- CUSIP
- 092528603
- Issuer
- iShares
- Inception Date
- May 19, 2023
- Category
- Multisector Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $16B
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
BINC Performance Chart
iShares Flexible Income Active ETF (BINC) is up 1.4% since the beginning of the year. BINC is currently trading at $52 per share.
Loading charts...
Returns By Period
iShares Flexible Income Active ETF (BINC) has returned 1.38% so far this year and 5.98% over the past 12 months.
iShares Flexible Income Active ETF
- 1D
- 0.10%
- 1M
- 1.02%
- YTD
- 1.38%
- 6M
- 1.80%
- 1Y
- 5.98%
- 3Y*
- 7.07%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
BINC Monthly Returns History
Based on dividend-adjusted daily data since May 23, 2023, BINC's average daily return is +0.03%, while the average monthly return is +0.56%. At this rate, an investment would double in approximately 10.3 years.
Historically, 79% of months were positive and 21% were negative. The best month was Dec 2023 with a return of +3.0%, while the worst month was Mar 2026 at -2.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 2 months.
On a daily basis, BINC closed higher 58% of trading days. The best single day was Nov 14, 2023 with a return of +1.0%, while the worst single day was Apr 10, 2025 at -1.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.68% | 0.67% | -2.11% | 1.19% | 0.54% | 0.44% | 1.38% | ||||||
| 2025 | 0.92% | 1.06% | -0.41% | 0.17% | 0.79% | 1.29% | 0.26% | 1.18% | 0.64% | 0.45% | 0.61% | 0.37% | 7.57% |
| 2024 | 0.44% | -0.40% | 0.92% | -0.85% | 1.22% | 0.49% | 1.77% | 1.11% | 1.12% | -0.88% | 0.90% | -0.17% | 5.76% |
| 2023 | 0.04% | 0.71% | 1.06% | 0.13% | -0.61% | -0.10% | 2.70% | 3.04% | 7.12% |
Benchmark Metrics
iShares Flexible Income Active ETF has an annualized alpha of 5.11%, beta of 0.10, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since May 23, 2023.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (21.70%) than losses (8.04%) - typical of diversified or defensive assets.
- Beta of 0.10 may look defensive, but with R2 of 0.24 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.24 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.11%
- Beta
- 0.10
- R²
- 0.24
- Upside Capture
- 21.70%
- Downside Capture
- 8.04%
Expense Ratio
BINC has an expense ratio of 0.40%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BINC ranks 73 for risk / return — better than 73% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Flexible Income Active ETF (BINC) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BINC | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.36 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 2.71 | -0.47 |
| Martin ratioReturn relative to average drawdown | 8.72 | 12.15 | -3.43 |
Dividends
Dividend History
iShares Flexible Income Active ETF provided a 5.84% dividend yield over the last twelve months, with an annual payout of $3.06 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $3.06 | $3.09 | $3.19 | $1.64 |
Dividend yield | 5.84% | 5.86% | 6.14% | 3.13% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Flexible Income Active ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.22 | $0.21 | $0.23 | $0.22 | $0.24 | $1.13 | ||||||
| 2025 | $0.00 | $0.24 | $0.22 | $0.24 | $0.24 | $0.23 | $0.24 | $0.23 | $0.23 | $0.22 | $0.22 | $0.79 | $3.09 |
| 2024 | $0.00 | $0.07 | $0.24 | $0.20 | $0.24 | $0.25 | $0.25 | $0.26 | $0.25 | $0.36 | $0.24 | $0.82 | $3.19 |
| 2023 | $0.25 | $0.20 | $0.17 | $0.24 | $0.23 | $0.54 | $1.64 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Flexible Income Active ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Flexible Income Active ETF was 2.69%, occurring on Mar 27, 2026. The portfolio has not yet recovered.
The current iShares Flexible Income Active ETF drawdown is 0.01%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -2.69%Mar 2026 | 28d | — | 3mo 20dFeb 2026 - now |
2025 selloff2025 | -2.37%Apr 2025 | 1mo 7d | 1mo 5d | 2mo 12dMar 2025 - May 2025 |
2023 pullback2023 | -1.95%Oct 2023 | 1mo 4d | 15d | 1mo 19dSep 2023 - Nov 2023 |
2024 pullback2024 | -1.27%Feb 2024 | 11d | 24d | 1mo 5dFeb 2024 - Mar 2024 |
2024 pullback2024 | -1.25%Apr 2024 | 15d | 20d | 1mo 5dApr 2024 - May 2024 |
Drawdown Indicators
| BINC | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.69% | -56.78% | +54.09% |
Max Drawdown (1Y)Largest decline over 1 year | -2.69% | -9.10% | +6.41% |
Max Drawdown (3Y)Largest decline over 3 years | -2.69% | -18.90% | +16.21% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.01% | -1.29% | +1.28% |
Average DrawdownAverage peak-to-trough decline | -0.36% | -10.72% | +10.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 2.02% | -1.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with BINC
Add iShares Flexible Income Active ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with BINC