iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
Snapshot*
Top 10 Holdings
What is IGIB?
The iShares Intermediate-Term Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated investment-grade corporate bonds with remaining maturities between five and ten years.
ETFs related toIGIB
ETFs correlated to IGIB include VCIT, SCHI, BSCU
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 toIGIB
Rotating Bonds
Smarter Dividends
Create your own algorithmic trading strategy with IGIB using Composer
News Related to IGIB
UBS Maintains Neutral on BlackRock, Lowers Price Target to $1010
Apr 11, 2025 • by Benzinga NewsdeskBlackRock's Options: A Look at What the Big Money is Thinking
Apr 11, 2025 • by Benzinga Insights
BlackRock's Bold Quarter: EPS Tops, $11.6 Trillion AUM, $84 Billion Inflows Power Growth
Apr 11, 2025 • by Lekha Gupta
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.