Ishares Esg Aware Etf Bond Positions Weight
| XSTB Etf | CAD 19.51 0.05 0.26% |
iShares ESG Aware fundamentals help investors to digest information that contributes to IShares ESG's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares ESG's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IShares ESG etf.
IShares |
iShares ESG Aware ETF Bond Positions Weight Analysis
IShares ESG's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Current IShares ESG Bond Positions Weight | 91.93 % |
Most of IShares ESG's fundamental indicators, such as Bond Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, iShares ESG Aware is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
| Competition |
In accordance with the recently published financial statements, iShares ESG Aware has a Bond Positions Weight of 91%. This is much higher than that of the iShares family and significantly higher than that of the Canadian Short Term Fixed Income category. The bond positions weight for all Canada etfs is notably lower than that of the firm.
IShares Bond Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IShares ESG's direct or indirect competition against its Bond Positions Weight to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IShares ESG could also be used in its relative valuation, which is a method of valuing IShares ESG by comparing valuation metrics of similar companies.IShares ESG is currently under evaluation in bond positions weight as compared to similar ETFs.
Fund Asset Allocation for IShares ESG
The fund consists of 91.93% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.Asset allocation divides IShares ESG's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
IShares Fundamentals
| Beta | 1.03 | |||
| Total Asset | 38.95 M | |||
| One Year Return | 6.20 % | |||
| Three Year Return | 1.70 % | |||
| Five Year Return | 1.60 % | |||
| Net Asset | 38.95 M | |||
| Bond Positions Weight | 91.93 % |
About IShares ESG Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares ESG Aware's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares ESG using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares ESG Aware based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with IShares ESG
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IShares ESG position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IShares ESG will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
| 0.99 | XSB | iShares Canadian Short | PairCorr |
| 0.91 | XSH | iShares Core Canadian | PairCorr |
| 0.9 | ZCS | BMO Short Corporate | PairCorr |
| 0.98 | VSB | Vanguard Canadian Short | PairCorr |
Moving against IShares Etf
| 0.5 | HOU | BetaPro Crude Oil | PairCorr |
| 0.45 | HXD | BetaPro SPTSX 60 | PairCorr |
| 0.35 | HIU | BetaPro SP 500 | PairCorr |
| 0.31 | HQD | BetaPro NASDAQ 100 | PairCorr |
The ability to find closely correlated positions to IShares ESG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IShares ESG when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IShares ESG - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling iShares ESG Aware to buy it.
The correlation of IShares ESG is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares ESG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares ESG Aware moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IShares ESG can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares ESG Aware. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.