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iShares Trust iShares iBonds Dec 2031 Term Treasury ETF

IBTL
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jul 14 2021
Expense Ratio
0.07%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$420,118
AUM
$86,803,178
Associated Index
ICE 2031 Maturity US Treasury Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
TREASURY NOTE
25.44%
n/a
TREASURY NOTE
25.32%
n/a
TREASURY NOTE
24.98%
n/a
TREASURY NOTE
23.68%
XTSLA
BLK CSH FND TREASURY SL AGENCY
0.32%
US31FE
United States Of America - 5.375% BD REDEEM 15/02/2031 USD 1000
0.25%
n/a
USD CASH
0.02%
Invest with IBTL

What is IBTL?

The iShares iBonds Dec 2031 Term Treasury ETF seeks to track the investment results of an index composed of U.S. Treasury bonds maturing in 2031. The Underlying Index consists of publicly-issued U.S.Treasury securities that are scheduled to mature after December 31, 2030 and before December 16, 2030. Qualifying securities are U.S. Treasury notes and bonds having $1 billion or more of outstanding face value, excluding amounts held by the Federal Reserve System Open Market Account ( SOMA ). In addition, the securities inthe Underlying Index must have a fixed coupon schedule and be denominated in U.S. dollars.

ETFs related toIBTL

ETFs correlated to IBTL include IEF, TYD, UTEN

IBTL
iShares Trust - iShares iBonds Dec 2031 Term Treasury ETF
IEF
BlackRock Institutional Trust Company N.A. - iShares 7-10 Year Treasury Bond ETF
TYD
Direxion Shares ETF Trust - Direxion Daily 7-10 Year Treasury Bull 3X Shares
UTEN
Rbb Fund Inc - US Treasury 10 Year Note ETF
IBTK
iShares Trust - iShares iBonds Dec 2030 Term Treasury ETF
GOVT
BlackRock Institutional Trust Company N.A. - iShares U.S. Treasury Bond ETF
IBTJ
iShares Trust - iShares iBonds Dec 2029 Term Treasury ETF
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF
SCHR
Schwab Strategic Trust - Schwab Intermediate-Term U.S. Treasury ETF
VGIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Treasury ETF
SPTI
SPDR Series Trust - SPDR Portfolio Intermediate Term Treasury 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 toIBTL

#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 IBTL using Composer

FAQ

IBTL is a US Bonds ETF. The iShares iBonds Dec 2031 Term Treasury ETF seeks to track the investment results of an index composed of U.S. Treasury bonds maturing in 2031. The Underlying Index consists of publicly-issued U.S.Treasury securities that are scheduled to mature after December 31, 2030 and before December 16, 2030. Qualifying securities are U.S. Treasury notes and bonds having $1 billion or more of outstanding face value, excluding amounts held by the Federal Reserve System Open Market Account ( SOMA ). In addition, the securities inthe Underlying Index must have a fixed coupon schedule and be denominated in U.S. dollars.

IBTL tracks the ICE 2031 Maturity US Treasury Index.

No, IBTL 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, IBTL 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 IBTL is -0.0184%. This is the percent change in the value of IBTL over the most recent 1-month period. The 3-month return on IBTL is -0.0486%. This is the percent change in the value of IBTL over the most recent 3-month period.

The standard deviation of IBTL for the past year is 0.0982%. 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 IBTL include SHY, BIL, and TLT.

ETFs correlated to IBTL include IEF, TYD, and UTEN.

ETFs that are inversely correlated to IBTL 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.