Fixed Income


iShares 1-5 Year Laddered Corporate Bond Index ETF





Growth of Hypothetical $10,000

Performance chart data not available for display.
View full chart


Interactive chart displaying fund performance. Javascript is required.

View full chart


  1y 3y 5y 10y Incept.
2.66 0.16 1.58 1.63 2.56
Benchmark (%) 2.94 0.46 1.87 1.94 3.02
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
2.64 0.68 0.94 3.94 2.66 0.49 8.18 17.49 43.17
Benchmark (%) 2.74 0.71 0.99 4.06 2.94 1.38 9.70 21.13 52.48
  2018 2019 2020 2021 2022
Total Return (%) 1.37 4.20 5.87 -1.11 -4.64
Benchmark (%) 1.68 4.48 6.18 -0.83 -4.37

Key Facts

Key Facts

Net Assets as of May 26, 2023 CAD 758,116,197
Commencement Date Feb 25, 2009
Exchange Toronto Stock Exchange
Asset Class Fixed Income
Benchmark Index FTSE Canada 1-5 Year Laddered Corporate Bond Index™
Units Outstanding as of May 26, 2023 44,100,000
Number of Holdings as of May 26, 2023 354
CUSIP 46433Q102
Price as of May 26, 2023 17.18
Options Available No

Portfolio Characteristics

Portfolio Characteristics

Investment Program* PACC / SWP / DRIP
Eligible for Registered Plans Yes
Distribution Frequency Monthly
Last Distribution per Share as of May 17, 2023 0.04
DRIP Price as of Apr 24, 2023 17.39
Distribution Yield as of May 25, 2023 2.79%
Weighted Avg YTM as of May 25, 2023 5.26%
12m Trailing Yield as of May 25, 2023 2.71%
Weighted Avg Coupon as of May 25, 2023 2.89%
Effective Duration as of May 25, 2023 2.51 yrs
Weighted Avg Maturity as of May 25, 2023 3.01 yrs

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.

The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.

Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of May 19, 2023 AA
MSCI ESG % Coverage as of May 19, 2023 87.75
MSCI ESG Quality Score (0-10) as of May 19, 2023 7.62
MSCI ESG Quality Score - Peer Percentile as of May 19, 2023 96.91
Fund Lipper Global Classification as of May 19, 2023 Bond CAD Short Term
Funds in Peer Group as of May 19, 2023 97
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of May 19, 2023 103.18
MSCI Weighted Average Carbon Intensity % Coverage as of May 19, 2023 88.84
MSCI Implied Temperature Rise (0-3.0+ °C) as of May 19, 2023 > 2.5° - 3.0° C
MSCI Implied Temperature Rise % Coverage as of May 19, 2023 75.48
View historical Sustainability Characteristics

What is the Implied Temperature Rise (ITR) metric? Learn what the metric means, how it is calculated, and about the assumptions and limitations for this forward-looking climate-related metric.

Climate change is one of the greatest challenges in human history and will have profound implications for investors. To address climate change, many of the world's major countries have signed the Paris Agreement. The temperature goal of the Paris Agreement is to limit global warming to well below 2°C above pre-industrial levels, and ideally 1.5 °C, which will help us avoid the most severe impacts of climate change.

What is the ITR metric?

The ITR metric is used to provide an indication of alignment to the temperature goal of the Paris Agreement for a company or a portfolio. Scientific consensus suggests that reducing emissions until they reach net zero around mid-century (2050-2070) is how this goal could be met. A net zero emissions economy is one that balances emissions and removals.

How is the ITR metric calculated?

The ITR metric is calculated by looking at the current emissions intensity of companies within the fund's portfolio as well as the potential for those companies to reduce its emissions over time. If emissions in the global economy followed the same trend as the emissions of companies within the fund's portfolio, global temperatures would ultimately rise within this band.

Note, only corporate issuers are covered within the calculation. A summary explanation of MSCI’s methodology and assumptions for its ITR metric can be found here.

Because the ITR metric is calculated in part by considering the potential for a company within the fund’s portfolio to reduce its emissions over time, it is forward-looking and prone to limitations. As a result, BlackRock publishes MSCI’s ITR metric for its funds in temperature range bands. The bands help to underscore the underlying uncertainty in the calculations and the variability of the metric.

Thermometer-style chart of yellow to red temperature bands showing an investment’s position relative to the Paris Agreement temperature goals. Metric data source MSCI

What are the key assumptions and limitations of the ITR metric?

This forward-looking metric is calculated based on a model, which is dependent upon multiple assumptions. Also, there are limitations with the data inputs to the model. Importantly, an ITR metric may vary meaningfully across data providers for a variety of reasons due to methodological choices (e.g., differences in time horizons, the scope(s) of emissions included and portfolio aggre