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ETFs

iShares Investment Grade Bond Factor ETF

IGEB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 11 2017
Expense Ratio
0.18%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,024,327
AUM
$242,388,968
Associated Index
BlackRock Investment Grade Enhanced Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
BLK CSH FND TREASURY SL AGENCY
0.71%
TRGP/31
Targa Resources Partners LP - 4.875% NT REDEEM 01/02/2031 USD 2000 - Reg D
0.64%
HSBC28E
HSBC Holdings plc - FXDFR NT REDEEM 03/11/2028 USD 200000
0.61%
n/a
JPMORGAN CHASE & CO
0.56%
n/a
Bank Of America Corp. - FXDFR PRF PERPETUAL USD 1000 - Ser FF
0.53%
DWD9
Morgan Stanley Medium Term Notes 2018-24.01.29 Global Series I Fixed/Floating Rate
0.52%
JPM4881195
JPMORGAN CHASE & CO
0.52%
42375
Deutsche Tel Intl F Notes 2000-15.6.30 Gtd Sr Linked to Rating Changes
0.51%
n/a
ROGERS COMMUNICATIONS IN
0.51%
MS4971767
MORGAN STANLEY
0.51%
Invest with IGEB

What is IGEB?

The iShares Edge Investment Grade Enhanced Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds. The Fund seeks to track the investment results of the BlackRock Investment Grade Enhanced Bond Index (the Underlying Index ), which consists of U.S. dollar-denominated, investment grade corporate bonds. Component securities include publicly-issued debt of U.S. corporations and U.S. dollar denominated, publicly issued debt of non-U.S. corporations or similar entities.

ETFs related toIGEB

ETFs correlated to IGEB include LQD, VCEB, VTC

IGEB
BlackRock Institutional Trust Company N.A. - iShares Investment Grade Bond Factor ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
LQDB
iShares Trust - iShares BBB Rated Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
USIG
BlackRock Institutional Trust Company N.A. - iShares Broad USD Investment Grade Corporate 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.

Automated Strategies
Related toIGEB

#INC

Dynamic Income

Category

Composer's Picks

Risk Rating

Moderate

#DRAGON

Dragon Portfolio

Category

Go Global

Risk Rating

Aggressive

Create your own algorithmic trading strategy with IGEB using Composer

FAQ

IGEB is a US Bonds ETF. The iShares Edge Investment Grade Enhanced Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds. The Fund seeks to track the investment results of the BlackRock Investment Grade Enhanced Bond Index (the Underlying Index ), which consists of U.S. dollar-denominated, investment grade corporate bonds. Component securities include publicly-issued debt of U.S. corporations and U.S. dollar denominated, publicly issued debt of non-U.S. corporations or similar entities.

IGEB tracks the BlackRock Investment Grade Enhanced Bond Index.

No, IGEB 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, IGEB 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 IGEB is 0.019%. This is the percent change in the value of IGEB over the most recent 1-month period. The 3-month return on IGEB is 0.0181%. This is the percent change in the value of IGEB over the most recent 3-month period.

The standard deviation of IGEB for the past year is 0.093%. 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 IGEB include VCSH, HYG, and JNK.

ETFs correlated to IGEB include LQD, VCEB, and VTC.

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

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.