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IUSB vs NBTR

iShares Core Universal USD Bond ETF

IUSBANasdaq

Neuberger Total Return Bond ETF

NBTRCNYSE Arca

Overlap

No data

Expense ratio

IUSB −0.88pt a year

IUSB0.06%NBTR0.94%

Avg volume · 30D

IUSB 3352.9×the volume

IUSB6.13MNBTR1.83K

IUSB vs NBTR Performance

Oct 31, 2025 – Oct 30, 2026

0.0%IUSB−0.5%NBTR

Oct 31, 2025 to Oct 30, 2026. IUSB 0.0%. NBTR −0.5%. Use the arrow keys to read each point.−2%−1%1%2%Oct 2025Apr 2026Oct 2026
Expense ratio
IUSB 0.06%, better
NBTR 0.94%
Fund size
IUSB $50.2B
NBTR $59M
1Y total return
IUSB 0.0%, better
NBTR −0.5%
Yield (12M)
IUSB 4.32%
NBTR 5.59%, better
Holdings
IUSB 18280
NBTR 503
Avg volume (30D)
IUSB 6.13M sh, better
NBTR 1.83K sh
NAV per share
IUSB $44.91
NBTR $48.11
52W range

ETF.net Grade

IUSB: Cost 92, Risk 54, Mission 100, Tradability 89, Holdings 76, Durability 94. NBTR: Cost 2, Risk 47, Mission 100, Tradability 14, Holdings 68, Durability 22.
Pillar letters and Scores for IUSB, NBTR, with each pillar’s weight
PillarIUSBNBTR
Cost30% weightA92HigherF2
Mission25% weightA100A100
Risk15% weightC54HigherC47
Tradability15% weightA89HigherF14
Holdings10% weightA76HigherB68
Durability5% weightA94HigherF22

Rank among US Aggregate Bond funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IUSB and NBTR are both graded against the same 114 US Aggregate Bond funds, so their Grades compare head to head.

US Aggregate Bond⁠

Category · 114 funds
See all 114 ›

IUSB ranks 2nd and NBTR 93rd of 114 funds in the US Aggregate Bond Category.

  1. Rank 1AAGGiShares Core U.S. Aggregate Bond ETFScore 87
  2. Rank 2AIUSBiShares Core Universal USD Bond ETFScore 86
  3. Rank 2ASCHZSchwab U.S. Aggregate Bond ETFScore 86
  4. Rank 93CLDSFFirst Trust Low Duration Strategic Focus ETFScore 42
  5. Rank 93CNBTRNeuberger Total Return Bond ETFScore 42
  6. Rank 98CCRXPColumbia Core Plus Bond ETFScore 41

Our read on each fund

ETF.net Research

IUSBAiShares Core Universal USD Bond ETF

NBTRCNeuberger Total Return Bond ETF

In short

IUSB Most core bond funds stop at investment grade. IUSB keeps going, folding high-yield USD debt into the same wrapper across roughly 18,000 bonds, for 0.06% a year.

NBTR No data

Stated mandate

IUSB The Fund seeks to track an index of U.S.-dollar-denominated bonds spanning investment-grade and high-yield sectors.

NBTR No data

Why people hold it

  • IUSB 0.06% a year, a fraction of what the typical broad bond fund in its category charges, and iShares has run it since 2014.
  • Roughly 18,000 bonds spanning investment-grade and high-yield sectors, so one ticker covers ground a plain Agg tracker leaves on the table.ishares.com
  • Tracks its index closely, trades heavily, and sits on a multi-billion-dollar asset base. Income is paid monthly.
  • Among the strongest implementations in a crowded field of nearly 200 core bond funds.

NBTR No data

Worth knowing

  • IUSB That high-yield sleeve is the trade-off: more credit risk than an investment-grade-only fund, and more movement when spreads widen.
  • BND, SPAB and SCHZ charge 0.03%, half IUSB's fee, but they stay inside investment grade.
  • Payouts land monthly, but the amount floats with the coupons underneath. Nothing about the income stream is fixed.

