iShares Short-Term Corporate Bond ETF (IGSB)
IGSB is a passive ETF by iShares tracking the investment results of the ICE BofAML 1-5 Year US Corporate Index. IGSB launched on Jan 11, 2007 and has a 0.06% expense ratio.
ETF Info
| ISIN | US4642886463 |
|---|---|
| CUSIP | 464288646 |
| Issuer | iShares |
| Inception Date | Jan 11, 2007 |
| Region | Developed Markets (Broad) |
| Category | Corporate Bonds |
| Index Tracked | ICE BofAML 1-5 Year US Corporate Index |
| Home Page | www.ishares.com |
| Asset Class | Bond |
Expense Ratio
IGSB has an expense ratio of 0.06% which is considered to be low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Short-Term Corporate 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.
Returns By Period
iShares Short-Term Corporate Bond ETF had a return of -0.01% year-to-date (YTD) and 4.14% in the last 12 months. Over the past 10 years, iShares Short-Term Corporate Bond ETF had an annualized return of 1.73%, while the S&P 500 had an annualized return of 10.37%, indicating that iShares Short-Term Corporate Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.01% | 5.57% |
| 1 month | -0.63% | -4.16% |
| 6 months | 4.18% | 20.07% |
| 1 year | 4.14% | 20.82% |
| 5 years (annualized) | 1.83% | 11.56% |
| 10 years (annualized) | 1.73% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.40% | -0.50% | 0.73% | |||||||||
| 2023 | -0.03% | 2.31% | 1.84% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IGSB is 63, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
iShares Short-Term Corporate Bond ETF(IGSB)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Short-Term Corporate Bond ETF (IGSB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Short-Term Corporate Bond ETF granted a 3.25% dividend yield in the last twelve months. The annual payout for that period amounted to $1.65 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.65 | $1.67 | $1.02 | $0.98 | $1.30 | $1.64 | $1.27 | $0.86 | $0.76 | $0.62 | $0.49 | $0.62 |
Dividend yield | 3.25% | 3.26% | 2.06% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% | 0.94% | 1.17% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Short-Term Corporate 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.15 | $0.16 | |||||||||
| 2023 | $0.00 | $0.11 | $0.12 | $0.13 | $0.13 | $0.13 | $0.14 | $0.14 | $0.15 | $0.14 | $0.15 | $0.31 |
| 2022 | $0.00 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.08 | $0.09 | $0.09 | $0.10 | $0.23 |
| 2021 | $0.00 | $0.10 | $0.09 | $0.08 | $0.08 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.23 |
| 2020 | $0.00 | $0.13 | $0.13 | $0.13 | $0.12 | $0.10 | $0.11 | $0.09 | $0.09 | $0.10 | $0.11 | $0.20 |
| 2019 | $0.00 | $0.13 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.13 | $0.13 | $0.13 | $0.14 | $0.27 |
| 2018 | $0.00 | $0.08 | $0.08 | $0.08 | $0.09 | $0.09 | $0.10 | $0.11 | $0.12 | $0.13 | $0.14 | $0.27 |
| 2017 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.07 | $0.15 |
| 2016 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.13 |
| 2015 | $0.00 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.05 | $0.12 |
| 2014 | $0.00 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.09 |
| 2013 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.09 |
Drawdowns
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 Short-Term Corporate 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 Short-Term Corporate Bond ETF was 13.38%, occurring on Mar 19, 2020. Recovery took 48 trading sessions.
The current iShares Short-Term Corporate Bond ETF drawdown is 0.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.38% | Mar 6, 2020 | 10 | Mar 19, 2020 | 48 | May 28, 2020 | 58 |
| -11.47% | Sep 22, 2008 | 15 | Oct 10, 2008 | 59 | Jan 6, 2009 | 74 |
| -9.46% | Aug 4, 2021 | 307 | Oct 20, 2022 | 359 | Mar 27, 2024 | 666 |
| -5.07% | Sep 11, 2008 | 6 | Sep 18, 2008 | 1 | Sep 19, 2008 | 7 |
| -4.1% | Jan 12, 2009 | 43 | Mar 13, 2009 | 35 | May 4, 2009 | 78 |
Volatility
Volatility Chart
The current iShares Short-Term Corporate Bond ETF volatility is 0.77%, 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.