Category Review
Municipal bond funds are down for the year after a third-quarter selloff erased the first-half gain
iShares Core 5-10 Year USD Bond ETF
$41.49+0.04 (+0.10%)
- 0.07%
- $273M
- −2.0%
- 4.74%
- 0.1M sh
- $41.40
- low $41.01high $44.83
The ETF.net IMTB Grade
A
Score 73 out of 100
- 24 of 117
Score 73 of 100 falls in the A 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.A87 out of 100Rank 14 of 117Mission
Whether the fund did what it promised, tested against its stated mandate.A98 out of 100Rank 61 of 101Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 97 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B57 out of 100Rank 42 of 117Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B62 out of 100Rank 55 of 116Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 45 of 117
Our read on IMTB
AMost core bond funds hand you the entire yield curve. IMTB takes only the 5-to-10-year belly, and its index reaches past the Agg into high yield, for seven basis points a year.
The fund seeks to track an index of U.S.-dollar-denominated investment-grade and high-yield bonds with remaining maturities between five and ten years.
Why people hold it
- Charges 0.07% a year against a category median near 0.36%. The maturity-sliced build does not carry a boutique price tag.
- The Bloomberg U.S. Universal 5-10 Year Index goes where the Agg stops: investment grade plus a high-yield sleeve, spread across thousands of individual bonds.ishares.com
- Tracks its benchmark very closely and pays monthly, so income arrives on a set cadence rather than in quarterly lumps.
- An iShares Core fund running since 2016, and one of the stronger builds in a core bond aisle that holds well over a hundred competitors.
Worth knowing
- Trades lightly next to giants like BND and SCHZ. Thinner volume can mean wider spreads at the moment you buy or sell.
- One maturity bucket only: no short-end ballast, no long bonds. Moves in intermediate rates hit the whole portfolio at once.
- The high-yield slice adds credit risk that plain Agg trackers (BND, SPAB, SCHZ) leave out, and those three run at 0.03%.
IMTB Holdings
- Bonds
- 3,547
- 19%
- BlackRock Cash Class Inst Sl Agency
Geography
- United States82.43%
- Canada2.28%
- United Kingdom1.51%
- Cayman Islands1.03%
- Mexico0.97%
- Japan0.88%
- Luxembourg0.86%
- France0.58%
- 9.46%
IMTB Performance
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.
IMTB$9,804
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 | IMTB |
|---|---|
| Year to date | −3.0% |
| 1 month | −1.3% |
| 3 months | −3.0% |
| 1 year | −2.0% |
| 3 years | +5.2% |
| 5 years | −0.1% |
| 10 years | — |
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 | IMTB |
|---|---|---|
| 2026 YTD | −3.0% | |
| 2025 | +8.9% | |
| 2024 | +1.9% | |
| 2023 | +6.1% | |
| 2022 | −12.8% | |
| 2021 | −1.4% | |
| 2020 | +6.3% |
IMTB in the news
IMTB Dividends
- 4.74%
- $1.96
- $0.17 per share
- Monthly
Distribution history
IMTB Risk
- 6.2%
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.
- 0.04
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.
- −17.4%
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.
- 1.05
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IMTB Cost
0.07%
IMTB0.07%
- The middle half of US Aggregate Bond funds
- Median 0.34%
11 of the 113 US Aggregate Bond funds charge less.
Other funds in US Aggregate Bond
- ABLVVanguard Long-Term Bond ETFExpense ratio 0.03%1 year return −7.3%
- ACGCBCapital Group Core Bond ETFExpense ratio 0.27%1 year return −2.2%
- ANUBDNuveen ESG U.S. Aggregate BondExpense ratio 0.12%1 year return −2.1%
- AUNIYWisdomTree Voya Yield Enhanced USD Universal Bond FundExpense ratio 0.15%1 year return −1.8%
- AGCORGoldman Sachs Access U.S. Aggregate Bond ETFExpense ratio 0.09%1 year return −2.1%