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Sunday, August 23, 2026The Morning Brief →Sign in

USAA CORE INTERMEDIATE-TERM BOND ETF

$46.05-0.19% today
464852-WK

Seeks high current income without undue risk to principal. Under normal market conditions, the portfolio will invest primarily in investment-grade corporate debt and U.S. government securities.

Price & daily flows
47.647.046.546.05DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned -2.7% so far this year. At 0.39% a year it is not the cheapest way in — IJH runs the same ground at 0.05%.

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

$2.2Bassets under management
0.39%expense ratio · $39 per $10,000 a year
net flow, trailing month
155Kavg daily volume, 30 days
918holdings · US-domiciled
2023listed October 24, 2023
Sector weights
Cash & Others100.01%
Other100%
Energy100%
Government45.09%
Corporate28.06%
Securitized24.67%
Municipal1.06%
Miscellaneous0.65%
Finance0.36%
Agency0.21%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.2%
1 month-0.1%
3 months-1.0%
6 months-3.5%
YTD-2.7%
1 year-2.3%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
4%realized volatility, 30 days (annualized)
4%realized volatility, 1 year
-4.2%deepest fall from a peak, 1 year
-4.1%where it sits vs. that peak today

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

The case against UITB

Due diligence cuts both ways. These funds sit on the same shelf and beat UITB 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-36bp on fee · 7× the assets · +$288M in over the monthHead-to-head
MBB iShares MBS ETF0.04%$39B+$26M-35bp on fee · 18× the assets · +$26M in over the monthHead-to-head
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-34bp on fee · 58× the assets · +$547M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-35bp on fee · 11× the assets · +$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M-35bp on fee · 8× the assets · +$312M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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