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ETFs

iShares Interest Rate Hedged U.S. Aggregate Bond ETF

AGRH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 22, 2022
Expense Ratio
0.13%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$16,634
AUM
$5,140,570
Associated Index
BlackRock Interest Rate Hedged U.S. Aggregate Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
98.98%
n/a
Derivatives offset
88.60%
n/a
CASH COLLATERAL USD XBNPU
3.79%
XTSLA
BLK CSH FND TREASURY SL AGENCY
2.26%
n/a
USD CASH
0.71%
n/a
SWP: OIS 3.012500 11-JUL-2024
0.12%
n/a
CASH COLLATERAL USD XBNPU
0.06%
n/a
SWP: OIS 5.393767 07-JUL-2024 SOF
0.00%
n/a
DERIV USD BALANCE WITH R93533 CME
-0.08%
n/a
DERIV USD BALANCE WITH R93533 LCH
-5.85%
Invest with AGRH

What is AGRH?

The iShares Interest Rate Hedged U.S. Aggregate Bond ETF (the "Fund") seeks to track the investment results of an index designed to mitigate the interest rate risk of a portfolio composed of U.S. dollar-denominated, investment-grade bonds. It holds shares of the iShares Core U.S. Aggregate Bond ETF (AGG) and positions in interest rate swaps. It is used to manage interest rate risk or express a view on credit spreads.

ETFs related toAGRH

ETFs correlated to AGRH include LQDH, HYBL, CGMS

AGRH
BlackRock Institutional Trust Company N.A. - iShares Interest Rate Hedged U.S. Aggregate Bond ETF
LQDH
BlackRock Institutional Trust Company N.A. - iShares Interest Rate Hedged Corporate Bond ETF
HYBL
SSgA Active Trust - SPDR Blackstone High Income ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
UJB
ProShares Trust - ProShares Ultra High Yield 2x Shares
FALN
iShares Trust - iShares Fallen Angels USD Bond ETF
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
HYDB
BlackRock Institutional Trust Company N.A. - iShares High Yield Bond Factor ETF
SJNK
SPDR Series Trust - SPDR Bloomberg Short Term High Yield Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
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Create your own algorithmic trading strategy with AGRH using Composer

FAQ

AGRH is a US Bonds ETF. The iShares Interest Rate Hedged U.S. Aggregate Bond ETF (the "Fund") seeks to track the investment results of an index designed to mitigate the interest rate risk of a portfolio composed of U.S. dollar-denominated, investment-grade bonds. It holds shares of the iShares Core U.S. Aggregate Bond ETF (AGG) and positions in interest rate swaps. It is used to manage interest rate risk or express a view on credit spreads.

AGRH tracks the BlackRock Interest Rate Hedged U.S. Aggregate Bond Index.

No, AGRH is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, AGRH is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AGRH is 0.006%. This is the percent change in the value of AGRH over the most recent 1-month period. The 3-month return on AGRH is 0.0151%. This is the percent change in the value of AGRH over the most recent 3-month period.

The standard deviation of AGRH for the past year is 0.0222%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to AGRH include GVI, BLV, and BSV.

ETFs correlated to AGRH include LQDH, HYBL, and CGMS.

ETFs that are inversely correlated to AGRH include SJB, HIBS, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.