iShares Interest Rate Hedged Long-Term Corporate Bond ETF
$24.66−0.06 (−0.22%)
- Expense ratio
- 0.39%
- Fund size
- $248M
- 1Y return
- +6.2%
- Yield · Last 12 months
- 5.32%
- Volume · 30D
- 0.1M sh
- NAV per share
- $24.72
- 52W range
The ETF.net IGBH Grade
Score 44 of 100 sits in the C 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.DScore 27Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.DScore 38Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 62Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 59Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 57Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 71Category rank
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
- —
- 13%
- BLK CSH FND TREASURY SL AGENCY
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.
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 | IGBH |
|---|---|
| Year to date | +3.8% |
| 1 month | +1.5% |
| 3 months | +1.3% |
| 1 year | +6.2% |
| 3 years | +7.6% |
| 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 | +3.8% | |
| 2025 | +7.9% | |
| 2024 | +7.8% | |
| 2023 | +12.1% | |
| 2022 | −2.8% | |
| 2021 | +2.2% | |
| 2020 | +1.0% |
IGBH in the news
ETF.net Research hasn’t filed on IGBH yet — coverage lands here as it’s written.
IGBH Dividends
- 5.32%
- $1.32
- $0.10 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 2, 2026 | Sep 8, 2026 | $0.10 |
| Aug 4, 2026 | Aug 7, 2026 | $0.10 |
| Jul 2, 2026 | Jul 8, 2026 | $0.10 |
| Jun 2, 2026 | Jun 5, 2026 | $0.10 |
| May 4, 2026 | May 7, 2026 | $0.11 |
| Apr 2, 2026 | Apr 8, 2026 | $0.11 |
| Mar 3, 2026 | Mar 6, 2026 | $0.11 |
| Feb 3, 2026 | Feb 6, 2026 | $0.10 |
| Dec 23, 2025 | Dec 29, 2025 | $0.12 |
| Dec 2, 2025 | Dec 5, 2025 | $0.11 |
| Nov 4, 2025 | Nov 7, 2025 | $0.12 |
| Oct 2, 2025 | Oct 7, 2025 | $0.13 |
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.
- 0.74
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
- The middle half of Investment Grade Corporate funds
- Median 0.30%
35 of the 49 Investment Grade Corporate funds charge less.