iShares Core International Aggregate Bond ETF
iShares Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
iShares Core International Aggregate Bond ETF is a developed international bond index ETF that tracks the Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) Index.
- Asset class
- Bonds
- Region
- Developed international
- Management
- Index (passive)
- Fund type
- ETF
- Credit quality
- Investment grade
- Rate sensitivity
- Intermediate duration
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q1
The iShares Core International Aggregate Bond ETF (the Fund ) seeks to track the investment results of an index composed of global non-U.S. dollar-denominated investment-grade bonds that mitigates exposure to fluctuations between the value of the component currencies and the U.S. dollar.
The fund tracks the Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) Index, which comprises investment-grade bonds issued in non-U.S. currencies by governments, supranationals, and corporations across developed and emerging markets. The fund uses representative sampling to hold a portfolio with similar characteristics to the index rather than all constituents. Currency risk is hedged to the U.S. dollar monthly through foreign currency forward contracts, which means returns will diverge from an unhedged global bond index and may underperform when non-U.S. currencies strengthen against the dollar. Because the fund samples the index, its returns may not precisely track the index.
| Share class | Expense ratio |
|---|---|
| IAGG | 0.07% |
Portfolio turnover 26.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 100.23% |
| Cash & short-term | 0.33% |
| Securitized | 0.01% |
| Derivatives | -1.85% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: Bundesobligation, Japan Government Five Year Bonds, Italy Buoni Poliennali Del Tesoro, Bundesschatzanweisungen, Bank of New York Mellon, CHINA GOVERNMENT BOND, POLAND GOVERNMENT BOND, State Street Bank & Trust Co.
Largest exited: Societe Generale SA, CHINA GOVERNMENT BOND ×2, Italy Buoni Poliennali Del Tesoro, Japan Government Ten Year Bonds, Deutsche Bank AG, Bundesobligation, U.K. Gilts
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 96.2% |
| Zero-coupon or unclassified | 3.8% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 2.1% |
| 1-3y | 21.9% |
| 3-5y | 21.4% |
| 5-10y | 33.1% |
| 10y+ | 21.6% |
Based on what filers reported; a filer that never reported a flag also reads as none.
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.
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.
| Interest rates | 64% |
| Credit spreads | 36% |
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.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +3.11 yr |
| High yield | +0.35 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 1 yr | 0.34 yr | 5% |
| 5 yr | 2.54 yr | 41% |
| 10 yr | 1.69 yr | 28% |
| 30 yr | 1.57 yr | 26% |
3 mo is NEGATIVE (-0.08 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.00 yr | 0% |
| 1 yr | 0.16 yr | 5% |
| 5 yr | 1.56 yr | 45% |
| 10 yr | 0.97 yr | 28% |
| 30 yr | 0.76 yr | 22% |
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
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | -0.08 | +0.00 | -0.00 | $1.0k | -$22 |
| 1 yr | +0.34 | +0.14 | +0.02 | $185.4k | $25.6k |
| 5 yr | +2.54 | +1.27 | +0.29 | $1.66m | $378.1k |
| 10 yr | +1.69 | +0.93 | +0.04 | $1.22m | $53.1k |
| 30 yr | +1.57 | +0.76 | +0.00 | $993.3k | $5.2k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 6.06 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | CHINA GOVERNMENT BOND1.44% · due 2027-09-15 | 0.70% | $91.82M | — |
| — | CHINA GOVERNMENT BOND2.68% · due 2030-05-21 | 0.70% | $91.39M | — |
| — | CHINA GOVERNMENT BOND2.67% · due 2033-05-25 | 0.54% | $70.90M | — |
| — | CHINA DEVELOPMENT BANK3.65% · due 2029-05-21 | 0.52% | $67.51M | — |
| — | CHINA GOVERNMENT BOND1.61% · due 2035-02-15 | 0.51% | $66.58M | — |
| — | CHINA GOVERNMENT BOND1.62% · due 2027-08-15 | 0.49% | $64.63M | — |
| — | CHINA GOVERNMENT BOND2.28% · due 2031-03-25 | 0.47% | $61.30M | — |
| — | CHINA DEVELOPMENT BANK3.66% · due 2031-03-01 | 0.47% | $60.86M | — |
| — | CHINA GOVERNMENT BOND2.27% · due 2034-05-25 | 0.45% | $58.55M | — |
| — | CHINA GOVERNMENT BOND1.49% · due 2031-12-25 | 0.43% | $56.30M | — |
Top 10 positions are 5.28% of net assets, top 25 10.41%, across 1.6K issuers.
See more of this fund's book
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