Overview
Investment-grade bonds from outside the US, currency-hedged to dollars — BlackRock's answer to BNDX at the same 0.07% fee.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| — | Japanese & European government bonds | ~55% |
| — | IG corporates ex-US | ~25% |
| — | Other sovereign & agency | ~20% |
Fund Details
Investment Thesis
IAGG and BNDX are functional twins: hedged international investment-grade bonds that diversify a US-only bond sleeve across foreign rate cycles without importing currency swings. The choice between them is ecosystem preference — iShares versus Vanguard — since fee, exposure and behaviour are nearly identical. What both deliver is exposure to central banks other than the Fed, which is the entire diversification argument.
Who It's For
Portfolio builders completing a globally diversified bond allocation. Pick this or BNDX by account convenience; owning both is redundant.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $42.18 | -- |
| 2017 | $43.19 | +2.4% |
| 2018 | $44.53 | +3.1% |
| 2019 | $48.05 | +7.9% |
| 2020 | $50.26 | +4.6% |
| 2021 | $49.10 | -2.3% |
| 2022 | $42.82 | -12.8% |
| 2023 | $45.90 | +7.2% |
| 2024 | $47.46 | +3.4% |
| 2025 | $49.41 | +4.1% |
| Year | Yield |
|---|---|
| 2016 | 2.10% |
| 2017 | 2.10% |
| 2018 | 2.30% |
| 2019 | 2.60% |
| 2020 | 2.20% |
| 2021 | 1.40% |
| 2022 | 1.20% |
| 2023 | 2.60% |
| 2024 | 4.10% |
| 2025 | 3.69% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $2.0B | -- |
| 2017 | $2.4B | +20.0% |
| 2018 | $2.8B | +16.7% |
| 2019 | $3.3B | +17.9% |
| 2020 | $3.9B | +18.2% |
| 2021 | $4.6B | +17.9% |
| 2022 | $5.5B | +19.6% |
| 2023 | $6.4B | +16.4% |
| 2024 | $7.6B | +18.7% |
| 2025 | $9.0B | +18.4% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
Related Bonds & Treasuries ETFs
Markets. Intelligence. Daily.
Full briefs on 251 ETFs, curated daily ETF news, and a free weekly deep-dive newsletter — all on ETFHub.
Get the Free Weekly Brief Explore the ETF Portal Official Fund Page →