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iShares Morningstar Multi-Asset Income ETF

IYLD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 03 2012
Expense Ratio
0.59%
Type
Global Diversified
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$444,998
AUM
$126,060,913
Associated Index
Morningstar Multi-Asset High Income Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
19.78%
FLOT
BlackRock Institutional Trust Company N.A. - iShares Floating Rate Bond ETF
14.91%
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
14.87%
PFF
BlackRock Institutional Trust Company N.A. - iShares Trust iShares Preferred and Income Securities ETF
12.97%
IDV
BlackRock Institutional Trust Company N.A. - iShares International Select Dividend ETF
10.26%
DVYE
BlackRock Institutional Trust Company N.A. - iShares Emerging Markets Dividend ETF
10.21%
REM
Remgro Ltd
7.05%
LEMB
BlackRock Institutional Trust Company N.A. - iShares J.P. Morgan EM Local Currency Bond ETF
4.95%
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
4.85%
XTSLA
BLK CSH FND TREASURY SL AGENCY
0.12%
Invest with IYLD

What is IYLD?

The iShares Morningstar Multi-Asset Income Index Fund seeks to replicate the Morningstar Multi-Asset High Income Index, a broadly diversified index which seeks to deliver high current income while maintaining long term capital appreciation. The Index consists of a comprehensive set of iShares exchange traded funds (ETFs) that collectively target equity, fixed income, and alternative income sources. The goal of the Index is to represent an allocation strategy of 60% fixed income, 20% equity, and 20% alternative income sources.

ETFs related toIYLD

ETFs correlated to IYLD include VSS, AOA, SCHC

IYLD
BlackRock Institutional Trust Company N.A. - iShares Morningstar Multi-Asset Income ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 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 toIYLD

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with IYLD using Composer

FAQ

IYLD is a Global Diversified ETF. The iShares Morningstar Multi-Asset Income Index Fund seeks to replicate the Morningstar Multi-Asset High Income Index, a broadly diversified index which seeks to deliver high current income while maintaining long term capital appreciation. The Index consists of a comprehensive set of iShares exchange traded funds (ETFs) that collectively target equity, fixed income, and alternative income sources. The goal of the Index is to represent an allocation strategy of 60% fixed income, 20% equity, and 20% alternative income sources.

IYLD tracks the Morningstar Multi-Asset High Income Index.

No, IYLD 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, IYLD 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 IYLD is 0.0059%. This is the percent change in the value of IYLD over the most recent 1-month period. The 3-month return on IYLD is 0.0073%. This is the percent change in the value of IYLD over the most recent 3-month period.

The standard deviation of IYLD for the past year is 0.1018%. 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 IYLD include DRSK, FPEI, and RLY.

ETFs correlated to IYLD include VSS, AOA, and SCHC.

ETFs that are inversely correlated to IYLD include EFZ, SJB, and EPV.

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.