Ishares Broad Usd Etf Profile
| USIG Etf | USD 49.32 0.11 0.22% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IShares Broad is trading at 49.32 as of the 18th of April 2024. This is a -0.22 percent down since the beginning of the trading day. The etf's lowest day price was 49.28. IShares Broad has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for iShares Broad USD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of February 2024 and ending today, the 18th of April 2024. Click here to learn more.
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 the advisor believes will help the fund track the underlying index. More on iShares Broad USD
Moving together with IShares Etf
| 0.89 | LQD | iShares iBoxx Investment | PairCorr |
| 0.99 | IGIB | iShares 5 10 | PairCorr |
| 0.95 | SPIB | SPDR Barclays Interm Sell-off Trend | PairCorr |
| 0.99 | SUSC | iShares ESG USD | PairCorr |
| 0.98 | QLTA | iShares Aaa | PairCorr |
| 0.99 | CORP | PIMCO Investment Grade | 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 Broad's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Broad 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 | Corporate ETFs, Investment Grade ETFs, Corporate Bond, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2007-01-05 |
| Benchmark | ICE BofA US Corporate Index (USD) |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 10.52 Billion |
| Average Trading Valume | 1.13 Million |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| 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, Scott Radell |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 28-Feb |
| Exchange | NASDAQ |
| Number of Constituents | 10,205 |
| Market Maker | Jane Street |
| Total Expense | 0.04 |
| Management Fee | 0.04 |
| Country Name | USA |
| Returns Y T D | (2.96) |
| Name | iShares Broad USD Investment Grade Corporate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG000QN2QQ2 |
| In Threey Volatility | 8.77 |
| 1y Volatility | 8.24 |
| 200 Day M A | 49.5513 |
| 50 Day M A | 50.3158 |
| Code | USIG |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
iShares Broad USD [USIG] is traded in USA and was established 2007-01-05. The fund is listed under Corporate Bond category and is part of iShares family. The entity is thematically classified as Corporate ETFs. iShares Broad USD at this time have 6.58 B in net assets. , while the total return for the last 3 years was -2.9%.
Check IShares Broad Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Broad USD Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
iShares Broad USD Currency Exposure
iShares Broad USD 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 Broad 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 Broad USD.
IShares Broad Target Price Odds Analysis
In reference to a normal probability distribution, the odds of IShares Broad jumping above the current price in 90 days from now is close to 99%. The iShares Broad USD probability density function shows the probability of IShares Broad etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days IShares Broad has a beta of 0.3153. This usually implies as returns on the market go up, IShares Broad average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding iShares Broad USD will be expected to be much smaller as well. Additionally, iShares Broad USD 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 Broad to move above the current price in 90 days from now is close to 99 (This iShares Broad USD probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares Broad Top Holders
| MNEAX | Mainstay Conservative Etf | Mutual Fund | Allocation--30% to 50% Equity |
| MNELX | Mainstay Conservative Etf | Mutual Fund | Allocation--30% to 50% Equity |
| MDNAX | Mainstay Defensive Etf | Mutual Fund | Allocation--15% to 30% Equity |
| MDNCX | Mainstay Defensive Etf | Mutual Fund | Allocation--15% to 30% Equity |
| MDNVX | Mainstay Defensive Etf | Mutual Fund | Allocation--15% to 30% Equity |
| MDAIX | Mainstay Moderate Etf | Mutual Fund | Allocation--50% to 70% Equity |
| MDNRX | Mainstay Defensive Etf | Mutual Fund | Allocation--15% to 30% Equity |
iShares Broad USD Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Broad market risk premium is the additional return an investor will receive from holding IShares Broad 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 Broad. 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 Broad's alpha and beta are two of the key measurements used to evaluate IShares Broad's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.15) |
IShares Broad Against Markets
Picking the right benchmark for IShares Broad 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 Broad 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 Broad is critical whether you are bullish or bearish towards iShares Broad USD at a given time. Please also check how IShares Broad'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 Broad 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 Broad, 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 Broad. To buy IShares Broad etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Broad. 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 Broad etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Broad USD 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 Broad USD 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 Broad USD, 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 Broad guide.
Already Invested in iShares Broad USD?
The danger of trading iShares Broad USD 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 Broad 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 Broad. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Broad USD 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 Broad USD is a strong investment it is important to analyze IShares Broad's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares Broad's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in iShares Broad USD. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of iShares Broad USD 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 Broad's value that differs from its market value or its book value, called intrinsic value, which is IShares Broad'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 Broad's market value can be influenced by many factors that don't directly affect IShares Broad'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 Broad's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Broad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Broad'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.