Ishares Bb Rated Etf Profile
| HYBB Etf | USD 45.86 0.15 0.33% |
Performance6 of 100
| Odds Of DistressLess than 9
|
IShares BB is trading at 45.86 as of the 4th of May 2024, a 0.33 percent up since the beginning of the trading day. The etf's open price was 45.71. IShares BB has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Note, on February 9, 2024, Representative Charles J Chuck Fleischmann of US Congress acquired under $15k worth of iShares BB Rated's common stock.
The fund will invest at least 80 percent of its assets in the component securities of the underlying index, and the fund will invest at least 90 percent of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index. More on iShares BB Rated
Moving together with IShares Etf
| 0.79 | HYG | iShares iBoxx High Aggressive Push | PairCorr |
| 0.84 | USHY | iShares Broad USD | PairCorr |
| 0.84 | JNK | SPDR Bloomberg High | PairCorr |
| 0.8 | SHYG | iShares 0 5 | PairCorr |
| 0.96 | HYLB | Xtrackers USD High | PairCorr |
| 0.91 | SJNK | SPDR Bloomberg Short | PairCorr |
| 0.84 | ANGL | VanEck Fallen Angel | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares BB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares BB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Yield ETFs, Corporate ETFs, High Yield Bond, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2020-10-06 |
| Benchmark | ICE BofA BB US High Yield Constrained Index (USD) |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 379.49 Million |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | James Mauro, Karen Uyehara |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 932 |
| Market Maker | Jane Street |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 1.32 |
| Name | iShares BB Rated Corporate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00XR0V3K4 |
| In Threey Volatility | 8.52 |
| 1y Volatility | 6.4 |
| 200 Day M A | 45.0294 |
| 50 Day M A | 45.8016 |
| Code | HYBB |
| Updated At | 3rd of May 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.2) |
iShares BB Rated [HYBB] is traded in USA and was established 2020-10-06. The fund is listed under High Yield Bond category and is part of iShares family. The entity is thematically classified as High Yield ETFs. iShares BB Rated currently have 219.54 M in assets under management (AUM). , while the total return for the last 3 years was 1.3%.
Check IShares BB Probability Of Bankruptcy
Geographic Allocation (%)
iShares BB Rated Currency Exposure
iShares BB Rated holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares BB will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares BB Rated.
IShares BB Target Price Odds Analysis
What are IShares BB's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of IShares BB jumping above the current price in 90 days from now is about 1.3%. The iShares BB Rated probability density function shows the probability of IShares BB etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days IShares BB has a beta of 0.3532. This usually indicates as returns on the market go up, IShares BB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding iShares BB Rated will be expected to be much smaller as well. Additionally, iShares BB Rated has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of IShares BB to move above the current price in 90 days from now is about 1.3 (This iShares BB Rated probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
iShares BB Rated Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares BB market risk premium is the additional return an investor will receive from holding IShares BB long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares BB. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IShares BB's alpha and beta are two of the key measurements used to evaluate IShares BB's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0163 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.11) |
IShares BB Against Markets
Picking the right benchmark for IShares BB etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares BB etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares BB is critical whether you are bullish or bearish towards iShares BB Rated at a given time. Please also check how IShares BB's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares BB without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy IShares Etf?
Before investing in IShares BB, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares BB. To buy IShares BB etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares BB. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares BB etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares BB Rated etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares BB Rated etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares BB Rated, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares BB guide.
Already Invested in iShares BB Rated?
The danger of trading iShares BB Rated is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares BB is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares BB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares BB Rated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iShares BB Rated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares BB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Bb Rated Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Bb Rated Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares BB Rated. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the iShares BB Rated information on this page should be used as a complementary analysis to other IShares BB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of iShares BB Rated is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares BB's value that differs from its market value or its book value, called intrinsic value, which is IShares BB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares BB's market value can be influenced by many factors that don't directly affect IShares BB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares BB's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares BB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares BB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.