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ETFs

iShares Core 5-10 Year USD Bond ETF

IMTB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 01 2016
Expense Ratio
0.06%
Type
Global Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$778,595
AUM
$187,121,164
Associated Index
Bloomberg US Universal 5-10 Years Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BISXX
BLACKROCK CASH CL INST SL AGENCY
14.60%
n/a
UMBS 30YR TBA(REG A)
2.82%
n/a
TREASURY NOTE (OLD)
1.49%
n/a
FNMA 30YR UMBS
1.24%
n/a
FNMA 30YR UMBS
1.21%
n/a
UMBS 30YR TBA(REG A)
1.14%
n/a
TREASURY NOTE
1.08%
n/a
GNMA2 30YR TBA(REG C)
1.06%
n/a
Fannie Mae 3.5 % TBA MBS Single Family 30 Years Maturity Settles October
0.97%
n/a
UMBS 30YR TBA(REG A)
0.93%
Invest with IMTB

What is IMTB?

The Fund seeks to track the investment results of the Bloomberg U.S. Universal 5-10 Year Index (the Underlying Index ), which measures the performance of U.S. dollar- denominated taxable bonds that are rated either investment-grade or high yield with remaining effective maturities between five and ten years. The Underlying Index includes U.S. Treasury bonds, government-related bonds (i.e., U.S. and non-U.S. agencies, sovereign, quasi-sovereign, supranational and local authority debt), investment-grade and high yield U.S. corporate bonds, mortgage-backed pass-through securities ( MBS ), commercial mortgage-backed securities ( CMBS ), asset-backed securities ( ABS ), Eurodollar bonds, bonds registered with the SEC or exempt from registration at the time of issuance, or offered pursuant to Rule 144A with or without registration rights ( Rule 144A Bonds ) and U.S. dollar-denominated emerging market bonds. The Underlying Index is a subset of the Bloomberg Barclays U.S. Universal Index. The Underlying Index may include large-, mid- or small- capitalization companies. Components of the Underlying Index primarily include securitized and corporate securities. A material portion of the Underlying Index is comprised of MBS that include 20- year and 30-year mortgages. These MBS are included in the Underlying Index because their effective duration has historically been more consistent with the duration of non-callable 5-10 year bonds due to prepayments. The components of the Underlying Index, and the degree to which these components represent certain industries, are likely to change over time. The securities in the Underlying Index must be denominated in U.S. dollars and non-convertible. Excluded from the Underlying Index are tax- exempt municipal securities, coupon issues that have been stripped from bonds, structured notes, private placements (excluding Rule 144A Bonds) and inflation-linked bonds.

ETFs related toIMTB

ETFs correlated to IMTB include AGG, BND, SCHZ

IMTB
BlackRock Institutional Trust Company N.A. - iShares Core 5-10 Year USD Bond ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate Bond ETF
UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
BBAG
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Aggregate 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 toIMTB

#PTAC

Pick the Trending Asset Class

Category

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

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with IMTB using Composer

FAQ

IMTB is a Global Bonds ETF. The Fund seeks to track the investment results of the Bloomberg U.S. Universal 5-10 Year Index (the Underlying Index ), which measures the performance of U.S. dollar- denominated taxable bonds that are rated either investment-grade or high yield with remaining effective maturities between five and ten years. The Underlying Index includes U.S. Treasury bonds, government-related bonds (i.e., U.S. and non-U.S. agencies, sovereign, quasi-sovereign, supranational and local authority debt), investment-grade and high yield U.S. corporate bonds, mortgage-backed pass-through securities ( MBS ), commercial mortgage-backed securities ( CMBS ), asset-backed securities ( ABS ), Eurodollar bonds, bonds registered with the SEC or exempt from registration at the time of issuance, or offered pursuant to Rule 144A with or without registration rights ( Rule 144A Bonds ) and U.S. dollar-denominated emerging market bonds. The Underlying Index is a subset of the Bloomberg Barclays U.S. Universal Index. The Underlying Index may include large-, mid- or small- capitalization companies. Components of the Underlying Index primarily include securitized and corporate securities. A material portion of the Underlying Index is comprised of MBS that include 20- year and 30-year mortgages. These MBS are included in the Underlying Index because their effective duration has historically been more consistent with the duration of non-callable 5-10 year bonds due to prepayments. The components of the Underlying Index, and the degree to which these components represent certain industries, are likely to change over time. The securities in the Underlying Index must be denominated in U.S. dollars and non-convertible. Excluded from the Underlying Index are tax- exempt municipal securities, coupon issues that have been stripped from bonds, structured notes, private placements (excluding Rule 144A Bonds) and inflation-linked bonds.

IMTB tracks the Bloomberg US Universal 5-10 Years Index.

No, IMTB 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, IMTB 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 IMTB is -0.0164%. This is the percent change in the value of IMTB over the most recent 1-month period. The 3-month return on IMTB is -0.0372%. This is the percent change in the value of IMTB over the most recent 3-month period.

The standard deviation of IMTB for the past year is 0.0822%. 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 IMTB include GSY, GVI, and BLV.

ETFs correlated to IMTB include AGG, BND, and SCHZ.

ETFs that are inversely correlated to IMTB 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.