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WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund

SHAG
$
Today’s Change
()

Snapshot
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Inception Date
May 18, 2017
Expense Ratio
0.12%
Type
US Bonds
Fund Owner
Wisdom Tree
Volume (1m avg. daily)
$375,209
AUM
$97,588,480
Associated Index
Bloomberg U.S. Short Aggregate Enhanced Yield Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

US Treasury Note 0.5% 3/31/2025
9.4%
Us Treasury N/B 4.375% 8/15/2026
7.07%
Fannie Mae 3 % TBA MBS Single Family 15 Years Maturity Settles October
4.66%
US Treasury Bill
4.53%
US Treasury N/B 3.5% 1/31/2028
3.62%
US Treasury Bill
3.48%
US Treasury N/B 0.625% 7/31/2026
2.81%
FNCI 2.5 10/14
2.56%
US Treasury N/B 0.75% 4/30/2026
1.58%
US Treasury N/B 2.5% 3/31/2027
1.52%

What is SHAG?

The WisdomTree Barclays Yield Enhanced U.S. Short-Term Aggregate Bond Fund seeks to track the price and yield performance, before fees and expenses, of the Bloomberg U.S. Short Aggregate Enhanced Yield Index. An income-oriented opportunity for investors looking to pragmatically enhance yield. Designed as an enhanced yield alternative for a core fixed income strategy. For investors seeking opportunities across different parts of the yield curve.

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ETFs related toSHAG

ETFs correlated to SHAG include BSV, AVSF, ISTB

SHAG
WisdomTree Trust - WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund
BSV
Vanguard Group, Inc. - Vanguard Short-Term Bond ETF
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
ISTB
BlackRock Institutional Trust Company N.A. - iShares Core 1-5 Year USD Bond ETF
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF
IBTH
iShares Trust - iShares iBonds Dec 2027 Term Treasury ETF
IBTI
iShares Trust - iShares iBonds Dec 2028 Term Treasury ETF
SPTI
SPDR Series Trust - SPDR Portfolio Intermediate Term Treasury ETF
VGIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Treasury ETF
SCHR
Schwab Strategic Trust - Schwab Intermediate-Term U.S. Treasury ETF
GVI
BlackRock Institutional Trust Company N.A. - iShares Intermediate Government/Credit 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.

FAQ

SHAG is a US Bonds ETF. The WisdomTree Barclays Yield Enhanced U.S. Short-Term Aggregate Bond Fund seeks to track the price and yield performance, before fees and expenses, of the Bloomberg U.S. Short Aggregate Enhanced Yield Index. An income-oriented opportunity for investors looking to pragmatically enhance yield. Designed as an enhanced yield alternative for a core fixed income strategy. For investors seeking opportunities across different parts of the yield curve.

SHAG tracks the Bloomberg U.S. Short Aggregate Enhanced Yield Index.

No, SHAG 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, SHAG 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 SHAG is -0.0003%. This is the percent change in the value of SHAG over the most recent 1-month period. The 3-month return on SHAG is -0.0012%. This is the percent change in the value of SHAG over the most recent 3-month period.

The standard deviation of SHAG for the past year is 0.0364%. 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 SHAG include BLV, BND, and AGG.

ETFs correlated to SHAG include BSV, AVSF, and ISTB.

ETFs that are inversely correlated to SHAG include PST, TBX, and TTT.

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.