- CUSIP
- 46438G240
- Issuer
- iShares
- Inception Date
- Dec 10, 2025
- Category
- Total Bond Market
- Leveraged
- 1x (No leverage)
- Index Tracked
- Bloomberg US Total Fixed Income Market Index
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $25M
Share Price Chart
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Performance
BTOT Performance Chart
iShares Total USD Fixed Income Market ETF (BTOT) is up 0.6% since the beginning of the year. BTOT is currently trading at $49 per share.
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Returns By Period
iShares Total USD Fixed Income Market ETF
- 1D
- 0.08%
- 1M
- 0.03%
- YTD
- 0.61%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.25%
- YTD
- 11.16%
- 6M
- 11.43%
- 1Y
- 28.20%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
BTOT Monthly Returns History
Based on dividend-adjusted daily data since Dec 11, 2025, BTOT's average daily return is +0.01%, while the average monthly return is +0.13%. At this rate, an investment would double in approximately 44.5 years.
Historically, 86% of months were positive and 14% were negative. The best month was Feb 2026 with a return of +1.4%, while the worst month was Mar 2026 at -1.5%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 1 months.
On a daily basis, BTOT closed higher 50% of trading days. The best single day was May 20, 2026 with a return of +0.5%, while the worst single day was Mar 20, 2026 at -0.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.24% | 1.35% | -1.54% | 0.20% | 0.35% | 0.02% | 0.61% | ||||||
| 2025 | 0.31% | 0.31% |
Benchmark Metrics
iShares Total USD Fixed Income Market ETF has an annualized alpha of -0.95%, beta of 0.14, and R2 of 0.23 versus S&P 500 Index. Calculated based on daily prices since December 12, 2025.
- This ETF captured 3.81% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -1.66%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.14 may look defensive, but with R2 of 0.23 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 0.23 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
- -0.95%
- Beta
- 0.14
- R²
- 0.23
- Upside Capture
- 3.81%
- Downside Capture
- -1.66%
Expense Ratio
BTOT has an expense ratio of 0.09%, which is considered low.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Total USD Fixed Income Market ETF (BTOT) and compare them to S&P 500 Index.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Dividends
Dividend History
iShares Total USD Fixed Income Market ETF provided a 2.12% dividend yield over the last twelve months, with an annual payout of $1.05 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $1.05 | $0.11 |
Dividend yield | 2.12% | 0.22% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Total USD Fixed Income Market 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 | $0.18 | $0.17 | $0.19 | $0.19 | $0.21 | $0.94 | ||||||
| 2025 | $0.11 | $0.11 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Total USD Fixed Income Market 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 Total USD Fixed Income Market ETF was 2.36%, occurring on Mar 27, 2026. The portfolio has not yet recovered.
The current iShares Total USD Fixed Income Market ETF drawdown is 0.97%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -2.36%Mar 2026 | 25d | — | 3mo 3dMar 2026 - now |
2026 pullback2026 | -0.58%Jan 2026 | 5d | 16d | 21dJan 2026 - Feb 2026 |
2026 pullback2026 | -0.29%Jan 2026 | 3d | 7d | 10dDec 2025 - Jan 2026 |
2026 pullback2026 | -0.23%Feb 2026 | 0s | 1d | 1dFeb 2026 - Feb 2026 |
2026 pullback2026 | -0.18%Feb 2026 | 1d | 7d | 8dFeb 2026 - Feb 2026 |
Drawdown Indicators
| BTOT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.36% | -56.78% | +54.42% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
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 | -0.97% | 0.00% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -0.76% | -10.72% | +9.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.97% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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