IBTH vs ICSH: Differences, Returns & Fees

On Jul 31, 2026 IBTH's duration was 0.9 years and ICSH's 0.7; IBTH charges 0.07% to ICSH's 0.08%. Net assets on Oct 20, 2026: $2.4bn for iShares iBonds Dec 2027 Term Treasury ETF and $9.0bn for iShares Ultra Short Duration Bond Active ETF.

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Answers cite the figures on this page.

IBTH costs 0.01 points a year less; their one-year returns differ by 0.7 points; ICSH is 3.8 times larger.

IBTH vs ICSH: Differences, Returns & Fees
IBTHICSH
Expense ratio0.07%0.08%
Net assets$2.4bn$9.0bn
Total return, 1 year+2.8%+3.5%
What it tracksICE 2027 Maturity US Treasury IndexNo index, actively managed
Holdings in common1%

Holdings in common uses holdings dated Jul 31, 2026.

+2.8%
IBTH total return, 1 year
+3.5%
ICSH total return, 1 year
0.07%
IBTH expense ratio
0.08%
ICSH expense ratio

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Client brief · page 1 of 2Report BR-5F4A4A6466

IBTH and ICSH are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IBTH follows ICE 2027 Maturity US Treasury Index and ICSH follows No index, actively managed.
  2. Holdings in common. 1% of the weight is in the same securities (holdings dated Jul 31, 2026).
  3. Number of holdings. IBTH holds 51 positions and ICSH holds 407.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, IBTH and ICSH hold 1% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

half

1% in common

Positions both hold, largest shared weight first
Holding IBTH ICSH
U.S. Treasury Notes, due Mar 31, 2027 2.69% 0.37%
U.S. Treasury Notes, due May 31, 2027 2.60% 0.31%
Only in IBTH
U.S. Treasury Notes, due Jan 31, 2027 2.93%
U.S. Treasury Notes, due Jun 30, 2027 2.78%
U.S. Treasury Notes, due Sep 30, 2027 2.75%
U.S. Treasury Notes, due Oct 31, 2027 2.71%
U.S. Treasury Notes, due Nov 30, 2027 2.69%
U.S. Treasury Notes, due Apr 30, 2027 2.68%
U.S. Treasury Notes, due Feb 28, 2027 2.68%
U.S. Treasury Notes, due Jul 31, 2027 2.67%
Only in ICSH
Banco Bilbao Vizcaya Argentaria/New York NY, due Mar 10, 2027 0.91%
BPCE SA, due May 6, 2027 0.91%
Marubeni Finance America LLC, due Aug 7, 2026 0.77%
Cooperatieve Rabobank UA/NY, due Nov 16, 2026 0.74%
Svenska Handelsbanken AB, due Apr 13, 2027 0.72%
Northwestern Mutual Global Funding, due Mar 30, 2029 0.70%
MIZUHO BK LTD NEW YORK BRH INS, due May 26, 2027 0.70%
Toyota Motor Credit Corp, due May 12, 2028 0.68%

Check overlap with more funds →

On the same fields

IBTH
iShares iBonds Dec 2027 Term Treasury ETF
ICSH
iShares Ultra Short Duration Bond Active ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Actively managed
Total return, 1 year +2.8% +3.5%
Expense ratio 0.07% 0.08%
Holdings 51 407
Net assets $2.4bn $9.0bn

IBTH and ICSH on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About IBTH

IBTH tracks an index. Over the year to Oct 20, 2026 it returned +2.8% with distributions reinvested. The prospectus expense ratio is 0.07% a year.

About ICSH

ICSH is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, IBTH or ICSH?
In the year to Oct 20, 2026, with distributions reinvested, IBTH returned +2.8% and ICSH +3.5%.
Which is cheaper, IBTH or ICSH?
IBTH is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, IBTH against ICSH, data as of Oct 20, 2026. https://etfiq.com/compare/any/ibth-vs-icsh

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.