(ICSH) Ultra Short-Term Bond - Overview
Etf: Bonds, Treasury, Commercial Paper, Certificates Of Deposit
Dividends
| Dividend Yield | 4.55% |
| Yield on Cost 5y | 4.93% |
| Yield CAGR 5y | 81.74% |
| Payout Consistency | 89.2% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 0.42% |
| Relative Tail Risk | -0.96% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.55 |
| Alpha | 0.72 |
| Character TTM | |
|---|---|
| Beta | 0.001 |
| Beta Downside | -0.002 |
| Drawdowns 3y | |
|---|---|
| Max DD | 0.15% |
| CAGR/Max DD | 35.89 |
Description: ICSH Ultra Short-Term Bond January 08, 2026
The iShares Ultra Short-Term Bond ETF (BATS: ICSH) invests at least 80% of its net assets in U.S.-dollar-denominated, investment-grade fixed- and floating-rate securities that meet a minimum credit quality of BBB- / Baa3 (or an equivalent internal rating if unrated).
Key performance metrics as of the latest reporting period show a 30-day SEC yield around 4.6% and an average portfolio duration of roughly 0.4 years, reflecting the fund’s focus on preserving capital while capturing modest income in a low-rate environment.
Macro-driven factors that influence the fund’s returns include Federal Reserve policy on short-term rates, the spread between Treasury yields and corporate BBB-rated debt, and the overall credit cycle for investment-grade issuers, especially in the financial and consumer-services sectors which dominate the ultra-short bond space.
Given the fund’s ultra-short horizon, it tends to be less sensitive to interest-rate volatility than longer-duration bond ETFs, but its performance can still be impacted by sudden credit-quality downgrades or shifts in liquidity conditions in the short-term funding markets.
For a deeper dive into how ICSH fits into a broader fixed-income allocation and to explore quantitative back-tests, you might find the analytics on ValueRay worth a look.
What is the price of ICSH shares?
Over the past week, the price has changed by +0.08%, over one month by +0.38%, over three months by +1.10% and over the past year by +4.83%.
Is ICSH a buy, sell or hold?
What are the forecasts/targets for the ICSH price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 57 | 12.5% |
ICSH Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 6.82b USD (6.82b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 6.82b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 6.82b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 5.92% (E(6.82b)/V(6.82b) * Re(5.92%) + (debt-free company))
Discount Rate = 5.92% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)