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ETFs

iShares iBonds Dec 2028 Term Corporate ETF

IBDT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 18 2018
Expense Ratio
0.10%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$7,001,940
AUM
$1,040,688,161
Associated Index
Bloomberg December 2028 Maturity Corporate Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

CVS28
CVS Health Corp - 4.30% BD REDEEM 25/03/2028 USD 2000
1.16%
BACC
Verizon Comm 4.329 % Notes 2018-21.09.28 Global
0.90%
CI/28
Cigna Group (The) - 4.375% NT REDEEM 15/10/2028 USD
0.89%
n/a
Comcast 4.15 % Notes 2018-15.10.28 Gtd Global
0.86%
AMGN5542112
AMGEN INC
0.86%
PFE/28A
Pfizer Investment Enterprises Pte. Ltd - 4.45% NT REDEEM 19/05/2028 USD 2000
0.82%
AER/28A
AerCap Ireland Capital DAC - 3% NT REDEEM 29/10/2028 USD 150000
0.79%
n/a
United Tech 4.125 % Notes 2018-16.11.28 Global
0.68%
VZ28B
Verizon Communications Inc - 2.10% NT REDEEM 22/03/2028 USD 2000
0.67%
S/28
Sprint Cap 6.875 % Notes 1998-15.11.28 Gtd Global
0.64%
Invest with IBDT

What is IBDT?

The iShares iBonds Dec 2028 Term Corporate ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2028. The Underlying Index is composed of U.S. dollar-denominated, taxable, investment-grade (as determined by Bloomberg Index Services Limited (the Index Provider or Bloomberg )) corporate bonds scheduled to mature after December 31, 2027 and before December 16, 2028. As of August 15, 2018, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time. The Underlying Index consists of U.S. dollar-denominated, investment-grade securities publicly issued by U.S. and non-U.S. corporate issuers that have $300 million or more of outstanding face value at the time of inclusion. The non-U.S. corporate issuers included in the Underlying Index consist primarily of corporate bonds issued by companies domiciled in developed countries.

ETFs related toIBDT

ETFs correlated to IBDT include VCSH, AVSF, BSCS

IBDT
iShares Trust - iShares iBonds Dec 2028 Term Corporate ETF
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
BSCS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2028 Corporate Bond ETF
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
SPIB
SSgA Active Trust - SPDR Portfolio Intermediate Term Corporate Bond ETF
BSCT
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2029 Corporate Bond ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
BSCR
Invesco Capital Management LLC - Invesco BulletShares 2027 Corporate Bond ETF
SUSB
iShares Trust - iShares Trust iShares ESG Aware 1-5 Year USD 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.

Automated Strategies
Related toIBDT

#RB

Rotating Bonds

Category

Getting Defensive, 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 IBDT using Composer

FAQ

IBDT is a US Bonds ETF. The iShares iBonds Dec 2028 Term Corporate ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds maturing in 2028. The Underlying Index is composed of U.S. dollar-denominated, taxable, investment-grade (as determined by Bloomberg Index Services Limited (the Index Provider or Bloomberg )) corporate bonds scheduled to mature after December 31, 2027 and before December 16, 2028. As of August 15, 2018, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. The components of the Underlying Index are likely to change over time. The Underlying Index consists of U.S. dollar-denominated, investment-grade securities publicly issued by U.S. and non-U.S. corporate issuers that have $300 million or more of outstanding face value at the time of inclusion. The non-U.S. corporate issuers included in the Underlying Index consist primarily of corporate bonds issued by companies domiciled in developed countries.

IBDT tracks the Bloomberg December 2028 Maturity Corporate Index.

No, IBDT 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, IBDT 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 IBDT is -0.0039%. This is the percent change in the value of IBDT over the most recent 1-month period. The 3-month return on IBDT is -0.0096%. This is the percent change in the value of IBDT over the most recent 3-month period.

The standard deviation of IBDT for the past year is 0.0696%. 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 IBDT include VCLT, LQD, and JNK.

ETFs correlated to IBDT include VCSH, AVSF, and BSCS.

ETFs that are inversely correlated to IBDT 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.