NBTR No data

Full IUSB profile⁠

Full NBTR profile⁠

IUSB vs NBTR Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IUSB vs NBTR Cost

Overpaying NBTR vs IUSB

$16,434

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

  • IUSB 0.06%

    $1,270

  • NBTR 0.94%

    $17,704

$10,000
30 years

Cost over time

  • IUSB 0.06%
  • NBTR 0.94%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530NBTR $17,704IUSB $1,270

Year by year

YearIUSBNBTROverpaying
10$110$1,661$1,551
20$432$6,260$5,828
30$1,270$17,704$16,434

Expense ratio

  • 0.06%IUSB, cheaper
  • 0.94%NBTR
  • Middle half of US Aggregate Bond funds
  • Median 0.34%

IUSB 10th cheapest of 114 funds

NBTR 112th cheapest of 114 funds

IUSB vs NBTR Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IUSB 4.32%
NBTR 5.59%, better
Payout (12M)
IUSB $1.94
NBTR $2.69
Last payment
IUSB $0.15
NBTR $0.21
Ex-dividend
IUSB Oct 1, 2026
NBTR Oct 27, 2026
Paid on
IUSB Oct 6, 2026
NBTR Oct 30, 2026
Frequency
IUSB Monthly
NBTR Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IUSBMonthly · 45 paymentsAll IUSB payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.12; Mar 1, 2023 $0.12; Apr 3, 2023 $0.12; May 1, 2023 $0.13; Jun 1, 2023 $0.14; Jul 3, 2023 $0.13; Aug 1, 2023 $0.14; Sep 1, 2023 $0.13; Oct 2, 2023 $0.13; Nov 1, 2023 $0.14; Dec 1, 2023 $0.14; Dec 14, 2023 $0.15; Feb 1, 2024 $0.13; Mar 1, 2024 $0.15; Apr 1, 2024 $0.15; May 1, 2024 $0.15; Jun 3, 2024 $0.15; Jul 1, 2024 $0.15; Aug 1, 2024 $0.16; Sep 3, 2024 $0.16; Oct 1, 2024 $0.15; Nov 1, 2024 $0.16; Dec 2, 2024 $0.16; Dec 18, 2024 $0.16; Feb 3, 2025 $0.15; Mar 3, 2025 $0.16; Apr 1, 2025 $0.16; May 1, 2025 $0.16; Jun 2, 2025 $0.17; Jul 1, 2025 $0.16; Aug 1, 2025 $0.17; Sep 2, 2025 $0.16; Oct 1, 2025 $0.17; Nov 3, 2025 $0.16; Dec 1, 2025 $0.16; Dec 19, 2025 $0.16; Feb 2, 2026 $0.17; Mar 2, 2026 $0.16; Apr 1, 2026 $0.16; May 1, 2026 $0.16; Jun 1, 2026 $0.15; Jul 1, 2026 $0.16; Aug 3, 2026 $0.17; Sep 1, 2026 $0.17; Oct 1, 2026 $0.15. Use the arrow keys to read each point.$0$0.5020232026YTD
NBTRMonthly · 22 paymentsAll NBTR payments⁠
One bar per payment. 22 payments from 2023 to 2026 YTD. Jan 28, 2025 $0.30; Feb 25, 2025 $0.19; Mar 26, 2025 $0.23; Apr 25, 2025 $0.21; May 27, 2025 $0.22; Jun 25, 2025 $0.21; Jul 28, 2025 $0.22; Aug 26, 2025 $0.22; Sep 25, 2025 $0.21; Oct 28, 2025 $0.22; Nov 24, 2025 $0.21; Dec 18, 2025 $0.48; Jan 27, 2026 $0.22; Feb 24, 2026 $0.19; Mar 26, 2026 $0.21; Apr 27, 2026 $0.19; May 26, 2026 $0.20; Jun 25, 2026 $0.19; Jul 28, 2026 $0.20; Aug 26, 2026 $0.20; Sep 25, 2026 $0.19; Oct 27, 2026 $0.21. Use the arrow keys to read each point.$0$0.5020232026YTD

IUSB vs NBTR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IUSB 5.5%NBTR 4.0%since Jan 2025
Return per unit of riskSharpe ratio, 3 years
IUSB 0.25NBTR −0.07since Jan 2025
Worst fallMax drawdown, 5 years
IUSB −17.4%NBTR −4.5%since Dec 2024
Market sensitivityBeta, 5 years
IUSB 0.96NBTR 0.07

IUSB and NBTR in the news

All news⁠

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