iShares Convertible Bond ETF (ICVT)
ICVT is a passive ETF by iShares tracking the investment results of the Barclays U.S. Convertible Cash Pay Bond > $250MM Index. ICVT launched on Jun 2, 2015 and has a 0.20% expense ratio.
ETF Info
US46435G1022
46435G102
Jun 2, 2015
North America (U.S.)
1x
Barclays U.S. Convertible Cash Pay Bond > $250MM Index
Expense Ratio
ICVT has an expense ratio of 0.20%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
iShares Convertible Bond ETF (ICVT) returned 3.65% year-to-date (YTD) and 12.80% over the past 12 months.
ICVT
3.65%
7.15%
2.58%
12.80%
8.80%
N/A
^GSPC (Benchmark)
0.60%
9.64%
-0.54%
11.47%
15.67%
10.79%
Monthly Returns
The table below presents the monthly returns of ICVT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.22% | -1.47% | -2.93% | 1.55% | 3.38% | 3.65% | |||||||
| 2024 | -1.37% | 1.01% | 2.29% | -3.33% | 1.81% | 0.63% | 2.33% | 1.42% | 3.12% | 0.53% | 6.52% | -4.37% | 10.61% |
| 2023 | 6.10% | -0.89% | -0.31% | -1.63% | 1.54% | 5.57% | 3.03% | -3.33% | -2.08% | -4.33% | 5.11% | 6.40% | 15.35% |
| 2022 | -7.23% | 0.47% | 0.39% | -7.41% | -4.35% | -5.75% | 4.70% | 1.29% | -5.84% | 2.59% | 1.83% | -2.62% | -20.66% |
| 2021 | 3.40% | 4.12% | -5.40% | 2.51% | -2.20% | 3.74% | -1.88% | 1.97% | -2.08% | 2.75% | -5.08% | -7.79% | -6.65% |
| 2020 | 2.73% | -1.84% | -13.81% | 12.93% | 7.26% | 8.17% | 7.40% | 10.24% | -3.63% | 0.32% | 14.45% | 4.72% | 56.22% |
| 2019 | 6.70% | 4.10% | -0.37% | 2.95% | -4.44% | 4.81% | 2.02% | -2.49% | -1.44% | 1.94% | 3.74% | 2.90% | 21.76% |
| 2018 | 3.61% | -1.12% | 0.05% | -0.29% | 3.73% | -0.45% | 0.38% | 3.82% | -0.11% | -6.71% | 1.41% | -4.06% | -0.27% |
| 2017 | 3.52% | 1.75% | 0.79% | 1.17% | 1.69% | -0.09% | 2.54% | 0.20% | 1.90% | 1.44% | 0.25% | 0.16% | 16.38% |
| 2016 | -10.15% | 3.08% | 4.49% | 0.41% | 3.09% | -2.44% | 7.62% | 0.11% | 0.51% | 0.15% | 3.19% | 0.33% | 9.74% |
| 2015 | -2.12% | -1.38% | -3.73% | -2.49% | 5.17% | -0.89% | -0.51% | -6.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 81, ICVT is among the top 19% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Convertible Bond ETF (ICVT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
iShares Convertible Bond ETF provided a 2.19% dividend yield over the last twelve months, with an annual payout of $1.92 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.92 | $1.86 | $1.45 | $1.34 | $1.02 | $1.09 | $1.16 | $2.53 | $1.41 | $1.49 | $0.72 |
Dividend yield | 2.19% | 2.19% | 1.85% | 1.93% | 1.14% | 1.13% | 1.86% | 4.82% | 2.56% | 3.06% | 1.57% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Convertible 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.14 | $0.15 | $0.15 | $0.15 | $0.59 | |||||||
| 2024 | $0.00 | $0.12 | $0.13 | $0.13 | $0.14 | $0.15 | $0.16 | $0.15 | $0.15 | $0.15 | $0.14 | $0.43 | $1.86 |
| 2023 | $0.00 | $0.14 | $0.06 | $0.07 | $0.06 | $0.08 | $0.08 | $0.09 | $0.10 | $0.12 | $0.12 | $0.53 | $1.45 |
| 2022 | $0.00 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.11 | $0.14 | $0.11 | $0.11 | $0.12 | $0.40 | $1.34 |
| 2021 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.42 | $1.02 |
| 2020 | $0.00 | $0.09 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.37 | $1.09 |
| 2019 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.08 | $0.07 | $0.08 | $0.08 | $0.08 | $0.38 | $1.16 |
| 2018 | $0.00 | $0.08 | $0.10 | $0.11 | $0.09 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $1.71 | $2.53 |
| 2017 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.11 | $0.10 | $0.11 | $0.11 | $0.09 | $0.49 | $1.41 |
| 2016 | $0.00 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.15 | $0.22 | $0.24 | $0.19 | $0.08 | $0.30 | $1.49 |
| 2015 | $0.05 | $0.06 | $0.06 | $0.07 | $0.06 | $0.42 | $0.72 |
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 Convertible 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 Convertible Bond ETF was 37.27%, occurring on Jun 16, 2022. The portfolio has not yet recovered.
The current iShares Convertible Bond ETF drawdown is 14.14%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.27% | Feb 16, 2021 | 338 | Jun 16, 2022 | — | — | — |
| -32.18% | Feb 20, 2020 | 23 | Mar 23, 2020 | 52 | Jun 5, 2020 | 75 |
| -18.52% | Jun 24, 2015 | 87 | Feb 8, 2016 | 125 | Oct 10, 2016 | 212 |
| -13.81% | Aug 30, 2018 | 80 | Dec 24, 2018 | 41 | Feb 25, 2019 | 121 |
| -8.63% | Sep 2, 2020 | 4 | Sep 8, 2020 | 23 | Oct 9, 2020 | 27 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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