iShares Total USD Fixed Income Market ETF

iShares Total USD Fixed Income Market ETF

About

iShares Total USD Fixed Income Market ETF (US46438G2407) is a US-listed bond ETF tracking the Bloomberg US Total Fixed Income Market Index. With a expense ratio of 0.09%, it ranks among the lowest-cost options in its category, paying distributions. The fund holds 1,041 positions across 40 regions with 30M in assets, with heavy concentration — 70% in United States, 46% in government 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%) 9.0 Tracking Difference: 9.2 · TD Consistency: — · Expense Ratio: 8.5
Liquidity (25%) 4.3 Assets Under Management

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

Ticker BTOT
ISIN
Fund Size $29.7M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Dec 2025
Base Currency USD
Index Bloomberg US Total Fixed Income Market Index
Asset Class Bonds
Category Aggregate Bond

Costs

9.0
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 0.09%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
YTD +0.63%
Since Inception

Holdings

This fund invests into 1,041 individual investments.
#1
BLACKROCK CASH CL INST SL AGENCY
6.05%
#2
FNMA 30YR UMBS
1.94%
#3
FHLMC 30YR UMBS SUPER
1.34%
#4
United States Treasury Note/Bond
1.07%
#5
BMARK_25-V18 A3
1.02%
#6
United States Treasury Note/Bond
1.02%
#7
United States Treasury Note/Bond
0.91%
#8
FNMA 30YR UMBS SUPER
0.87%
#9
United States Treasury Note/Bond
0.85%
#10
UMBS 15YR TBA(REG B)
0.84%
View all holdings (50)
# Holding Ticker Weight
1 BLACKROCK CASH CL INST SL AGENCY 605.20%
2 FNMA 30YR UMBS 193.89%
3 FHLMC 30YR UMBS SUPER 133.58%
4 United States Treasury Note/Bond 106.70%
5 BMARK_25-V18 A3 102.18%
6 United States Treasury Note/Bond 101.90%
7 United States Treasury Note/Bond 91.42%
8 FNMA 30YR UMBS SUPER 86.63%
9 United States Treasury Note/Bond 84.63%
10 UMBS 15YR TBA(REG B) 84.43%
11 United States Treasury Note/Bond 84.17%
12 United States Treasury Note/Bond 84.17%
13 UMBS 30YR TBA(REG A) 84.08%
14 United States Treasury Note/Bond 83.44%
15 FNMA 30YR UMBS 75.03%
16 United States Treasury Note/Bond 74.67%
17 Saudi Government International Bond 71.78%
18 Turkiye Government International Bond 70.67%
19 MDGH GMTN RSC Ltd 69.70%
20 Ginnie Mae II Pool 66.86%
21 Mexico Government International Bond 66.70%
22 GNMA2 30YR 66.65%
23 FNMA 30YR UMBS 66.61%
24 Ginnie Mae II Pool 66.23%
25 Israel Government International Bond 66.22%
26 Korea International Bond 64.03%
27 United States Treasury Note/Bond 60.94%
28 Fannie Mae Pool 60.89%
29 United States Treasury Note/Bond 60.59%
30 United States Treasury Note/Bond 60.49%
31 United States Treasury Note/Bond 60.25%
32 United States Treasury Note/Bond 59.62%
33 United States Treasury Note/Bond 58.82%
34 United States Treasury Note/Bond 56.55%
35 FNMA 30YR UMBS SUPER 55.83%
36 United States Treasury Note/Bond 55.17%
37 United States Treasury Note/Bond 54.99%
38 United States Treasury Note/Bond 54.26%
39 United States Treasury Note/Bond 52.78%
40 United States Treasury Note/Bond 52.77%
41 United States Treasury Note/Bond 52.15%
42 United States Treasury Note/Bond 51.84%
43 United States Treasury Note/Bond 51.61%
44 United States Treasury Note/Bond 51.05%
45 United States Treasury Note/Bond 50.67%
46 United States Treasury Note/Bond 50.48%
47 United States Treasury Note/Bond 50.14%
48 United States Treasury Note/Bond 50.06%
49 United States Treasury Note/Bond 49.32%
50 Freddie Mac Pool 49.16%

Sectors

Allocation by industry sector.
 
Sector Weight
Government Bonds 4575.00%
Corporate Bonds 2706.00%
Unknown 2321.00%
Securitized Bonds 443.00%
Financials 60.00%
Consumer Discretionary 18.00%
Materials 18.00%
Consumer Staples 10.00%
Health Care 10.00%
Industrials 10.00%
Energy 3.00%
Utilities 3.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
United States 6951.00%
UNKNOWN 1968.00%
Canada 138.00%
Saudi Arabia 72.00%
Türkiye 71.00%
United Arab Emirates 70.00%
SNAT 69.00%
Mexico 67.00%
Israel 66.00%
South Korea 64.00%
Cayman Islands 51.00%
United Kingdom 47.00%
Brazil 37.00%
Indonesia 37.00%
Chile 35.00%
Japan 29.00%
Argentina 23.00%
Australia 23.00%
Spain 18.00%
Germany 17.00%
Colombia 15.00%
Singapore 15.00%
Netherlands 14.00%
Panama 14.00%
Norway 13.00%
MULT 9.00%
Peru 8.00%
Poland 8.00%
France 6.00%
Hungary 6.00%
India 6.00%
Romania 6.00%
Italy 5.00%
Bermuda 4.00%
Switzerland 3.00%
Ecuador 3.00%
Liberia 3.00%
Luxembourg 3.00%
Ghana 2.00%
Ukraine 2.00%
XS 2.00%
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