iShares USD Bond Factor ETF (USBF)
iShares USD Bond Factor ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $84.85, up 0.07% on the session, giving a market capitalisation of $12.7M. Its beta of 0.00 implies it has historically moved less than the broad market.
This ETF is designed to track a benchmark index comprised of U.S. dollar-denominated bonds, which include both higher-quality (investment-grade) and higher-risk (high-yield) debt securities. The fund's investment policy requires that a minimum of 80% of its total assets be allocated to the bonds that constitute this underlying index, or to similar instruments like To-Be-Announced (TBA) securities, provided they replicate the economic performance of those index components. It is important to note that this fund is categorized as non-diversified.
iShares USD Bond Factor ETF is most often compared with the following Financial Services names: