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ETFs

iShares iBonds Dec 2027 Term Muni Bond ETF

IBMP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 11 2019
Expense Ratio
0.18%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$892,356
AUM
$262,860,509
Associated Index
S&P AMT-Free Municipal Callable Factor Adjusted 2027 Series Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
State of Illinois 5 % Bonds 2017-01.11.27 Series D
0.50%
n/a
NEW JERSEY ST-A
0.46%
n/a
LOS ANGELES CO MTA -A
0.44%
n/a
ALABAMA PUB SCH & CLG
0.44%
n/a
ROUND ROCK TX INDEP-A
0.44%
n/a
MISSISSIPPI ST
0.43%
n/a
ALABAMA FED AID HWY FIN AUTH S
0.42%
n/a
MICHIGAN ST-REF
0.42%
n/a
ILLINOIS ST-D
0.42%
n/a
NEW YORK ST ENVRNMNTL
0.38%
Invest with IBMP

What is IBMP?

The iShares iBonds Dec 2027 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds expected to mature or be redeemed before December 2, 2027.

ETFs related toIBMP

ETFs correlated to IBMP include SCMB, DFNM, IBMO

IBMP
iShares Trust - iShares iBonds Dec 2027 Term Muni Bond ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
DFNM
Dimensional ETF Trust - Dimensional National Municipal Bond ETF
IBMO
iShares Trust - iShares iBonds Dec 2026 Term Muni Bond ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
NYF
BlackRock Institutional Trust Company N.A. - iShares New York Muni Bond ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt Bond ETF
CGMU
Capital Group Fixed Income ETF Trust - Capital Group Municipal Income ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
MMIT
IndexIQ Active ETF Trust - IQ MacKay Municipal Intermediate ETF
TAFI
AB Active ETFs Inc - AB Tax-Aware Short Duration Municipal 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 toIBMP

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

#DALIO

The Dalio

Category

Classic

Risk Rating

Conservative

Create your own algorithmic trading strategy with IBMP using Composer

FAQ

IBMP is a US Bonds ETF. The iShares iBonds Dec 2027 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds expected to mature or be redeemed before December 2, 2027.

IBMP tracks the S&P AMT-Free Municipal Callable Factor Adjusted 2027 Series Index.

No, IBMP 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, IBMP 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 IBMP is 0.0163%. This is the percent change in the value of IBMP over the most recent 1-month period. The 3-month return on IBMP is 0.013%. This is the percent change in the value of IBMP over the most recent 3-month period.

The standard deviation of IBMP for the past year is 0.0378%. 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 IBMP include PZA, SHM, and BAB.

ETFs correlated to IBMP include SCMB, DFNM, and IBMO.

ETFs that are inversely correlated to IBMP include TYO, PST, and TBX.

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.