iShares iBonds 2026 Term High Yield and… (IBHF) Performance
IBHF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.5% since Dec 31, 2025
- 1 year
- +2.2% total return
- 5 years
- +4.1% a year
- Since first price
- +4.5% a year since 2020
IBHF trailing returns vs AGG, TLT, SPY
| Period | IBHF total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | +0.0% | +0.9% | +1.5% | −1.0% |
| 3 months | +1.0% | −0.0% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.0% | −1.4% | −1.5% | −3.8% | +7.8% |
| YTD | +1.5% | −2.4% | −1.0% | −3.4% | +12.3% |
| 1 year | +2.2% | −3.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +23.3%+7.2%/yr | +1.2% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +22.3%+4.1%/yr | −11.4% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionNov 12, 2020 | +30.2%+4.5%/yr | −9.4% | — | — | — |
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: IBHF vs AGG
From Nov 12, 2020: IBHF grew to $13,017, AGG to $9,783.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IBHF returns by calendar year
4 of 5 full years positive. Best 2023 (+10.4%), worst 2022 (−6.7%). 2026 is year to date.
IBHF annual returns table
| Year | IBHF | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.5% | −0.8% | −1.0% | −3.4% | +12.3% |
| 2025 | +6.6% | −2.5% | +7.2% | +4.3% | +17.7% |
| 2024 | +8.6% | −1.1% | +1.3% | −8.1% | +24.9% |
| 2023 | +10.4% | −3.3% | +5.7% | +2.8% | +26.2% |
| 2022 | −6.7% | −11.1% | −13.0% | −31.2% | −18.2% |
| 2021 | +4.4% | −1.9% | −1.8% | −4.6% | +28.7% |
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.
IBHF largest drawdowns
At an all-time high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 27, 2021 | −11.2% | Jun 13, 2022 | Nov 14, 2023 | 6 months | 1.9 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
IBHF risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +6.9% | +4.0% | +4.4% |
| Volatility (annualized) | 2.4% | 5.3% | 5.0% |
| Sharpe ratio | 1.02 | 0.10 | 0.27 |
| Sortino ratio | 2.27 | 0.13 | 0.39 |
| Best month | +3.0% | +5.0% | +5.0% |
| Worst month | −0.5% | −5.8% | −5.8% |
| Best 12 months | +12.6% | +12.6% | +12.6% |
| Worst 12 months | +2.1% | −9.9% | −9.9% |
| Positive months | 81% | 68% | 70% |
| Beta vs S&P 500 | 0.11 | 0.26 | — |
| Correlation with S&P 500 | 0.56 | 0.76 | — |
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.
IBHF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 60 | −9.9% | +6.1% | +12.6% | 78% |
| 3-year (a year) | 36 | +2.3% | +6.5% | +9.8% | 100% |
| 5-year (a year) | 12 | +4.0% | +4.2% | +4.7% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
IBHF performance overview
iShares iBonds 2026 Term High Yield and… (IBHF) returned +2.2% over the past year and +4.1% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +4.5% a year, turning $10,000 into about $13,017. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −11.2%, from Dec 27, 2021 to Jun 13, 2022, and it took 1.4 years to get back to the old high. IBHF finished 4 of its 5 full calendar years with a gain; the best year was 2023 (+10.4%) and the worst 2022 (−6.7%). Volatility has been 5.0% a year.
Related: IBHF chart, IBHF dividends, IBHF bond profile. See the IBHF overview for the latest quote and fund facts.
IBHF performance FAQ
What is the IBHF return over the past year?
IBHF returned +2.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.4%.
What is the average annual return of IBHF?
IBHF has returned +4.1% a year over 5 years, +4.5% a year since November 12, 2020 (total return, distributions reinvested).
How much would $10,000 invested in IBHF be worth?
$10,000 invested in IBHF at its first recorded close on November 12, 2020 would be worth about $13,017 on October 23, 2026 with distributions reinvested.
What was the worst year for IBHF?
The worst calendar year was 2022, with a total return of −6.7%. The best was 2023 at +10.4%.
What is the biggest drawdown of IBHF?
The largest peak-to-trough decline was −11.2% between December 27, 2021 and June 13, 2022. It recovered to the old high on November 14, 2023, 1.4 years after the bottom.
How volatile is IBHF?
Over the past 3 years IBHF had an annualized volatility of 2.4% and a Sharpe ratio of 1.02 (excess return over 1–3 month T-bills per unit of risk).