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ETFs

BlackRock Flexible Income ETF

BINC
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 19, 2023
Expense Ratio
0.4%
Type
Global Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,205,711
AUM
$153,518,965
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

BISXX
BLACKROCK CASH CL INST SL AGENCY
9.96%
—
Fannie Mae 3.5 % TBA MBS Single Family 30 Years Maturity Settles October
7.21%
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
3.33%
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
2.39%
NTF010125
Brazil 10 % Notas do Tesouro Nacional 2014-1.1.25 Series F
2.12%
BONOS241205
United Mex States 10 % Bonos 2005-5.12.24 Series M
1.48%
—
MEXICO (UNITED MEXICAN STATES) (GO
0.47%
—
Wintershall Dea Finance B.V. - 0.84% NT REDEEM 25/09/2025 EUR 100000
0.45%
—
ALM_20-1A A2 144A
0.4%
—
Bayer Capital Corporation B.V. - 1.50% NT REDEEM 26/06/2026 EUR 100000
0.38%
Invest with BINC
Trade BINC Options

What is BINC?

Under normal market conditions, the Fund will invest in a combination of fixed-income securities, including, but not limited to: high yield securities; obligations issued or guaranteed by the U.S. Government, its agencies or instrumentalities; mortgage-backed securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities, including U.S. agency mortgage pass-through securities; commercial mortgage-backed securities; non-agency residential mortgage-backed securities; mortgage to-be-announced securities; municipal securities; securitized assets such as asset-backed securities; dollar-denominated and non-dollar-denominated debt obligations of U.S. or foreign issuers, including emerging market issuers; and money market securities. Depending on market conditions, the Fund may invest in other market sectors. The Fund may also gain exposure to fixed-income securities through its investments in affiliated investment companies, including other exchange- traded funds, that invest in such securities. The Fund may invest more than 10% of its total assets in such affiliated investment companies.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

BINC
Performance Measures**

for the time period May 23, 2023 to Dec 4, 2025

Returns

1M Trailing Return: 0.6%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.5%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -2.4%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 3.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 2.51

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 3.35

The annualized return divided by the max drawdown for the selected time period.

ETFs related toBINC

ETFs correlated to BINC include IBDY, PYLD, CGMS

BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
IBDX
iShares Trust - iShares iBonds Dec 2032 Term Corporate ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate 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.

FAQ

BINC is a Global Bonds ETF. Under normal market conditions, the Fund will invest in a combination of fixed-income securities, including, but not limited to: high yield securities; obligations issued or guaranteed by the U.S. Government, its agencies or instrumentalities; mortgage-backed securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities, including U.S. agency mortgage pass-through securities; commercial mortgage-backed securities; non-agency residential mortgage-backed securities; mortgage to-be-announced securities; municipal securities; securitized assets such as asset-backed securities; dollar-denominated and non-dollar-denominated debt obligations of U.S. or foreign issuers, including emerging market issuers; and money market securities. Depending on market conditions, the Fund may invest in other market sectors. The Fund may also gain exposure to fixed-income securities through its investments in affiliated investment companies, including other exchange- traded funds, that invest in such securities. The Fund may invest more than 10% of its total assets in such affiliated investment companies.

Yes, BINC is actively 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.

No, BINC is not passively managed. It is actively 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 BINC is 0.0001%. This is the percent change in the value of BINC over the most recent 1-month period. The 3-month return on BINC is 0.0095%. This is the percent change in the value of BINC over the most recent 3-month period.

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

ETFs correlated to BINC include IBDY, PYLD, and CGMS.

ETFs that are inversely correlated to BINC include SJB, TBX, and PST.

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.