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FlexShares iBoxx 3-Year Target Duration TIPS Index Fund

TDTT
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 19 2011
Expense Ratio
0.18%
Type
US Bonds
Fund Owner
Flexshares (Northern Trust)
Volume (1m avg. daily)
$9,325,335
AUM
$1,957,743,000
Associated Index
iBoxx 3-Year Target Duration TIPS Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

n/a
UNITED STATES OF AMERICA NOTES FIXED 0.375
7.93%
n/a
UNITED STATES OF AMERICA NOTES FIXED 0.125
7.68%
n/a
UNITED STATES OF AMERICA NOTES FIXED 0.125
6.98%
n/a
UNITED STATES OF AMERICA NOTES FIXED 0.125
6.85%
n/a
UNITED STATES OF AMERICA BOND FIXED 2.375
4.34%
n/a
UNITED STATES OF AMERICA NOTES FIXED 0.625
3.88%
n/a
UNITED STATES OF AMERICA NOTES FIXED 0.25
3.80%
n/a
UNITED STATES OF AMERICA NOTES FIXED 0.375
3.78%
n/a
UNITED STATES OF AMERICA BOND FIXED 2.375
3.35%
n/a
UNITED STATES OF AMERICA NOTES FIXED 0.125
3.35%
Invest with TDTT

What is TDTT?

FlexShares iBoxx 3-Year Target Duration TIPS Index Fund gives investors access to the inflation-hedging qualities of TIPS and seeks to provide targeted duration exposure through changing interest rate and economic cycles. The Fund reflects the performance of a selection of inflation-protected public obligations of the U.S. Treasury, commonly known as TIPS, with a target average duration of approximately three years and specific maturity dates of at least one year but not more than ten years.

ETFs related toTDTT

ETFs correlated to TDTT include STPZ, TIPX, STIP

TDTT
FlexShares Trust - FlexShares iBoxx 3-Year Target Duration TIPS Index Fund
STPZ
Pimco Exchange Traded Fund - PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund
TIPX
SPDR Series Trust - SPDR Bloomberg 1-10 Year TIPS ETF
STIP
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year TIPS Bond ETF
VTIP
Vanguard Malvern Funds - Vanguard Short-Term Inflation-Protected Securities Index Fund
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
ISTB
BlackRock Institutional Trust Company N.A. - iShares Core 1-5 Year USD 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 toTDTT

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

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SPY minimum drawdown

Category

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Risk Rating

Aggressive

Create your own algorithmic trading strategy with TDTT using Composer

FAQ

TDTT is a US Bonds ETF. FlexShares iBoxx 3-Year Target Duration TIPS Index Fund gives investors access to the inflation-hedging qualities of TIPS and seeks to provide targeted duration exposure through changing interest rate and economic cycles. The Fund reflects the performance of a selection of inflation-protected public obligations of the U.S. Treasury, commonly known as TIPS, with a target average duration of approximately three years and specific maturity dates of at least one year but not more than ten years.

TDTT tracks the iBoxx 3-Year Target Duration TIPS Index.

No, TDTT 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, TDTT 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 TDTT is -0.0026%. This is the percent change in the value of TDTT over the most recent 1-month period. The 3-month return on TDTT is -0.0048%. This is the percent change in the value of TDTT over the most recent 3-month period.

The standard deviation of TDTT for the past year is 0.0506%. 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 TDTT include IVOL, RINF, and TIPZ.

ETFs correlated to TDTT include STPZ, TIPX, and STIP.

ETFs that are inversely correlated to TDTT include TBX, PST, and TTT.

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.