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PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

CORP
$
Today’s Change
()

Snapshot
*

Inception Date
Sep 20, 2010
Expense Ratio
0.2%
Type
US Bonds
Fund Owner
PIMCO
Volume (1m avg. daily)
$4,573,264
AUM
$859,958,857
Associated Index
ICE BofA US Corporate Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

US TREASURY N/B 05/33 3.375
1.53%
US TREASURY N/B 08/32 2.75
0.65%
NET OTHER ASSETS
0.6%
WFC5448330
WELLS FARGO + COMPANY SR UNSECURED 07/33 VAR
0.56%
US TREASURY N/B 08/52 3
0.49%
US TREASURY N/B 08/33 3.875
0.46%
BCS26
Barclays plc - 4.375% NT REDEEM 12/01/2026 USD 200000
0.45%
NEE/29A
NextEra Energy Capital Holdings Inc - 2.75% DB REDEEM 01/11/2029 USD 2000
0.45%
VICI4916168
VICI PROPERTIES / NOTE COMPANY GUAR 144A 12/29 4.625
0.43%
AMZN5182957
AMAZON.COM INC SR UNSECURED 05/31 2.1
0.42%

What is CORP?

ICE BofA US Corporate Index is an unmanaged index comprised of U.S. dollar denominated investment grade fixed rate corporate debt securities publicly issued in the U.S. domestic market with at least one year remaining term to final maturity and at least $250 million outstanding. It is not possible to invest directly in an unmanaged index.

1M
3M
6M
YTD
1Y
3Y
Max

CORP
Performance Measures**

for the time period Sep 21, 2010 to Dec 4, 2025

Returns

1M Trailing Return: 0.6%

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

3M Trailing Return: 1.7%

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

Measures of Risk or Volatility

Max Drawdown: -21.2%

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

Standard Deviation: 6.4%

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: 0.59

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: 0.17

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

ETFs related toCORP

ETFs correlated to CORP include GIGB, VCEB, IGIB

CORP
Pimco Exchange Traded Fund - PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
SCHI
Schwab Strategic Trust - Schwab 5-10 Year Corporate Bond ETF
BSCU
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2030 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.

Trading Strategies
Related toCORP

FTL's 🌟 Starburst GEN-II v1.c w/ BWC Ultimate FR [Removed BB] Added Walter's Champagne and Cocaine Strats and NOVA | (multiple TQQQ, one crypto) KMLM Switcher MonkeyBusiness WM74 + Wash

Category

Tactical multi-asset, leveraged ETFs, volatility hedging, managed futures, mean reversion, momentum, regime switching, daily rebalancing

OOS Cumulative Return

208.65%

Backtest: Four Corners | OverSimplified 3x | SHARED

Category

Leveraged tech momentum, regime switching, inverse hedge, volatility filter, credit vs cash, single-position

OOS Cumulative Return

104.51%

Create your own algorithmic trading strategy with CORP using Composer

FAQ

CORP is a US Bonds ETF. ICE BofA US Corporate Index is an unmanaged index comprised of U.S. dollar denominated investment grade fixed rate corporate debt securities publicly issued in the U.S. domestic market with at least one year remaining term to final maturity and at least $250 million outstanding. It is not possible to invest directly in an unmanaged index.

CORP tracks the ICE BofA US Corporate Index.

No, CORP 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, CORP 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 CORP is -0.0118%. This is the percent change in the value of CORP over the most recent 1-month period. The 3-month return on CORP is -0.0251%. This is the percent change in the value of CORP over the most recent 3-month period.

The standard deviation of CORP for the past year is 0.0857%. 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 CORP include USIG, IGSB, and SPIB.

ETFs correlated to CORP include GIGB, VCEB, and IGIB.

ETFs that are inversely correlated to CORP include TBX, PST, 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.