Snapshot*
Top 10 Holdings
What is IBMN?
The iShares iBonds Dec 2025 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds maturing after December 31, 2024 and before December 2, 2025. Underlying Index includes municipal bonds primarily from issuers that are state or local governments or agencies such that the interest on the bonds is exempt from U.S. federal income taxes and the federal alternative minimum tax ( AMT ).
ETFs related toIBMN
ETFs correlated to IBMN include VTES, IBMO, IBMQ
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 toIBMN
Pick the Trending Commodity
Diversification at its Best
Create your own algorithmic trading strategy with IBMN using Composer
News Related to IBMN
After A 'Good Run' For Utilities In 2022, Analyst Says 'Trade Is Over – For Now,' But Retains Bullish Bias On These Stocks
Jan 17, 2023 • by Shanthi Rexaline
12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
Apr 25, 2022 • by Benzinga Insights
12 Consumer Discretionary Stocks Moving In Thursday's Pre-Market Session
Apr 21, 2022 • by Benzinga Insights
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.