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ETFs

iShares iBonds Dec 2027 Term Muni Bond ETF

IBMP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 11 2019
Expense Ratio
0.18%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,092,257
AUM
$278,557,961
Associated Index
S&P AMT-Free Municipal Callable Factor Adjusted 2027 Series Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
NEW JERSEY ST
0.57%
n/a
BAY AREA TOLL AUTH CALIF TOLL
0.55%
n/a
State of Illinois 5 % Bonds 2017-01.11.27 Series D
0.52%
n/a
NORTHSIDE TEX INDPT SCH DIST
0.45%
n/a
LOS ANGELES CNTY CALIF MET TRA
0.43%
n/a
MICHIGAN ST
0.41%
n/a
ROUND ROCK TEX INDPT SCH DIST
0.40%
n/a
ALABAMA ST PUB SCH & COLLEGE A
0.40%
n/a
MISSISSIPPI ST
0.39%
n/a
ALABAMA FED AID HWY FIN AUTH S
0.38%
Invest with IBMP

What is IBMP?

The iShares iBonds Dec 2027 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds expected to mature or be redeemed before December 2, 2027.

ETFs related toIBMP

ETFs correlated to IBMP include IBMQ, VTES, SCMB

IBMP
iShares Trust - iShares iBonds Dec 2027 Term Muni Bond ETF
IBMQ
iShares Trust - iShares iBonds Dec 2028 Term Muni Bond ETF
VTES
Vanguard Wellington Fund - Vanguard Short-Term Tax Exempt Bond ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
DFNM
Dimensional ETF Trust - Dimensional National Municipal Bond ETF
JMUB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Municipal ETF
IBMO
iShares Trust - iShares iBonds Dec 2026 Term Muni Bond ETF
ITM
VanEck ETF Trust - VanEck Intermediate Muni ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
NYF
BlackRock Institutional Trust Company N.A. - iShares New York Muni Bond ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni 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 toIBMP

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with IBMP using Composer

FAQ

IBMP is a US Bonds ETF. The iShares iBonds Dec 2027 Term Muni Bond ETF seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds expected to mature or be redeemed before December 2, 2027.

IBMP tracks the S&P AMT-Free Municipal Callable Factor Adjusted 2027 Series Index.

No, IBMP 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, IBMP 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 IBMP is -0.0087%. This is the percent change in the value of IBMP over the most recent 1-month period. The 3-month return on IBMP is -0.0145%. This is the percent change in the value of IBMP over the most recent 3-month period.

The standard deviation of IBMP for the past year is 0.0316%. 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 IBMP include SUB, HYD, and VTEB.

ETFs correlated to IBMP include IBMQ, VTES, and SCMB.

ETFs that are inversely correlated to IBMP include PST, TBX, and TMV.

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.