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ETFs

Legg Mason ETF Investment Trust Western Asset Short Duration Income ETF

WINC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 07 2019
Expense Ratio
0.29%
Type
Global Bonds
Fund Owner
Franklin Templeton
Volume (1m avg. daily)
$145,747
AUM
$17,550,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Aviation Cap 4.125 % Notes 2018-01.08.25 -144A-
1.88%
n/a
ABPCI 2020-9A A1R
1.51%
CS4997214
CREDIT SUISSE 2.193 6/26
1.45%
CS/23B
Credit Suisse Group Funding (Guernsey) Ltd - 3.80% NT REDEEM 09/06/2023 USD 250000
1.42%
n/a
HLA 2017-2A A2
1.40%
LVS25
Las Vegas Sands Corp - 2.90% NT REDEEM 25/06/2025 USD 2000
1.34%
BAC5168823
BANK OF AMER C 1.734 7/27
1.27%
DNSK5522624
DANSKE BANK A/ 6.466 1/26
1.20%
TEVA5549924
TEVA PHARMACEU 8.125 9/31
1.19%
n/a
NEUB 2021-42A A
1.17%
Invest with WINC

What is WINC?

The Western Asset Short Duration Income ETF is an actively managed, low duration (0-3 years) fixed income strategy that seeks current income via a diversified portfolio with an emphasis on lower interest rate sensitivity, higher credit quality and active credit selection. The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in investment grade fixed income securities. Corporate debt securities, including notes, bonds, debentures and commercial paper, are fixed income securities usually issued by businesses to finance their operations. These securities may be secured or unsecured, may be issued by U.S. or foreign entities and may carry variable or floating rates of interest.

ETFs related toWINC

ETFs correlated to WINC include JSCP, SPSB, VCSH

WINC
Legg Mason ETF Investment Trust - Western Asset Short Duration Income ETF
JSCP
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Short Duration Core Plus ETF
SPSB
SSgA Active Trust - SPDR Portfolio Short Term Corporate Bond ETF
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
JPIE
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Income ETF
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
SUSB
iShares Trust - iShares Trust iShares ESG Aware 1-5 Year USD Corporate Bond ETF
ISTB
BlackRock Institutional Trust Company N.A. - iShares Core 1-5 Year USD Bond ETF
BSCP
Invesco Capital Management LLC - Invesco BulletShares 2025 Corporate Bond ETF
SLQD
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year Investment Grade Corporate Bond ETF
BSCQ
Invesco Capital Management LLC - Invesco BulletShares 2026 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 toWINC

#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 WINC using Composer

FAQ

WINC is a Global Bonds ETF. The Western Asset Short Duration Income ETF is an actively managed, low duration (0-3 years) fixed income strategy that seeks current income via a diversified portfolio with an emphasis on lower interest rate sensitivity, higher credit quality and active credit selection. The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in investment grade fixed income securities. Corporate debt securities, including notes, bonds, debentures and commercial paper, are fixed income securities usually issued by businesses to finance their operations. These securities may be secured or unsecured, may be issued by U.S. or foreign entities and may carry variable or floating rates of interest.

Yes, WINC 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, WINC 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 WINC is -0.0048%. This is the percent change in the value of WINC over the most recent 1-month period. The 3-month return on WINC is 0.0187%. This is the percent change in the value of WINC over the most recent 3-month period.

The standard deviation of WINC for the past year is 0.047%. 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 WINC include USIG, VCIT, and HYG.

ETFs correlated to WINC include JSCP, SPSB, and VCSH.

ETFs that are inversely correlated to WINC include TBX, PST, and SJB.

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.