IBMQ ETF ANALYSIS

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IBMQ ETF FUNDAMENTALS
IBMQ ETF PERFORMANCE

IBMQ ISSUER

The iShares iBonds® Dec 2028 AMT-Free Muni Bond ETF (IBMQ) is managed by BlackRock, Inc. (BlackRock), a leading asset management firm. IBMQ is designed to track the S&P AMT-Free Municipal Series Callable-Adjusted Dec 2028 IndexTM, which measures the performance of investment-grade U.S. municipal bonds. These bonds are tax-exempt and typically issued by U.S. state, federal district, or local governments, making the interest income from the bonds exempt from U.S. federal income taxes and the federal alternative minimum tax (“AMT”). The issuer employs a passive indexing approach, aiming to closely replicate the performance of the underlying index while minimizing portfolio turnover and costs.

IBMQ DIVIDEND

The IBMQ Dividend ETF offers investors exposure to dividend-paying stocks within the technology and information technology sectors. While dividend income may not be the primary focus of this ETF, it does provide a dividend distribution that aligns with the performance of its underlying index. Dividend distributions typically occur on a quarterly basis and are subject to the dividend policies of the individual companies within the ETF's portfolio. Investors looking for a balance between technology sector growth and dividend income may consider IBMQ as a potential investment option.

IBMQ TRACKING

IBM's Quantum Computing endeavors are the primary focus of the IBM Quantum Computing ETF's tracking strategy. IBMQ aims to provide investors with exposure to the advancements and developments in the field of quantum computing, tracking the performance of IBM's quantum computing initiatives. As IBM continues to push the boundaries of quantum computing technology, IBMQ offers investors a unique opportunity to participate in the potential growth of this cutting-edge sector.

IBMQ CORRELATION

The correlation aspect of the IBMQ ETF is essential for investors looking to understand its relationship with the quantum computing industry and its underlying assets. Given that IBMQ tracks the performance of quantum computing-related companies and technologies, its correlation with the quantum computing sector is expected to be significant. This strong correlation makes IBMQ a valuable tool for investors interested in gaining exposure to the emerging field of quantum computing. By analyzing IBMQ's correlation with other assets and sectors, investors can make more informed decisions and gain insights into the growth and development of the quantum computing industry.

IBMQ SECTOR

The iShares iBonds® Municipal 2028 Term ETF (IBMQ) primarily invests in the municipal bond sector, focusing on tax-exempt, U.S. municipal bonds. These bonds are typically issued by U.S. state, federal district, or local governments or agencies, and their interest payments are exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). The ETF's holdings are carefully selected to meet specific criteria, including investment-grade ratings and maturity requirements. IBMQ aims to provide investors with exposure to the municipal bond market while maintaining a defined maturity target, making it suitable for those seeking fixed income investments with tax advantages and a specific investment horizon.

IBMQ EXPOSURE

The exposure characteristic of the iShares iBonds® Municipal 2028 Term ETF(IBMQ) ETF is primarily focused on utilizing Flexible Exchange Options (FLEX Options) that reference the SPDR S&P 500 ETF Trust (the Underlying ETF). These FLEX Options are customizable exchange-traded option contracts that offer a unique investment strategy. IBMQ's exposure relies heavily on the performance of the S&P 500 Index and, consequently, the U.S. equity market. Specifically, it aims to provide investors with distinct outcomes based on the performance of the Underlying ETF's share price over predefined Outcome Periods. For detailed insights into its exposure and outcomes, investors can utilize the ETF Insider web app, which offers comprehensive data visualization tools, correlation analysis, and other valuable information for a deeper understanding of IBMQ's exposure characteristics.

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FREQUENTLY ASKED QUESTIONS

Can you explain the correlation of IBMQ with the broader tech sector?
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How does IBMQ provide exposure to quantum computing in the stock market?
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How does IBMQ's business model compare to other tech companies like IBM and competitors in the quantum computing space?
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What does IBMQ mean on the stock market?
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