- CUSIP
- 46438G224
- Issuer
- iShares
- Inception Date
- Mar 25, 2026
- Region
- North America (United States)
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- Bloomberg 2033 Term High Yield and Income Index
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
IBHM Performance Chart
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Returns By Period
iShares iBonds 2033 Term High Yield and Income ETF
- 1D
- -0.14%
- 1M
- 0.39%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.42%
- 1M
- 2.45%
- 6M
- 8.74%
- YTD
- 10.66%
- 1Y
- 21.02%
- 3Y*
- 19.50%
- 5Y*
- 11.63%
- 10Y*
- 13.41%
IBHM Monthly Returns History
Based on dividend-adjusted daily data since Mar 26, 2026, IBHM's average daily return is +0.04%, while the average monthly return is +0.56%. At this rate, an investment would double in approximately 10.3 years.
Historically, 100% of months were positive and 0% were negative. The best month was Apr 2026 with a return of +1.9%, while the worst month was Jul 2026 at 0.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 0 months.
On a daily basis, IBHM closed higher 53% of trading days. The best single day was Mar 31, 2026 with a return of +1.0%, while the worst single day was May 15, 2026 at -0.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.29% | 1.85% | 0.31% | 0.31% | 0.05% | 2.84% |
Benchmark Metrics
iShares iBonds 2033 Term High Yield and Income ETF has an annualized alpha of -3.64%, beta of 0.27, and R2 of 0.67 versus S&P 500 Index. Calculated based on daily prices since March 26, 2026.
- This ETF captured 10.30% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -31.83%) - a profile typical of hedging or uncorrelated assets.
- This ETF had an annualized alpha of -3.64% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Beta of 0.27 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- -3.64%
- Beta
- 0.27
- R²
- 0.67
- Upside Capture
- 10.30%
- Downside Capture
- -31.83%
Expense Ratio
IBHM has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares iBonds 2033 Term High Yield and Income ETF (IBHM) 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.
| IBHM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.28 | — |
| Martin ratioReturn relative to average drawdown | — | 9.88 | — |
Dividends
Dividend History
iShares iBonds 2033 Term High Yield and Income ETF provided a 1.57% dividend yield over the last twelve months, with an annual payout of $0.40 per share.
| Period | TTM |
|---|---|
| Dividend | $0.40 |
Dividend yield | 1.57% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares iBonds 2033 Term High Yield and Income 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 | $0.15 | $0.12 | $0.12 | $0.40 |
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 iBonds 2033 Term High Yield and Income 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 iBonds 2033 Term High Yield and Income ETF was 1.67%, occurring on May 19, 2026. Recovery took 18 trading sessions.
The current iShares iBonds 2033 Term High Yield and Income ETF drawdown is 0.22%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -1.67%May 2026 | 29d | 27d | 1mo 26dApr 2026 - Jun 2026 |
2026 pullback2026 | -0.86%Mar 2026 | 1d | 4d | 5dMar 2026 - Mar 2026 |
2026 pullback2026 | -0.48%Apr 2026 | 0s | 4d | 4dApr 2026 - Apr 2026 |
2026 pullback2026 | -0.30%Jun 2026 | 1d | 14d | 15dJun 2026 - Jul 2026 |
2026 pullback2026 | -0.24%Jul 2026 | 1d | — | 6d 59mJul 2026 - now |
Drawdown Indicators
| IBHM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.67% | -56.78% | +55.11% |
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 | -0.22% | -0.45% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -0.38% | -10.71% | +10.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.09% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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