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SECU

GradeCChicago Board Options Exchange

iShares Securitized Income Active ETF

Specialty Bonds · IShares · Inception 2005-07-28 · SEC filings

$48.70−0.19 (−0.39%)

As of Sep 23, 2026, 2:16 PM EDT

History starts Jan 27, 2026.History starts Jan 27, 2026.
Intraday session: down, 41 prints from 48.89 to 48.70. Range 48.69 to 48.99. Use the arrow keys to read each point.$48.80$48.90$49.0010 AM12 PM2 PM4 PM
Expense ratio
0.41%
Fund size
$950M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
939
Volume · 30D
0.1M sh
NAV per share
$48.93
52W range
low $48.83high $50.87

The ETF.net SECU Grade

C

47/ 100

Rank 5 of 11 in Multi-Sector Securitized Bond⁠

Confidence Medium

Six-pillar profile for SECU. Scores out of 100: Cost 33, Risk 31, Mission not scored, Tradability 63, Holdings 70, Durability 91. Strongest: Durability (91). Weakest: Risk (31). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 47 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 33
    Category rank8/11 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 31
    Category rank10/10 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 63
    Category rank4/11 · top 36%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 70
    Category rank5/11 · top 45%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 91
    Category rank1/11 · top 9%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on SECU

ETF.net Research

CThe bond market's back room: mortgage and asset-backed deals, actively picked by BlackRock's fixed income desk. SECU reached ETF form in 2026 by converting a mutual fund whose record runs back to 2005.

Stated mandate

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

Why people hold it

  1. 01Prospectus keeps at least 80% in securitized assets and concentrates at least 25% in non-agency mortgage bonds, a corner broad Agg trackers only graze.aaii.com
  2. 02Not a startup strategy. It inherited an identical objective and the same platform from a mutual fund dating to 2005, converting to an ETF in January 2026.blackrock.comblackrock.com
  3. 03At 0.40%, the fee lands right on the median for its bond peer group, and this is active credit work rather than index tracking like AGZ (0.15%) or BGRN (0.20%).
  4. 04Spread across roughly 900 positions with quarterly distributions, and it ranks in the top quartile of our bond cohort.

Worth knowing

  1. 01Its live ETF risk record is thin, and returns before August 2025 came from the predecessor mutual fund running different strategies as BlackRock U.S. Mortgage Portfolio.blackrock.com
  2. 02Non-agency securitized paper carries credit and prepayment risk that agency or Treasury funds do not.aaii.com
  3. 03Moderately traded rather than a volume heavyweight, so order size and timing matter more than in the mega-funds.

SECU Holdings

As of Sep 22, 2026, 5:16 AM
Asset class
Bonds
Holdings
939
Top-10 weight
16%
Largest holding
DREYFUS TRSR SECURITIES CASH MGT7.9%

Sectors

  • Securitized91.5%
  • Corporate8.5%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 64.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—DREYFUS TRSR SECURITIES CASH MGT7.89%74,597,660$75M1
002—FHR_5710 KF 0.00% 09/01/2055 (FHR_5710-KF)1.41%13,304,142$13M1
003—UMBS 30YR TBA(REG A) 4.00% 10/13/2026 (UM30)1.21%12,776,000$11M35
004—DCLO_5R A1R 144A 4.99% 01/15/2039 (DCLO_5R-A1R)1.06%10,000,000$10M6
005—A10_25-FL6 A 144A 5.28% 05/15/2042 (A10_25-FL6-A)0.90%8,516,000$9M4
006—FHSTR_432 GA 4.00% 04/25/2027 (FHSTR_432-GA)0.89%8,479,263$8M2
007—GNMA_24-126U FL 4.85% 08/20/2054 (GNMA_24-126U-FL)0.89%8,422,322$8M1
008—D2NXS_26-M1 A3 5.51% 08/15/2059 (D2NXS_26-M1-A3)0.72%6,910,000$7M4
009—SEMT_25-HYB1 A1A 144A 5.02% 10/25/2055 (SEMT_25-HYB1-A1A)0.69%6,562,511$6M5
010—BBCMS_26-M1 A3 6.28% 09/15/2059 (BBCMS_26-M1-A3)0.65%5,960,000$6M2
011—BMP_24-MF23 A 144A 5.19% 06/15/2041 (BMP_24-MF23-A)0.64%6,055,000$6M9
012—DWIGHT_26-FL2 A 144A 5.04% 01/18/2044 (DWIGHT_26-FL2-A)0.63%6,000,000$6M3
013—AMMC_25-32 A1 144A 5.11% 10/17/2038 (AMMC_25-32-A1)0.59%5,500,000$6M4
014—GNMA_23-166G BI 4.00% 07/20/2050 (GNMA_23-166G-BI)0.57%26,544,316$5M1
015—BX_26-VLT9 A 144A 5.52% 03/15/2045 (BX_26-VLT9-A)0.55%5,236,000$5M8

Showing 1–15 of 947 holdings

SECU Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SECU$9,966
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. SECU $9,966. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

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.

Trailing total return for SECU. Periods over one year show the average yearly return.
PeriodSECU
Year to dateHistory unavailable—
1 month−0.9%
3 months−0.3%
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

As of the close, 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+0.6%

History from Jan 27, 2026

SECU in the news

SECU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.24 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. 7 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. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
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

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.

SECU Cost

Expense ratio0.41%
  • The middle half of Multi-Sector Securitized Bond funds
  • Median 0.39%

7 of the 11 Multi-Sector Securitized Bond funds charge less.

SECU costs $41.00 a year on $10,000. The median Multi-Sector Securitized Bond fund costs $39.00.