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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) | $21,253 |
| 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. |
| 2.0% | 7.2% | 2.1% | 2.4% | 2.7% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.48 | 91% |
| S&P500 | 0.16 | 52% |
| MSCI EAFE | 0.18 | 67% |
| MSCI Emg. Mkts. | 0.16 | 53% |
| Recent close | $51.97 |
| 30d moving avg. | $52.01 |
| Annualized volatility | 3.8% |
| Short interest (ETF) | 0.6% |
| Relative strength (RSI) | 48 |
| Avg. volume (thou.) | 5,769 |
| Avg. daily value traded (mns) | $300 |
| Turnover | 1.4% |
| 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 | 7.48% | -12.5% | $45.45 |
| +200 bp | 6.48% | -7.5% | $48.09 |
| +150 bp | 5.98% | -5.3% | $49.24 |
| +100 bp | 5.48% | -3.3% | $50.26 |
| +75 bp | 5.23% | -2.4% | $50.73 |
| +50 bp | 4.98% | -1.5% | $51.17 |
| +25 bp | 4.73% | -0.7% | $51.59 |
| 0 bp | 4.48% | 0% | $51.97 |
| -25 bp | 4.23% | 0.7% | $52.32 |
| -50 bp | 3.98% | 1.3% | $52.65 |
| -75 bp | 3.73% | 1.9% | $52.94 |
| -100 bp | 3.48% | 2.4% | $53.21 |
| -150 bp | 2.98% | 3.2% | $53.66 |
| -200 bp | 2.48% | 3.9% | $53.98 |
| -300 bp | 1.48% | 4.5% | $54.29 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
448 | bp |
| Less: Annual "default factor" |
15 | bp |
| Less: Expense ratio | 4 | bp |
| Equals: ALTAR Score | 4.29 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.3% |
| Corporate | 4.4% |
| Emerging Market | 6.2% |
| Government | 7.2% |
| Inflation Protected | 2.5% |
| Mortgage | 5.1% |
| Municipals | 3.6% |
| *Note: The iShares 1-5 Year Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |