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ETFs

iShares iBonds Dec 2029 Term Muni Bond ETF

IBMR
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
May 9, 2023
Expense Ratio
0.18%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$51,722
AUM
$4,825,833
Associated Index
S&P AMT-Free Municipal Series Callable-Adjusted Dec 2029 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
CYPRESS-FAIRBANKS TEX INDPT SC
2.7%
—
CONNECTICUT ST
2.6%
—
MARYLAND ST
2.59%
—
CALIFORNIA ST PUB WKS BRD LEAS
2.32%
—
WASHINGTON ST FOR ISSUES DTD P
2.21%
—
ILLINOIS ST
2.2%
—
CALIFORNIA ST
2.08%
—
MECKLENBURG CNTY N C
2.04%
—
HAWAII ST
1.91%
—
LOS ANGELES CALIF DEPT WTR & P
1.86%
Invest with IBMR
Trade IBMR Options

What is IBMR?

The iShares iBonds Dec 2029 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, 2029. Exposure to investment grade municipal bonds that will mature, be called or be redeemed before December 2, 2029. Combine the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.

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ETFs related toIBMR

ETFs correlated to IBMR include JMUB, SCMB, VTES

IBMR
iShares Trust - iShares iBonds Dec 2029 Term Muni Bond ETF
JMUB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Municipal ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
VTES
Vanguard Wellington Fund - Vanguard Short-Term Tax Exempt Bond ETF
IBMQ
iShares Trust - iShares iBonds Dec 2028 Term Muni Bond ETF
NYF
BlackRock Institutional Trust Company N.A. - iShares New York Muni Bond ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
MMIT
IndexIQ Active ETF Trust - IQ MacKay Municipal Intermediate ETF
FMB
First Trust Exchange-Traded Fund III - First Trust Managed Municipal ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
TFI
SPDR Series Trust - SPDR Nuveen Bloomberg Municipal 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.

FAQ

IBMR is a US Bonds ETF. The iShares iBonds Dec 2029 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, 2029. Exposure to investment grade municipal bonds that will mature, be called or be redeemed before December 2, 2029. Combine the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.

IBMR tracks the S&P AMT-Free Municipal Series Callable-Adjusted Dec 2029 Index.

No, IBMR 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, IBMR 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 IBMR is -0.0162%. This is the percent change in the value of IBMR over the most recent 1-month period. The 3-month return on IBMR is -0.0258%. This is the percent change in the value of IBMR over the most recent 3-month period.

ETFs similar to IBMR include SUB, HYD, and VTEB.

ETFs correlated to IBMR include JMUB, SCMB, and VTES.

ETFs that are inversely correlated to IBMR include TBF, TBT, 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.