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BYLDiShares Yield Optimized Bond ETF

Get income12y track recordRanked #257 of 1,706 in this goal

Tracks the investment results of the Morningstar U.S. Bond Market Yield-Optimized Index.

By iShares · Launched 2014

Annual Cost

0.13%

#539 of 6,040 · low cost

Fund Size

$448M

#1,750 of 6,040 · large

Return (1Y)

+1.2%

Track Record

12 years

#1,170 of 6,040 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,027+0.3%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

Morningstar US Bond Market Yield-Optimized Index

Holdings

By weight

Concentration

Top 10 holdings = 127.6% of funddiversified 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
96.3%
Cash
3.5%
Preferred
0.1%
Convertible
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
3.9%Low

Year-on-year price swings

Max drawdown
-14.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)
0.45Below average
Sortino (3Y)
0.65Moderate downside risk

Bond profile

Duration

5.2 years

Avg maturity

9.4 years

Credit ratings

US Government
18.1%
AAA
2.6%
AA
18.7%
A
10.5%
BBB
13.0%
BB
17.9%
B
11.3%
Below B
2.8%
Other
23.3%

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

Next steps

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Data updated on 2026-09-18