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BNY Mellon Responsible Horizons Corporate Bond ETF

RHCB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 21 2022
Expense Ratio
0.35%
Type
Global Bonds
Fund Owner
BNY Mellon
Volume (1m avg. daily)
$603
AUM
$21,956,604
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
DREYFUS INSTITUTIONAL PRE
1.40%
DETNF5600553
AKER BP ASA 5.6 6/28
1.34%
n/a
US TREASURY N/ 3.375 5/33
1.17%
JPM5233690
JPMORGAN CHASE 0.768 8/25
1.17%
JXNFV5467591
JACKSON FIN I 1.125 11/23
1.13%
PNC5529450
PNC FINANCIAL 4.758 1/27
1.11%
MS26B
Morgan Stanley - 3.875% NT REDEEM 27/01/2026 USD 1000
1.09%
RABO5047967
COOPERATIEVE R 1.004 9/26
1.03%
CMCS5538062
COMCAST CORP 4.65 2/33
0.98%
ECIF5600993
ELEC DE FRANC 9.125 12/71
0.96%
Invest with RHCB

What is RHCB?

The fund seeks total return consisting of capital appreciation and income. May be appropriate for investors looking for a fund that primarily invests in securities issued by companies that demonstrate attractive investment attributes and attractive business practices based on an environmental, social and governance (ESG) methodology.

ETFs related toRHCB

ETFs correlated to RHCB include VCEB, LQD, SPBO

RHCB
BNY Mellon ETF Trust - BNY Mellon Responsible Horizons Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
GTO
Invesco Capital Management LLC - Invesco Total Return Bond ETF
USIG
BlackRock Institutional Trust Company N.A. - iShares Broad USD Investment Grade Corporate Bond ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access 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 toRHCB

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with RHCB using Composer

FAQ

RHCB is a Global Bonds ETF. The fund seeks total return consisting of capital appreciation and income. May be appropriate for investors looking for a fund that primarily invests in securities issued by companies that demonstrate attractive investment attributes and attractive business practices based on an environmental, social and governance (ESG) methodology.

Yes, RHCB is actively 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.

No, RHCB is not passively managed. It is actively 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 RHCB is -0.0105%. This is the percent change in the value of RHCB over the most recent 1-month period. The 3-month return on RHCB is -0.0236%. This is the percent change in the value of RHCB over the most recent 3-month period.

The standard deviation of RHCB for the past year is 0.0805%. 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 RHCB include IGSB, SPIB, and VCIT.

ETFs correlated to RHCB include VCEB, LQD, and SPBO.

ETFs that are inversely correlated to RHCB include TTT, TBF, and TBX.

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.