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SYSB

GradeBChicago Board Options Exchange

iShares Systematic Bond ETF

Core US Bond · IShares · Inception 2015-02-23

$85.21−0.85 (−0.99%)

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

Intraday session: down, 49 prints from 86.06 to 85.21. Range 85.14 to 85.88. Use the arrow keys to read each point.$85.40$85.60$85.8010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$1.3B
1Y return
+0.0%
Yield · Last 12 months
4.63%
Holdings
837
Volume · 30D
0.1M sh
NAV per share
$85.97
52W range
low $85.60high $91.20

The ETF.net SYSB Grade

B

70/ 100

Rank 34 of 118 in US Aggregate Bond⁠

Confidence High

Six-pillar profile for SYSB. Scores out of 100: Cost 66, Risk 58, Mission 100, Tradability 53, Holdings 48, Durability 78. Strongest: Mission (100). Weakest: Holdings (48). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 70 of 100 sits in the B 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.
    BScore 66
    Category rank42/118 · top 36%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank43/100 · top 43%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 58
    Category rank32/117 · top 27%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 53
    Category rank58/118 · top 49%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 48
    Category rank80/117 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 78
    Category rank18/118 · top 15%

Graded as of Sep 22, 2026

Our read on SYSB

ETF.net Research

BA quant twist on core bonds: SYSB tracks a BlackRock index that pools investment-grade and high-yield US dollar debt by rule, rather than mirroring a cap-weighted aggregate, and it charges less than the typical fund in its category.

Stated mandate

The fund seeks to track an index of U.S. dollar-denominated bonds that includes both investment-grade and high-yield securities.

Why people hold it

  1. 01Rules-based by design: one fund holding both investment-grade and high-yield dollar bonds, roughly 800 of them, instead of a plain cap-weighted aggregate.ishares.com
  2. 020.25% a year undercuts the 0.36% median in its bond cohort, so the systematic engine costs less than the category's typical tracker.
  3. 03Tracking has stayed tight to the BlackRock Universal Systematic Bond Index, and distributions go out monthly.
  4. 04Trading since 2015 with a billion-dollar-plus asset base and iShares behind the plumbing: a real track record, not a launch-week experiment.

Worth knowing

  1. 01You pay up for the method: core aggregate trackers such as BND, SPAB and SCHZ run 0.03%.
  2. 02The high-yield slice brings credit risk that an investment-grade-only aggregate does not carry.
  3. 03Moderately traded rather than one of the category's volume giants, which can mean wider spreads on larger orders.

SYSB Holdings

As of Sep 22, 2026, 3:54 AM
Asset class
Bonds
Holdings
837
Top-10 weight
26%
Largest holding
BLACKROCK CASH CL INST SL AGENCY6.5%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 56.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—BLACKROCK CASH CL INST SL AGENCY6.48%0$82M18
002—TREASURY BOND 1.13% 08/15/20402.89%0$37M33
003—TREASURY BOND 2.75% 08/15/20472.82%0$36M25
004—TREASURY NOTE 4.00% 11/15/20352.77%0$35M47
005—TREASURY NOTE (2OLD) 4.13% 02/15/20362.22%0$28M54
006—TREASURY NOTE 4.25% 05/31/20331.92%0$24M35
007—TREASURY BOND 1.75% 08/15/20411.77%0$22M32
008—TREASURY BOND 2.25% 08/15/20461.76%0$22M27
009—TREASURY NOTE (OLD) 4.38% 07/31/20331.72%0$22M27
010—TREASURY BOND 3.00% 08/15/20521.69%0$21M30
011—TREASURY BOND 2.25% 02/15/20521.67%0$21M30
012—TREASURY BOND 1.88% 11/15/20511.66%0$21M30
013—TREASURY BOND 3.00% 11/15/20441.44%0$18M28
014—TREASURY NOTE 3.50% 02/28/20311.40%0$18M37
015—TREASURY BOND 2.00% 08/15/20511.24%0$16M32

Showing 1–15 of 840 holdings

SYSB Performance

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

SYSB$10,001
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SYSB $10,001. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – 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 SYSB. Periods over one year show the average yearly return.
PeriodSYSB
Year to date−1.1%
1 month−0.9%
3 months−1.5%
1 year+0.0%
3 years+6.2%per year
5 years+1.0%per year
10 years+1.9%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 SYSB
YearReturn barSYSB
2026 YTD−1.1%
2025+8.3%
2024+6.0%
2023+8.2%
2022−13.6%
2021−1.0%
2020+3.3%

SYSB in the news

ETF.net Research hasn’t filed on SYSB yet — coverage lands here as it’s written.

SYSB 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.
4.63%Last 12 months
Payout per share
$3.98Last 12 months
Last payment
$0.34 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 44 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.30; Mar 1, 2023 $0.30; Apr 3, 2023 $0.31; May 1, 2023 $0.31; Jun 1, 2023 $0.32; Jul 3, 2023 $0.31; Aug 1, 2023 $0.33; Sep 1, 2023 $0.31; Oct 2, 2023 $0.32; Nov 1, 2023 $0.33; Dec 1, 2023 $0.34; Dec 14, 2023 $0.35; Feb 1, 2024 $0.34; Mar 1, 2024 $0.34; Apr 1, 2024 $0.36; May 1, 2024 $0.36; Jun 3, 2024 $0.36; Jul 1, 2024 $0.33; Aug 1, 2024 $0.38; Sep 3, 2024 $0.37; Oct 1, 2024 $0.38; Nov 1, 2024 $0.39; Dec 2, 2024 $0.39; Dec 18, 2024 $0.39; Feb 3, 2025 $0.39; Mar 3, 2025 $0.38; Apr 1, 2025 $0.39; May 1, 2025 $0.38; Jun 2, 2025 $0.37; Jul 1, 2025 $0.40; Aug 1, 2025 $0.35; Sep 2, 2025 $0.38; Oct 1, 2025 $0.38; Nov 3, 2025 $0.37; Dec 1, 2025 $0.15; Dec 19, 2025 $0.35; Feb 2, 2026 $0.33; Mar 2, 2026 $0.34; Apr 1, 2026 $0.33; May 1, 2026 $0.35; Jun 1, 2026 $0.35; Jul 1, 2026 $0.35; Aug 3, 2026 $0.36; Sep 1, 2026 $0.34. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Sep 1, 2026Sep 4, 2026$0.34
Aug 3, 2026Aug 6, 2026$0.36
Jul 1, 2026Jul 7, 2026$0.35
Jun 1, 2026Jun 4, 2026$0.35
May 1, 2026May 6, 2026$0.35
Apr 1, 2026Apr 7, 2026$0.33
Mar 2, 2026Mar 5, 2026$0.34
Feb 2, 2026Feb 5, 2026$0.33
Dec 19, 2025Dec 24, 2025$0.35
Dec 1, 2025Dec 4, 2025$0.15
Nov 3, 2025Nov 6, 2025$0.37
Oct 1, 2025Oct 6, 2025$0.38

SYSB Risk

How much the fund’s monthly returns vary, scaled to a year.
4.0%
Annualised · 36 months to Aug 2026
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.
0.42
vs 3-month T-bills · to Aug 2026
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.
−18.3%
Trough Oct 2022
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.
0.65
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.

SYSB Cost

Expense ratio0.25%
  • The middle half of US Aggregate Bond funds
  • Median 0.34%

35 of the 112 US Aggregate Bond funds charge less.

SYSB costs $25.00 a year on $10,000. The median US Aggregate Bond fund costs $34.00.