Snapshot*
Top 10 Holdings
What is IUSB?
The iShares Core Total USD Bond Market ETF seeks to track the investment results of an index composed of U.S. dollar-denominated bonds that are rated either investment grade or high-yield. Access to potentially higher yielding bond categories not included in the U.S. Aggregate Bond Index. Low cost, comprehensive exposure to the broad U.S. dollar-denominated bond market.
ETFs related toIUSB
ETFs correlated to IUSB include AGG, BND, SCHZ
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 toIUSB
Pick the Trending Asset Class
Category
Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum
Risk Rating
Moderate
Diversify with Private Equity
Create your own algorithmic trading strategy with IUSB using Composer
News Related to IUSB
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.