iShares iBonds 2032 Term High Yield and… (IBHL) Performance
IBHL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.6% since Dec 31, 2025
- 1 year
- +1.0% total return
- Since first price
- +7.8% since 2025
IBHL trailing returns vs AGG, TLT, SPY
| Period | IBHL total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −1.1% | −1.6% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.7% | −3.2% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.3% | −4.4% | −1.5% | −3.8% | +7.8% |
| YTD | −0.6% | −5.1% | −1.0% | −3.4% | +12.3% |
| 1 year | +1.0% | −5.1% | −1.1% | −6.9% | +14.4% |
| Since inceptionMar 26, 2025 | +7.8% | −2.1% | — | — | — |
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: IBHL vs AGG
From Mar 26, 2025: IBHL grew to $10,778, AGG to $10,407.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IBHL returns by calendar year
2026 is year to date.
IBHL annual returns table
| Year | IBHL | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.6% | −3.4% | −1.0% | −3.4% | +12.3% |
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.
IBHL risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +5.0% |
| Volatility (annualized) | 4.3% |
| Sharpe ratio | 0.28 |
| Sortino ratio | 0.37 |
| Best month | +2.3% |
| Worst month | −3.2% |
| Best 12 months | +9.2% |
| Worst 12 months | +0.9% |
| Positive months | 83% |
| 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.
IBHL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 8 | +0.9% | +5.4% | +9.2% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
IBHL performance overview
iShares iBonds 2032 Term High Yield and… (IBHL) returned +1.0% over the past year, with distributions reinvested. Since its first recorded price on Mar 26, 2025 it has returned +7.8%. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: IBHL chart, IBHL dividends, IBHL bond profile. See the IBHL overview for the latest quote and fund facts.
IBHL performance FAQ
What is the IBHL return over the past year?
IBHL returned +1.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.1%.
How much would $10,000 invested in IBHL be worth?
$10,000 invested in IBHL at its first recorded close on March 26, 2025 would be worth about $10,778 on October 23, 2026 with distributions reinvested.
How volatile is IBHL?
Over the past history IBHL had an annualized volatility of 4.3% and a Sharpe ratio of 0.28 (excess return over 1–3 month T-bills per unit of risk).