ducovest

BSJO:ARCA-Guggenheim BulletShares 2024 High Yield Corporate Bond (USD)

ETF | High Yield Bond | NYSE Arca

Last Closing

USD 22.695

Change

-0.02 (-0.07)%

Market Cap

USD 7.47M

Volume

0.10M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks results that correspond generally to the performance, before the fund's fees and expenses, of a high yield corporate bond index called the NASDAQ BulletShares? USD High Yield Corporate Bond 2024 Index. The fund will invest at least 80% of its total assets in component securities that comprise the underlying index. The underlying index is designed to represent the performance of a held-to-maturity portfolio of U.S. dollar-denominated high yield corporate bonds with effective maturities in 2024. The fund is non-diversified.

Company Website : www.guggenheiminvestments.com

Currency: USD

Country : USA

Inception Date: 13/09/2016

Primary Benchmark: NASDAQ BulletShares USD HY Cp2024 TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.42 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
AGPXX Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional 21.75 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-22 )

Largest Industry Peers for High Yield Bond

Symbol Name Mer Price(Change) Market Cap
ANGL VanEck Fallen Angel High Yield.. 0.35 %

-0.03 (-0.10%)

 USD 3.02B
FALN iShares Fallen Angels USD Bond.. 0.25 %

-0.01 (-0.04%)

 USD 1.68B
HYLS First Trust Tactical High Yiel.. 0.95 %

+0.01 (+0.02%)

 USD 1.44B

ETFs Containing BSJO

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.09% 67% D+ 51% F
Dividend Return 2.53% 50% F 82% B
Total Return 2.44% 83% B 56% F
Trailing 12 Months  
Capital Gain 2.05% 17% F 50% F
Dividend Return 6.22% 50% F 78% C+
Total Return 8.26% 17% F 58% F
Trailing 5 Years  
Capital Gain -8.78% 33% F 47% F
Dividend Return 16.06% 17% F 68% D+
Total Return 7.28% 17% F 50% F
Average Annual (5 Year Horizon)  
Capital Gain -1.97% 50% F 40% F
Dividend Return 1.15% 17% F 44% F
Total Return 3.12% 17% F 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 6.67% 100% F 90% A-
Risk Adjusted Return 17.27% 33% F 54% F
Market Capitalization 7.47M 33% F 67% D+

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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.