PICB:ARCA-PowerShares International Corporate Bond Portfolio (USD)

ETF | World Bond | NYSE Arca

Last Closing

USD 22.43

Change

+0.25 (+1.13)%

Market Cap

USD 0.18B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P International Corporate Bond Index?. The fund generally will invest at least 80% of its total assets in investment grade corporate bonds that comprise the underlying index. The underlying index measures the performance of investment grade corporate bonds issued in the following currencies of Group of Ten countries, excluding the U.S. Dollar (USD): Australia Dollar (AUD), British Pound (GBP), Canadian Dollar (CAD), Euro (EUR), Japanese Yen (JPY), New Zealand Dollar (NZD), Norwegian Krone (NOK), Swedish Krona (SEK) and Swiss Franc (SFR).

Inception Date: 03/06/2010

Primary Benchmark: S&P International Corporate Bond TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.5%

Management Expense Ratio: 0.00 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for World Bond

Symbol Name Mer Price(Change) Market Cap
GRNB VanEck Green Bond ETF 0.33 %

-0.01 (-0.06%)

USD 0.11B
CRDT Simplify Exchange Traded Funds 0.45 %

-0.05 (-0.20%)

USD 0.08B
BWX SPDR® Bloomberg International.. 0.50 %

-0.01 (-0.05%)

N/A
BWZ SPDR® Bloomberg Short Term In.. 0.35 %

-0.05 (-0.18%)

N/A
IBND SPDR® Bloomberg International.. 0.50 %

-0.04 (-0.13%)

N/A
RIGS RiverFront Strategic Income Fu.. 0.17 %

+0.02 (+0.07%)

N/A
WIP SPDR® FTSE International Gove.. 0.50 %

+0.16 (+0.42%)

N/A

ETFs Containing PICB

N/A

Market Performance

  Market Performance vs. Industry/Classification (World Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.69% 50% F 23% F
Dividend Return 0.96% 50% F 43% F
Total Return -1.73% 50% F 22% F
Trailing 12 Months  
Capital Gain 3.70% 86% B+ 38% F
Dividend Return 2.68% 57% F 39% F
Total Return 6.38% 100% F 34% F
Trailing 5 Years  
Capital Gain -13.25% 63% D 30% F
Dividend Return 5.51% 63% D 17% F
Total Return -7.74% 50% F 20% F
Average Annual (5 Year Horizon)  
Capital Gain -3.56% 43% F 24% F
Dividend Return -2.52% 29% F 17% F
Total Return 1.04% 57% F 25% F
Risk Return Profile  
Volatility (Standard Deviation) 13.52% 14% F 72% C
Risk Adjusted Return -18.65% 57% F 16% F
Market Capitalization 0.18B 50% F 27% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:

There is nothing we particularly like

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.