ICVTiShares Convertible Bond ETF
Tracks the investment results of the Bloomberg U.S. Convertible Cash Pay Bond ˃ $250MM Index.
By iShares · Launched 2015
Annual Cost
0.20%
#967 of 6,040 · low cost
Fund Size
$7.8B
#352 of 6,040 · large
Return (1Y)
+17.1%
Track Record
11 years
#1,293 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$11,219+12.2%
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
Bloomberg US Convertible Cash Pay Bond ? $250MM Index
Holdings
By weightConcentration
Top 10 holdings = 18.3% of funddiversified
WESTERN DIGITAL CORP
5.2%
LUMENTUM HOLDINGS INC
2.2%
ALIBABA GROUP HOLDING
2.1%
LUMENTUM HOLDINGS INC
1.8%
LUMENTUM HOLDINGS INC
1.7%
BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES
1.3%
BLOOM ENERGY CORP
1.2%
LUMENTUM HOLDINGS INC
1.1%
COREWEAVE INC
1.0%
SEAGATE HDD CAYMAN
0.9%
Asset allocation
Convertible
85.4%
Bonds
15.6%
Stocks
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
18.0%Moderate
Year-on-year price swings
Max drawdown
-33.3%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.96Decent risk-adjusted returns
Sortino (3Y)
1.37Good downside protection
Bond profile
Duration
2.1 years
Credit ratings
A
4.8%
BBB
11.1%
BB
2.5%
B
1.1%
Below B
0.2%
Other
80.3%
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Tracks the investment results of the Bloomberg U.S. Convertible Cash Pay Bond ˃ $250MM Index.
- Strategy
- Invests primarily in U.S. dollar-denominated convertible securities, specifically cash pay bonds with outstanding issue sizes greater than $250 million. Seeks to track the Bloomberg U.S. Convertible Cash Pay Bond ˃ $250MM Index using a representative sampling indexing strategy.
- Inception date
- June 2, 2015
- Fund family
- iShares
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Data updated on 2026-09-18