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Upturn AI SWOT - About
iShares USD Green Bond ETF (BGRN)
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Upturn Advisory Summary
03/27/2025: BGRN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 1.39% | Avg. Invested days 39 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Volume (30-day avg) 29416 | Beta 0.85 | 52 Weeks Range 44.03 - 47.53 | Updated Date 03/27/2025 |
52 Weeks Range 44.03 - 47.53 | Updated Date 03/27/2025 |
Upturn AI SWOT
iShares USD Green Bond ETF
ETF Overview
Overview
The iShares USD Green Bond ETF (GRNB) seeks to track the investment results of an index composed of U.S. dollar-denominated green bonds. It focuses on bonds issued to finance projects with positive environmental impact.
Reputation and Reliability
BlackRock is one of the world's largest asset managers, known for its reputation and reliability in offering a wide range of investment products.
Management Expertise
BlackRock has extensive experience in managing fixed income ETFs and employing various investment strategies across different asset classes.
Investment Objective
Goal
To track the investment results of an index composed of U.S. dollar-denominated green bonds.
Investment Approach and Strategy
Strategy: Tracks a specific index, the ICE US Green Bond Select Index.
Composition Primarily holds U.S. dollar-denominated green bonds issued by corporations, government agencies, and supranational organizations.
Market Position
Market Share: Data not readily available for precise market share within the niche green bond ETF category.
Total Net Assets (AUM): 451000000
Competitors
Key Competitors
- VANECK GREEN BOND ETF (GRNB)
- GLOBAL X U.S. INFRASTRUCTURE DEVELOPMENT ETF (PAVE)
- FIRST TRUST NASDAQ CLEAN EDGE GREEN ENERGY INDEX FUND (QCLN)
Competitive Landscape
The green bond ETF market is still relatively niche. GRNB benefits from BlackRock's established ETF infrastructure but faces competition from specialized ESG and infrastructure funds that may include green bond allocations. Its advantage lies in its pure focus on green bonds, while its disadvantage is the niche focus with potentially lower liquidity than broader fixed income ETFs.
Financial Performance
Historical Performance: Data not readily available in consistent format for direct inclusion here.
Benchmark Comparison: Data not readily available in consistent format for direct inclusion here.
Expense Ratio: 0.2
Liquidity
Average Trading Volume
GRNB's average trading volume is moderate, reflecting its niche focus within the fixed income ETF market.
Bid-Ask Spread
GRNB typically exhibits a relatively tight bid-ask spread, indicating reasonable trading costs for investors.
Market Dynamics
Market Environment Factors
Growth in ESG investing, government incentives for green projects, and investor demand for sustainable investment options all positively impact GRNB. Changes in interest rates and credit spreads may also influence GRNB.
Growth Trajectory
GRNB's growth is tied to the expansion of the green bond market and increasing investor interest in ESG investing. Any shifts in regulatory policies regarding green bonds may impact it.
Moat and Competitive Advantages
Competitive Edge
GRNBu2019s competitive edge comes from its exclusive focus on USD-denominated green bonds, providing targeted exposure to environmentally beneficial projects. Backed by BlackRock's scale and expertise, the ETF offers diversification within the green bond universe. Its pure-play nature distinguishes it from broader ESG funds that may dilute green bond exposure. GRNB benefits from increasing investor demand for sustainable and socially responsible investments. The focus on green bonds allows investors to directly allocate capital to projects promoting environmental sustainability.
Risk Analysis
Volatility
GRNB's volatility is influenced by interest rate sensitivity and credit risk associated with the underlying bonds.
Market Risk
Specific risks include interest rate risk, credit risk of bond issuers, and the potential for 'greenwashing,' where bonds are not truly funding environmentally beneficial projects.
Investor Profile
Ideal Investor Profile
Ideal for investors seeking exposure to green bonds as part of a broader ESG or fixed income strategy.
Market Risk
Suitable for long-term investors with a focus on sustainable investing, while understanding fixed income characteristics.
Summary
The iShares USD Green Bond ETF (GRNB) provides targeted exposure to USD-denominated green bonds, catering to investors with ESG considerations. Backed by BlackRock, it benefits from their asset management expertise and reputation. However, its niche focus may result in lower liquidity compared to broader fixed income ETFs. Investors should consider its interest rate and credit risk, as well as the potential for 'greenwashing'. Overall GRNB is an option for long-term sustainable investors.
Similar Companies
- BGRN
- ICLN
- PAVE
- PBW
- TAN
- FAN
Sources and Disclaimers
Data Sources:
- iShares website
- ETF.com
- Morningstar
- Company Filings
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and a thorough understanding of the risks involved. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares USD Green Bond ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to track the investment results of the underlying index, which measures the performance of U.S. dollar-denominated investment-grade green bonds issued by U.S. and non-U.S. issuers to fund projects with direct environmental benefits.
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