A Daily Network publication
Explore the network
ETF Daily
The Definitive Daily Read on Exchange-Traded Funds
Sunday, August 23, 2026The Morning Brief →Sign in
IBTOISHARES IBONDS DEC 2033 TERM TREASURY ETFINDEX

ISHARES IBONDS DEC 2033 TERM TREASURY ETF

$23.77-0.19% today
242552-WK
Price & daily flows
24.724.424.023.77DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$94M OVER THIS RANGE

The desk’s read

Money is leaving — −$11M walked out over the past month, about 2.3% of the fund's asset base, while the price has returned -3.2% so far this year.

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

$464Massets under management
expense ratio
−$11Mnet flow, trailing month
143Kavg daily volume, 30 days
0holdings · US-domiciled
2024listed May 13, 2024 · beta 0.09
The book at a glance
21.9%19.7%18.0%18.0%7.6%7.6%7.2%

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1TREASURY NOTE21.87%
2TREASURY NOTE19.66%
3TREASURY NOTE18.00%
4TREASURY NOTE17.96%
5TREASURY NOTE (OLD)7.63%
6TREASURY NOTE7.62%
7TREASURY NOTE (2OLD)7.22%
8BLK CSH FND TREASURY SL AGENCY - Money Market0.04%
Performance
1 week-0.3%
1 month+0.0%
3 months-0.9%
6 months-3.9%
YTD-3.2%
1 year-3.0%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month−$11M
3 months+$16M
YTD+$47M
1 year+$94M

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
AugSepOctNovDecJanFebMarAprMayJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
4%realized volatility, 30 days (annualized)
4%realized volatility, 1 year
-5.0%deepest fall from a peak, 1 year
-4.9%where it sits vs. that peak today

The top holding is 21.9% of the book; the top ten carry 100%. Spread across 8+ names, it behaves like roughly 6 equally-weighted positions.

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

The case against IBTO

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

FundFeeAssetsFlow, 1MThe case
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M277× the assets · +$547M in over the monthHead-to-head
SGOV iShares 0-3 Month Treasury Bond ETF0.07%$103.2B+$4.7B222× the assets · +$4.7B in over the monthHead-to-head
MUB iShares National Muni Bond ETF0.05%$45.8B+$585M99× the assets · +$585M in over the monthHead-to-head
TLT iShares 20+ Year Treasury Bond ETF0.15%$45.4B+$4B98× the assets · +$4B in over the monthHead-to-head
GOVT iShares U.S. Treasury Bond ETF0.05%$43.8B+$304M94× the assets · +$304M in over the monthHead-to-head
Sign in to save this to The RecordA timestamped copy for the file — documentation, not advice.
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.