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ETFs

iShares iBonds Dec 2028 Term Muni Bond ETF

IBMQ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 16 2019
Expense Ratio
0.18%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,391,557
AUM
$201,907,558
Associated Index
S&P AMT-Free Municipal Callable Factor Adjusted 2028 Series Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
NEW JERSEY ST
0.65%
n/a
NORTH CAROLINA ST
0.59%
n/a
State of Penn 5 % Bonds 2017-01.01.28 Series 2017
0.54%
n/a
HAMPTON RDS VA TRANSN ACCOUNTA
0.53%
n/a
ILLINOIS FIN AUTH REV
0.47%
n/a
NEW MEXICO ST SEVERANCE TAX
0.46%
n/a
NEW YORK ST DORM AUTH SALES TA
0.42%
n/a
St CA 5 % Bonds 2019-01.04.28 General Obligation Refunding Various Purpose
0.41%
n/a
EL CAMINO CA CMNTY CLG DIST
0.41%
n/a
State of Illinois 5 % Bonds 2018-01.10.28 Refunding September Series A
0.40%
Invest with IBMQ

What is IBMQ?

The iShares iBonds Dec 2028 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, 2028.

ETFs related toIBMQ

ETFs correlated to IBMQ include IBMP, SCMB, VTES

IBMQ
iShares Trust - iShares iBonds Dec 2028 Term Muni Bond ETF
IBMP
iShares Trust - iShares iBonds Dec 2027 Term Muni Bond ETF
SCMB
Schwab Strategic Trust - Schwab Municipal Bond ETF
VTES
Vanguard Wellington Fund - Vanguard Short-Term Tax Exempt Bond ETF
DFNM
Dimensional ETF Trust - Dimensional National Municipal Bond ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
JMUB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Municipal ETF
ITM
VanEck ETF Trust - VanEck Intermediate Muni ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
CGMU
Capital Group Fixed Income ETF Trust - Capital Group Municipal Income ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt 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 toIBMQ

#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 IBMQ using Composer

FAQ

IBMQ is a US Bonds ETF. The iShares iBonds Dec 2028 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, 2028.

IBMQ tracks the S&P AMT-Free Municipal Callable Factor Adjusted 2028 Series Index.

No, IBMQ 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, IBMQ 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 IBMQ is -0.0113%. This is the percent change in the value of IBMQ over the most recent 1-month period. The 3-month return on IBMQ is -0.0203%. This is the percent change in the value of IBMQ over the most recent 3-month period.

The standard deviation of IBMQ for the past year is 0.0358%. 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 IBMQ include SUB, HYD, and NYF.

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

ETFs that are inversely correlated to IBMQ 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.