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iShares iBonds Mar 2023 Term Corporate ETF

IBDD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 09 2013
Expense Ratio
0.10%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$164,805
AUM
$115,580,761
Associated Index
Bloomberg 2023 Maturity Corporate Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

XTSLA
BLK CSH FND TREASURY SL AGENCY
95.05%
IBCE
BlackRock Institutional Trust Company N.A. - iShares iBonds Mar 2023 Term Corporate ex-Financials ETF
2.72%
n/a
USD CASH
1.49%
TM/23C
Toyota Motor Credit Corp - 2.90% MTN REDEEM 30/03/2023 USD 2000
0.74%
Invest with IBDD

What is IBDD?

iSharesBond 2023 Corporate Term ETF seeks to generate income through a "bond-like" ETF designed to mature on an end date.Investment grade corporate bonds that mature between Apr 2022 and Mar 2023 returns relative to broad iSharesBond 2023 Corporate Term ETF

ETFs related toIBDD

ETFs correlated to IBDD include GFEB, DFLV, DRLL

IBDD
BlackRock Institutional Trust Company N.A. - iShares iBonds Mar 2023 Term Corporate ETF
GFEB
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - February
DFLV
Dimensional ETF Trust - Dimensional US Large Cap Value ETF
DRLL
EA Series Trust - Strive U.S. Energy ETF
DFUV
Dimensional ETF Trust - Dimensional US Marketwide Value ETF
AIRR
First Trust Exchange-Traded Fund III - First Trust RBA American Industrial Renaissance ETF
USMF
WisdomTree Trust - WisdomTree U.S. Multifactor Fund
PKW
Invesco Capital Management LLC - Invesco BuyBack Achievers ETF
SPMO
Invesco Capital Management LLC - Invesco S&P 500 Momentum 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 toIBDD

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

#DALIO

The Dalio

Category

Classic

Risk Rating

Conservative

Create your own algorithmic trading strategy with IBDD using Composer

FAQ

IBDD is a US Bonds ETF. iSharesBond 2023 Corporate Term ETF seeks to generate income through a "bond-like" ETF designed to mature on an end date.Investment grade corporate bonds that mature between Apr 2022 and Mar 2023 returns relative to broad iSharesBond 2023 Corporate Term ETF

IBDD tracks the Bloomberg 2023 Maturity Corporate Index.

No, IBDD 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, IBDD 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 IBDD is 0.0035%. This is the percent change in the value of IBDD over the most recent 1-month period. The 3-month return on IBDD is 0.0111%. This is the percent change in the value of IBDD over the most recent 3-month period.

The standard deviation of IBDD for the past year is 0.0124%. 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 IBDD include VCSH, HYG, and JNK.

ETFs correlated to IBDD include GFEB, DFLV, and DRLL.

ETFs that are inversely correlated to IBDD include OBIL, TUA, and UNIY.

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.