Skip to Content
ETFs

iShares Yield Optimized Bond ETF

BYLD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 22 2014
Expense Ratio
0.20%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$878,713
AUM
$88,518,962
Associated Index
Morningstar U.S. Bond Market Yield-Optimized Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
29.92%
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
20.05%
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
14.15%
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
9.99%
MBB
BlackRock Institutional Trust Company N.A. - iShares MBS ETF
9.96%
FLOT
BlackRock Institutional Trust Company N.A. - iShares Floating Rate Bond ETF
9.91%
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
5.84%
XTSLA
BLK CSH FND TREASURY SL AGENCY
0.16%
n/a
USD CASH
0.01%
Invest with BYLD

What is BYLD?

The iShares Yield Optimized Bond ETF fund seeks to track the investment results of an index composed of underlying fixed income funds that collectively seek to deliver current income.

ETFs related toBYLD

ETFs correlated to BYLD include DIAL, AOK, CGMS

BYLD
BlackRock Institutional Trust Company N.A. - iShares Yield Optimized Bond ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
VWOB
Vanguard Group, Inc. - Vanguard Emerging Markets Government Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
BSCS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2028 Corporate Bond ETF
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
BSCR
Invesco Capital Management LLC - Invesco BulletShares 2027 Corporate Bond ETF
SPIB
SSgA Active Trust - SPDR Portfolio Intermediate Term 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.

Automated Strategies
Related toBYLD

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with BYLD using Composer

FAQ

BYLD is a US Bonds ETF. The iShares Yield Optimized Bond ETF fund seeks to track the investment results of an index composed of underlying fixed income funds that collectively seek to deliver current income.

BYLD tracks the Morningstar U.S. Bond Market Yield-Optimized Index.

No, BYLD 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, BYLD 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 BYLD is -0.0012%. This is the percent change in the value of BYLD over the most recent 1-month period. The 3-month return on BYLD is 0.0183%. This is the percent change in the value of BYLD over the most recent 3-month period.

The standard deviation of BYLD for the past year is 0.0671%. 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 BYLD include MINT, BIV, and BLV.

ETFs correlated to BYLD include DIAL, AOK, and CGMS.

ETFs that are inversely correlated to BYLD 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.