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Wednesday, August 19, 2026The Morning Brief →Sign in
IBIFISharesINDEX

iShares Trust

$25.78-0.01% today
262752-WK
Price & daily flows
26.326.125.825.78DAILY NET FLOWFeb 17Apr 17Jun 17Aug 19

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN · NET +$44M OVER THIS RANGE

The desk’s read

Money keeps arriving — +$7M of net buying over the past month, about 5.8% of the fund's asset base, while the price has returned -1.0% so far this year. At 0.10% a year it is not the cheapest way in — AGG runs the same ground at 0.03%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$112Massets under management
0.10%expense ratio · $10 per $10,000 a year
+$7Mnet flow, trailing month
25Kavg daily volume, 30 days
4holdings
2023listed September 18, 2023 · beta 0.02
HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1TREASURY (CPI) NOTE24.80%
2TREASURY (CPI) NOTE23.82%
3TREASURY (CPI) NOTE17.54%
4TREASURY (CPI) NOTE15.12%
5TREASURY (CPI) NOTE10.60%
6TREASURY (CPI) NOTE8.04%
7BLK CSH FND TREASURY SL AGENCY - Money Market0.08%
Sector weights
Treasury99.92%
Cash and/or Derivatives0.08%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week+0.3%
1 month+0.2%
3 months-2.4%
6 months-1.7%
YTD-1.0%
1 year
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$3M
1 month+$7M
3 months+$21M
YTD+$59M
1 year+$74M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
AugSepOctNovDecJanFebMarAprMayJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
2%realized volatility, 30 days (annualized)
3%realized volatility, 1 year
-3.8%deepest fall from a peak, 1 year
-3.3%where it sits vs. that peak today

The top holding is 24.8% of the book; the top ten carry 100%. Spread across 7+ names, it behaves like roughly 5 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

The case against IBIF

Due diligence cuts both ways. These funds sit on the same shelf and beat IBIF on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
STIP iShares 0-5 Year TIPS Bond ETF0.03%$16B+$288M-7bp on fee · 143× the assets · +$288M in over the monthHead-to-head
MBB iShares MBS ETF0.04%$39B+$26M-6bp on fee · 348× the assets · +$26M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-6bp on fee · 209× the assets · +$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M-6bp on fee · 167× the assets · +$312M in over the monthHead-to-head
MUB iShares National Muni Bond ETF0.05%$45.8B+$585M-5bp on fee · 409× the assets · +$585M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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