(IBHF) iBonds 2026 Term High Yield - Overview

ETF Category: Target Maturity | Exchange: BATS (USA) | Market Cap: 939m USD | Total Return: 5.2% in 12m

Corporate Bonds, High Yield Debt, Fixed Income
Total Rating 42
Safety 87
Buy Signal -0.06
Target Maturity Category Rotation: +12.5
TER: 0.35%
AUM: 939M
Avg Turnover: 6.84M
Risk 3d forecast
Volatility2.69%
VaR 5th Pctl0.46%
VaR vs Median-4.28%
Reward TTM
Sharpe Ratio0.41
Rel. Str. IBD35.1
Rel. Str. Peer Group70.7
Character TTM
Beta0.078
Beta Downside0.047
Hurst Exponent0.327
Drawdowns 3y
Max DD2.53%
CAGR/Max DD3.16
CAGR/Mean DD38.25

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: IBHF iBonds 2026 Term High Yield

The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) tracks a market-value-weighted index of U.S. dollar-denominated corporate bonds. The portfolio specifically targets high-yield debt and BBB-rated securities scheduled to mature between January 1, 2026, and December 15, 2026. This target-maturity structure allows the fund to behave similarly to an individual bond, providing a defined maturity date where the fund liquidates and returns capital to shareholders.

High-yield corporate bonds, often referred to as junk bonds, carry higher credit risk than investment-grade debt but offer increased coupon rates to compensate investors for the potential of default. The inclusion of BBB-rated bonds-the lowest tier of investment-grade-provides a liquidity buffer and slightly reduces the overall credit volatility compared to pure high-yield portfolios. This business model is designed to mitigate interest rate risk, as the funds duration naturally shortens as it approaches the 2026 maturity date.

Investors can evaluate the underlying credit quality and yield-to-maturity of these holdings further on ValueRay. This ETF serves as a tool for laddering portfolios or meeting specific future cash flow requirements.

Headlines to Watch Out For
  • Federal Reserve interest rate pivots shift underlying bond market valuations
  • High yield credit spread volatility impacts net asset value performance
  • Corporate default rate acceleration threatens principal preservation at fund maturity
  • Reinvestment risk increases as 2026 bond holdings reach scheduled liquidation
  • U.S. economic growth trajectory determines solvency of below investment-grade issuers
What is the price of IBHF shares? As of May 22, 2026, the stock is trading at USD 22.80 with a total of 320,448 shares traded.
Over the past week, the price has changed by +0.44%, over one month by -0.04%, over three months by +0.22% and over the past year by +5.18%.
Is IBHF a buy, sell or hold? iBonds 2026 Term High Yield has no consensus analysts rating.
What are the forecasts/targets for the IBHF price?
Analysts Target Price - -