iShares iBonds Mar 2023 Term Corporate ex-Financials ETF (IBCE)
iShares iBonds Mar 2023 Term Corporate ex-Financials ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $24.36, up 0.04% on the session, giving a market capitalisation of $28.0M. Its beta of 0.10 implies it has historically moved less than the broad market.
This fund aims to closely track its underlying index by committing a minimum of 80% of its assets to the index's component securities. Furthermore, at least 90% of its portfolio will be invested in fixed-income instruments consistent with those found in the benchmark, a method BFA expects will facilitate effective index replication.
iShares iBonds Mar 2023 Term Corporate ex-Financials ETF is most often compared with the following Financial Services names: