iShares iBonds 2023 Term High Yield and Income ETF (IBHC)

Description

The investment seeks to track the performance of the Bloomberg 2023 Term High Yield and Income Index. The IBHC ETF contains 137 constituents. It is focused on holdings in the region.

Price $23.37 as of 2022-10-20

Cost/Risk/Yield

Dividend yield3.08%
Expense ratio0.35%
Average spread0.128%
1Y roundtrip cost0.478%

Historic prices

Total Returns (including dividends)

Monthly returns heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022-0.7%-0.4%-0.9%-0.6%0.6%-1.0%0.9%-0.1%-0.2%0.3%-2.2%
20210.2%0.3%1.3%0.6%0.3%0.9%0.1%0.4%0.0%0.0%-0.6%0.7%4.2%
2020-0.1%-0.9%-11.2%4.3%2.4%0.9%3.5%0.9%-0.4%0.8%2.4%1.9%4.4%
20192.2%-0.2%0.3%0.4%0.2%0.2%2.0%5.0%
-0.7%-1.0%-10.8%4.3%3.3%2.9%4.3%1.4%-0.2%1.2%2.0%4.6%

Historical Dividends

Monthly dividend heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
20220.060.060.050.060.060.060.060.050.060.51
20210.110.100.100.100.090.080.080.080.080.070.070.97
20200.110.110.110.120.110.100.110.110.120.110.111.22
20190.210.120.120.120.120.120.80
0.000.280.280.270.270.260.450.370.360.370.300.30

Sectors and Top Holdings

Security % Assets
MUTUAL FUND (OTHER)7.06%
Sprint Corp. 7.875% 15-SEP-20232.95%
Tenet Healthcare Corporation 6.75% 15-JUN-20232.78%
Ligado Networks 15.5% 01-NOV-20232.63%
DISH DBS Corporation 5.0% 15-MAR-20232.38%
HCA, Inc. 5.875% 01-MAY-20232.06%
MGM Resorts International 6.0% 15-MAR-20231.99%
U.S. Dollar1.96%
Commerzbank AG 8.125% 19-SEP-20231.78%
Ball Corporation 4.0% 15-NOV-20231.74%
Newell Brands Inc 4.35% 01-APR-20231.72%
Freeport-McMoRan, Inc. 3.875% 15-MAR-20231.58%
Xerox Corporation 4.375% 15-MAR-20231.56%
Navient Corporation 5.5% 25-JAN-20231.47%
Lumen Technologies, Inc. 6.75% 01-DEC-20231.40%
Top 15 Weights35.06%

Compare with similar ETFs

IBHC HYGH HYS HYUP SHYG SRLN
Product nameiShares iBonds 2023 Term High Yield and Income ETFiShares Interest Rate Hedged High Yield Bond ETFPIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded FundXtrackers High Beta High Yield Bond ETFiShares 0-5 Year High Yield Corporate Bond ETFSPDR Blackstone GSO Senior Loan ETF
IssueriSharesiSharesPIMCOXtrackersiSharesSPDR
Price$23.37$81.6$87.97$37.96$40.17$40.94
Expense Ratio0.35%worse0.52%worse0.55%better0.2%better0.3%worse0.7%
Average Spread0.128%0.147%0.034%0.158%0.025%0.024%
AUM$79,294,500$126,774,000$1,794,110,000$17,087,600$4,815,700,000$7,143,770,000
Shares3,393,0021,553,59820,394,563450,147119,883,054174,493,546
Average Daily Volume40,4878,216444,4101,0313,302,4174,081,343
Home pageVisit external siteVisit external siteVisit external siteVisit external siteVisit external site
Inception Date2019-05-072014-05-272011-06-162018-01-112013-10-152013-04-03
Index TrackedBloomberg 2023 Term High Yield and Income IndexNo Underlying IndexICE BofAML 0-5 Year US High Yield Constrained IndexSolactive USD High Yield Corporates Total Market High Beta IndexMarkit iBoxx USD Liquid High Yield 0-5 IndexNo Underlying Index
CategoryHigh Yield BondsHigh Yield BondsHigh Yield BondsHigh Yield BondsHigh Yield BondsHigh Yield Bonds
Asset ClassBondBondBondBondBondBond
Asset Class Size
Value or Growth
Region
CountriesU.S.U.S.BroadU.S.U.S.Broad
Annual Dividend Rate$0.72$4.363$3.91$2.704$2.199$2.13
Annual Dividend Yield0.031%0.053%0.044%0.071%0.055%0.052%
Number of Holdings13705655996990
YTD Return-2.19%-3.25%-8.17%-16.25%-7.74%-6.85%
Beta0.10-0.16-0.13-0.07-0.21-0.22
Upside Beta0.20-0.040.04-0.12-0.04-0.04
Downside Beta-0.290.020.04-0.330.060.09
Volatility 1Y3.97%9.81%9.16%12.53%8.18%5.86%
Sharpe Ratio 3Y0.190.04-0.21-0.36-0.21-0.08
Treynor Ratio 3Y0.010.000.010.040.010.00

Historic volatility

Implied volatility

Put/Call Ratio (option volume)

Put/Call Ratio (open interest)

Volatility Spread

Volatility Skew