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iShares Core International Aggregate Bond Fund

IAGG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 10 2015
Expense Ratio
0.07%
Type
Global Ex. US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$12,520,799
AUM
$4,623,798,430
Associated Index
Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
CHINA PEOPLES REPUBLIC OF (GOVERNM
1.05%
n/a
EUR/USD
0.92%
n/a
CHINA DEVELOPMENT BANK
0.72%
n/a
CHINA PEOPLES REPUBLIC OF (GOVERNM
0.59%
n/a
CHINA DEVELOPMENT BANK
0.48%
n/a
FRANCE (REPUBLIC OF) RegS
0.45%
n/a
CHINA DEVELOPMENT BANK
0.44%
n/a
CHINA PEOPLES REPUBLIC OF (GOVERNM
0.41%
n/a
CHINA PEOPLES REPUBLIC OF (GOVERNM
0.39%
n/a
CHINA PEOPLES REPUBLIC OF (GOVERNM
0.37%
Invest with IAGG

What is IAGG?

The iShares Core International Aggregate Bond ETF seeks to track the investment results of an index composed of global non-U.S. dollar denominated investment-grade bonds that mitigates exposure to fluctuations between the value of the component currencies and the U.S. dollar. The fund diversifies fixed income holdings by adding broad international exposure to investment grade bonds. The iShares Core International Aggregate Bond ETF seeks to mitigate exposure to fluctuations between the value of the component currencies and the U.S. dollar.

ETFs related toIAGG

ETFs correlated to IAGG include BNDX, BNDW, IEF

IAGG
BlackRock Institutional Trust Company N.A. - iShares International Aggregate Bond Fund
BNDX
Vanguard Group, Inc. - Vanguard Total International Bond ETF
BNDW
Vanguard Group, Inc. - Vanguard Total World Bond ETF
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF
FIXD
First Trust Exchange-Traded Fund VIII - First Trust TCW Opportunistic Fixed Income ETF
TYD
Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
GBF
BlackRock Institutional Trust Company N.A. - iShares Barclays Government/Credit Bond Fund
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market 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 toIAGG

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with IAGG using Composer

FAQ

IAGG is a Global Ex. US Bonds ETF. The iShares Core International Aggregate Bond ETF seeks to track the investment results of an index composed of global non-U.S. dollar denominated investment-grade bonds that mitigates exposure to fluctuations between the value of the component currencies and the U.S. dollar. The fund diversifies fixed income holdings by adding broad international exposure to investment grade bonds. The iShares Core International Aggregate Bond ETF seeks to mitigate exposure to fluctuations between the value of the component currencies and the U.S. dollar.

IAGG tracks the Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) Index.

No, IAGG 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, IAGG 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 IAGG is -0.0098%. This is the percent change in the value of IAGG over the most recent 1-month period. The 3-month return on IAGG is -0.0132%. This is the percent change in the value of IAGG over the most recent 3-month period.

The standard deviation of IAGG for the past year is 0.0636%. 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 IAGG include GSY, GVI, and BLV.

ETFs correlated to IAGG include BNDX, BNDW, and IEF.

ETFs that are inversely correlated to IAGG 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.