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iShares Genomics Immunology and Healthcare ETF

IDNA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 11 2019
Expense Ratio
0.47%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$690,081
AUM
$125,129,784
Associated Index
NYSE FactSet Global Genomics and Immuno Biopharma Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

EXEL
Exelixis Inc
5.23%
REGN
Regeneron Pharmaceuticals, Inc.
5.21%
DNA
Ginkgo Bioworks Holdings Inc - Ordinary Shares - Class A
5.11%
SAN
Sanofi
4.99%
4502
Takeda Pharmaceutical Co
4.65%
BNTX
BioNTech SE - ADR
4.52%
GMAB
Genmab
4.31%
BCRX
Biocryst Pharmaceuticals Inc.
4.12%
ROG
Roche Holding AG
3.99%
BPMC
Blueprint Medicines Corp
3.98%
Invest with IDNA

What is IDNA?

The iShares Genomics Immunology and Healthcare ETF seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology, and bioengineering.

ETFs related toIDNA

ETFs correlated to IDNA include GNOM, ARKG, XBI

IDNA
iShares Trust - iShares Genomics Immunology and Healthcare ETF
GNOM
Global X Funds - Global X Genomics & Biotechnology ETF
ARKG
ARK Investment Management LLC - ARK Genomic Revolution ETF
XBI
SPDR Series Trust - SPDR Biotech ETF
LABU
Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X Shares
IBB
BlackRock Institutional Trust Company N.A. - iShares Biotechnology ETF
FBT
First Trust Exchange-Traded Fund III - First Trust NYSE Arca Biotechnology Index Fund
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
ARKK
ARK Investment Management LLC - ARK Innovation ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite 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 toIDNA

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, 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 IDNA using Composer

FAQ

IDNA is a Global Equities ETF. The iShares Genomics Immunology and Healthcare ETF seeks to track the investment results of an index composed of developed and emerging market companies that could benefit from the long-term growth and innovation in genomics, immunology, and bioengineering.

IDNA tracks the NYSE FactSet Global Genomics and Immuno Biopharma Index.

No, IDNA 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, IDNA 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 IDNA is -0.0619%. This is the percent change in the value of IDNA over the most recent 1-month period. The 3-month return on IDNA is -0.1123%. This is the percent change in the value of IDNA over the most recent 3-month period.

The standard deviation of IDNA for the past year is 0.2735%. 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 IDNA include IXJ, SMH, and URA.

ETFs correlated to IDNA include GNOM, ARKG, and XBI.

ETFs that are inversely correlated to IDNA include LABD, SARK, and SRTY.

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.