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Invesco Short Duration Bond ETF

ISDB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 09 2022
Expense Ratio
0.35%
Type
Global Bonds
Fund Owner
Invesco
Volume (1m avg. daily)
$27,690
AUM
$9,805,284
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

n/a
CBOT 5 Year US Treasury Note
7.27%
n/a
United States Treasury Note/Bond
1.48%
NWG26A
NatWest Group Plc - FXDFR NT REDEEM 10/11/2026 USD 200000
1.45%
BCS26D
Barclays plc - FXDFR NT REDEEM 02/11/2026 USD 200000
1.44%
SSL/24
Sasol Financing USA LLC - 5.875% NT REDEEM 27/03/2024 USD 200000
1.41%
NI54
Serbia - 6.25% NT REDEEM 26/05/2028 USD 200000 - 144A
1.40%
F5522243
Ford Motor Credit Co LLC
1.39%
UBS5647342
UBS AG/London
1.38%
n/a
Energy Transfer 4.5 % Notes 2019-15.04.24 Gtd Global
1.36%
AER/25B
AerCap Ireland Capital DAC - 6.50% NT REDEEM 15/07/2025 USD 150000
1.05%
Invest with ISDB

What is ISDB?

Invesco Short Duration Bond ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks total return, comprised of income and capital appreciation. The Fund seeks to achieve its investment objective by investing at least 80% of its net assets in fixed income securities, including high yield bonds, and other instruments that have similar economic characteristics. The Fund aims to maintain a portfolio maturity and duration between one and three years.

ETFs related toISDB

ETFs correlated to ISDB include AVSF, VCSH, BSCQ

ISDB
Invesco Actively Managed Exchange-Traded Fund Trust - Invesco Short Duration Bond ETF
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
BSCQ
Invesco Capital Management LLC - Invesco BulletShares 2026 Corporate Bond ETF
SLQD
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year Investment Grade Corporate Bond ETF
BSCT
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2029 Corporate Bond ETF
SUSB
iShares Trust - iShares Trust iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SPSB
SSgA Active Trust - SPDR Portfolio Short Term Corporate Bond ETF
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
ISTB
BlackRock Institutional Trust Company N.A. - iShares Core 1-5 Year USD Bond ETF
BSCS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2028 Corporate 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 toISDB

#BTD

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Risk Rating

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Risk Rating

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Create your own algorithmic trading strategy with ISDB using Composer

FAQ

ISDB is a Global Bonds ETF. Invesco Short Duration Bond ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks total return, comprised of income and capital appreciation. The Fund seeks to achieve its investment objective by investing at least 80% of its net assets in fixed income securities, including high yield bonds, and other instruments that have similar economic characteristics. The Fund aims to maintain a portfolio maturity and duration between one and three years.

Yes, ISDB is actively 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.

No, ISDB is not passively managed. It is actively 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 ISDB is 0.003%. This is the percent change in the value of ISDB over the most recent 1-month period. The 3-month return on ISDB is 0.0084%. This is the percent change in the value of ISDB over the most recent 3-month period.

ETFs similar to ISDB include GVI, BLV, and BSV.

ETFs correlated to ISDB include AVSF, VCSH, and BSCQ.

ETFs that are inversely correlated to ISDB include TBX, PST, and TBF.

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.