|Day Lo||-||Day Hi||-|
This ETF offers an opportunity to access corporate bonds issued by international corporations, making PICB a potentially powerful tool for investors looking to diversify fixed income exposure. While many portfolios consist of equities from around the globe, fixed income exposure is often limited to the U.S. Including PICB as an international complement to a fund like LQD has the potential to both boost returns and smooth overall risk through geographic diversification. The underlying securities are generally issued by high quality companies in Western Europe, meaning that credit risk is generally moderate. Another option for investors seeking international corporate bond exposure is IBND, which is slightly more expensive than this PowerShares fund.
The adjacent table gives investors an individual Realtime Rating for PICB on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Corporate Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
|Corporate Senior Note||65.58%|
|Corporate Senior Subordinated Note||8.95%|
|Corporate Unsecured Note||3.57%|
|Corporate Subordinated Note||2.62%|
|Corporate Secured Bond||0.66%|
|Agency Unsecured Note||0.17%|
|Corporate Senior Debenture||0.16%|
|0% to 1%||7.42%|
|1% to 2%||25.18%|
|2% to 3%||18.87%|
|3% to 4%||11.71%|
|4% to 5%||9.29%|
|5% to 6%||13.53%|
|6% to 7%||7.98%|
|7% to 8%||3.21%|
|8% to 9%||1.56%|
|9% to 10%||0.52%|
|Greater Than 10%||0.72%|
|Less Than 1 Year||0.45%|
This ETF is not currently available for commission free trading on any platforms.
There are 3 other ETFs in the Corporate Bonds ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of PICB relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
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