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iShares 1-5 Year Investment Grade Corporate Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The iShares Short-Term Corporate Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated investment-grade corporate bonds with remaining maturities between one and five years. |
| Category | Corporate |
| Fund Sponsor | BlackRock Fund Advisors |
| Website | www.ishares.com |
| Inception date | Jan 05, 2007 |
| Assets (mns) | $21,377 |
| Currency | USD |
| Expense ratio | 4 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | State Street Bank & Trust Co |
| Weighting | Market Cap |
| Index replication | Full |
| No. of constituents | 3664 |
| No of distinct issuers | 1304 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 19% /81% |
| Non-standard maturity (callable, etc.) | 79% |
| GE CAPITAL INTERNATIO 2.3% 11/15/20 | 0.4 % |
| GOLDMAN SACHS GROUP, 3.0% 4/26/22 | 0.3 % |
| SHIRE ACQUISITIONS IN 2.4% 9/23/21 | 0.3 % |
| CVS HEALTH CORPORATIO 3.7% 3/09/23 | 0.3 % |
| BANK OF AMERICA CORPO 3.0% 12/20/23 | 0.3 % |
| CITIBANK, NATIONAL AS 2.9% 2/12/21 | 0.3 % |
| HSBC HOLDINGS PLC 3.4% 3/08/21 | 0.2 % |
| BANK OF AMERICA CORPO 3.5% 5/17/22 | 0.2 % |
| HSBC HOLDINGS PLC 5.1% 4/05/21 | 0.2 % |
| JPMORGAN CHASE & CO. 3.5% 6/18/22 | 0.2 % |
| TOTAL | 2.7 % |
|---|
| BANK OF AMERICA CORPORATION | 2.4% |
| JPMORGAN CHASE & CO. | 2.3% |
| MORGAN STANLEY | 2.0% |
| GOLDMAN SACHS GROUP, INC. | 1.7% |
| WELLS FARGO & COMPANY | 1.5% |
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UNITED STATES | 71.3 % |
 |
CANADA | 4.1 % |
 |
UNITED KINGDOM | 4.1 % |
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JAPAN | 3.2 % |
 |
FRANCE | 2.0 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 0.6% | 5.6% | 2.1% | 1.9% | 2.6% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.49 | 88% |
| S&P500 | 0.14 | 40% |
| MSCI EAFE | 0.17 | 58% |
| MSCI Emg. Mkts. | 0.15 | 48% |
| Recent close | $50.71 |
| 30d moving avg. | $50.40 |
| Annualized volatility | 3.8% |
| Short interest (ETF) | 0.3% |
| Relative strength (RSI) | 70 |
| Avg. volume (thou.) | 2,759 |
| Avg. daily value traded (mns) | $140 |
| Turnover | 0.7% |
| Bid/Ask (% of price) | 0.02 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| IGSB | 2.9 yrs | Category Avg.* |
4.6 yrs |
| IGSB | 2.8% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.09% | -12.5% | $44.35 |
| +200 bp | 7.09% | -7.5% | $46.92 |
| +150 bp | 6.59% | -5.3% | $48.04 |
| +100 bp | 6.09% | -3.3% | $49.04 |
| +75 bp | 5.84% | -2.4% | $49.50 |
| +50 bp | 5.59% | -1.5% | $49.93 |
| +25 bp | 5.34% | -0.7% | $50.34 |
| 0 bp | 5.09% | 0% | $50.71 |
| -25 bp | 4.84% | 0.7% | $51.06 |
| -50 bp | 4.59% | 1.3% | $51.37 |
| -75 bp | 4.34% | 1.9% | $51.66 |
| -100 bp | 4.09% | 2.4% | $51.92 |
| -150 bp | 3.59% | 3.2% | $52.35 |
| -200 bp | 3.09% | 3.9% | $52.68 |
| -300 bp | 2.09% | 4.5% | $52.97 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
509 | bp |
| Less: Annual "default factor" |
15 | bp |
| Less: Expense ratio | 4 | bp |
| Equals: ALTAR Score | 4.90 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.5% |
| Corporate | 4.5% |
| Emerging Market | 6.2% |
| Government | 4.8% |
| Inflation Protected | 3.0% |
| Mortgage | 5.2% |
| Municipals | 3.4% |
| *Note: The iShares 1-5 Year Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |