iShares CMBS ETF (CMBS)
CMBS is a passive ETF by iShares tracking the investment results of the Barclays Capital U.S. CMBS (ERISA Only) Index. CMBS launched on Feb 14, 2012 and has a 0.25% expense ratio.
ETF Info
| ISIN | US46429B3666 |
|---|---|
| CUSIP | 46429B366 |
| Issuer | iShares |
| Inception Date | Feb 14, 2012 |
| Region | North America (U.S.) |
| Category | Mortgage Backed Securities |
| Leveraged | 1x |
| Index Tracked | Barclays Capital U.S. CMBS (ERISA Only) Index |
| Home Page | www.ishares.com |
| Asset Class | Bond |
Expense Ratio
CMBS has an expense ratio of 0.25%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CMBS vs. SPLB, CMBS vs. GBF, CMBS vs. SPAB, CMBS vs. VBTLX, CMBS vs. VOO, CMBS vs. FXNAX, CMBS vs. FZROX, CMBS vs. TLT, CMBS vs. BND, CMBS vs. SCHZ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares CMBS 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 CMBS ETF had a return of 3.75% year-to-date (YTD) and 8.86% in the last 12 months. Over the past 10 years, iShares CMBS ETF had an annualized return of 1.78%, while the S&P 500 had an annualized return of 11.39%, indicating that iShares CMBS ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.75% | 25.45% |
| 1 month | -1.49% | 2.91% |
| 6 months | 3.45% | 14.05% |
| 1 year | 8.86% | 35.64% |
| 5 years (annualized) | 0.50% | 14.13% |
| 10 years (annualized) | 1.78% | 11.39% |
Monthly Returns
The table below presents the monthly returns of CMBS, 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 | 0.49% | -0.23% | 0.92% | -2.09% | 1.60% | 1.03% | 2.01% | 0.77% | 2.22% | -2.47% | 3.75% | ||
| 2023 | 2.92% | -2.14% | 0.34% | 1.83% | -1.13% | -0.64% | 0.12% | -0.04% | -1.12% | -1.09% | 2.96% | 3.12% | 5.06% |
| 2022 | -1.30% | -1.64% | -2.81% | -1.89% | -0.05% | -0.98% | 2.21% | -3.10% | -3.17% | -1.68% | 2.82% | -0.03% | -11.21% |
| 2021 | 0.22% | -1.81% | -0.70% | 0.77% | 0.60% | 0.16% | 0.78% | 0.12% | -0.96% | -0.50% | 0.15% | -0.62% | -1.81% |
| 2020 | 2.73% | 0.64% | -1.18% | 0.25% | 1.02% | 1.67% | 1.12% | -0.18% | 0.76% | -0.67% | 0.55% | 0.94% | 7.86% |
| 2019 | 0.58% | 0.46% | 2.18% | 0.00% | 2.08% | 1.04% | 0.25% | 2.06% | -0.56% | -0.21% | 0.17% | -0.35% | 7.93% |
| 2018 | -0.98% | -0.48% | 0.10% | -0.83% | 1.17% | -0.18% | -0.20% | 0.85% | -0.56% | -0.53% | 0.68% | 1.77% | 0.77% |
| 2017 | 0.14% | 0.55% | 0.04% | 0.61% | 0.80% | -0.46% | 0.80% | 1.17% | -1.04% | 0.23% | -0.26% | 0.35% | 2.95% |
| 2016 | 1.34% | 1.22% | 0.50% | 0.46% | 0.52% | 1.82% | 0.69% | -0.27% | -0.05% | -1.31% | -2.02% | 0.21% | 3.08% |
| 2015 | 2.52% | -0.76% | 0.52% | -0.09% | -0.20% | -0.70% | 0.81% | -0.63% | 1.19% | -0.81% | 0.23% | -0.80% | 1.23% |
| 2014 | 0.51% | 0.64% | -0.62% | 0.46% | 1.00% | 0.23% | 0.15% | 0.17% | -0.54% | 0.54% | 0.96% | -1.06% | 2.44% |
| 2013 | 0.20% | -0.23% | 0.33% | 1.32% | -0.62% | -1.18% | -0.50% | 0.39% | 1.39% | 0.01% | -0.02% | -0.45% | 0.62% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CMBS is 47, 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 CMBS ETF (CMBS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares CMBS ETF provided a 3.23% dividend yield over the last twelve months, with an annual payout of $1.53 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.53 | $1.39 | $1.22 | $1.31 | $1.57 | $1.45 | $1.36 | $1.28 | $1.17 | $1.17 | $1.10 | $1.02 |
Dividend yield | 3.23% | 2.97% | 2.65% | 2.46% | 2.83% | 2.74% | 2.70% | 2.50% | 2.30% | 2.31% | 2.15% | 2.00% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares CMBS 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 | $0.12 | $0.13 | $0.13 | $0.13 | $0.12 | $0.13 | $0.13 | $0.13 | $0.14 | $0.14 | $1.28 | |
| 2023 | $0.00 | $0.10 | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 | $0.11 | $0.11 | $0.12 | $0.13 | $0.24 | $1.39 |
| 2022 | $0.00 | $0.10 | $0.10 | $0.10 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.11 | $0.22 | $1.22 |
| 2021 | $0.00 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.09 | $0.10 | $0.10 | $0.10 | $0.10 | $0.31 | $1.31 |
| 2020 | $0.00 | $0.12 | $0.12 | $0.12 | $0.12 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.42 | $1.57 |
| 2019 | $0.00 | $0.12 | $0.12 | $0.12 | $0.12 | $0.13 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.24 | $1.45 |
| 2018 | $0.00 | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $0.11 | $0.12 | $0.12 | $0.12 | $0.22 | $1.36 |
| 2017 | $0.00 | $0.10 | $0.10 | $0.11 | $0.11 | $0.10 | $0.11 | $0.11 | $0.11 | $0.11 | $0.12 | $0.22 | $1.28 |
| 2016 | $0.00 | $0.11 | $0.10 | $0.09 | $0.10 | $0.11 | $0.10 | $0.11 | $0.10 | $0.10 | $0.11 | $0.18 | $1.17 |
| 2015 | $0.00 | $0.09 | $0.10 | $0.10 | $0.09 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $0.11 | $0.19 | $1.17 |
| 2014 | $0.00 | $0.10 | $0.10 | $0.09 | $0.09 | $0.09 | $0.10 | $0.09 | $0.08 | $0.08 | $0.08 | $0.20 | $1.10 |
| 2013 | $0.10 | $0.09 | $0.09 | $0.10 | $0.09 | $0.09 | $0.09 | $0.08 | $0.09 | $0.09 | $0.12 | $1.02 |
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 CMBS 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 CMBS ETF was 15.87%, occurring on Nov 3, 2022. The portfolio has not yet recovered.
The current iShares CMBS ETF drawdown is 5.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.87% | Jul 21, 2021 | 327 | Nov 3, 2022 | — | — | — |
| -9.89% | Mar 10, 2020 | 12 | Mar 25, 2020 | 88 | Jul 30, 2020 | 100 |
| -4.94% | Sep 8, 2016 | 69 | Dec 14, 2016 | 181 | Sep 5, 2017 | 250 |
| -3.82% | Sep 8, 2017 | 174 | May 17, 2018 | 158 | Jan 3, 2019 | 332 |
| -3.33% | May 22, 2013 | 62 | Aug 19, 2013 | 163 | Apr 14, 2014 | 225 |
Volatility
Volatility Chart
The current iShares CMBS ETF volatility is 1.55%, 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.