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iShares Ultra Short-Term Bond ETF (ICSH)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS46434V8789
CUSIP46434V878
IssueriShares
Inception DateDec 11, 2013
RegionDeveloped Markets (Broad)
CategoryMoney Market, Actively Managed
Index TrackedNo Index (Active)
Home Pagewww.ishares.com
Asset ClassBond

Expense Ratio

ICSH has an expense ratio of 0.08%, which is considered low compared to other funds.


Expense ratio chart for ICSH: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

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.


iShares Ultra Short-Term Bond ETF

Popular comparisons: ICSH vs. JPST, ICSH vs. SGOV, ICSH vs. IUSB, ICSH vs. JAGG, ICSH vs. IBHD, ICSH vs. BIL, ICSH vs. PULS, ICSH vs. SHV, ICSH vs. FLDR, ICSH vs. STIP

Performance

Performance Chart

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.


0.00%50.00%100.00%150.00%200.00%FebruaryMarchAprilMayJuneJuly
21.81%
219.22%
ICSH (iShares Ultra Short-Term Bond ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

iShares Ultra Short-Term Bond ETF had a return of 3.01% year-to-date (YTD) and 5.98% in the last 12 months. Over the past 10 years, iShares Ultra Short-Term Bond ETF had an annualized return of 2.24%, while the S&P 500 had an annualized return of 10.97%, indicating that iShares Ultra Short-Term Bond ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date3.01%17.16%
1 month0.56%2.10%
6 months2.75%17.92%
1 year5.98%22.68%
5 years (annualized)2.49%13.47%
10 years (annualized)2.24%10.97%

Monthly Returns

The table below presents the monthly returns of ICSH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.47%0.35%0.47%0.34%0.54%0.41%3.01%
20230.50%0.22%0.42%0.50%0.33%0.35%0.50%0.51%0.41%0.44%0.61%0.65%5.58%
2022-0.06%-0.11%-0.25%-0.07%0.16%-0.11%0.17%0.19%-0.02%0.12%0.46%0.48%0.97%
20210.02%0.03%0.04%0.06%0.02%0.03%0.01%-0.01%0.06%-0.06%-0.01%-0.04%0.16%
20200.26%0.19%-0.87%1.00%0.48%0.20%0.15%0.08%0.02%-0.01%0.07%0.04%1.61%
20190.36%0.26%0.29%0.29%0.32%0.31%0.19%0.32%0.17%0.28%0.12%0.23%3.17%
20180.15%0.04%0.19%0.10%0.26%0.25%0.19%0.29%0.16%0.20%0.12%0.28%2.25%
20170.28%0.12%0.15%0.03%0.19%0.09%0.18%0.13%0.07%0.14%0.07%0.17%1.63%
20160.05%0.21%0.29%0.08%0.11%0.16%-0.09%0.29%0.02%0.03%-0.01%0.15%1.30%
20150.12%0.18%-0.10%0.20%0.04%-0.16%-0.12%0.26%0.00%0.18%-0.14%-0.25%0.21%
20140.12%0.14%0.01%0.03%-0.03%-0.11%-0.01%0.07%0.01%0.03%-0.10%-0.01%0.14%
20130.02%0.02%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of ICSH is 100, placing it in the top 0% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of ICSH is 100100
ICSH (iShares Ultra Short-Term Bond ETF)
The Sharpe Ratio Rank of ICSH is 100100Sharpe Ratio Rank
The Sortino Ratio Rank of ICSH is 100100Sortino Ratio Rank
The Omega Ratio Rank of ICSH is 100100Omega Ratio Rank
The Calmar Ratio Rank of ICSH is 100100Calmar Ratio Rank
The Martin Ratio Rank of ICSH is 100100Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iShares Ultra Short-Term Bond ETF (ICSH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ICSH
Sharpe ratio
The chart of Sharpe ratio for ICSH, currently valued at 13.96, compared to the broader market0.002.004.006.0013.96
Sortino ratio
The chart of Sortino ratio for ICSH, currently valued at 38.87, compared to the broader market0.005.0010.0038.87
Omega ratio
The chart of Omega ratio for ICSH, currently valued at 8.72, compared to the broader market1.002.003.008.72
Calmar ratio
The chart of Calmar ratio for ICSH, currently valued at 86.72, compared to the broader market0.005.0010.0015.0020.0086.72
Martin ratio
The chart of Martin ratio for ICSH, currently valued at 595.06, compared to the broader market0.0050.00100.00150.00595.06
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.10, compared to the broader market0.002.004.006.002.10
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.94, compared to the broader market0.005.0010.002.94
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.37, compared to the broader market1.002.003.001.37
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.66, compared to the broader market0.005.0010.0015.0020.001.66
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.83, compared to the broader market0.0050.00100.00150.007.83

Sharpe Ratio

The current iShares Ultra Short-Term Bond ETF Sharpe ratio is 13.96. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of iShares Ultra Short-Term Bond ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.0012.0014.00FebruaryMarchAprilMayJuneJuly
13.96
2.31
ICSH (iShares Ultra Short-Term Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

iShares Ultra Short-Term Bond ETF granted a 5.24% dividend yield in the last twelve months. The annual payout for that period amounted to $2.65 per share.


PeriodTTM2023202220212020201920182017201620152014
Dividend$2.65$2.41$0.83$0.21$0.61$1.31$1.10$0.68$0.44$0.27$0.23

Dividend yield

5.24%4.78%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.23$0.22$0.23$0.22$0.23$0.22$1.34
2023$0.00$0.20$0.16$0.18$0.18$0.19$0.20$0.22$0.22$0.20$0.23$0.44$2.41
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$0.83
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$0.21
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$0.61
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$1.31
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$1.10
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$0.68
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$0.44
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$0.27
2014$0.02$0.01$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.02$0.08$0.23

Drawdowns

Drawdowns Chart

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


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%FebruaryMarchAprilMayJuneJuly00
ICSH (iShares Ultra Short-Term Bond ETF)
Benchmark (^GSPC)

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, 202010Mar 23, 202036May 13, 202046
-1.24%Apr 9, 20141Apr 9, 20141Apr 10, 20142
-0.73%Sep 24, 2021183Jun 15, 2022101Nov 8, 2022284
-0.53%Oct 30, 201523Jan 20, 20165Feb 12, 201628
-0.4%Jul 24, 20153Jul 28, 20158Aug 25, 201511

Volatility

Volatility Chart

The current iShares Ultra Short-Term Bond ETF volatility is 0.13%, 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.


0.00%1.00%2.00%3.00%4.00%FebruaryMarchAprilMayJuneJuly
0.13%
2.04%
ICSH (iShares Ultra Short-Term Bond ETF)
Benchmark (^GSPC)