iShares Flexible Income Active ETF

iShares Flexible Income Active ETF

About

iShares Flexible Income Active ETF (US0925286033) is a US-listed bond ETF tracking the BBG U.S. Universal Index (USD). With a expense ratio of 0.4%, it is moderately priced, paying distributions. The fund holds 4,889 positions across 83 regions with 16.2B in assets.

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%) 7.8 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 2.8
Liquidity (25%) 10.0 Assets Under Management

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

Ticker BINC
ISIN
Fund Size $16.2B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception May 2023
Base Currency USD
Index BBG U.S. Universal Index (USD)
Asset Class Bonds

Costs

7.8
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 0.40%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year +6.20%
3 Years +7.38%
5 Years
10 Years
YTD +1.14%
Since Inception +7.36%

Holdings

This fund invests into 4,889 individual investments.
#1
BLACKROCK CASH CL INST SL AGENCY
6.40%
#2
UMBS 30YR TBA(REG A)
6.29%
#3
UMBS 30YR TBA(REG A)
3.23%
#4
UMBS 30YR TBA(REG A)
2.36%
#5
CASH COLLATERAL MORGAN STANLEY INT
1.74%
#6
UMBS 30YR TBA(REG A)
1.60%
#7
ISHARES IBOXX $ HIGH YIELD CORPORA
1.28%
#8
Spain Government Bond
0.98%
#9
Spain Government Bond
0.98%
#10
Italy Buoni Poliennali Del Tesoro
0.86%
View all holdings (50)
# Holding Ticker Weight
1 BLACKROCK CASH CL INST SL AGENCY BISXX 640.30%
2 UMBS 30YR TBA(REG A) UM30 629.39%
3 UMBS 30YR TBA(REG A) UM30 323.02%
4 UMBS 30YR TBA(REG A) UM30 236.19%
5 CASH COLLATERAL MORGAN STANLEY INT MSCO 173.59%
6 UMBS 30YR TBA(REG A) UM30 160.37%
7 ISHARES IBOXX $ HIGH YIELD CORPORA HYG 128.47%
8 Spain Government Bond SPGB 98.27%
9 Spain Government Bond SPGB 98.19%
10 Italy Buoni Poliennali Del Tesoro BTPS 86.38%
11 UMBS 30YR TBA(REG A) UM30 80.53%
12 Italy Buoni Poliennali Del Tesoro BTPS 76.20%
13 MORGAN STANLEY FINANCE LLC MTN 144A MS 75.63%
14 ISHARES IBOXX $ INV GRADE CORPORAT LQD 73.49%
15 CATURUS 1L NOTES 144A CATHOLD 60.26%
16 Brazil Notas Do Tesouro Nacional Serie BNTNF 49.67%
17 French Republic Government Bond OAT FRTR 48.24%
18 Italy Buoni Poliennali Del Tesoro BTPS 47.66%
19 GS FINANCE CORP MTN GS 46.88%
20 BRAZIL FEDERATIVE REPUBLIC OF (GOV BLTN 46.55%
21 Spain Government Bond SPGB 45.30%
22 Republik Südafrika Staatsanleihe SAGB 38.49%
23 Italy Buoni Poliennali Del Tesoro BTPS 36.60%
24 Republic of South Africa Government Bond SAGB 35.71%
25 GS FINANCE CORP GS 33.70%
26 BIGSKY (CLASS A2) Prvt BIGSKY 31.08%
27 COREWEAVE COMPUTE ACQUISITION CO V DDTL CRWV 30.66%
28 Beignet Investor LLC RPLDCI 30.35%
29 MEXICO (UNITED MEXICAN STATES) (GO MBONO 30.13%
30 CASH COLLATERAL USD SGAFT SGAFT 29.43%
31 GS FINANCE CORP GS 28.05%
32 UMBS 30YR TBA(REG A) UM30 27.69%
33 EUR/USD EUR 26.41%
34 UMBS 30YR TBA(REG A) UM30 26.03%
35 Spain Government Bond SPGB 25.46%
36 CITIGROUP INC C 24.38%
37 GOLDMAN SACHS BANK USA GS 24.31%
38 Colombian TES COLTES 21.15%
39 WARNER BROS (DISC GLBL HLDNGS INC) TL-B WBD 20.82%
40 PHILIPPINES (REPUBLIC OF) RPGB 20.41%
41 IDR CASH IDR 20.13%
42 Bonos de la Tesoreria de la Republica en pesos BTPCL 19.89%
43 MXN CASH MXN 19.38%
44 Petroleos Mexicanos PEMEX 18.87%
45 ARDONAGH FINCO LTD RegS ARDGRP 18.11%
46 EDGE FINCO PLC RegS EDFINC 17.61%
47 BARC_26-NQM4 PT2 144A BARC_26-NQM4-PT2 17.18%
48 VZ SECURED FI 5.25% Jan33 ZIGGO 17.05%
49 MAXAM PRILL SARL RegS MXPRLL 16.91%
50 GS FINANCE CORP GS 16.14%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 7657.00%
Government Bonds 983.00%
Corporate Bonds 774.00%
Consumer Discretionary 380.00%
Financials 192.00%
Materials 147.00%
Industrials 132.00%
Health Care 113.00%
Securitized Bonds 109.00%
Technology 102.00%
Utilities 93.00%
Consumer Staples 49.00%
Energy 41.00%
Real Estate 10.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 6243.00%
United States 1422.00%
Italy 353.00%
Spain 297.00%
France 244.00%
United Kingdom 219.00%
Germany 147.00%
Luxembourg 113.00%
Netherlands 96.00%
Japan 80.00%
Mexico 77.00%
Hungary 47.00%
South Africa 45.00%
Poland 44.00%
Canada 40.00%
Colombia 39.00%
Australia 33.00%
Chile 29.00%
Romania 27.00%
Switzerland 25.00%
Finland 21.00%
Ireland 20.00%
Indonesia 18.00%
Jersey 18.00%
MULT 18.00%
Denmark 17.00%
Egypt 17.00%
Cayman Islands 17.00%
Türkiye 16.00%
Ghana 12.00%
Nigeria 12.00%
Austria 11.00%
Bermuda 11.00%
Pakistan 11.00%
Saudi Arabia 10.00%
Sweden 10.00%
Uzbekistan 9.00%
Greece 8.00%
Portugal 8.00%
Kenya 7.00%
South Korea 7.00%
Peru 7.00%
Czechia 6.00%
Dominican Republic 6.00%
Gabon 6.00%
Jordan 6.00%
Belgium 5.00%
Sri Lanka 5.00%
Slovenia 5.00%
Benin 4.00%
Bolivia 4.00%
El Salvador 4.00%
United Arab Emirates 3.00%
Côte d’Ivoire 3.00%
Kyrgyzstan 3.00%
Lebanon 3.00%
Singapore 3.00%
Thailand 3.00%
Zambia 3.00%
Angola 2.00%
Cameroon 2.00%
Israel 2.00%
Kazakhstan 2.00%
Philippines 2.00%
Argentina 1.00%
Congo - Kinshasa 1.00%
Congo - Brazzaville 1.00%
China 1.00%
Ecuador 1.00%
Hong Kong SAR China 1.00%
Morocco 1.00%
Mongolia 1.00%
Mauritius 1.00%
Mozambique 1.00%
New Zealand 1.00%
Serbia 1.00%
British Virgin Islands 1.00%
Bulgaria 0.00%
Bahrain 0.00%
Isle of Man 0.00%
India 0.00%
Suriname 0.00%
Trinidad & Tobago 0.00%
Ukraine 0.00%
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