IShares IG Ownership
| XIG Etf | CAD 19.53 0.06 0.31% |
IShares |
IShares Etf Ownership Analysis
The fund keeps about 96.21% of net assets in bonds. iShares IG Corporate last dividend was 0.062 per share. The investment seeks to replicate, net of expenses, the Markit iBoxx USD Liquid Investment Grade Total Return Index hedged in CAD. iSHARES US is traded on Toronto Stock Exchange in Canada. For more information please call the company at 866-486-4874.Institutional Etf Holders for IShares IG
IShares IG Outstanding Bonds
IShares IG issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. iShares IG Corporate uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most IShares bonds can be classified according to their maturity, which is the date when iShares IG Corporate has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| International Game Technology Corp BondUS460599AD57 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with IShares IG
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 IG 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 IG will appreciate offsetting losses from the drop in the long position's value.Moving together with IShares Etf
Moving against IShares Etf
| 0.58 | RUSB | RBC Short Term | PairCorr |
| 0.54 | TUSB | TD Select Short | PairCorr |
| 0.32 | FBTC | Fidelity Advantage | PairCorr |
| 0.32 | BTCQ | 3iQ Bitcoin ETF | PairCorr |
| 0.32 | EBIT | Bitcoin ETF CAD | PairCorr |
The ability to find closely correlated positions to IShares IG 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 IG 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 IG - 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 IG Corporate to buy it.
The correlation of IShares IG 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 IG moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares IG Corporate 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 IG 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.Other Information on Investing in IShares Etf
IShares IG financial ratios help investors to determine whether IShares Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IShares with respect to the benefits of owning IShares IG security.