iShares Ultra Short-Term Bond ETF (ICSH)
ICSH is an actively managed ETF by iShares. ICSH launched on Dec 11, 2013 and has a 0.08% expense ratio.
ETF Info
| ISIN | US46434V8789 |
|---|---|
| CUSIP | 46434V878 |
| Issuer | iShares |
| Inception Date | Dec 11, 2013 |
| Region | Developed Markets (Broad) |
| Category | Money Market, Actively Managed |
| Index Tracked | No Index (Active) |
| ETF Home Page | www.ishares.com |
| Asset Class | Bond |
Expense Ratio
The iShares Ultra Short-Term Bond ETF has an expense ratio of 0.08% which is considered to be low.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in iShares Ultra Short-Term 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.
Compare to other instruments
Return
iShares Ultra Short-Term Bond ETF had a return of 4.87% year-to-date (YTD) and 5.46% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.87% | 18.63% |
| 1 month | 0.62% | 10.63% |
| 6 months | 2.90% | 8.31% |
| 1 year | 5.46% | 14.91% |
| 5 years (annualized) | 2.19% | 10.75% |
| 10 years (annualized) | N/A | 9.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.50% | 0.33% | 0.35% | 0.50% | 0.51% | 0.41% | 0.44% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for iShares Ultra Short-Term Bond ETF (ICSH) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
ICSH iShares Ultra Short-Term Bond ETF | 10.04 | ||||
^GSPC S&P 500 | 0.92 |
Dividend History
iShares Ultra Short-Term Bond ETF granted a 4.46% dividend yield in the last twelve months. The annual payout for that period amounted to $2.25 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.25 | $0.83 | $0.21 | $0.61 | $1.31 | $1.10 | $0.68 | $0.44 | $0.27 | $0.23 |
Dividend yield | 4.46% | 1.66% | 0.42% | 1.21% | 2.61% | 2.20% | 1.36% | 0.88% | 0.54% | 0.46% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Ultra Short-Term 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.20 | $0.16 | $0.18 | $0.18 | $0.19 | $0.20 | $0.22 | $0.22 | $0.20 | ||
| 2022 | $0.00 | $0.02 | $0.02 | $0.02 | $0.03 | $0.04 | $0.05 | $0.06 | $0.09 | $0.10 | $0.12 | $0.28 |
| 2021 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2020 | $0.00 | $0.09 | $0.08 | $0.09 | $0.08 | $0.06 | $0.05 | $0.04 | $0.03 | $0.03 | $0.02 | $0.05 |
| 2019 | $0.00 | $0.11 | $0.12 | $0.13 | $0.12 | $0.12 | $0.12 | $0.11 | $0.11 | $0.10 | $0.10 | $0.17 |
| 2018 | $0.00 | $0.07 | $0.07 | $0.08 | $0.09 | $0.09 | $0.09 | $0.10 | $0.10 | $0.10 | $0.10 | $0.21 |
| 2017 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.11 |
| 2016 | $0.00 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.10 |
| 2015 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.07 |
| 2014 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.08 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Ultra Short-Term 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 Ultra Short-Term Bond ETF was 3.94%, occurring on Mar 23, 2020. Recovery took 36 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -3.94% | Mar 10, 2020 | 10 | Mar 23, 2020 | 36 | May 13, 2020 | 46 |
| -1.24% | Apr 9, 2014 | 1 | Apr 9, 2014 | 1 | Apr 10, 2014 | 2 |
| -0.73% | Sep 24, 2021 | 183 | Jun 15, 2022 | 101 | Nov 8, 2022 | 284 |
| -0.53% | Oct 30, 2015 | 23 | Jan 20, 2016 | 5 | Feb 12, 2016 | 28 |
| -0.4% | Jul 24, 2015 | 3 | Jul 28, 2015 | 8 | Aug 25, 2015 | 11 |
Volatility Chart
The current iShares Ultra Short-Term Bond ETF volatility is 0.14%, 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.
Alternatives
| Symbol | Inception | Expense Ratio | YTD Ret. | 10Y Ann. Ret. | Div. Yield | Max. Drawdown | Sharpe Ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JPST | May 17, 2017 | 0.18% | 4.3% | N/A | 4.6% | -3.3% | 7.9 | 15.7 | 3.5 | 17.8 | 0.0% |