The Barclays Issuer Scored Corporate Bond fund is an exchange traded fund (ETF) within the SPDR family. There are at least 4 funds that are incredibly highly correlated with CBND.

Within the SPDR family of funds, the most positively correlated other funds are Barclays Long Term Corporate Bond, Barclays Intermediate Term Corporate Bond, Nuveen S&P High Yield Municipal Bond, Nuveen Barclays Build America Bond, Nuveen Barclays California Municipal Bond.

Outside of the SPDR family, the most positively correlated other funds are iShares - Core U.S. Credit Bond ETF, iShares - iBoxx $ Investment Grade Corporate Bond ETF, Vanguard Mutual Funds - Long-Term Corporate Bond Index Admiral Shares Purchase Fee: 1.00%, Vanguard - Long-Term Corporate Bond, Vanguard Mutual Funds - Long-Term Investment-Grade Admiral Shares.

Extremely Similar Funds

There are multiple other funds which have extremely high correlation to SPDR's Barclays Issuer Scored Corporate Bond fund.
99.5% CRED iShares Core U.S. Credit Bond ETF
99.3% LQD iShares iBoxx $ Investment Grade Corporate Bond ETF
99.3% VLTCX Vanguard Mutual Funds Long-Term Corporate Bond Index Admiral Shares Purchase Fee: 1.00%
99.0% VCLT Vanguard Long-Term Corporate Bond

Performance for the previous 2 years


Negatively Correlated SPDR funds
BIL SPDR Barclays 1-3 Month T-Bill -88.1%
XME SPDR S&P Metals and Mining -83.1%
RBL SPDR S&P Russia -82.9%
BWZ SPDR Barclays Short Term International Treasury Bond -78.0%
GUR SPDR S&P Emerging Europe -73.3%

Positively Correlated Non-SPDR funds
CRED iShares Core U.S. Credit Bond ETF 99.5%
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF 99.3%
VLTCX Vanguard Mutual Funds Long-Term Corporate Bond Index Admiral Shares Purchase Fee: 1.00% 99.3%
VCLT Vanguard Long-Term Corporate Bond 99.0%
VWETX Vanguard Mutual Funds Long-Term Investment-Grade Admiral Shares 98.9%
Negatively Correlated Non-SPDR funds
DBS PowerShares DB Silver Fund -84.1%
VGPMX Vanguard Mutual Funds Precious Metals and Mining -83.6%
SLV iShares Silver Trust -83.6%
DBB PowerShares DB Base Metals Fund -83.1%
ERUS iShares MSCI Russia Capped ETF -82.4%

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