ILCB — iShares Morningstar U.S. Equity ETF

ILCB Price Performance — Growth of $10,000

Value of a $10,000 investment in ILCB over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

ILCB Drawdown

The "underwater" chart: ILCB's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Morningstar U.S. Equity ETF (ILCB) is a US Large Cap Blend fund issued by iShares with $1.30 billion in assets under management. It holds an overall grade of B, ranking 19th out of 19 peers in its category and 148th among all tracked ETFs. The fund’s 0.03% expense ratio sits below the category median of 0.06%, while its 0.94% dividend yield exceeds the peer average of 0.89%. Top holdings account for 37.7% of assets, with the largest position being NVIDIA CORP at 7.4%.

ILCB has demonstrated a strong upward trajectory, with returns accelerating from +0.25% over one month to +19.85% over the past year. This one-year performance of +19.85% trails the category median of +19.91% by a narrow margin. The fund’s price of $106.75 currently sits at 93.5% of its 52-week range, indicating it is near the top of its recent trading band. The ETFValuer grade was upgraded from C to B on 2026-07-30, reflecting this recent momentum. Historical data is available for only 3.0 years, which limits the depth of long-term trend analysis.

The fund exhibits a beta of 1.02, meaning it moves slightly more than the broader market. Annualized volatility of 12.92% is classified as Low, contributing to a Sharpe ratio of 1.15. Maximum drawdowns have reached -19.05%, highlighting the extent of recent declines. Liquidity is moderate, with an average daily volume of 13,228 shares and a bid/ask spread of 0.34%. These metrics collectively describe a fund that has delivered strong risk-adjusted returns despite modest liquidity constraints.

AI-generated summary based on the data on this page.

ILCB Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 37.7% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how ILCB's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With ILCB

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with ILCB's top 10 — XYLD overlaps most, holding 9 of the same companies as ILCB's top 10 (37.7% of ILCB's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

ILCB Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.34% and average daily volume is 13K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.30B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: ILCB is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

ILCB Performance History

How ILCB Compares to Other US Large Cap Blend ETFs