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iShares iBonds 2023 Term High Yield & Income ETF (IBHC)

ETF · Currency in USD · Last updated May 21, 2022

IBHC is a passive ETF by iShares tracking the investment results of the Bloomberg 2023 Term High Yield and Income Index. IBHC launched on May 7, 2019 and has a 0.35% expense ratio.

ETF Info

  • ISINUS46435U1503
  • CUSIP46435U150
  • IssueriShares
  • Inception DateMay 7, 2019
  • RegionNorth America (U.S.)
  • CategoryHigh Yield Bonds
  • Expense Ratio0.35%
  • Index TrackedBloomberg 2023 Term High Yield and Income Index
  • Asset ClassBond

Trading Data

  • Previous Close$23.60
  • Year Range$23.51 - $24.27
  • EMA (50)$23.67
  • EMA (200)$23.85
  • Average Volume$45.31K

IBHCShare Price Chart


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IBHCPerformance

The chart shows the growth of $10,000 invested in iShares iBonds 2023 Term High Yield & Income ETF on May 10, 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,931 for a total return of roughly 9.31%. All prices are adjusted for splits and dividends.


IBHC (iShares iBonds 2023 Term High Yield & Income ETF)
Benchmark (^GSPC)

IBHCReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-0.31%-12.57%
YTD-2.42%-18.14%
6M-2.33%-17.07%
1Y-0.43%-5.21%
5Y2.97%10.63%
10Y2.97%10.63%

IBHCMonthly Returns Heatmap


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IBHCSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current iShares iBonds 2023 Term High Yield & Income ETF Sharpe ratio is -0.27. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


IBHC (iShares iBonds 2023 Term High Yield & Income ETF)
Benchmark (^GSPC)

IBHCDividend History

iShares iBonds 2023 Term High Yield & Income ETF granted a 3.61% dividend yield in the last twelve months, as of May 21, 2022. The annual payout for that period amounted to $0.85 per share.


PeriodTTM202120202019
Dividend$0.85$1.04$1.34$0.92

Dividend yield

3.61%4.31%5.80%4.10%

IBHCDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


IBHC (iShares iBonds 2023 Term High Yield & Income ETF)
Benchmark (^GSPC)

IBHCWorst Drawdowns

The table below shows the maximum drawdowns of the iShares iBonds 2023 Term High Yield & Income ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the iShares iBonds 2023 Term High Yield & Income ETF is 20.23%, recorded on Mar 23, 2020. It took 166 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.23%Feb 21, 202022Mar 23, 2020166Nov 16, 2020188
-3.15%Nov 4, 202189Mar 14, 2022
-1.75%Jun 21, 201938Aug 14, 201919Sep 11, 201957
-1.35%May 22, 20197May 31, 20197Jun 11, 201914
-1.13%Sep 18, 201915Oct 8, 201912Oct 24, 201927
-1.06%Jan 16, 20207Jan 27, 202011Feb 11, 202018
-0.77%Jan 19, 20217Jan 27, 20218Feb 8, 202115
-0.7%May 13, 20191May 13, 20194May 17, 20195
-0.61%Oct 29, 201917Nov 20, 201910Dec 5, 201927
-0.61%Mar 18, 20211Mar 18, 20215Mar 25, 20216

IBHCVolatility Chart

Current iShares iBonds 2023 Term High Yield & Income ETF volatility is 2.17%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


IBHC (iShares iBonds 2023 Term High Yield & Income ETF)
Benchmark (^GSPC)

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