ATLASiShares Yield Optimized Bond ETF (BYLD): outlook, holdings and fees
iShares Yield Optimized Bond ETF (BYLD) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.18% and the yield is 5.57%. The ten largest holdings are 102% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on BYLD
| Last price | $21.87 (+0.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 68% |
| Likely 1-month range (50%) | $21.81 – $22.18 |
| Normal 1-day range (±1σ) | ±0.3% |
| Distribution yield | 5.57% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
BYLD fund facts
| Issuer | iShares |
|---|---|
| Theme | Bonds (broad) |
| Assets under management | $417M |
| Expense ratio | 0.18% |
| Number of holdings | 8 |
| Portfolio turnover | 38% |
| Inception | Apr 22, 2014 |
| Exchange | NYSE |
The fund will invest at least 80% of its assets in the component securities of the underlying index and to-be-announced transactions ("TBAs") that have economic characteristics that are substantially identical to the economic characteristics of the component securities of the underlying index. The underlying index is a broadly diversified fixed-income index that seeks to deliver current income while maintaining long-term capital appreciation.
BYLD top holdings
| Holding | Sector | Weight |
|---|---|---|
| iShares Systematic Bond ETF SYSB | – | 26.68% |
| iShares Broad USD High Yield Corporate Bond ETF USHY | – | 20.46% |
| iShares 5-10 Year Investment Grade Corporate Bond ETF IGIB | – | 17.22% |
| iShares J.P. Morgan EM Local Currency Bond ETF LEMB | – | 10.72% |
| iShares GNMA Bond ETF GNMA | – | 10.33% |
| iShares 10+ Year Investment Grade Corporate Bond ETF IGLB | – | 9.29% |
| iShares Edge Investment Grade Enhanced Bond ETF IGEB | – | 7.31% |
| BlackRock Cash Funds Treasury SL Agency XTSLA | – | 0.16% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
BYLD returns and risk
| Year to date | -1.3% |
|---|---|
| 1 year | -0.5% |
| 3 years (annualised) | +5.8% |
| 5 years (annualised) | +1.6% |
| 10 years (annualised) | +2.5% |
| Volatility (3 years) | 5.1% |
| Sharpe ratio (3 years) | 0.23 |
Past returns do not guarantee future results.
BYLD: frequently asked questions
What does BYLD invest in?
iShares Yield Optimized Bond ETF invests in a portfolio of securities. Its largest holdings are iShares Systematic Bond ETF (26.7%), iShares Broad USD High Yield Corporate Bond ETF (20.5%), iShares 5-10 Year Investment Grade Corporate Bond ETF (17.2%), iShares J.P. Morgan EM Local Currency Bond ETF (10.7%), iShares GNMA Bond ETF (10.3%).
What is the BYLD expense ratio?
0.18% a year: about $18.00 for every $10,000 invested.
What is the BYLD dividend yield?
5.57%. ATLAS does not hold the exact distribution dates for ETFs.
Will BYLD go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 68%, with a likely range (50%) of $21.81 to $22.18 from $21.87 today. It is a probability, not a prediction.
How has BYLD performed?
Year to date -1.3%, one year -0.5%, three years +5.8% a year, five years +1.6% a year. Past returns do not guarantee future results.
Similar ETFs: Bonds (broad)
- Vanguard Total Bond Market ETF (BND)
- Vanguard Tax-Exempt Bond ETF (VTEB)
- Vanguard Short-Term Bond ETF (BSV)
- JPMorgan Equity Premium Income ETF (JEPI)
- JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)
- Vanguard Intermediate-Term Bond ETF (BIV)
- NEOS S&P 500 High Income ETF (SPYI)
- Dimensional Core Fixed Income ETF (DFCF)
Educational information, not investment advice. Disclaimer