(IBDR) iShares iBonds Dec 2026 - Ratings and Ratios

The iShares iBonds Dec 2026 Term Corporate ETF (IBDR) is a target maturity ETF designed to provide exposure to a diversified portfolio of U.S. dollar-denominated, investment-grade corporate bonds. The fund invests at least 80% of its assets in the component instruments of its underlying index, which tracks corporate bonds with a maturity date in December 2026. It also allocates at least 90% of its assets to fixed income securities included in the index. The underlying index includes bonds issued by U.S. and non-U.S. corporate issuers with a minimum face value of $300 million at the time of inclusion, ensuring a focus on larger, more liquid issuances.

As a target maturity ETF, IBDR is structured to hold bonds until they mature, at which point the fund will return the principal to investors. This approach reduces duration risk over time as the fund approaches its maturity date. The ETF is listed on the NYSE ARCA under the ticker symbol IBDR and is categorized as a U.S.-domiciled investment product. Its average trading volume over the past 20 days is 488,150 shares, with a last price of $24.20. The funds assets under management (AUM) total $3.224 billion, indicating significant investor interest and liquidity.

From a technical perspective, IBDR has shown price stability, with its 20-day, 50-day, and 200-day simple moving averages (SMA) at $24.12, $24.07, and $23.74, respectively. The average true range (ATR) of 0.05 reflects low volatility, consistent with the nature of investment-grade corporate bonds. Over the next three months, IBDR is expected to maintain its stable performance, with prices likely to remain range-bound between $24.00 and $24.30. The funds price action is anticipated to track its SMAs closely, with minimal deviation due to its low volatility profile.

Fundamentally, the ETFs focus on investment-grade securities suggests a lower credit risk profile compared to high-yield bond ETFs. However, as interest rates rise, the funds longer-duration bonds (albeit declining as maturity approaches) may experience modest price declines. Despite this, the ETFs target maturity structure limits the impact of rising rates over time, making it an attractive option for investors seeking predictable income with reduced duration risk. The funds diversification across issuers and industries further enhances its risk-adjusted return potential.