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ETFs

iShares iBonds 2023 Term High Yield and Income ETF

IBHC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 07 2019
Expense Ratio
0.35%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,093,480
AUM
$177,375,982
Associated Index
Bloomberg 2023 Term High Yield and Income Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
BLK CSH FND TREASURY SL AGENCY
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BGCP4799708
NEWMARK GROUP INC
3.60%
BALL23
Ball Corp. - 4% NT REDEEM 15/11/2023 USD 2000
3.58%
F/23J
Ford Motor Credit Company LLC - 3.37% NT REDEEM 17/11/2023 USD 200000
3.01%
STWD5064528
STARWOOD PROPERTY TRUST INC 144A
2.81%
AER/23B
AerCap Ireland Capital DAC - 1.15% NT REDEEM 29/10/2023 USD 150000
2.80%
n/a
Shire Acq Inv 2.875 % Notes 2016-23.09.23 Gtd
2.63%
10DC
Navient Corp - 7.25% NT REDEEM 25/09/2023 USD 2000
2.59%
RCIA
Rogers Communications Inc. - 4.10% NT REDEEM 01/10/2023 USD 2000
2.01%
GILD5050563
GILEAD SCIENCES INC
1.96%
Invest with IBHC

What is IBHC?

The iShares iBonds 2023 Term High Yield and Income ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield and other income generating corporate bonds maturing in 2023.

ETFs related toIBHC

ETFs correlated to IBHC include IBHD, BSJO, BSJN

IBHC
iShares Trust - iShares iBonds 2023 Term High Yield and Income ETF
IBHD
iShares Trust - iShares iBonds 2024 Term High Yield and Income ETF
BSJO
Invesco Capital Management LLC - Invesco BulletShares 2024 High Yield Corporate Bond ETF
BSJN
Invesco Capital Management LLC - Invesco BulletShares 2023 High Yield Corporate Bond ETF
IBHE
iShares Trust - iShares iBonds 2025 Term High Yield and Income ETF
BSJP
Invesco Capital Management LLC - Invesco BulletShares 2025 High Yield Corporate Bond ETF
SJNK
SPDR Series Trust - SPDR Bloomberg Short Term High Yield Bond ETF
SHYG
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year High Yield Corporate Bond ETF
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
BBHY
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
BSJQ
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2026 High Yield 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 toIBHC

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, 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 IBHC using Composer

FAQ

IBHC is a US Bonds ETF. The iShares iBonds 2023 Term High Yield and Income ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield and other income generating corporate bonds maturing in 2023.

IBHC tracks the Bloomberg 2023 Term High Yield and Income Index.

No, IBHC 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, IBHC 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 IBHC is 0.0039%. This is the percent change in the value of IBHC over the most recent 1-month period. The 3-month return on IBHC is 0.0122%. This is the percent change in the value of IBHC over the most recent 3-month period.

The standard deviation of IBHC for the past year is 0.0302%. 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 IBHC include LQD, HYG, and JNK.

ETFs correlated to IBHC include IBHD, BSJO, and BSJN.

ETFs that are inversely correlated to IBHC include SJB, DXD, and SDOW.

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.