iShares iBonds Dec 2027 Term Treasury ETF (IBTH) Performance
IBTH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.1% since Dec 31, 2025
- 1 year
- +2.8% total return
- 5 years
- +0.9% a year
- Since first price
- +0.8% a year since 2020
IBTH trailing returns vs AGG, TLT, SPY
| Period | IBTH total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | +0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.9% | −0.1% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.4% | −0.5% | −1.5% | −3.8% | +7.8% |
| YTD | +2.1% | −0.7% | −1.0% | −3.4% | +12.3% |
| 1 year | +2.8% | −0.9% | −1.1% | −6.9% | +14.4% |
| 3 years | +15.4%+4.9%/yr | +2.7% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +4.8%+0.9%/yr | −11.2% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionFeb 28, 2020 | +5.2%+0.8%/yr | −11.7% | — | — | — |
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: IBTH vs AGG
From Feb 28, 2020: IBTH grew to $10,522, AGG to $10,067.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IBTH returns by calendar year
3 of 5 full years positive. Best 2025 (+5.3%), worst 2022 (−9.8%). 2026 is year to date.
IBTH annual returns table
| Year | IBTH | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +2.1% | −0.4% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.3% | −0.8% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.2% | −1.9% | +1.3% | −8.1% | +24.9% |
| 2023 | +4.4% | −4.1% | +5.7% | +2.8% | +26.2% |
| 2022 | −9.8% | −11.7% | −13.0% | −31.2% | −18.2% |
| 2021 | −3.4% | −4.1% | −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.
IBTH largest drawdowns
Now 0.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 4, 2020 | −16.2% | Oct 20, 2022 | not yet | 2.2 years | 6.2 years so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
IBTH risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +4.7% | +0.7% | +0.7% |
| Volatility (annualized) | 2.4% | 4.2% | 4.2% |
| Sharpe ratio | 0.11 | -0.71 | -0.48 |
| Sortino ratio | 0.16 | -0.82 | -0.60 |
| Best month | +2.0% | +2.7% | +4.0% |
| Worst month | −1.1% | −3.2% | −3.2% |
| Best 12 months | +7.7% | +7.7% | +7.7% |
| Worst 12 months | +2.9% | −11.6% | −11.6% |
| Positive months | 81% | 63% | 63% |
| Beta vs S&P 500 | 0.06 | 0.13 | — |
| Correlation with S&P 500 | 0.32 | 0.48 | — |
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.
IBTH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 69 | −11.6% | +1.9% | +7.7% | 57% |
| 3-year (a year) | 45 | −4.5% | −0.9% | +4.9% | 47% |
| 5-year (a year) | 21 | −0.9% | −0.2% | +0.9% | 43% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
IBTH performance overview
iShares iBonds Dec 2027 Term Treasury ETF (IBTH) returned +2.8% over the past year and +0.9% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +0.8% a year, turning $10,000 into about $10,522. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −16.2%, from Aug 4, 2020 to Oct 20, 2022; the fund has not yet regained that high. IBTH finished 3 of its 5 full calendar years with a gain; the best year was 2025 (+5.3%) and the worst 2022 (−9.8%). Volatility has been 4.2% a year.
Related: IBTH chart, IBTH dividends, IBTH bond profile. See the IBTH overview for the latest quote and fund facts.
IBTH performance FAQ
What is the IBTH return over the past year?
IBTH returned +2.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.9%.
What is the average annual return of IBTH?
IBTH has returned +0.9% a year over 5 years, +0.8% a year since February 28, 2020 (total return, distributions reinvested).
How much would $10,000 invested in IBTH be worth?
$10,000 invested in IBTH at its first recorded close on February 28, 2020 would be worth about $10,522 on October 23, 2026 with distributions reinvested.
What was the worst year for IBTH?
The worst calendar year was 2022, with a total return of −9.8%. The best was 2025 at +5.3%.
What is the biggest drawdown of IBTH?
The largest peak-to-trough decline was −16.2% between August 4, 2020 and October 20, 2022. It has not yet recovered to that high; it is 0.2% below its peak.
How volatile is IBTH?
Over the past 3 years IBTH had an annualized volatility of 2.4% and a Sharpe ratio of 0.11 (excess return over 1–3 month T-bills per unit of risk).