- The hedge cuts both directions. Damping rate moves means this behaves nothing like unhedged long corporate bonds when yields swing either way.
- Small and only moderately traded next to the category's giants, so spreads can be wider and order type matters more.
IGBH Holdings
- Bonds
- 4,160
- 11%
- Cash Collateral USD Xjpm 12/31/2049
Geography
- United States100.00%
IGBH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
IGBH$10,652
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 | IGBH |
|---|---|
| Year to date | +3.9% |
| 1 month | +0.9% |
| 3 months | +2.1% |
| 1 year | +6.5% |
| 3 years | +7.7% |
| 5 years | +5.6% |
| 10 years | +5.1% |
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 | IGBH |
|---|---|---|
| 2026 YTD | +3.9% | |
| 2025 | +7.9% | |
| 2024 | +7.8% | |
| 2023 | +12.1% | |
| 2022 | −2.8% | |
| 2021 | +2.2% | |
| 2020 | +1.0% |
IGBH in the news
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
IGBH Dividends
- 5.31%
- $1.31
- $0.12 per share
- Monthly
Distribution history
IGBH Risk
- 4.0%
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.
- 0.75
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.
- −10.5%
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.
- 0.16
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IGBH Cost
0.39%
IGBH0.39%
- The middle half of Investment Grade Corporate funds
- Median 0.29%
35 of the 49 Investment Grade Corporate funds charge less.
Other funds in Investment Grade Corporate
- CFIGBFidelity Investment Grade Bond ETFExpense ratio 0.36%1 year return −2.2%
- CUCRDVictoryShares Corporate Bond ETFExpense ratio 0.47%1 year return −1.9%
- CFTRBFederated Hermes Total Return Bond ETFExpense ratio 0.50%1 year return −1.6%
- CLQDIiShares Inflation Hedged Corporate Bond ETFExpense ratio 0.33%1 year return −2.6%
- CIGCBTCW Corporate Bond ETFExpense ratio 0.35%1 year return −2.8%