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Launched · SEC filings

iShares Securitized Income Active ETF

SECUCboeiSharesC

$48.88+0.10 (+0.20%)

At close: Nov 2, 2026, 4:00 PM ET

C49/ 100

Rank 4 of 11 in Multi-Sector Securitized Bond

C49/100Rank 4 of 11inMulti-Sector Securitized Bond
Intraday session: up, 79 prints from 48.78 to 48.88. Range 48.70 to 48.89. Use the arrow keys to read each point.48.7048.7548.8510 AM12 PM2 PM4 PM
Expense ratio
0.41%
Fund size
$843M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
922
Avg volume · 30D
199K sh
52W range
low $48.20high $50.87
Launched
Filings
SEC EDGAR

The ETF.net SECU Grade

C

Score 49 out of 100

Category
Multi-Sector Securitized Bond⁠
Rank
4 of 11
Six-pillar profile for SECU. Scores out of 100: Cost 33, Risk 32, Mission 24, Tradability 71, Holdings 70, Durability 91. Strongest: Durability (91). Weakest: Mission (24). Leans toward Durability.

Score 49 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.
    D33 out of 100
    Rank 8 of 11

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F24 out of 100
    Rank 3 of 5

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D32 out of 100
    Rank 9 of 10

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A71 out of 100
    Rank 2 of 11

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A70 out of 100
    Rank 3 of 11

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A91 out of 100
    Rank 1 of 11

Our read on SECU

ETF.net Research

In short

CA 2005-vintage BlackRock mortgage-bond strategy that moved into an ETF wrapper in January 2026: active, roughly 900 securitized bonds deep, at 0.41% with no waiver due to expire.

Stated mandate

The Fund seeks high total return through active management of a diversified portfolio of securitized fixed-income assets.

Why people hold it

  • Rare pedigree: the strategy launched as a BlackRock mutual fund on July 29, 2005 and was reorganized into this ETF on January 23, 2026, so the research desk predates the ticker.sec.govblackrock.com
  • Wide net: roughly 900 positions spanning asset-backed bonds, agency and non-agency mortgage paper, CLOs and CMOs, up and down the capital structure.sec.gov
  • The 0.41% fee is the whole story: gross equals net, no waiver propping it up, and it sits near the median for funds in the securitized bond group.
  • Active mandate, no index leash. Managers can hold investment grade or high yield at any maturity, with at least 80% of assets in securitized exposure.sec.gov

Worth knowing

  • At least 25% of total assets sits in non-agency mortgage bonds, which carry no US government backing. Credit and prepayment swings come attached to the income.sec.gov
  • Cheaper doors exist in the same category: Principal's WDE charges 0.19% and Nuveen's NSCI 0.38%, neither relying on a waiver.
  • The wrapper is young even if the strategy isn't, so exchange-traded history on spreads and volatility is thin next to the predecessor fund's record.sec.gov

SECU Performance

Launched Jul 29, 2005

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.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
SECU$10,018
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. SECU $10,018. SPY $10,141. Use the arrow keys to read each point.$10,000$10,200$10,400Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

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.

Trailing total return for SECU. Periods over one year show the average yearly return.
PeriodSECU
Year to dateHistory unavailableNo data
1 month+1.5%
3 months+0.2%
1 yearHistory unavailableNo data
3 yearsHistory unavailableper yearNo data
5 yearsHistory unavailableper yearNo data
10 yearsHistory unavailableper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SECU
YearReturn barSECU
2026 YTD+1.4%

History from Jan 27, 2026

SECU in the news

SECU Dividends

Last payment
$0.28 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 8 payments in 2026 YTD. Mar 2, 2026 $0.36; Apr 1, 2026 $0.25; May 1, 2026 $0.19; Jun 1, 2026 $0.24; Jul 1, 2026 $0.21; Aug 3, 2026 $0.19; Sep 1, 2026 $0.24; Oct 1, 2026 $0.28. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.24
Oct 1, 2026Oct 6, 2026$0.28
Sep 1, 2026Sep 4, 2026$0.24
Aug 3, 2026Aug 6, 2026$0.19
Jul 1, 2026Jul 7, 2026$0.21
Jun 1, 2026Jun 4, 2026$0.24
May 1, 2026May 6, 2026$0.19
Apr 1, 2026Apr 7, 2026$0.25
Mar 2, 2026Mar 5, 2026$0.36

SECU Risk

Risk pillarD32 out of 100Rank 9 of 10 in Multi-Sector Securitized Bond
How much the fund’s monthly returns vary, scaled to a year.
No data available
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.

Return above 3-month US Treasury bills per unit of volatility.
No data available
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.

The largest fall from a peak to the low that followed.
No data available
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.

How strongly the fund’s returns move with its asset-class index.
0.80
vs its asset-class index
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.

SECU Cost

Compare SECU and WDE

Overpaying vs WDE, cheapest in Multi-Sector Securitized Bond

$4,329

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SECU 0.41%

    $8,281

  • WDE 0.19% Cheapest

    $3,952

$10,000
30 years

Cost over time

  • SECU 0.41%
  • WDE 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530SECU $8,281WDE $3,952

Year by year

YearSECUWDEOverpaying
10$741$347$394
20$2,860$1,351$1,509
30$8,281$3,952$4,329

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