ICVT Performance — iShares Convertible Bond ETF
Data updated: 2026-09-25
ICVT returned +15.99% year to date and +24.22% over one year to Jul 2026. Annualised returns are +15.43% over 3 years and +5.79% over 5 years. The fund beat its Preferred & Convertible category average: $100 invested three years ago grew to $154, against $146 for the category, and to $124 over one year, against $120. Volatility over the past three years was 12.91% a year. In the 12 months to Jul 2026 the fund took in a net $3.5B, and assets reached $7.19B.
ICVT Growth of $100
What $100 invested in iShares Convertible Bond ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Preferred & Convertible category average over the same months.
| Period | ICVT | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $124 | $120 |
| 3 years (Aug 2023 – Jul 2026) | $154 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $133 | $132 |
| Since data start (Aug 2019 – Jul 2026) | $232 | $198 |
ICVT Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.99% |
| 1 year | +24.22% |
| 3 years (annualised) | +15.43% |
| 5 years (annualised) | +5.79% |
ICVT Annual Returns
Calendar-year total returns of iShares Convertible Bond ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +15.99% |
| 2025 | +17.89% |
| 2024 | +10.69% |
| 2023 | +15.29% |
| 2022 | −20.86% |
| 2021 | −0.30% |
| 2020 | +61.66% |
| 2019 (Aug–Dec) | +4.38% |
ICVT Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.0% | +1.5% | −2.6% | +10.7% | +7.3% | +0.8% | −6.7% | — | — | — | — | — |
| 2025 | +3.1% | −1.4% | −2.7% | +1.5% | +2.7% | +3.7% | +2.9% | +2.4% | +5.8% | +3.5% | −2.6% | −1.9% |
| 2024 | −1.4% | +1.2% | +1.9% | −3.3% | +2.1% | +1.0% | +1.8% | +1.6% | +2.9% | +0.7% | +6.3% | −4.2% |
| 2023 | +6.4% | −1.2% | 0.0% | −1.6% | +1.3% | +5.3% | +2.8% | −2.6% | −2.3% | −4.0% | +5.1% | +5.9% |
| 2022 | −7.0% | +0.4% | +0.1% | −7.0% | −4.9% | −5.3% | +4.7% | +1.3% | −5.7% | +2.4% | +1.3% | −2.5% |
| 2021 | +3.4% | +3.8% | −5.2% | +2.8% | −1.9% | +3.4% | −2.1% | +2.0% | −2.0% | +2.6% | −4.8% | −1.7% |
| 2020 | +3.1% | −1.7% | −13.0% | +11.4% | +8.0% | +7.2% | +7.7% | +10.4% | −3.0% | −0.3% | +14.7% | +7.9% |
| 2019 | — | — | — | — | — | — | — | −2.3% | −1.3% | +1.8% | +3.5% | +2.8% |
ICVT Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.91%
- 3-year Sharpe ratio: 0.85 (vs 4.5% risk-free rate)
- Best month: +10.66% (Apr 2026)
- Worst month: −6.71% (Jul 2026)
ICVT Fund Flows
Monthly money in and out of iShares Convertible Bond ETF, from SEC Form N-PORT.
- 12-month net flow: $3.5B
- 12-month gross sales (incl. reinvestments): $4.0B
- Sales ÷ redemptions: 7.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $179.5M | $0 | $179.5M |
| Jun 2026 | $377.8M | $0 | $377.8M |
| May 2026 | $571.3M | $0 | $571.3M |
| Apr 2026 | $373.9M | $92.5M | $281.4M |
| Mar 2026 | $0 | $109.6M | −$109.6M |
| Feb 2026 | $579.9M | $142.1M | $437.9M |
| Jan 2026 | $816.6M | $0 | $816.6M |
| Dec 2025 | $314.3M | $0 | $314.3M |
| Nov 2025 | $368.5M | $0 | $368.5M |
| Oct 2025 | $387.7M | $0 | $387.7M |
| Sep 2025 | $14.9M | $0 | $14.9M |
| Aug 2025 | $0 | $167.3M | −$167.3M |
ICVT Assets Under Management
Net assets of iShares Convertible Bond ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $7.19B |
| 2026-04-30 | $6.08B |
| 2026-01-31 | $4.99B |
| 2025-10-31 | $3.46B |
| 2025-07-31 | $2.90B |
| 2025-04-30 | $2.40B |
| 2025-01-31 | $2.65B |
| 2024-10-31 | $2.23B |
| 2024-07-31 | $1.96B |
| 2024-04-30 | $1.86B |
| 2024-01-31 | $1.62B |
| 2023-10-31 | $1.33B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.