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ETFs

PIMCO Enhanced Short Maturity Active ESG ETF

EMNT
$--
Today’s Change
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Snapshot
*

Inception Date
Dec 10 2019
Expense Ratio
0.25%
Type
Global Bonds
Fund Owner
PIMCO
Volume (1m avg. daily)
$534,192
AUM
$160,786,308
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SMFG24B
Sumitomo Mitsui Financial Group Inc - 0.508% NT REDEEM 12/01/2024 USD 200000
1.84%
TD5050782
TORONTO DOMINION BANK SR UNSECURED 09/23 VAR
1.44%
n/a
GLOBAL PMTS INC
1.42%
BAX5415129
BAXTER INTERNATIONAL INC SR UNSECURED 12/23 VAR
1.18%
PRU4072236
FIVE CORNERS FUNDING TRS SR UNSECURED 144A 11/23 4.419
1.18%
JDEPF5263508
JDE PEET S NV COMPANY GUAR 144A 09/24 0.8
1.18%
HCA/24
HCA Inc. - 5% NT REDEEM 15/03/2024 USD 2000
1.18%
KDP24
Keurig Dr Pepper Inc - 0.75% NT REDEEM 15/03/2024 USD 2000
1.15%
n/a
Gldm Sachs Grp Medium Term Notes 2013-29.11.23 Sr Series D Tranche 591 Fltg Rt
1.12%
n/a
Cox Communications 3.15 % Notes 2017-15.08.24 -144A-
1.10%
Invest with EMNT

What is EMNT?

The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards. Fixed Income Instruments include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public-or private-sector entities. The average portfolio duration of this Fund will vary based on PIMCO s market forecasts and will normally not exceed one year. Duration is a measure used to determine the sensitivity of a security s price to changes in interest rates. The longer a security s duration, the more sensitive it will be to changes in interest rates. The dollar-weighted average portfolio maturity of the Fund is normally not expected to exceed three years.

ETFs related toEMNT

ETFs correlated to EMNT include SPSB, DFSD, SCHJ

EMNT
Pimco Exchange Traded Fund - PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund
SPSB
SSgA Active Trust - SPDR Portfolio Short Term Corporate Bond ETF
DFSD
Dimensional ETF Trust - Dimensional Short-Duration Fixed Income ETF
SCHJ
Schwab Strategic Trust - Schwab 1-5 Year Corporate Bond ETF
IBTH
iShares Trust - iShares iBonds Dec 2027 Term Treasury ETF
IBDS
iShares Trust - iShares iBonds Dec 2027 Term Corporate ETF
BSCR
Invesco Capital Management LLC - Invesco BulletShares 2027 Corporate Bond ETF
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
IBTI
iShares Trust - iShares iBonds Dec 2028 Term Treasury ETF
BSV
Vanguard Group, Inc. - Vanguard Short-Term 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 toEMNT

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EMNT using Composer

FAQ

EMNT is a Global Bonds ETF. The Fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets in a diversified portfolio of Fixed Income Instruments of varying maturities, which may be represented by forwards. Fixed Income Instruments include bonds, debt securities and other similar instruments issued by various U.S. and non-U.S. public-or private-sector entities. The average portfolio duration of this Fund will vary based on PIMCO s market forecasts and will normally not exceed one year. Duration is a measure used to determine the sensitivity of a security s price to changes in interest rates. The longer a security s duration, the more sensitive it will be to changes in interest rates. The dollar-weighted average portfolio maturity of the Fund is normally not expected to exceed three years.

Yes, EMNT 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, EMNT 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 EMNT is 0.0047%. This is the percent change in the value of EMNT over the most recent 1-month period. The 3-month return on EMNT is 0.0145%. This is the percent change in the value of EMNT over the most recent 3-month period.

The standard deviation of EMNT for the past year is 0.0173%. 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 EMNT include GVI, BLV, and BND.

ETFs correlated to EMNT include SPSB, DFSD, and SCHJ.

ETFs that are inversely correlated to EMNT include PST, TBX, 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.