iBonds Mar 2023 Term Corporate ex-Financials ETF (IBCE)

Description

The investment seeks to track the performance of the Bloomberg 2023 Maturity High Quality Corporate Index. The IBCE ETF contains 249 constituents. It is focused on holdings in the region.

Price $24.24 as of 2022-10-20

Cost/Risk/Yield

Dividend yield2.01%
Expense ratio0.1%
Average spread0.371%
1Y roundtrip cost0.471%

Historic prices

Total Returns (including dividends)

Monthly returns heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022-0.1%-0.1%-0.1%0.0%0.2%-0.1%0.2%0.1%0.2%0.2%0.4%
2021-0.3%0.1%-0.1%0.1%0.1%-0.0%0.0%0.1%-0.0%-0.1%-0.0%-0.0%-0.2%
20200.7%0.8%-1.5%2.1%1.1%0.3%0.5%0.0%-0.2%0.2%0.2%0.2%4.5%
20191.5%0.1%1.3%0.2%0.8%1.2%0.0%1.1%-0.1%0.4%0.0%0.2%6.9%
2018-1.4%-0.4%0.3%-0.6%0.2%0.1%0.4%0.7%-0.5%-0.2%0.1%1.2%-0.1%
20170.3%0.8%0.1%0.5%1.0%-0.1%0.8%0.3%-0.3%0.1%-0.9%0.5%3.1%
20160.9%1.4%1.9%0.9%-0.2%2.1%0.8%-0.4%0.4%-1.0%-2.5%0.2%4.5%
20153.0%-0.2%0.3%0.0%-0.3%-2.3%0.0%0.1%1.1%0.3%0.4%-1.2%1.3%
20142.3%1.3%0.6%1.2%1.9%-0.2%-0.1%1.7%-1.5%0.9%0.8%-0.3%8.5%
2013-3.9%-3.3%-0.1%-1.4%0.9%1.7%-0.9%-0.5%-7.6%
6.9%3.7%2.8%4.5%0.9%-2.3%2.5%2.4%-0.1%2.5%-2.8%0.3%

Historical Dividends

Monthly dividend heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
20220.040.040.040.040.040.040.040.050.050.37
20210.050.040.040.040.040.040.040.040.040.040.040.45
20200.050.050.050.050.050.050.050.050.050.050.050.55
20190.060.050.050.050.050.060.050.050.050.050.050.59
20180.050.060.060.050.060.060.060.060.060.060.060.61
20170.060.060.060.060.060.060.060.060.060.060.050.61
20160.060.060.060.060.060.060.060.060.060.060.56
20150.060.050.060.070.060.060.060.060.060.060.060.65
20140.060.060.060.060.060.060.060.060.060.050.060.61
20130.060.050.050.050.050.060.060.37
0.000.470.410.470.470.530.520.510.510.520.470.47

Sectors and Top Holdings

Security % Assets
MUTUAL FUND (OTHER)2.51%
Visa Inc. 2.8% 14-DEC-20222.22%
QUALCOMM Incorporated 3.0% 20-MAY-20221.67%
Chevron Corporation 2.355% 05-DEC-20221.66%
Oracle Corporation 2.5% 15-OCT-20221.53%
BP Capital Markets PLC 2.5% 06-NOV-20221.45%
Intel Corporation 2.7% 15-DEC-20221.26%
GlaxoSmithKline Capital Plc 2.85% 08-MAY-20221.23%
Home Depot, Inc. 2.625% 01-JUN-20221.22%
John Deere Capital Corporation 2.8% 06-MAR-20231.21%
Amazon.com, Inc. 2.4% 22-FEB-20231.19%
Procter & Gamble Company 2.15% 11-AUG-20221.17%
United Parcel Service, Inc. 2.45% 01-OCT-20221.13%
Philip Morris International Inc. 2.375% 17-AUG-20221.11%
International Business Machines Corporation 1.875% 01-AUG-20221.09%
Top 15 Weights21.65%

Compare with similar ETFs

IBCE IBDD IBDN IBMM IIGD NUSA
Product nameiBonds Mar 2023 Term Corporate ex-Financials ETFiBonds Mar 2023 Term Corporate ETFiBonds Dec 2022 Term Corporate ETFiShares iBonds Dec 2024 Term Muni Bond ETFInvesco Investment Grade Defensive ETFNuShares Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF
IssueriSharesiSharesiSharesiSharesInvescoNuveen
Price$24.2399$26.42$25.02$25.55$23.285$22.325
Expense Ratio0.1%0.1%0.1%worse0.18%worse0.13%worse0.2%
Average Spread0.371%0.265%0.040%0.157%0.043%0.045%
AUM$30,312,200$67,302,700$1,565,360,000$231,425,000$92,841,400$37,880,000
Shares1,250,5082,547,41562,564,4079,057,7283,987,1751,696,751
Average Daily Volume3,70714,560304,132213,02816,2892,740
Home pageVisit external siteVisit external siteVisit external siteVisit external siteVisit external site
Inception Date2013-04-172013-07-092015-03-122018-03-202018-07-252017-03-31
Index TrackedBloomberg 2023 Maturity High Quality Corporate IndexBloomberg 2023 Maturity Corporate IndexBloomberg December 2022 Maturity Corporate IndexS&P AMT-Free Municipal Series Dec 2024 IndexInvesco Investment Grade Defensive IndexICE BofAML Enhanced Yield 1-5 Year US Broad Bond Index
CategoryCorporate BondsCorporate BondsCorporate BondsNational MunisCorporate BondsTotal Bond Market
Asset ClassBondBondBondBondBondBond
Asset Class Size
Value or Growth
Region
CountriesU.S.U.S.U.S.U.S.U.S.U.S.
Annual Dividend Rate$0.487$0.512$0.424$0.252$0.445$0.515
Annual Dividend Yield0.020%0.019%0.017%0.010%0.019%0.023%
Number of Holdings2494224721114129264
YTD Return0.37%0.14%0.68%-3.99%-10.19%-8.21%
Beta0.120.150.080.100.01-0.01
Upside Beta0.000.020.070.11-0.07-0.02
Downside Beta0.00-0.010.020.08-0.05-0.02
Volatility 1Y1.18%0.90%0.77%1.95%4.66%3.48%
Sharpe Ratio 3Y0.100.090.06-0.52-1.38-1.46
Treynor Ratio 3Y0.000.000.00-0.02-0.410.34

Historic volatility

Implied volatility

Put/Call Ratio (option volume)

Put/Call Ratio (open interest)

Volatility Spread

Volatility Skew