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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)
$6,768,304
AUM
$557,818,674
Associated Index
Bloomberg U.S. CMBS (ERISA Only) Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
FNA 2020-M1 A2
0.72%
n/a
FHMS K126 A2
0.59%
n/a
FHMS K146 A2
0.56%
n/a
FHMS K749 A2
0.48%
n/a
FHMS K120 A2
0.47%
n/a
FNA 2019-M1 A2
0.47%
n/a
FHMS K083 A2
0.46%
n/a
FHMS K051 A2
0.45%
n/a
FHMS K125 A2
0.45%
n/a
FREMF_20-K109 A2
0.45%
Invest with CMBS

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.

ETFs related toCMBS

ETFs correlated to CMBS include IBTH, IBTG, IEI

CMBS
BlackRock Institutional Trust Company N.A. - iShares CMBS ETF
IBTH
iShares Trust - iShares iBonds Dec 2027 Term Treasury ETF
IBTG
iShares Trust - iShares iBonds Dec 2026 Term Treasury ETF
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF
VGIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Treasury ETF
SCHR
Schwab Strategic Trust - Schwab Intermediate-Term U.S. Treasury ETF
SPTI
SPDR Series Trust - SPDR Portfolio Intermediate Term Treasury ETF
IBTI
iShares Trust - iShares iBonds Dec 2028 Term Treasury ETF
IBTF
iShares Trust - iShares iBonds Dec 2025 Term Treasury ETF
IBTK
iShares Trust - iShares iBonds Dec 2030 Term Treasury ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term 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 toCMBS

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

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.

The top holdings for CMBS include FNA 2020-M1 A2, FHMS K126 A2, and FHMS K146 A2.

CMBS has 636 total holdings.

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 0.01%. This is the percent change in the value of CMBS over the most recent 1-month period. The 3-month return on CMBS is 0.0488%. 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 0.0722%. 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 JAAA, JBBB, and AAA.

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

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

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.