Skip to Content

PIMCO Enhanced Short Maturity Active ESG ETF

EMNT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 10 2019
Expense Ratio
0.24%
Type
Global Bonds
Fund Owner
PIMCO
Volume (1m avg. daily)
$1,205,880
AUM
$145,200,500
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
US DOLLAR
5.83%
n/a
AUSTRIAN T BILL BILLS 02/23 0.00000
2.23%
n/a
JAPAN TREASURY DISC BILL BILLS 05/23 0.00000
2.21%
n/a
FEDERAL HOME LOAN BANK BONDS 05/23 VAR
2.13%
n/a
FEDERAL HOME LOAN BANK BONDS 05/23 VAR
2.07%
n/a
JAPAN TREASURY DISC BILL BILLS 04/23 0.00000
2.05%
n/a
ISRAEL MAKAM BILL BILLS 02/23 0.00000
1.70%
RELX/23
Relx Capital Inc - 3.50% NT REDEEM 16/03/2023 USD 1000
1.58%
54SB
Mizuho Financial Group, Inc. - FR NT REDEEM 25/05/2024 USD 200000
1.51%
n/a
QUANTA SERVICES INC
1.44%
Invest with EMNT

What is EMNT?

The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards. Fixed Income Instruments include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public-or private-sector entities. The average portfolio duration of this Fund will vary based on PIMCO s market forecasts and will normally not exceed one year. Duration is a measure used to determine the sensitivity of a security s price to changes in interest rates. The longer a security s duration, the more sensitive it will be to changes in interest rates. The dollar-weighted average portfolio maturity of the Fund is normally not expected to exceed three years.

ETFs related toEMNT

ETFs correlated to EMNT include VGSH, SCHO, SHY

EMNT
Pimco Exchange Traded Fund - PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund
VGSH
Vanguard Group, Inc. - Vanguard Short-Term Treasury ETF
SCHO
Schwab Strategic Trust - Schwab Short-Term U.S. Treasury ETF
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
XTWO
BondBloxx ETF Trust - BondBloxx Bloomberg Two Year Target Duration US Treasury ETF
IBTG
iShares Trust - iShares iBonds Dec 2026 Term Treasury ETF
IBTF
iShares Trust - iShares iBonds Dec 2025 Term Treasury ETF
SPTS
SSgA Active Trust - SPDR Portfolio Short Term Treasury ETF
UTWO
Rbb Fund Inc - US Treasury 2 Year Note ETF
IBTH
iShares Trust - iShares iBonds Dec 2027 Term Treasury ETF
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury 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 toEMNT

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

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

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EMNT using Composer

FAQ

EMNT is a Global Bonds ETF. The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards. Fixed Income Instruments include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public-or private-sector entities. The average portfolio duration of this Fund will vary based on PIMCO s market forecasts and will normally not exceed one year. Duration is a measure used to determine the sensitivity of a security s price to changes in interest rates. The longer a security s duration, the more sensitive it will be to changes in interest rates. The dollar-weighted average portfolio maturity of the Fund is normally not expected to exceed three years.

The top holdings for EMNT include US DOLLAR, AUSTRIAN T BILL BILLS 02/23 0.00000, and JAPAN TREASURY DISC BILL BILLS 05/23 0.00000.

EMNT has 169 total holdings.

Yes, EMNT is actively 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.

No, EMNT is not passively managed. It is actively 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 EMNT is 0.0058%. This is the percent change in the value of EMNT over the most recent 1-month period. The 3-month return on EMNT is 0.0171%. This is the percent change in the value of EMNT over the most recent 3-month period.

The standard deviation of EMNT for the past year is 0.0132%. 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 EMNT include AGG, BSV, and BND.

ETFs correlated to EMNT include VGSH, SCHO, and SHY.

ETFs that are inversely correlated to EMNT 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.