iShares Yield Optimized Bond ETF (BYLD)
BYLD is a passive ETF by iShares tracking the investment results of the Morningstar U.S. Bond Market Yield-Optimized Index. BYLD launched on Apr 22, 2014 and has a 0.20% expense ratio.
ETF Info
US46434V7872
46434V787
Apr 22, 2014
Developed Markets (Broad)
1x
Morningstar U.S. Bond Market Yield-Optimized Index
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Yield Optimized Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Yield Optimized Bond ETF had a return of 4.45% year-to-date (YTD) and 8.85% in the last 12 months. Over the past 10 years, iShares Yield Optimized Bond ETF had an annualized return of 2.49%, while the S&P 500 had an annualized return of 11.18%, indicating that iShares Yield Optimized Bond ETF did not perform as well as the benchmark.
BYLD
4.45%
0.14%
4.11%
8.85%
1.13%
2.49%
^GSPC (Benchmark)
25.15%
2.74%
12.53%
30.93%
13.79%
11.18%
Monthly Returns
The table below presents the monthly returns of BYLD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.14% | -0.46% | 1.08% | -1.70% | 1.79% | 0.43% | 1.70% | 1.43% | 1.56% | -1.53% | 4.45% | ||
| 2023 | 2.17% | -1.41% | 2.00% | 0.50% | -0.57% | 0.70% | 0.68% | -0.28% | -1.81% | -1.01% | 4.34% | 3.26% | 8.71% |
| 2022 | -2.00% | -1.31% | -2.20% | -3.67% | 1.18% | -3.01% | 3.36% | -2.87% | -3.07% | 0.40% | 2.95% | -0.32% | -10.33% |
| 2021 | -0.89% | -1.51% | -0.83% | 1.06% | 0.26% | 0.67% | 0.82% | -0.08% | -0.81% | -0.18% | -0.17% | 0.43% | -1.25% |
| 2020 | 1.39% | 0.45% | -5.10% | 2.69% | 1.53% | 0.51% | 1.83% | -0.26% | -0.47% | -0.14% | 1.51% | 0.45% | 4.26% |
| 2019 | 2.89% | 0.45% | 1.96% | 0.32% | 0.66% | 2.33% | 0.43% | 2.06% | -0.35% | 0.42% | 0.23% | 0.78% | 12.80% |
| 2018 | -0.71% | -1.14% | 0.21% | -0.50% | 0.23% | -0.07% | 0.70% | 0.25% | 0.22% | -1.40% | -0.09% | 0.84% | -1.50% |
| 2017 | 0.49% | 0.79% | 0.03% | 0.81% | 0.80% | 0.19% | 0.46% | 0.79% | -0.12% | 0.11% | -0.20% | 0.49% | 4.75% |
| 2016 | 0.67% | 0.92% | 1.67% | 1.40% | -0.29% | 1.63% | 0.30% | 0.56% | 0.40% | -0.67% | -1.18% | 0.39% | 5.91% |
| 2015 | 1.18% | 0.19% | -0.26% | -0.16% | 0.04% | -1.13% | 0.61% | -0.51% | -0.34% | 0.70% | -0.63% | -1.09% | -1.42% |
| 2014 | 0.20% | 1.12% | 0.12% | -0.78% | 1.55% | -0.88% | 1.06% | 0.32% | -0.19% | 2.52% |
Expense Ratio
BYLD has an expense ratio of 0.20%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BYLD is 57, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Yield Optimized Bond ETF (BYLD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Yield Optimized Bond ETF provided a 5.15% dividend yield over the last twelve months, with an annual payout of $1.15 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.15 | $1.08 | $0.74 | $0.55 | $0.88 | $0.94 | $1.00 | $0.81 | $0.77 | $0.81 | $0.53 |
Dividend yield | 5.15% | 4.81% | 3.39% | 2.18% | 3.41% | 3.68% | 4.22% | 3.22% | 3.14% | 3.36% | 2.12% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Yield Optimized Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.09 | $0.09 | $0.09 | $0.09 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.97 | |
| 2023 | $0.00 | $0.07 | $0.16 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.08 | $0.18 | $1.08 |
| 2022 | $0.00 | $0.06 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.14 | $0.74 |
| 2021 | $0.00 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.07 | $0.55 |
| 2020 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.06 | $0.06 | $0.06 | $0.05 | $0.06 | $0.06 | $0.23 | $0.88 |
| 2019 | $0.00 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.14 | $0.94 |
| 2018 | $0.00 | $0.07 | $0.07 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.21 | $1.00 |
| 2017 | $0.00 | $0.06 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.12 | $0.81 |
| 2016 | $0.00 | $0.05 | $0.07 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.16 | $0.77 |
| 2015 | $0.00 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.19 | $0.81 |
| 2014 | $0.09 | $0.05 | $0.06 | $0.06 | $0.06 | $0.05 | $0.17 | $0.53 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Yield Optimized Bond 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 Yield Optimized Bond ETF was 14.75%, occurring on Oct 20, 2022. Recovery took 458 trading sessions.
The current iShares Yield Optimized Bond ETF drawdown is 1.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.75% | Jan 4, 2021 | 454 | Oct 20, 2022 | 458 | Aug 19, 2024 | 912 |
| -14.37% | Mar 5, 2020 | 11 | Mar 19, 2020 | 90 | Jul 28, 2020 | 101 |
| -3.84% | Apr 17, 2015 | 157 | Jan 20, 2016 | 41 | Apr 6, 2016 | 198 |
| -2.93% | Jan 8, 2018 | 91 | May 17, 2018 | 171 | Jan 23, 2019 | 262 |
| -2.64% | Sep 8, 2016 | 59 | Dec 1, 2016 | 85 | Apr 5, 2017 | 144 |
Volatility
Volatility Chart
The current iShares Yield Optimized Bond ETF volatility is 1.14%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.