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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)
$469,330
AUM
$94,760,512
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
27.62%
HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
19.99%
IGLB
BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond ETF
12.30%
FLOT
BlackRock Institutional Trust Company N.A. - iShares Floating Rate Bond ETF
10.05%
AGZ
BlackRock Institutional Trust Company N.A. - iShares Agency Bond ETF
10.00%
MBB
BlackRock Institutional Trust Company N.A. - iShares MBS ETF
9.95%
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets Bond ETF
9.92%
XTSLA
BLK CSH FND TREASURY SL AGENCY
0.15%
n/a
USD CASH
0.02%
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 IBDY, PYLD, DIAL

BYLD
BlackRock Institutional Trust Company N.A. - iShares Yield Optimized Bond ETF
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
CGMS
Capital Group Fixed Income ETF Trust - Capital Group U.S. Multi-Sector Income
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
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
JPMB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan USD Emerging Markets Sovereign Bond ETF
BINC
BlackRock ETF Trust II - BlackRock Flexible Income ETF
EMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan USD Emerging Markets 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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Risk Rating

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Risk Rating

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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 -0.0058%. This is the percent change in the value of BYLD over the most recent 1-month period. The 3-month return on BYLD is -0.0095%. 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 0.0587%. 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 GVI, BLV, and BSV.

ETFs correlated to BYLD include IBDY, PYLD, and DIAL.

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.