iShares iBonds Dec 2031 Term Corporate ETF (IBDW) Performance
IBDW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.0% since Dec 31, 2025
- 1 year
- −0.5% total return
- 5 years
- +0.4% a year
- Since first price
- +0.2% a year since 2021
IBDW trailing returns vs AGG, TLT, SPY
| Period | IBDW total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.7% | +0.3% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.5% | −1.7% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.4% | −3.7% | −1.5% | −3.8% | +7.8% |
| YTD | −1.0% | −4.4% | −1.0% | −3.4% | +12.3% |
| 1 year | −0.5% | −5.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +23.2%+7.2%/yr | +6.5% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +2.0%+0.4%/yr | −18.2% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionJun 24, 2021 | +1.2%+0.2%/yr | −19.3% | — | — | — |
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: IBDW vs AGG
From Jun 24, 2021: IBDW grew to $10,120, AGG to $9,893.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IBDW returns by calendar year
3 of 4 full years positive. Best 2023 (+9.4%), worst 2022 (−17.1%). 2026 is year to date.
IBDW annual returns table
| Year | IBDW | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.0% | −3.4% | −1.0% | −3.4% | +12.3% |
| 2025 | +9.1% | −2.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.0% | −3.6% | +1.3% | −8.1% | +24.9% |
| 2023 | +9.4% | −7.7% | +5.7% | +2.8% | +26.2% |
| 2022 | −17.1% | −21.5% | −13.0% | −31.2% | −18.2% |
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.
IBDW largest drawdowns
Now 2.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 3, 2021 | −23.9% | Oct 20, 2022 | Feb 5, 2026 | 1.2 years | 4.5 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
IBDW risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +6.2% | −0.0% | −0.1% |
| Volatility (annualized) | 6.1% | 8.4% | 8.2% |
| Sharpe ratio | 0.31 | -0.40 | -0.40 |
| Sortino ratio | 0.51 | -0.53 | -0.52 |
| Best month | +6.3% | +6.3% | +6.3% |
| Worst month | −2.4% | −6.1% | −6.1% |
| Best 12 months | +15.1% | +15.1% | +15.1% |
| Worst 12 months | −0.9% | −20.2% | −20.2% |
| Positive months | 72% | 58% | 57% |
| Beta vs S&P 500 | 0.26 | 0.37 | — |
| Correlation with S&P 500 | 0.53 | 0.69 | — |
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.
IBDW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 53 | −20.2% | +4.1% | +15.1% | 74% |
| 3-year (a year) | 29 | −3.4% | +5.4% | +8.2% | 72% |
| 5-year (a year) | 5 | −0.0% | +0.1% | +0.4% | 60% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
IBDW performance overview
iShares iBonds Dec 2031 Term Corporate ETF (IBDW) returned −0.5% over the past year and +0.4% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +0.2% a year, turning $10,000 into about $10,120. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −23.9%, from Aug 3, 2021 to Oct 20, 2022, and it took 3.3 years to get back to the old high. IBDW finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+9.4%) and the worst 2022 (−17.1%). Volatility has been 8.2% a year.
Related: IBDW chart, IBDW dividends, IBDW bond profile. See the IBDW overview for the latest quote and fund facts.
IBDW performance FAQ
What is the IBDW return over the past year?
IBDW returned −0.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.1%.
What is the average annual return of IBDW?
IBDW has returned +0.4% a year over 5 years, +0.2% a year since June 24, 2021 (total return, distributions reinvested).
How much would $10,000 invested in IBDW be worth?
$10,000 invested in IBDW at its first recorded close on June 24, 2021 would be worth about $10,120 on October 23, 2026 with distributions reinvested.
What was the worst year for IBDW?
The worst calendar year was 2022, with a total return of −17.1%. The best was 2023 at +9.4%.
What is the biggest drawdown of IBDW?
The largest peak-to-trough decline was −23.9% between August 3, 2021 and October 20, 2022. It recovered to the old high on February 5, 2026, 3.3 years after the bottom.
How volatile is IBDW?
Over the past 3 years IBDW had an annualized volatility of 6.1% and a Sharpe ratio of 0.31 (excess return over 1–3 month T-bills per unit of risk).