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ISIN
US46438G8776
CUSIP
46438G877
Issuer
iShares
Inception Date
Sep 19, 2023
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
ICE 2031 Maturity US Inflation-Linked Treasury Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Bond
Assets Under Management
$58M

Share Price Chart


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Performance

IBIH Performance Chart

iShares iBonds Oct 2031 Term TIPS ETF (IBIH) is up 0.7% since the beginning of the year. IBIH is currently trading at $26 per share.


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S&P 500 Index

Returns By Period

iShares iBonds Oct 2031 Term TIPS ETF (IBIH) has returned 0.73% so far this year and 3.80% over the past 12 months.


iShares iBonds Oct 2031 Term TIPS ETF

1D
-0.33%
1M
-0.33%
YTD
0.73%
6M
0.85%
1Y
3.80%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IBIH Monthly Returns History

Based on dividend-adjusted daily data since Sep 21, 2023, IBIH's average daily return is +0.02%, while the average monthly return is +0.45%. At this rate, an investment would double in approximately 12.9 years.

Historically, 65% of months were positive and 35% were negative. The best month was Dec 2023 with a return of +3.2%, while the worst month was Oct 2024 at -2.2%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.

On a daily basis, IBIH closed higher 52% of trading days. The best single day was Dec 13, 2023 with a return of +1.6%, while the worst single day was Feb 2, 2024 at -1.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.83%0.84%-0.87%1.16%-0.08%-1.12%0.73%
20251.51%2.24%0.96%0.49%-0.31%1.13%0.26%2.13%-0.25%0.12%0.42%-0.49%8.47%
20240.45%-1.51%0.84%-1.93%1.86%1.00%2.06%0.84%1.56%-2.17%0.37%-1.52%1.73%
2023-0.74%-0.90%3.07%3.18%4.60%

Benchmark Metrics

iShares iBonds Oct 2031 Term TIPS ETF has an annualized alpha of 4.95%, beta of 0.04, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since September 21, 2023.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (21.12%) than losses (21.04%) - typical of diversified or defensive assets.
  • Beta of 0.04 may look defensive, but with R2 of 0.01 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 0.01 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
4.95%
Beta
0.04
0.01
Upside Capture
21.12%
Downside Capture
21.04%

Expense Ratio

IBIH has an expense ratio of 0.10%, which is considered low.


Return for Risk

Risk / Return Rank

IBIH ranks 38 for risk / return — below 38% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


IBIH Risk / Return Rank: 3838
Overall Rank
IBIH Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
IBIH Sortino Ratio Rank: 3535
Sortino Ratio Rank
IBIH Omega Ratio Rank: 3232
Omega Ratio Rank
IBIH Calmar Ratio Rank: 4646
Calmar Ratio Rank
IBIH Martin Ratio Rank: 4444
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares iBonds Oct 2031 Term TIPS ETF (IBIH) 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.


IBIHBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.85

Sortino ratioReturn per unit of downside risk

-0.99

Omega ratioGain probability vs. loss probability

1.21

1.37

-0.15

Calmar ratioReturn relative to maximum drawdown

2.24

2.78

-0.54

Martin ratioReturn relative to average drawdown

7.02

12.44

-5.42

Dividends

Dividend History

iShares iBonds Oct 2031 Term TIPS ETF provided a 3.93% dividend yield over the last twelve months, with an annual payout of $1.03 per share. The fund has been increasing its distributions for 2 consecutive years.


1.00%2.00%3.00%4.00%5.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$1.03$1.22$1.09$0.18

Dividend yield

3.93%4.68%4.34%0.70%

Monthly Dividends

The table displays the monthly dividend distributions for iShares iBonds Oct 2031 Term TIPS ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.08$0.00$0.00$0.08
2025$0.00$0.00$0.00$0.27$0.00$0.00$0.36$0.00$0.00$0.28$0.00$0.31$1.22
2024$0.00$0.00$0.00$0.19$0.00$0.00$0.50$0.00$0.00$0.19$0.00$0.20$1.09
2023$0.18$0.18

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 Oct 2031 Term TIPS 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 Oct 2031 Term TIPS ETF was 3.94%, occurring on Dec 19, 2024. Recovery took 46 trading sessions.

The current iShares iBonds Oct 2031 Term TIPS ETF drawdown is 1.48%.


Related event

Drawdown

Fall

Recovery

Underwater

2024 pullback2024
-3.94%Dec 2024
2mo 25d2mo 11d
5mo 6dSep 2024 - Feb 2025
2025 selloff2025
-2.96%Apr 2025
7d2mo 15d
2mo 22dApr 2025 - Jun 2025
2024 pullback2024
-2.90%Apr 2024
2mo 14d1mo 20d
4mo 4dFeb 2024 - Jun 2024
2023 pullback2023
-2.67%Oct 2023
11d28d
1mo 9dSep 2023 - Nov 2023
2026 pullback2026
-1.70%Mar 2026
16d22d
1mo 8dMar 2026 - Apr 2026

Drawdown Indicators


IBIHBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-3.94%

-56.78%

+52.84%

Max Drawdown (1Y)

Largest decline over 1 year

-1.70%

-9.10%

+7.40%

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 Drawdown

Current decline from peak

-1.48%

-1.80%

+0.32%

Average Drawdown

Average peak-to-trough decline

-0.96%

-10.71%

+9.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.54%

2.03%

-1.49%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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