BYLDiShares Yield Optimized Bond ETF
Tracks the investment results of the Morningstar U.S. Bond Market Yield-Optimized Index.
By iShares · Launched 2014
Annual Cost
0.13%
#505 of 5,861 · low cost
Fund Size
$454M
#1,670 of 5,861 · large
Dividend YieldGoal
5.34%
Track Record
12 years
#1,158 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,264+2.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index tracking
Index tracked
Morningstar US Bond Market Yield-Optimized Index
What it actually holds
By weightConcentration
Top 10 holdings = 127.6% of fund✓ diversified through underlying funds
BlackRock Funds III
34.2%
iShares Trust
20.1%
iShares Trust
11.3%
iShares Trust
10.1%
iShares, Inc.
10.0%
iShares Trust
10.0%
iShares Trust
9.6%
iShares Trust
8.7%
iShares GNMA Bond ETF
8.0%
iShares Trust
5.6%
Asset allocation
Bonds
94.1%
Cash
5.6%
Preferred
0.1%
Convertible
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.8%Low
Year-on-year price swings
Max drawdown
-14.7%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.46Below average
Sortino (3Y)
0.67Moderate downside risk
Bond profile
Credit ratings
US Government
16.2%
AAA
2.8%
AA
23.0%
A
19.6%
BBB
22.0%
BB
17.7%
B
11.2%
Below B
2.9%
Other
0.7%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Tracks the investment results of the Morningstar U.S. Bond Market Yield-Optimized Index.
- Strategy
- Invests primarily in underlying iShares ETFs that seek to deliver current income through a diversified fixed-income index. The Fund allocates across U.S. government, securitized, investment-grade, non-investment-grade, and emerging market debt sectors, aiming for high risk-adjusted yields.
- Inception date
- April 22, 2014
- Fund family
- iShares
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Data updated on 2026-08-04