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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)
$361,226
AUM
$99,812,699
Associated Index
Morningstar U.S. Bond Market Yield-Optimized Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
29.89%
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
19.96%
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
17.26%
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
10.29%
MBB
BlackRock Institutional Trust Company N.A. - iShares MBS ETF
10.11%
FLOT
BlackRock Institutional Trust Company N.A. - iShares Floating Rate Bond ETF
9.84%
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
2.55%
XTSLA
BLK CSH FND TREASURY SL AGENCY
0.10%
n/a
USD CASH
0.00%
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 CLOZ, KORP, PCRB

BYLDBlackRock Institutional Trust Company N.A. - iShares Yield Optimized Bond ETF
CLOZSeries Portfolios Trust - Panagram BBB-B CLO ETF
Expense Ratio0.50%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
KORPAmerican Century ETF Trust - American Century Diversified Corporate Bond ETF
PCRBPutnam ETF Trust - Putnam ESG Core Bond ETF
FIBRBlackRock Institutional Trust Company N.A. - iShares U.S. Fixed Income Balanced Risk Factor ETF
DIALColumbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
CGMSCapital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
RFCIALPS Advisors Inc - RiverFront Dynamic Core Income ETF
SKORFlexShares Trust - FlexShares Credit-Scored US Corporate Bond Index Fund
SIOTouchstone ETF Trust - Touchstone Strategic Income Opportunities ETF
BSCSInvesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2028 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.

Disclaimers

*

We show information directly obtained from our data provider, XigniteData 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 providerInformation 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.