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ETFs

iShares Trust iShares Emergent Food and AgTech Multisector ETF

IVEG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 25 2022
Expense Ratio
0.47%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$9,722
AUM
$5,599,147
Associated Index
Morningstar Global Food Innovation Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

ECL
Ecolab, Inc.
5.37%
PKG
Packaging Corp Of America
4.80%
BN
Danone
4.74%
6326
Kubota Corporation
4.57%
BAYN
Bayer AG - Registered Shares
4.13%
IP
International Paper Co.
4.11%
BAS
Basf SE
4.03%
TRMB
Trimble Inc
3.94%
DE
Deere & Co.
3.90%
K
Kellogg Co
3.76%
Invest with IVEG

What is IVEG?

The iShares Emergent Food and AgTech Multisector ETF seeks to track the investment results of an index composed of companies from U.S. and non-U.S. markets that are expected to benefit from creating or using agricultural technologies or innovative food products or services.

ETFs related toIVEG

ETFs correlated to IVEG include MOO, FMAT, VAW

IVEG
iShares Trust - iShares Emergent Food and AgTech Multisector ETF
MOO
VanEck ETF Trust - VanEck Agribusiness ETF
FMAT
Fidelity Covington Trust - Fidelity MSCI Materials Index ETF
VAW
Vanguard Group, Inc. - Vanguard Materials ETF
XLB
SSgA Active Trust - Materials Select Sector SPDR
JPUS
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Equity ETF
JPME
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return U.S. Mid Cap Equity ETF
VEGI
BlackRock Institutional Trust Company N.A. - iShares MSCI Agriculture Producers ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
IYM
BlackRock Institutional Trust Company N.A. - iShares U.S. Basic Materials ETF
IMCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Value 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 toIVEG

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IVEG using Composer

FAQ

IVEG is a Global Equities ETF. The iShares Emergent Food and AgTech Multisector ETF seeks to track the investment results of an index composed of companies from U.S. and non-U.S. markets that are expected to benefit from creating or using agricultural technologies or innovative food products or services.

IVEG tracks the Morningstar Global Food Innovation Index.

No, IVEG 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, IVEG 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 IVEG is -0.0198%. This is the percent change in the value of IVEG over the most recent 1-month period. The 3-month return on IVEG is -0.0317%. This is the percent change in the value of IVEG over the most recent 3-month period.

The standard deviation of IVEG for the past year is 0.1863%. 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 IVEG include PBW, IGF, and ARKK.

ETFs correlated to IVEG include MOO, FMAT, and VAW.

ETFs that are inversely correlated to IVEG include TZA, RWM, and TWM.

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.