iShares iBonds Dec 2032 Term Corporate ETF
Top 10 Holdings
What is IBDX?
The iShares iBonds Dec 2032 Term Corporate ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment grade corporate bonds maturing in 2032. Provides access to a portfolio of investment grade corporate bonds. Get exposure to a portfolio of investment grade corporate bonds that mature between January 1, 2032 and December 15, 2032 through a single ticker.
ETFs related toIBDX
ETFs correlated to IBDX include VCIT, IGIB, BSCV
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.
Composer's Picks, Investing for the Long-Term
Getting Defensive, Diversification
Create your own algorithmic trading strategy with IBDX using Composer
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.