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ETFs

SPDR Bloomberg SASB Corporate Bond ESG Select ETF

RBND
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 09 2020
Expense Ratio
0.12%
Type
Global Bonds
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$79,466
AUM
$22,862,364
Associated Index
Bloomberg SASB US Corporate ESG Ex-Controversies Select Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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Lloyds Banking Group plc - FXDFR NT REDEEM 05/02/2026 USD 200000
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Cisco Systems 5.9 % Notes 2009-15.2.39 Sr
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Novartis Capital Corporation - 1.75% NT REDEEM 14/02/2025 USD 2000
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BANK OF MONTREAL 1.85 05/01/2025
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Anheuser-Busch Inbev Worldwide Inc - 8.20% NT REDEEM 15/01/2039 USD 2000
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Novartis Capital Corporation - 2% NT REDEEM 14/02/2027 USD 2000
0.71%
UL/29
Unilever Capital Corp - 2.125% NT REDEEM 06/09/2029 USD 100000
0.67%
n/a
Apple 4.65 % Notes 2016-23.2.46
0.66%
Invest with RBND

What is RBND?

SPDR Bloomberg SASB Corporate Bond ESG Select ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return of the Bloomberg SASB US Corporate ESG Ex-Controversies Select Index. The Bloomberg SASB US Corporate ESG Ex-Controversies Select Index (the Index ) is designed to measure the performance of investment grade corporate bonds issued by companies that exhibit certain environmental, social and governance ( ESG ) characteristics, while also minimizing active total risk versus the Bloomberg US Corporate Index (the Parent Index ). The Parent Index represents publicly issued, investment grade, fixed-rate, taxable, U.S. dollar-denominated corporate bonds issued by U.S. and non-U.S. industrial, utility, and financial institutions that have a remaining maturity of greater than or equal to 1 year and have $300 million or more of par amount outstanding.

ETFs related toRBND

ETFs correlated to RBND include LQDB, LQD, VCEB

RBND
SPDR Series Trust - SPDR Bloomberg SASB Corporate Bond ESG Select ETF
LQDB
iShares Trust - iShares BBB Rated Corporate Bond 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
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
IGEB
BlackRock Institutional Trust Company N.A. - iShares Investment Grade Bond Factor ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF
IGLB
BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio 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 toRBND

#INC

Dynamic Income

Category

Composer's Picks

Risk Rating

Moderate

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

Create your own algorithmic trading strategy with RBND using Composer

FAQ

RBND is a Global Bonds ETF. SPDR Bloomberg SASB Corporate Bond ESG Select ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return of the Bloomberg SASB US Corporate ESG Ex-Controversies Select Index. The Bloomberg SASB US Corporate ESG Ex-Controversies Select Index (the Index ) is designed to measure the performance of investment grade corporate bonds issued by companies that exhibit certain environmental, social and governance ( ESG ) characteristics, while also minimizing active total risk versus the Bloomberg US Corporate Index (the Parent Index ). The Parent Index represents publicly issued, investment grade, fixed-rate, taxable, U.S. dollar-denominated corporate bonds issued by U.S. and non-U.S. industrial, utility, and financial institutions that have a remaining maturity of greater than or equal to 1 year and have $300 million or more of par amount outstanding.

RBND tracks the Bloomberg SASB US Corporate ESG Ex-Controversies Select Index.

No, RBND 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, RBND 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 RBND is 0.028%. This is the percent change in the value of RBND over the most recent 1-month period. The 3-month return on RBND is 0.0255%. This is the percent change in the value of RBND over the most recent 3-month period.

The standard deviation of RBND for the past year is 0.1002%. 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 RBND include VCIT, USIG, and JNK.

ETFs correlated to RBND include LQDB, LQD, and VCEB.

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

Disclaimers

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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.