iShares Large Cap Deep Buffer ETF
Top 10 Holdings
What is IVVB?
iShares Large Cap Deep Buffer ETF seeks to track the share price return of the iShares Core S&P 500 ETF up to an approximate upside limit, while seeking to provide downside protection against approximately 5-20% of Underlying ETF losses over each calendar quarter. Seek to participate in the price movements of large cap U.S. equities with potentially less downside risk in exchange for capped upside.
ETFs related toIVVB
ETFs correlated to IVVB include FFEB, FNOV, GAUG
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.
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.