iShares Energy Storage & Materials ETF (IBAT) Performance
IBAT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +25.9% since Dec 31, 2025
- 1 year
- +19.9% total return
- Since first price
- +44.4% since 2024
IBAT trailing returns vs SPY, QQQ, AGG
| Period | IBAT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −10.7% | −10.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.9% | −8.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.8% | −12.2% | +7.8% | +8.4% | −1.5% |
| YTD | +25.9% | +25.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +19.9% | +18.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionMar 21, 2024 | +44.4% | +40.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IBAT vs SPY
From Mar 21, 2024: IBAT grew to $14,438, SPY to $14,983.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IBAT returns by calendar year
1 of 1 full years positive. Best 2025 (+32.1%), worst 2025 (+32.1%). 2026 is year to date.
IBAT annual returns table
| Year | IBAT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +25.9% | −25.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.1% | −19.6% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IBAT largest drawdowns
Now 24.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 27, 2024 | −28.3% | Apr 8, 2025 | Aug 22, 2025 | 6 months | 11 months |
| Jun 22, 2026 | −25.9% | Jul 29, 2026 | not yet | 37 days | 4 months so far |
| May 29, 2026 | −13.7% | Jun 10, 2026 | Jun 22, 2026 | 12 days | 24 days |
| Mar 22, 2024 | −13.7% | Aug 5, 2024 | Sep 26, 2024 | 4 months | 6 months |
| Oct 29, 2025 | −12.3% | Dec 18, 2025 | Jan 22, 2026 | 50 days | 3 months |
| Feb 25, 2026 | −11.9% | Mar 6, 2026 | Apr 9, 2026 | 9 days | 43 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IBAT risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +21.5% |
| Volatility (annualized) | 29.6% |
| Sharpe ratio | 0.66 |
| Sortino ratio | 1.24 |
| Best month | +26.7% |
| Worst month | −15.9% |
| Best 12 months | +130.7% |
| Worst 12 months | −16.3% |
| Positive months | 57% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IBAT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 20 | −16.3% | +35.1% | +130.7% | 75% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
IBAT performance overview
iShares Energy Storage & Materials ETF (IBAT) returned +19.9% over the past year, with distributions reinvested. Since its first recorded price on Mar 21, 2024 it has returned +44.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −28.3%, from Sep 27, 2024 to Apr 8, 2025, and it took 4 months to get back to the old high. Volatility has been 29.6% a year.
Related: IBAT chart, IBAT holdings, IBAT dividends. See the IBAT overview for the latest quote and fund facts.
IBAT performance FAQ
What is the IBAT return over the past year?
IBAT returned +19.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 18.9%.
How much would $10,000 invested in IBAT be worth?
$10,000 invested in IBAT at its first recorded close on March 21, 2024 would be worth about $14,438 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of IBAT?
The largest peak-to-trough decline was −28.3% between September 27, 2024 and April 8, 2025. It recovered to the old high on August 22, 2025, 4 months after the bottom.
How volatile is IBAT?
Over the past history IBAT had an annualized volatility of 29.6% and a Sharpe ratio of 0.66 (excess return over 1–3 month T-bills per unit of risk).