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BlackRock Ultra Short-Term Bond ETF

ICSH
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 11 2013
Expense Ratio
0.08%
Type
Global Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$49,931,555
AUM
$6,175,174,798
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
TRI-PARTY GOLDMAN SACHS & CO. LLC
1.46%
n/a
TRI-PARTY WELLS FARGO SECURITIES L
1.25%
n/a
MIZUHO BANK LTD (NEW YORK BRANCH)
1.00%
n/a
BASF SE 144A
0.97%
n/a
BANCO SANTANDER SA
0.90%
n/a
TRI-PARTY BOFA SECURITIES INC.
0.89%
n/a
BROOKFIELD CORPORATE TREASURY LTD
0.83%
n/a
NATIXIS (NEW YORK BRANCH)
0.82%
n/a
AMCOR FLEXIBLES NA INC
0.78%
n/a
SWEDBANK AB (NEW YORK BRANCH)
0.78%
Invest with ICSH

What is ICSH?

The BlackRock Ultra Short-Term Bond ETF seeks to provide current income consistent with preservation of capital. Seeks to provide income by investing in a broad range of short-term bonds and money market instruments. However, ICSH is not a money market fund. Use to help meet current income and liquidity needs, as well as to help manage interest rate risk.

ETFs related toICSH

ETFs correlated to ICSH include BSV, ISTB, IBTG

ICSH
BlackRock Institutional Trust Company N.A. - BlackRock Ultra Short-Term Bond ETF
BSV
Vanguard Group, Inc. - Vanguard Short-Term Bond ETF
ISTB
BlackRock Institutional Trust Company N.A. - iShares Core 1-5 Year USD Bond ETF
IBTG
iShares Trust - iShares iBonds Dec 2026 Term Treasury ETF
IBTI
iShares Trust - iShares iBonds Dec 2028 Term Treasury ETF
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF
VGIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Treasury ETF
IBTJ
iShares Trust - iShares iBonds Dec 2029 Term Treasury ETF
SCHR
Schwab Strategic Trust - Schwab Intermediate-Term U.S. Treasury ETF
SPTI
SPDR Series Trust - SPDR Portfolio Intermediate Term Treasury ETF
IBTH
iShares Trust - iShares iBonds Dec 2027 Term 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 toICSH

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ICSH using Composer

FAQ

ICSH is a Global Bonds ETF. The BlackRock Ultra Short-Term Bond ETF seeks to provide current income consistent with preservation of capital. Seeks to provide income by investing in a broad range of short-term bonds and money market instruments. However, ICSH is not a money market fund. Use to help meet current income and liquidity needs, as well as to help manage interest rate risk.

Yes, ICSH is actively 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.

No, ICSH is not passively managed. It is actively 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 ICSH is 0.0048%. This is the percent change in the value of ICSH over the most recent 1-month period. The 3-month return on ICSH is 0.0141%. This is the percent change in the value of ICSH over the most recent 3-month period.

The standard deviation of ICSH for the past year is 0.013%. 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 ICSH include GVI, BLV, and BND.

ETFs correlated to ICSH include BSV, ISTB, and IBTG.

ETFs that are inversely correlated to ICSH include PST, TBX, 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.