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ETFs

Columbia Short Duration Bond ETF

SBND
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 21 2021
Expense Ratio
0.25%
Type
Global Bonds
Fund Owner
Columbia Management
Volume (1m avg. daily)
$68,983
AUM
$49,984,055
Associated Index
Beta Advantage Short Term Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

B 0 12/14/23
TREASURY BILL
7.25%
n/a
UMBS 15YR TBA(REG B)
4.01%
n/a
UMBS 15YR TBA(REG B)
3.27%
n/a
DREYFUS TRSY PRIME CASH MGMT - IN
1.77%
5566
Industrial & Commercial Bank of China Ltd. - 4.875% NT REDEEM 21/09/2025 USD 200000 - Reg S
0.82%
n/a
Ecopetrol 5.375 % Notes 2015-26.6.26 Global
0.79%
n/a
Oman - 5.625% NT REDEEM 17/01/2028 USD 200000 - Reg S
0.72%
n/a
UMBS 15YR TBA(REG B)
0.70%
66YQ
JSC National Company KazMunayGas - 4.75% NT REDEEM 19/04/2027 USD 200000 - Reg S
0.69%
KOBC
Colombia - 4.50% BD REDEEM 28/01/2026 USD 200000
0.66%
Invest with SBND

What is SBND?

This fund seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage Short Term Bond Index. The Beta Advantage Short Term Bond Index is a fixed weight composite index that blends six custom sub-indices based off the following Bloomberg flagship indices: US Corporate, US High Yield, US MBS, US CMBS, US ABS, and the EM USD Aggregate. As part of its short duration bond focus,the Index reflects a rules-based strategic beta approach to measuring the performance of the debt market through representation of segments of the debt market in the Index, each focused on yield, quality, and liquidity of the particular segment. The Index, and therefore the Fund, will have exposure to the following segments of the debt market (% amount noted is the Index s allocation to the particular segment at Index rebalancing and reconstitution,as described below): U.S. securitized debt (30%); U.S. corporate investment grade bonds (30%); U.S. corporate highyield bonds (20%); and emerging markets sovereign and quasi-sovereign debt (20%).

ETFs related toSBND

ETFs correlated to SBND include DIAL, IGIB, BSCS

SBND
Columbia ETF Trust I - Columbia Short Duration Bond ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
IGIB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF
BSCS
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2028 Corporate Bond ETF
VCIT
Vanguard Group, Inc. - Vanguard Intermediate-Term Corporate Bond ETF
BSCR
Invesco Capital Management LLC - Invesco BulletShares 2027 Corporate Bond ETF
SPIB
SSgA Active Trust - SPDR Portfolio Intermediate Term Corporate Bond ETF
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
SCHI
Schwab Strategic Trust - Schwab 5-10 Year Corporate Bond ETF
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade 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 toSBND

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SBND using Composer

FAQ

SBND is a Global Bonds ETF. This fund seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage Short Term Bond Index. The Beta Advantage Short Term Bond Index is a fixed weight composite index that blends six custom sub-indices based off the following Bloomberg flagship indices: US Corporate, US High Yield, US MBS, US CMBS, US ABS, and the EM USD Aggregate. As part of its short duration bond focus,the Index reflects a rules-based strategic beta approach to measuring the performance of the debt market through representation of segments of the debt market in the Index, each focused on yield, quality, and liquidity of the particular segment. The Index, and therefore the Fund, will have exposure to the following segments of the debt market (% amount noted is the Index s allocation to the particular segment at Index rebalancing and reconstitution,as described below): U.S. securitized debt (30%); U.S. corporate investment grade bonds (30%); U.S. corporate highyield bonds (20%); and emerging markets sovereign and quasi-sovereign debt (20%).

SBND tracks the Beta Advantage Short Term Bond Index.

No, SBND 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, SBND 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 SBND is -0.0011%. This is the percent change in the value of SBND over the most recent 1-month period. The 3-month return on SBND is -0.0025%. This is the percent change in the value of SBND over the most recent 3-month period.

The standard deviation of SBND for the past year is 0.0445%. 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 SBND include GVI, BLV, and BSV.

ETFs correlated to SBND include DIAL, IGIB, and BSCS.

ETFs that are inversely correlated to SBND include TBX, PST, and SJB.

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.