iShares Interest Rate Hedged Long-Term Corporate Bond ETF
The ETF.net IGBH Grade
B
Score 65 out of 100
- 16 of 49
Score 65 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.A85 out of 100Rank 7 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.C40 out of 100Rank 43 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 8 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A74 out of 100Rank 8 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B57 out of 100Rank 25 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B69 out of 100Rank 16 of 49
Our read on IGBH
In short
BLong corporate credit without the long-bond rate ride: IGBH holds investment-grade bonds maturing in 10+ years, then swaps away most of the duration. 0.14% net of a waiver through February 28, 2027.
Stated mandate
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
Worth knowing
IGBH Holdings
- Bonds
- 4,130
- 12%
- Cash Collateral USD Xjpm 12/31/2049
Sectors
- Electric14.0%
- Health Care13.6%
- Communications11.4%
- Energy9.8%
- Banking9.3%
- Insurance8.6%
- Consumer Non-Cyclical7.2%
- Consumer Discretionary5.9%
- Capital Goods5.6%
- Owned No Guarantee4.1%
- Transportation3.4%
- Basic Industry3.3%
- Natural Gas1.3%
- Reits1.0%
- Brokerage/Asset Managers/Exchanges1.0%
- Treasuries0.4%
- Finance Companies0.2%
- Local Government No Guarantee0.0%
Geography
- United States83.75%
- United Kingdom2.41%
- Canada2.05%
- Switzerland1.04%
- France0.97%
- China0.93%
- Belgium0.91%
- Australia0.84%
- 7.10%
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$10,450
Returns run to the Oct 30, 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 | +3.0% |
| 1 month | −0.3% |
| 3 months | +1.4% |
| 1 year | +4.5% |
| 3 years | +7.6% |
| 5 years | +5.4% |
| 10 years | +5.0% |
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 | +3.0% | |
| 2025 | +7.9% | |
| 2024 | +7.8% | |
| 2023 | +12.1% | |
| 2022 | −2.8% | |
| 2021 | +2.2% | |
| 2020 | +1.0% |
IGBH in the news
IGBH Dividends
- 5.36%
- $1.31
- $0.12 per share
- Monthly
IGBH Risk
- 3.9%
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.
- 0.76
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.
FMP measures it over up to five years of monthly returns.
IGBH Cost
Overpaying vs SPBO, tied cheapest in Investment Grade Corporate
$2,294
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
IGBH 0.14%
$2,932
SPBO 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | IGBH | SPBO | Overpaying |
|---|---|---|---|
| 10 | $256 | $55 | $201 |
| 20 | $1,000 | $216 | $784 |
| 30 | $2,932 | $638 | $2,294 |
You pay 0.14%Waived by iShares 0.25%
Full fee 0.39% waiver 0.25% you pay 0.14%
Other funds in Investment Grade Corporate
- BDGCBDimensional Global Credit ETFExpense ratio 0.20%1 year return +0.3%
- BPFIGInvesco Fundamental Investment Grade Corporate Bond ETFExpense ratio 0.22%1 year return +0.6%
- BQIGWisdomTree U.S. Corporate Bond FundExpense ratio 0.18%1 year return −0.9%
- BKORPAmerican Century Diversified Corporate Bond ETFExpense ratio 0.29%1 year return −0.3%
- BMIGVanEck Moody’s Analytics IG Corporate Bond ETFExpense ratio 0.20%1 year return −1.3%
