Similar to equity ETFs, many bond ETFs have delivered competitive returns across a variety of sectors, ranking above median in many categories over the long-term.
In general, we would expect an index exposure to deliver the “market return.” However, many iShares bond ETFs have competitive performance relative to other ETFs and mutual funds.
While performance rankings change over time, certain iShares bond ETFs have tended to be above median of performance in their respective Morningstar categories.