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ETFs

iShares Trust iShares iBonds Dec 2023 Term Treasury ETF

IBTD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 25, 2020
Expense Ratio
0.07%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$12,931,253
AUM
$2,775,378,534
Associated Index
ICE 2023 Maturity US Treasury Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

XTSLA
BLK CSH FND TREASURY SL AGENCY
44.09%
n/a
TREASURY NOTE
8.56%
n/a
TREASURY NOTE
7.86%
n/a
TREASURY NOTE
6.80%
n/a
TREASURY NOTE
5.26%
n/a
TREASURY NOTE
4.73%
n/a
TREASURY NOTE
3.90%
n/a
TREASURY NOTE
3.85%
n/a
United States 2.75 % Treasury Notes 2013-15.11.23 Series F-2023
3.48%
n/a
United States 1.375 % Treasury Notes 2016-30.09.23 Series Q-2023
2.87%
Invest with IBTD

What is IBTD?

The iShares iBonds Dec 2023 Term Treasury ETF seeks to track the investment results of an index composed of U.S. Treasury bonds maturing in 2023. The Underlying Index consists of publicly-issued U.S.Treasury securities that are scheduled to mature after December 31, 2022 and before December 16, 2023. Qualifying securities are U.S. Treasury notes and bonds having $1 billion or more of outstanding face value, excluding amounts held by the Federal Reserve System Open Market Account ( SOMA ). In addition, the securities in the Underlying Index must have a fixed coupon schedule and be denominated in U.S. dollars.

ETFs related toIBTD

ETFs correlated to IBTD include IBTE, XBIL, UTWO

IBTD
iShares Trust - iShares iBonds Dec 2023 Term Treasury ETF
IBTE
iShares Trust - iShares iBonds Dec 2024 Term Treasury ETF
XBIL
Rbb Fund Inc - US Treasury 6 Month Bill ETF
UTWO
Rbb Fund Inc - US Treasury 2 Year Note ETF
XONE
BondBloxx ETF Trust - BondBloxx Bloomberg One Year Target Duration US Treasury ETF
BSCO
Invesco Capital Management LLC - Invesco BulletShares 2024 Corporate Bond ETF
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
GBIL
Goldman Sachs ETF Trust - Goldman Sachs Access Treasury 0-1 Year ETF
IBTF
iShares Trust - iShares iBonds Dec 2025 Term Treasury ETF
VGSH
Vanguard Group, Inc. - Vanguard Short-Term Treasury ETF
XHLF
BondBloxx ETF Trust - BondBloxx Bloomberg Six Month Target Duration US Treasury 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 toIBTD

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with IBTD using Composer

FAQ

IBTD is a US Bonds ETF. The iShares iBonds Dec 2023 Term Treasury ETF seeks to track the investment results of an index composed of U.S. Treasury bonds maturing in 2023. The Underlying Index consists of publicly-issued U.S.Treasury securities that are scheduled to mature after December 31, 2022 and before December 16, 2023. Qualifying securities are U.S. Treasury notes and bonds having $1 billion or more of outstanding face value, excluding amounts held by the Federal Reserve System Open Market Account ( SOMA ). In addition, the securities in the Underlying Index must have a fixed coupon schedule and be denominated in U.S. dollars.

IBTD tracks the ICE 2023 Maturity US Treasury Index.

No, IBTD 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, IBTD 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 IBTD is 0.0038%. This is the percent change in the value of IBTD over the most recent 1-month period. The 3-month return on IBTD is 0.0123%. This is the percent change in the value of IBTD over the most recent 3-month period.

The standard deviation of IBTD for the past year is 0.0132%. 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 IBTD include BIL, TLT, and IEI.

ETFs correlated to IBTD include IBTE, XBIL, and UTWO.

ETFs that are inversely correlated to IBTD include TSLR, CTA, and DBMF.

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.