iShares Core 1-5 Year USD Bond ETF

iShares Trust · 1 share class

U.S. bond index ETF
One fund, 1 share class:ISTB
$4.75B NAV
7,060 positions · as of 2026-04-30 · filed 2026-06-25

Fund classification

Classified from what the fund holds · as of 2026 Q2

iShares Core 1-5 Year USD Bond ETF is a U.S. bond index ETF that tracks the Bloomberg U.S. Universal 1-5 Year Index.

Asset class
Bonds
Region
United States
Management
Index (passive)
Fund type
ETF
Credit quality
Investment grade
Rate sensitivity
Short duration

Fund profile

As filed in the prospectus · 2026 Q1

The iShares Core 1-5 Year USD Bond ETF (the Fund ) seeks to track the investment results of an index composed of U.S. dollar-denominated bonds that are rated either investment-grade or high yield with remaining maturities between one and five years.

Strategy · summarised

The fund tracks the Bloomberg U.S. Universal 1-5 Year Index using representative sampling, holding a portfolio of U.S. dollar-denominated investment-grade and high-yield bonds with one to five years remaining maturity, including Treasuries, government-related debt, corporate bonds, mortgage-backed securities, asset-backed securities, and emerging market bonds. Because the fund samples rather than holds all index constituents, its returns may diverge from the index. The fund may invest up to 10% of assets in derivatives and non-index fixed income securities to aid tracking.

Expenses
0.06%one share class
Share classExpense ratio
ISTB0.06%

Portfolio turnover 35.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.49%
of net assets
Bonds92.79%
Securitized5.75%
Cash & short-term1.93%
Loans0.01%
Stocks0.00%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Government58.4%
International9.5%
Other7.6%
Financials6.2%
12 smaller18.3%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 641 new606 exited

Largest new: United States Treasury ×7, UMBS, TBA

Largest exited: United States Treasury ×8

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+4.01%
3-year
+14.92%
5-year
+10.02%
Volatility
1.71%
Worst 3-yr fall
-0.98%
Cumulative return· May 2023 – Apr 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30

Avg coupon
3.93%
Avg maturity
3.54 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

1%
floating
Fixed rate98.9%
Floating rate1.1%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y10y+
<1y2.1%
1-3y48.1%
3-5y43.8%
5-10y2.8%
10y+3.2%
Flagged holdings
Defaulted: 0.02% · $0.94M · 10 positions
In arrears: 0.00% · $0.07M · 2 positions
Paid in kind: 0.03% · $1.50M · 6 positions

These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.

Risk profile

Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2

Most of this fund’s sensitivity is to interest rates, with credit spreads carrying about half as much.

Interest-rate duration
2.55 yr
approx. move per 100bp
Credit-spread duration
1.28 yr
approx. move per 100bp
If rates and spreads both rise 100bp

Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.

≈ -4.0%
of value
Interest rates67%
Credit spreads33%

Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.

Credit risk by quality

Share of the fund's spread duration carried by each credit tier.

+1.28
yrs total
Investment grade+1.09 yr
High yield+0.19 yr
Where the risk sits on the curve

Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.

Interest rate2.55 yr total
3 mo30 yr
3 mo0.01 yr0%
1 yr0.70 yr27%
5 yr1.82 yr72%
10 yr0.02 yr1%
30 yr0.00 yr0%
Credit spread1.28 yr total
3 mo30 yr
3 mo0.00 yr0%
1 yr0.31 yr24%
5 yr0.97 yr76%
10 yr0.00 yr0%
30 yr0.00 yr0%

The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.

Show the numbers
TenorRate yrsIG yrsHY yrsIG $/bpHY $/bp
3 mo+0.01+0.00+0.00$186$1.4k
1 yr+0.70+0.26+0.04$124.0k$21.0k
5 yr+1.82+0.82+0.14$391.4k$67.5k
10 yr+0.02+0.00+0.00$191$356
30 yr+0.00+0.00+0.00$191$123

Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES1.93%$91.41M
United States Treasury4.00% · due 2030-02-280.99%$46.98M
United States Treasury3.63% · due 2030-09-300.97%$46.29M
United States Treasury3.63% · due 2030-10-310.96%$45.60M
United States Treasury3.50% · due 2030-11-300.91%$43.24M
United States Treasury3.75% · due 2031-01-310.89%$42.11M
United States Treasury3.63% · due 2030-08-310.86%$40.75M
United States Treasury4.00% · due 2030-05-310.83%$39.24M
United States Treasury4.13% · due 2029-10-310.81%$38.45M
United States Treasury4.00% · due 2029-07-310.80%$38.10M
Showing 10 of 7,060Sign in to see more

Top 10 positions are 9.95% of net assets, top 25 19.59%, across 2.6K issuers.

See more of this fund's book

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