Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
ETFs

iShares CMBS ETF

CMBS
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Feb 14, 2012
Expense Ratio
0.25%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$2,179,560
AUM
$428,363,502
Associated Index
Bloomberg U.S. CMBS (ERISA Only) Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

—
FREMF_K-157 A2
0.76%
—
FNMA_19-M9 A2
0.67%
—
BANK_23-5YR1 A3
0.59%
—
FNMA_19-M1 A2
0.57%
—
FREMF_20-K109 A2
0.56%
—
FNMA_19-M7 A2
0.53%
—
FNMA_18-M10 A2
0.52%
—
FNMA_19-M5 A2
0.51%
—
FNMA_20-M1 A2
0.51%
—
FREMF_K-752 A2
0.5%
Invest with CMBS
Trade CMBS Options

What is CMBS?

The iShares Barclays CMBS Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Bloomberg U.S. CMBS (ERISA Only) Index. The index measures the performance of investment-grade commercial mortgage-backed securities, which are classes of securities that represent interests in pools of commercial mortgages. The index includes only CMBS that are Employee Retirement Income Security Act of 1974, which will deem ERISA eligible the certificates with the first priority of principal repayment, as long as certain conditions are met, including the requirement that the certificates be rated in one of the three highest rating categories by Fitch, Inc., Moody s Investors Services or Standard & Poor s.

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

CMBS
Performance Measures**

for the time period Feb 16, 2012 to Dec 16, 2025

Returns

1M Trailing Return: 0.4%

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

3M Trailing Return: 0.5%

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

Measures of Risk or Volatility

Max Drawdown: -15.9%

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

Standard Deviation: 5.5%

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: 0.46

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: 0.15

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

ETFs related toCMBS

ETFs correlated to CMBS include IEI, SCHR, IBTH

CMBS
BlackRock Institutional Trust Company N.A. - iShares CMBS ETF
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF
SCHR
Schwab Strategic Trust - Schwab Intermediate-Term U.S. Treasury ETF
IBTH
iShares Trust - iShares iBonds Dec 2027 Term Treasury ETF
VGIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Treasury ETF
BSV
Vanguard Group, Inc. - Vanguard Short-Term Bond ETF
SPTI
SPDR Series Trust - SPDR Portfolio Intermediate Term Treasury ETF
IBTI
iShares Trust - iShares iBonds Dec 2028 Term Treasury ETF
IBTJ
iShares Trust - iShares iBonds Dec 2029 Term Treasury ETF
IBTK
iShares Trust - iShares iBonds Dec 2030 Term Treasury ETF
GVI
BlackRock Institutional Trust Company N.A. - iShares Intermediate Government/Credit 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.

Trading Strategies
Related toCMBS

IRA

Category

Global macro, Long/short, Volatility timing, Currencies, Commodities, Crypto, Tech tilt, Leveraged ETFs, Risk-on/risk-off

OOS Cumulative Return

3.36%

Create your own algorithmic trading strategy with CMBS using Composer

FAQ

CMBS is a US Bonds ETF. The iShares Barclays CMBS Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Bloomberg U.S. CMBS (ERISA Only) Index. The index measures the performance of investment-grade commercial mortgage-backed securities, which are classes of securities that represent interests in pools of commercial mortgages. The index includes only CMBS that are Employee Retirement Income Security Act of 1974, which will deem ERISA eligible the certificates with the first priority of principal repayment, as long as certain conditions are met, including the requirement that the certificates be rated in one of the three highest rating categories by Fitch, Inc., Moody s Investors Services or Standard & Poor s.

CMBS tracks the Bloomberg U.S. CMBS (ERISA Only) Index.

No, CMBS 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, CMBS 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 CMBS is -0.0049%. This is the percent change in the value of CMBS over the most recent 1-month period. The 3-month return on CMBS is -0.018%. This is the percent change in the value of CMBS over the most recent 3-month period.

The standard deviation of CMBS for the past year is 0.0652%. 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 CMBS include PAAA, JBBB, and CLOI.

ETFs correlated to CMBS include IEI, SCHR, and IBTH.

ETFs that are inversely correlated to CMBS include PST, TBX, and TTT.

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.