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FlexShares Core Select Bond Fund

BNDC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 18 2016
Expense Ratio
0.35%
Type
US Bonds
Fund Owner
Flexshares (Northern Trust)
Volume (1m avg. daily)
$483,301
AUM
$170,329,730
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

MBB
BlackRock Institutional Trust Company N.A. - iShares MBS ETF
15.92%
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF
12.62%
MBSD
FlexShares Trust - FlexShares Disciplined Duration MBS Index Fund
9.36%
RAVI
FlexShares Trust - FlexShares Ultra-Short Income Fund
8.95%
IGLB
BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond ETF
8.78%
TLT
BlackRock Institutional Trust Company N.A. - iShares 20+ Year Treasury Bond ETF
8.50%
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
7.53%
SKOR
FlexShares Trust - FlexShares Credit-Scored US Corporate Bond Index Fund
6.61%
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
6.38%
n/a
US 2YR NOTE (CBT) BOND 31/MAR/2023 TUH3 COMDTY
5.81%
Invest with BNDC

What is BNDC?

FlexShares Core Select Bond Fund (BNDC) seeks total return and preservation of capital. Construct a fixed income portfolio, based on Northern Trusts forecast, implementing active top down decisions primarily using passively managed, rules based fixed income sector ETFs. Actively manage portfolio adjusting to potential changes in interest rate levels, the shape of the yield curve and credit spread relationships while emphasizing liquidity and diversification.

ETFs related toBNDC

ETFs correlated to BNDC include AGG, SCHZ, NUBD

BNDC
FlexShares Trust - FlexShares Core Select Bond Fund
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
NUBD
Nuveen Fund Advisors LLC - NuShares ESG U.S. Aggregate Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
FLCB
Franklin Templeton ETF Trust - Franklin U.S. Core Bond ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
BBAG
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Aggregate Bond ETF
EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income 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
Related toBNDC

#IDX

Equity Index Rotation

Category

Getting Started

Risk Rating

Moderate

#TOTAL

The Total Package

Category

Getting Started, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with BNDC using Composer

FAQ

BNDC is a US Bonds ETF. FlexShares Core Select Bond Fund (BNDC) seeks total return and preservation of capital. Construct a fixed income portfolio, based on Northern Trusts forecast, implementing active top down decisions primarily using passively managed, rules based fixed income sector ETFs. Actively manage portfolio adjusting to potential changes in interest rate levels, the shape of the yield curve and credit spread relationships while emphasizing liquidity and diversification.

The top holdings for BNDC include BlackRock Institutional Trust Company N.A. - iShares MBS ETF, BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF, and FlexShares Trust - FlexShares Disciplined Duration MBS Index Fund.

BNDC has 16 total holdings.

Yes, BNDC 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, BNDC 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 BNDC is 0.0027%. This is the percent change in the value of BNDC over the most recent 1-month period. The 3-month return on BNDC is 0.0573%. This is the percent change in the value of BNDC over the most recent 3-month period.

The standard deviation of BNDC for the past year is 0.082%. 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 BNDC include BSV, FLOT, and GSY.

ETFs correlated to BNDC include AGG, SCHZ, and NUBD.

ETFs that are inversely correlated to BNDC include PST, TBX, and TYO.

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.