(IBDW) iShares Trust - iShares - Ratings and Ratios

The iShares iBonds Dec 2031 Term Corporate ETF (NYSE ARCA: IBDW) tracks an index of U.S.-dollar-denominated, taxable, investment-grade corporate bonds that all mature in 2031, specifically between January 1 and December 15.

By mandate, the fund must hold at least 80 % of its net assets in the exact securities that compose the index and at least 90 % in fixed-income instruments of the same type, making it a “non-diversified” vehicle that concentrates risk in a single maturity bucket.

Key metrics to watch (as of the latest data ≈ Q4 2025) include a weighted-average yield of roughly 4.2 % and a duration of about 9.5 years, both of which are sensitive to the U.S. Treasury curve and corporate credit spreads.

Economic drivers that will materially affect IBDW’s performance are: (1) the Federal Reserve’s policy stance-any shift in short-term rates will ripple through the 2031 curve; (2) corporate earnings health, which underpins investment-grade credit quality; and (3) fiscal policy developments that could alter the supply of new issuance in the 2030-era corporate bond market.

Given its tight maturity focus, IBDW can serve as a proxy for “roll-down” return expectations in a flattening yield-curve scenario, but it also exposes investors to concentration risk if credit spreads widen unexpectedly.

For a deeper, data-driven analysis of how IBDW’s risk-return profile compares to other target-maturity ETFs, you might explore the analytics on ValueRay-its transparent metrics can help you quantify the trade-off between yield and credit risk.