ETF Evaluator: iShares iBonds 1-5 Yr Trsy Ldr ETF () Follow This ETF

iShares iBonds 1-5 Yr Trsy Ldr ETF Overview

iShares iBonds 1-5 Yr Trsy Ldr ETF (LDRT) is a passively managed Taxable Bond Short Government exchange-traded fund (ETF). iShares launched the ETF in 2024.

The investment seeks to track the investment results of BlackRock iBonds® 1-5 Year Treasury Ladder Index. The underlying index is composed exclusively of underlying iShares iBonds Treasury ETFs that themselves seek investment results corresponding to their own underlying indexes. Under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in component securities and instruments in the fund’s underlying index and/or bonds included in the underlying index of the underlying funds.

About iShares iBonds 1-5 Yr Trsy Ldr ETF (LDRT)

There are 4 members of the management team with an average tenure of 1.43 years: Jennifer Hsui (2024), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Bloomberg US Universal TR USD index with a weighting of 100% and BlackRock iBonds 1-5 Y Trsy Ldr TR USD index with a weighting of 100%. iShares iBonds 1-5 Yr Trsy Ldr ETF has 7 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

iShares iBonds 1-5 Yr Trsy Ldr ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. iShares iBonds 1-5 Yr Trsy Ldr ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.7% (99.7% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares iBonds 1-5 Yr Trsy Ldr ETF has 0.3% of the portfolio in cash.

Assets Under Management

The fund has $209 million in total assets, which is below the $3 billion average for the Short Government category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

LDRT Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares iBonds 1-5 Yr Trsy Ldr ETF expense ratio is low compared to funds in the Short Government category. iShares iBonds 1-5 Yr Trsy Ldr ETF has an expense ratio of 0.07%, which is 52% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares iBonds 1-5 Yr Trsy Ldr ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 190% for the Short Government category.

Recently, in the month of July 2026, iShares iBonds 1-5 Yr Trsy Ldr ETF returned -0.2%, which earned it a grade of F, as the Short Government category had an average return of 0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

iShares iBonds 1-5 Yr Trsy Ldr ETF has a trailing yield of 3.77%, which is below the 4.28% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

iShares iBonds 1-5 Yr Trsy Ldr ETF Grades

Year to date, the ETF has returned 0.5%, 0.6 percentage points worse than the category, which translates into a grade of D. The fund has returned 3.0% over the past year (grade of D).

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