iShares Systematic Bond ETF

iShares Systematic Bond ETF

About

iShares Systematic Bond ETF (US46435U7963) is a US-listed bond ETF tracking the BlackRock Universal Systematic Bond Index. With a expense ratio of 0.25%, it is moderately priced, paying distributions. The fund holds 864 positions across 12 regions with 1.1B in assets, with heavy concentration — 78% in United States, 36% in corporate bonds.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 8.4 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 4.6
Liquidity (25%) 8.2 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker SYSB
ISIN
Fund Size $1.1B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Feb 2015
Base Currency USD
Index BlackRock Universal Systematic Bond Index
Asset Class Bonds
Category Aggregate Bond

Costs

8.4
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.25%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +5.77%
3 Years +6.82%
5 Years +1.63%
10 Years +2.40%
YTD +0.43%
Since Inception +2.41%

Holdings

This fund invests into 864 individual investments.
#1
BLACKROCK CASH CL INST SL AGENCY
7.69%
#2
United States Treasury Note/Bond
3.38%
#3
United States Treasury Note/Bond
3.36%
#4
United States Treasury Note/Bond
2.44%
#5
United States Treasury Note/Bond
2.17%
#6
United States Treasury Note/Bond
2.06%
#7
United States Treasury Note/Bond
1.76%
#8
United States Treasury Note/Bond
1.57%
#9
United States Treasury Note/Bond
1.53%
#10
United States Treasury Note/Bond
1.49%
View all holdings (50)
# Holding Ticker Weight
1 BLACKROCK CASH CL INST SL AGENCY 768.92%
2 United States Treasury Note/Bond 338.24%
3 United States Treasury Note/Bond 335.74%
4 United States Treasury Note/Bond 243.92%
5 United States Treasury Note/Bond 217.01%
6 United States Treasury Note/Bond 205.87%
7 United States Treasury Note/Bond 175.59%
8 United States Treasury Note/Bond 157.25%
9 United States Treasury Note/Bond 153.00%
10 United States Treasury Note/Bond 149.13%
11 United States Treasury Note/Bond 148.49%
12 United States Treasury Note/Bond 144.76%
13 United States Treasury Note/Bond 138.84%
14 United States Treasury Note/Bond 134.41%
15 United States Treasury Note/Bond 127.49%
16 United States Treasury Note/Bond 115.72%
17 UMBS 30YR TBA(REG A) 115.01%
18 United States Treasury Note/Bond 112.97%
19 United States Treasury Note/Bond 108.89%
20 United States Treasury Note/Bond 101.83%
21 UMBS 30YR TBA(REG A) 85.99%
22 United States Treasury Note/Bond 83.05%
23 UMBS 15YR TBA(REG B) 74.61%
24 Freddie Mac Pool 73.68%
25 GNMA2 30YR TBA(REG C) 53.75%
26 Fannie Mae Pool 42.75%
27 FNMA 30YR UMBS 40.95%
28 UMBS 30YR TBA(REG A) 39.84%
29 UMBS 30YR TBA(REG A) 39.59%
30 Ginnie Mae II Pool 38.28%
31 FHLMC 30YR UMBS SUPER 37.09%
32 FNMA 30YR UMBS SUPER 32.68%
33 UMBS 30YR TBA(REG A) 29.90%
34 FHLMC 30YR UMBS SUPER 29.07%
35 Fannie Mae Pool 29.05%
36 FHLMC 30YR UMBS 26.82%
37 Salesforce Inc 26.43%
38 Ginnie Mae II Pool 26.21%
39 UMBS 30YR TBA(REG A) 25.85%
40 Ginnie Mae II Pool 25.84%
41 Ginnie Mae II Pool 25.35%
42 UMBS 30YR TBA(REG A) 24.46%
43 GNMA2 30YR TBA(REG C) 24.01%
44 Ginnie Mae II Pool 22.97%
45 GNMA2 30YR TBA(REG C) 22.40%
46 GNMA2 30YR 22.16%
47 FNMA 30YR UMBS SUPER 21.69%
48 Bank of America Corp 21.22%
49 ArcelorMittal SA 20.82%
50 Ginnie Mae II Pool 20.42%

Sectors

Allocation by industry sector.
 
Sector Weight
Corporate Bonds 3570.00%
Government Bonds 3211.00%
Unknown 2529.00%
Securitized Bonds 530.00%
Consumer Discretionary 198.00%
Financials 173.00%
Materials 129.00%
Health Care 43.00%
Technology 33.00%
Utilities 18.00%
Industrials 17.00%
Energy 15.00%
Consumer Staples 11.00%
Real Estate 2.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
United States 7842.00%
UNKNOWN 1658.00%
United Kingdom 159.00%
Canada 137.00%
Japan 39.00%
Australia 35.00%
MULT 35.00%
Luxembourg 23.00%
Bermuda 20.00%
Ireland 17.00%
Liberia 16.00%
France 15.00%
Denmark 4.00%
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