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ETFs

Invesco 0-5 Yr US TIPS ETF

PBTP
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 22 2017
Expense Ratio
0.07%
Type
US Bonds
Fund Owner
Invesco
Volume (1m avg. daily)
$372,710
AUM
$77,511,374
Associated Index
ICE BofA Merrill Lynch 0-5 Year US Inflation-Linked Treasury Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
United States Treasury Inflation Indexed Bonds
5.34%
n/a
United States Treasury Notes 2014-15.7.24 Inflation Indexed Inflation ratio daily update
5.19%
n/a
United States Treasury Inflation Indexed Bonds
5.19%
n/a
United States Treasury Inflation Indexed Bonds
5.15%
n/a
United States Treasury Inflation Indexed Bonds
5.10%
n/a
United States Treasury Inflation Indexed Bonds
4.54%
n/a
United States Treasury Inflation Indexed Bonds
4.51%
n/a
United States Treasury Inflation Indexed Bonds
4.50%
n/a
United States Treasury Inflation Indexed Bonds
4.43%
n/a
United States Treasury Inflation Indexed Bonds
4.37%
Invest with PBTP

What is PBTP?

The Invesco PureBeta, 0-5 Yr US TIPS ETF (the "fund") is based on the ICE BofAML 0-5 Year US Inflation-Linked Treasury Index, (the "index"). The fund will invest at least 80% of its total assets in securities that comprise the index. The index measures the performance of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of at least one month and less than five years. The fund and the index are rebalanced monthly on the last calendar day.

ETFs related toPBTP

ETFs correlated to PBTP include STPZ, VTIP, TDTT

PBTP
Invesco Capital Management LLC - Invesco 0-5 Yr US TIPS ETF
STPZ
Pimco Exchange Traded Fund - PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund
VTIP
Vanguard Malvern Funds - Vanguard Short-Term Inflation-Protected Securities Index Fund
TDTT
FlexShares Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
STIP
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year TIPS Bond ETF
TIPX
SPDR Series Trust - SPDR Bloomberg 1-10 Year TIPS ETF
TDTF
FlexShares Trust - FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
DFIP
Dimensional ETF Trust - Dimensional Inflation-Protected Securities ETF
TIP
BlackRock Institutional Trust Company N.A. - iShares TIPS Bond ETF
SCHP
Schwab Strategic Trust - Schwab U.S. Tips ETF
SPIP
SPDR Series Trust - SPDR Portfolio TIPS 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 toPBTP

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PBTP using Composer

FAQ

PBTP is a US Bonds ETF. The Invesco PureBeta, 0-5 Yr US TIPS ETF (the "fund") is based on the ICE BofAML 0-5 Year US Inflation-Linked Treasury Index, (the "index"). The fund will invest at least 80% of its total assets in securities that comprise the index. The index measures the performance of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of at least one month and less than five years. The fund and the index are rebalanced monthly on the last calendar day.

PBTP tracks the ICE BofA Merrill Lynch 0-5 Year US Inflation-Linked Treasury Index.

No, PBTP 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, PBTP 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 PBTP is 0.0008%. This is the percent change in the value of PBTP over the most recent 1-month period. The 3-month return on PBTP is 0.0024%. This is the percent change in the value of PBTP over the most recent 3-month period.

The standard deviation of PBTP for the past year is 0.0399%. 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 PBTP include IVOL, RINF, and TIPZ.

ETFs correlated to PBTP include STPZ, VTIP, and TDTT.

ETFs that are inversely correlated to PBTP include TBX, PST, and DBMF.

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.