Snapshot*
Top 10 Holdings
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, SUSC, VCEB
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
Rotating Bonds
Smarter Dividends
Create your own algorithmic trading strategy with IGEB using Composer
News Related to IGEB
Israel Englander's Millennium Cuts Stakes In Nvidia, Microsoft, And Meta While Boosting Amazon Bet In Q1 Amid Strategic Talks With BlackRock, Goldman Sachs
May 23, 2025 • by Kaustubh Bagalkote
Kraken To Launch 24/7 Tokenized Stock Trading For Global Users Via Solana
May 22, 2025 • by Murtuza J Merchant
'Antitrust Cops Say BlackRock, Other Fund Giants May Have Harmed Energy Competition; Justice Department, FTC For The First Time Raise Concerns About How Institutional Investors Wield Ownership Of Shares In Rival Companies' - WSJ
May 22, 2025 • by Benzinga Newsdesk'U.S. Department Of Justice, Federal Trade Commission To File Statement Of Interest In Republican States Case Against Blackrock, Vanguard And State Street' - Reuters Exclusive
May 22, 2025 • by Benzinga NewsdeskFAQ
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.