Snapshot*
Top 10 Holdings
What is SBND?
This fund seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage Short Term Bond Index. The Beta Advantage Short Term Bond Index is a fixed weight composite index that blends six custom sub-indices based off the following Bloomberg flagship indices: US Corporate, US High Yield, US MBS, US CMBS, US ABS, and the EM USD Aggregate. As part of its short duration bond focus,the Index reflects a rules-based strategic beta approach to measuring the performance of the debt market through representation of segments of the debt market in the Index, each focused on yield, quality, and liquidity of the particular segment. The Index, and therefore the Fund, will have exposure to the following segments of the debt market (% amount noted is the Index s allocation to the particular segment at Index rebalancing and reconstitution,as described below): U.S. securitized debt (30%); U.S. corporate investment grade bonds (30%); U.S. corporate highyield bonds (20%); and emerging markets sovereign and quasi-sovereign debt (20%).
SBNDPerformance Measures**
for the time period Sep 21, 2021 to Aug 6, 2026
1M Trailing Return: -0.2%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 0.3%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -10.8%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 3.6%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.68
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.22
The annualized return divided by the max drawdown for the selected time period.
ETFs related toSBND
ETFs correlated to SBND include DIAL, IGIB, BSCS
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.
Trading Strategies
Related toSBND
[Do not sell; let it grow] [Volatile Strategy] [Well Trusted] V9a -- Alpha build -- Thinh Nguyen
Category
Tactical allocation, Trend following, Mean reversion, Leveraged ETFs, Volatility hedging, Risk-on/off, Tech-focused, Treasuries, Gold
OOS Cumulative Return
268.74%
Inflation Protected Simple Beta Baller Signal | IEF>IBTK (Other IBT*, SPTI ,SCHQ are related) & SHY>SBND (IBTF, ITBG, ITBE are related)
Category
Semiconductors, leveraged ETFs, tactical, momentum, mean reversion, bond signals, risk-on/risk-off, daily
OOS Cumulative Return
147.79%
Create your own algorithmic trading strategy with SBND using Composer
FAQ
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.