iShares iBonds 2027 Term High Yield and… (IBHG) Performance
IBHG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.7% since Dec 31, 2025
- 1 year
- +2.5% total return
- 5 years
- +3.6% a year
- Since first price
- +3.5% a year since 2021
IBHG trailing returns vs AGG, TLT, SPY
| Period | IBHG total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.0% | −0.4% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.4% | −1.0% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.1% | −1.8% | −1.5% | −3.8% | +7.8% |
| YTD | +1.7% | −2.6% | −1.0% | −3.4% | +12.3% |
| 1 year | +2.5% | −3.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +25.5%+7.9%/yr | +3.3% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +19.5%+3.6%/yr | −12.6% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionJul 9, 2021 | +19.7%+3.5%/yr | −13.1% | — | — | — |
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: IBHG vs AGG
From Jul 9, 2021: IBHG grew to $11,968, AGG to $9,829.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IBHG returns by calendar year
3 of 4 full years positive. Best 2023 (+11.3%), worst 2022 (−8.9%). 2026 is year to date.
IBHG annual returns table
| Year | IBHG | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.7% | −0.7% | −1.0% | −3.4% | +12.3% |
| 2025 | +6.9% | −3.4% | +7.2% | +4.3% | +17.7% |
| 2024 | +7.4% | −1.7% | +1.3% | −8.1% | +24.9% |
| 2023 | +11.3% | −4.4% | +5.7% | +2.8% | +26.2% |
| 2022 | −8.9% | −13.7% | −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.
IBHG largest drawdowns
Now 0.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 27, 2021 | −13.9% | Sep 27, 2022 | Dec 13, 2023 | 9 months | 2.0 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
IBHG risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +7.1% | +3.6% | +3.5% |
| Volatility (annualized) | 3.2% | 6.8% | 6.7% |
| Sharpe ratio | 0.83 | 0.02 | 0.03 |
| Sortino ratio | 1.80 | 0.03 | 0.05 |
| Best month | +4.0% | +6.2% | +6.2% |
| Worst month | −1.0% | −7.1% | −7.1% |
| Best 12 months | +13.4% | +13.4% | +13.4% |
| Worst 12 months | +2.7% | −12.7% | −12.7% |
| Positive months | 78% | 65% | 66% |
| Beta vs S&P 500 | 0.17 | 0.35 | — |
| Correlation with S&P 500 | 0.65 | 0.80 | — |
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.
IBHG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 52 | −12.7% | +6.9% | +13.4% | 83% |
| 3-year (a year) | 28 | +2.3% | +7.1% | +10.0% | 100% |
| 5-year (a year) | 4 | +3.6% | +3.7% | +3.7% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
IBHG performance overview
iShares iBonds 2027 Term High Yield and… (IBHG) returned +2.5% over the past year and +3.6% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +3.5% a year, turning $10,000 into about $11,968. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −13.9%, from Dec 27, 2021 to Sep 27, 2022, and it took 1.2 years to get back to the old high. IBHG finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+11.3%) and the worst 2022 (−8.9%). Volatility has been 6.7% a year.
Related: IBHG chart, IBHG dividends, IBHG bond profile. See the IBHG overview for the latest quote and fund facts.
IBHG performance FAQ
What is the IBHG return over the past year?
IBHG returned +2.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.2%.
What is the average annual return of IBHG?
IBHG has returned +3.6% a year over 5 years, +3.5% a year since July 9, 2021 (total return, distributions reinvested).
How much would $10,000 invested in IBHG be worth?
$10,000 invested in IBHG at its first recorded close on July 9, 2021 would be worth about $11,968 on October 23, 2026 with distributions reinvested.
What was the worst year for IBHG?
The worst calendar year was 2022, with a total return of −8.9%. The best was 2023 at +11.3%.
What is the biggest drawdown of IBHG?
The largest peak-to-trough decline was −13.9% between December 27, 2021 and September 27, 2022. It recovered to the old high on December 13, 2023, 1.2 years after the bottom.
How volatile is IBHG?
Over the past 3 years IBHG had an annualized volatility of 3.2% and a Sharpe ratio of 0.83 (excess return over 1–3 month T-bills per unit of risk).