iShares Convertible Bond ETF

iShares Convertible Bond ETF

About

iShares Convertible Bond ETF (US46435G1022) is a US-listed bond ETF tracking the Bloomberg U.S. Convertible Cash Pay Bond>$250MM Index. With a expense ratio of 0.2%, it is competitively priced, paying distributions. The fund holds 370 positions across 1 region with 7.5B 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%) 8.5 Tracking Difference: 9.8 · TD Consistency: — · Expense Ratio: 5.5
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 ICVT
ISIN
Fund Size $7.5B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Jun 2015
Base Currency USD
Index Bloomberg U.S. Convertible Cash Pay Bond>$250MM Index
Asset Class Bonds
Category Convertible Bond

Costs

8.5
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 0.20%

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 +40.97%
3 Years +20.99%
5 Years +7.37%
10 Years +13.86%
YTD +23.36%
Since Inception +11.85%

Holdings

This fund invests into 370 individual investments.
#1
WESTERN DIGITAL CORPORATION
8.17%
#2
ALIBABA GROUP HOLDING LTD
1.63%
#3
LUMENTUM HOLDINGS INC 144A
1.51%
#4
LUMENTUM HOLDINGS INC
1.40%
#5
COREWEAVE INC 144A
1.29%
#6
BLOOM ENERGY CORPORATION 144A
1.25%
#7
NEBIUS GROUP NV 144A
1.20%
#8
MKS INSTRUMENTS INC
0.98%
#9
NEBIUS GROUP NV 144A
0.91%
#10
NEBIUS GROUP NV 144A
0.91%
View all holdings (50)
# Holding Ticker Weight
1 WESTERN DIGITAL CORPORATION 817.09%
2 ALIBABA GROUP HOLDING LTD 163.18%
3 LUMENTUM HOLDINGS INC 144A 151.00%
4 LUMENTUM HOLDINGS INC 140.25%
5 COREWEAVE INC 144A 128.83%
6 BLOOM ENERGY CORPORATION 144A 125.33%
7 NEBIUS GROUP NV 144A 120.48%
8 MKS INSTRUMENTS INC 98.34%
9 NEBIUS GROUP NV 144A 91.03%
10 NEBIUS GROUP NV 144A 90.96%
11 COREWEAVE INC 144A 90.28%
12 NEBIUS GROUP NV 144A 83.44%
13 IREN LTD 144A 81.34%
14 DIGITALOCEAN HOLDINGS INC 144A 72.92%
15 NEBIUS GROUP NV 144A 72.68%
16 NEBIUS GROUP NV 144A 72.21%
17 GAMESTOP CORP 144A 69.66%
18 CIPHER MINING INC 144A 68.68%
19 AKAMAI TECHNOLOGIES INC 144A 68.01%
20 DOORDASH INC 66.27%
21 MP MATERIALS CORP 144A 64.88%
22 TERAWULF INC 144A 63.54%
23 CLOUDFLARE INC 62.12%
24 SEAGATE HDD CAYMAN 60.25%
25 WELLTOWER OP LLC 144A 58.26%
26 APPLIED DIGITAL CORP 57.59%
27 PG&E CORPORATION 57.02%
28 SUPER MICRO COMPUTER INC 144A 54.31%
29 UBER TECHNOLOGIES INC 54.09%
30 ON SEMICONDUCTOR CORPORATION 53.33%
31 JD.COM INC 52.02%
32 LIBERTY LIVE HOLDINGS INC 144A 50.64%
33 SNOWFLAKE INC 49.65%
34 ZOETIS INC 144A 48.34%
35 ONTO INNOVATION INC 144A 48.11%
36 ON SEMICONDUCTOR CORPORATION 48.03%
37 CHECK POINT SOFTWARE TECHNOLOGIES 144A 47.72%
38 STRATEGY INC 47.13%
39 RIVIAN AUTOMOTIVE INC 46.79%
40 GLOBAL PAYMENTS INC 46.37%
41 VISHAY INTERTECHNOLOGY INC. 46.04%
42 TERAWULF INC 144A 45.87%
43 SNOWFLAKE INC 45.84%
44 RIVIAN AUTOMOTIVE INC 45.19%
45 KNIGHT-SWIFT TRANSPORTATION HOLDIN 144A 44.92%
46 TERAWULF INC 144A 44.90%
47 SOFI TECHNOLOGIES INC 144A 44.77%
48 AKAMAI TECHNOLOGIES INC 144A 44.74%
49 WELLTOWER OP LLC 144A 44.49%
50 SOUTHERN CO 43.62%

Sectors

Allocation by industry sector.
 
Sector Weight
Unknown 9980.00%
Technology 11.00%
Health Care 9.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
UNKNOWN 9980.00%
United States 20.00%
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