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ETFs

iShares Trust iShares USD Green Bond ETF

BGRN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 13 2018
Expense Ratio
0.20%
Type
Global Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$665,442
AUM
$317,062,865
Associated Index
Bloomberg MSCI USD Green Bond Select Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
EUROPEAN INVESTMENT BANK
1.99%
n/a
EIB 2.125 % Bonds 2016-13.4.26 Global
1.22%
n/a
KFW MTN
1.16%
XTSLA
BLK CSH FND TREASURY SL AGENCY
1.09%
n/a
EUROPEAN INVESTMENT BANK
1.03%
BNKQ4899963
BANK OF AMERICA CORP MTN
1.02%
n/a
ISRAEL (STATE OF)
0.94%
n/a
KFW
0.92%
31ZW
International Finance Corporation - 2.125% NT REDEEM 07/04/2026 USD 1000
0.91%
n/a
World Bank 3.125 % Medium Term Notes 2018-20.11.25
0.87%
Invest with BGRN

What is BGRN?

The iShares USD Green Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated investment-grade green bonds that are issued by U.S. and non-U.S. issuers to fund environmental projects. It provides exposure to U.S. dollar-denominated, investment-grade green bonds whose proceeds are exclusively applied to projects or activities that promote climate or other environmental sustainability purposes.

ETFs related toBGRN

ETFs correlated to BGRN include AVIG, IGIB, VCIT

BGRN
iShares Trust - iShares USD Green Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
IBDX
iShares Trust - iShares iBonds Dec 2032 Term Corporate ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
SCHI
Schwab Strategic Trust - Schwab 5-10 Year Corporate Bond ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate 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 toBGRN

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with BGRN using Composer

FAQ

BGRN is a Global Bonds ETF. The iShares USD Green Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated investment-grade green bonds that are issued by U.S. and non-U.S. issuers to fund environmental projects. It provides exposure to U.S. dollar-denominated, investment-grade green bonds whose proceeds are exclusively applied to projects or activities that promote climate or other environmental sustainability purposes.

BGRN tracks the Bloomberg MSCI USD Green Bond Select Index.

No, BGRN 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, BGRN 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 BGRN is -0.0082%. This is the percent change in the value of BGRN over the most recent 1-month period. The 3-month return on BGRN is -0.0226%. This is the percent change in the value of BGRN over the most recent 3-month period.

The standard deviation of BGRN for the past year is 0.0709%. 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 BGRN include GSY, GVI, and BLV.

ETFs correlated to BGRN include AVIG, IGIB, and VCIT.

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

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.