iShares Interest Rate Hedged Long-Term… (IGBH) Performance
IGBH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.1% since Dec 31, 2025
- 1 year
- +4.3% total return
- 5 years
- +5.3% a year
- 10 years
- +4.9% a year
- Since first price
- +4.7% a year since 2015
IGBH trailing returns vs AGG, TLT, SPY
| Period | IGBH total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.4% | −0.9% | +0.9% | +1.5% | −1.0% |
| 3 months | +1.9% | +0.6% | −0.4% | −1.0% | +3.2% |
| 6 months | +2.7% | +0.1% | −1.5% | −3.8% | +7.8% |
| YTD | +3.1% | −0.8% | −1.0% | −3.4% | +12.3% |
| 1 year | +4.3% | −1.2% | −1.1% | −6.9% | +14.4% |
| 3 years | +24.7%+7.6%/yr | +2.9% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +29.3%+5.3%/yr | −3.9% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +61.0%+4.9%/yr | +0.8% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| Since inceptionSep 11, 2015 | +66.3%+4.7%/yr | +1.1% | — | — | — |
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: IGBH vs AGG
From Sep 11, 2015: IGBH grew to $16,626, AGG to $12,009.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IGBH returns by calendar year
8 of 10 full years positive. Best 2023 (+12.1%), worst 2018 (−4.1%). 2026 is year to date.
IGBH annual returns table
| Year | IGBH | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +3.1% | −4.2% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.9% | −6.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +7.8% | −3.0% | +1.3% | −8.1% | +24.9% |
| 2023 | +12.1% | −3.6% | +5.7% | +2.8% | +26.2% |
| 2022 | −2.8% | −9.5% | −13.0% | −31.2% | −18.2% |
| 2021 | +2.2% | −2.9% | −1.8% | −4.6% | +28.7% |
| 2020 | +1.1% | −33.7% | +7.5% | +18.2% | +18.3% |
| 2019 | +9.6% | −3.6% | +8.5% | +14.1% | +31.2% |
| 2018 | −4.1% | −7.8% | +0.1% | −1.6% | −4.6% |
| 2017 | +9.4% | −2.0% | +3.6% | +9.2% | +21.7% |
| 2016 | +7.6% | −6.2% | +2.4% | +1.2% | +12.0% |
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.
IGBH largest drawdowns
Now 0.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 17, 2020 | −33.7% | Mar 20, 2020 | Dec 18, 2020 | 2 months | 11 months |
| Sep 27, 2021 | −10.5% | Oct 14, 2022 | Jun 16, 2023 | 1.0 years | 1.7 years |
| Oct 22, 2015 | −8.1% | Feb 22, 2016 | Apr 22, 2016 | 4 months | 6 months |
| Jan 23, 2018 | −8.1% | Jan 3, 2019 | Dec 13, 2019 | 11 months | 1.9 years |
| Feb 14, 2025 | −6.9% | Apr 8, 2025 | Jul 1, 2025 | 53 days | 5 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
IGBH risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +7.6% | +5.6% | +5.1% | +4.9% |
| Volatility (annualized) | 3.9% | 5.2% | 7.1% | 7.4% |
| Sharpe ratio | 0.79 | 0.39 | 0.41 | 0.40 |
| Sortino ratio | 1.33 | 0.61 | 0.55 | 0.56 |
| Best month | +3.7% | +4.2% | +4.7% | +5.7% |
| Worst month | −2.1% | −2.9% | −12.9% | −12.9% |
| Best 12 months | +10.3% | +14.5% | +26.3% | +26.3% |
| Worst 12 months | +2.4% | −7.7% | −13.1% | −13.1% |
| Positive months | 75% | 68% | 66% | 63% |
| Beta vs S&P 500 | 0.20 | 0.23 | 0.33 | — |
| Correlation with S&P 500 | 0.63 | 0.71 | 0.71 | — |
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.
IGBH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 122 | −13.1% | +6.2% | +26.3% | 77% |
| 3-year (a year) | 98 | −2.2% | +4.4% | +10.5% | 97% |
| 5-year (a year) | 74 | +0.6% | +4.4% | +8.1% | 100% |
| 10-year (a year) | 14 | +4.7% | +5.0% | +5.6% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
IGBH performance overview
iShares Interest Rate Hedged Long-Term… (IGBH) returned +4.3% over the past year and +4.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +4.7% a year, turning $10,000 into about $16,626. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −33.7%, from Jan 17, 2020 to Mar 20, 2020, and it took 9 months to get back to the old high. IGBH finished 8 of its 10 full calendar years with a gain; the best year was 2023 (+12.1%) and the worst 2018 (−4.1%). Volatility has been 7.4% a year.
Related: IGBH chart, IGBH dividends, IGBH bond profile. See the IGBH overview for the latest quote and fund facts.
IGBH performance FAQ
What is the IGBH return over the past year?
IGBH returned +4.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.2%.
What is the average annual return of IGBH?
IGBH has returned +5.3% a year over 5 years, +4.9% a year over 10 years, +4.7% a year since September 11, 2015 (total return, distributions reinvested).
How much would $10,000 invested in IGBH be worth?
$10,000 invested in IGBH at its first recorded close on September 11, 2015 would be worth about $16,626 on October 23, 2026 with distributions reinvested.
What was the worst year for IGBH?
The worst calendar year was 2018, with a total return of −4.1%. The best was 2023 at +12.1%.
What is the biggest drawdown of IGBH?
The largest peak-to-trough decline was −33.7% between January 17, 2020 and March 20, 2020. It recovered to the old high on December 18, 2020, 9 months after the bottom.
How volatile is IGBH?
Over the past 3 years IGBH had an annualized volatility of 3.9% and a Sharpe ratio of 0.79 (excess return over 1–3 month T-bills per unit of risk).