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ETFs

Victory Portfolios II VictoryShares Short-Term Bond ETF

USTB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 24 2017
Expense Ratio
0.35%
Type
US Bonds
Fund Owner
VictoryShares
Volume (1m avg. daily)
$2,231,092
AUM
$552,118,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

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US T-NOTE 4.5% 11/30/24
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US T-NOTE 0.5% 08/31/27
0.78%
NRG5080894
ALEXANDER 1.841% 11/15/23
0.74%
n/a
US T-NOTE 4.25% 10/15/25
0.72%
ASHT4527202
Ashtead Capital Inc - 4.375% NT REDEEM 15/08/2027 USD 1000 - 144A
0.58%
ALLY5601301
ALLY FINA VRN 06/13/29
0.55%
n/a
US T-NOTE 0.5% 11/30/23
0.54%
n/a
Wells Fargo & Co. - FXDFR PRF PERPETUAL USD 1000 - Ser S Cls A
0.54%
OTEX5503972
OPEN TEXT 6.9% 12/01/27
0.53%
SCHW4981659
Charles Schwab Corp Depositary Shs Repr 1/100th Non-Cum Red Perp Pfd Registered ShsSeries G
0.53%
Invest with USTB

What is USTB?

Seeks high current income consistent with preservation of principal. Under normal market conditions, the portfolio will invest primarily in corporate bonds and U.S. Treasury bonds. The fund may invest in government obligations (including U.S., state, and local governments, their agencies and instrumentalities); mortgage- and asset-backed securities; corporate debt securities; repurchase agreements; and other securities believed to have debt-like characteristics. The fund also may allocate up to 20% of its assets to high-yield corporate bonds and up to 20% to mortgage-backed or asset-backed securities not sponsored by the U.S. government or agencies.

ETFs related toUSTB

ETFs correlated to USTB include IGSB, ISTB, IBDT

USTB
Victory Portfolios II - VictoryShares Short-Term Bond ETF
IGSB
BlackRock Institutional Trust Company N.A. - iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF
ISTB
BlackRock Institutional Trust Company N.A. - iShares Core 1-5 Year USD Bond ETF
IBDT
iShares Trust - iShares iBonds Dec 2028 Term Corporate ETF
VCSH
Vanguard Group, Inc. - Vanguard Short-Term Corporate Bond ETF
SLQD
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year Investment Grade Corporate Bond ETF
SPSB
SSgA Active Trust - SPDR Portfolio Short Term Corporate Bond ETF
UITB
Victory Portfolios II - VictoryShares Core Intermediate Bond ETF
AVSF
American Century ETF Trust - Avantis Short-Term Fixed Income ETF
SUSB
iShares Trust - iShares Trust iShares ESG Aware 1-5 Year USD Corporate Bond ETF
FSIG
First Trust Exchange-Traded Fund IV - First Trust Limited Duration Investment Grade Corporate 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 toUSTB

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with USTB using Composer

FAQ

USTB is a US Bonds ETF. Seeks high current income consistent with preservation of principal. Under normal market conditions, the portfolio will invest primarily in corporate bonds and U.S. Treasury bonds. The fund may invest in government obligations (including U.S., state, and local governments, their agencies and instrumentalities); mortgage- and asset-backed securities; corporate debt securities; repurchase agreements; and other securities believed to have debt-like characteristics. The fund also may allocate up to 20% of its assets to high-yield corporate bonds and up to 20% to mortgage-backed or asset-backed securities not sponsored by the U.S. government or agencies.

Yes, USTB is actively 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.

No, USTB is not passively managed. It is actively 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 USTB is 0.0027%. This is the percent change in the value of USTB over the most recent 1-month period. The 3-month return on USTB is 0.0139%. This is the percent change in the value of USTB over the most recent 3-month period.

The standard deviation of USTB for the past year is 0.0274%. 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 USTB include GVI, BLV, and BSV.

ETFs correlated to USTB include IGSB, ISTB, and IBDT.

ETFs that are inversely correlated to USTB 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.