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

ETF | High Yield Bond | NYSE Arca

Last Closing

USD 22.71

Change

-0.11 (-0.48)%

Market Cap

USD 7.47M

Volume

0.07M

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.

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

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-06-24 )

Largest Industry Peers for High Yield Bond

Symbol Name Mer Price(Change) Market Cap
SHYG iShares 0-5 Year High Yield Co.. 0.30 %

+0.04 (+0.09%)

USD 6.24B
SJNK SPDR® Bloomberg Short Term Hi.. 0.40 %

+0.03 (+0.12%)

USD 4.68B
HYLB Xtrackers USD High Yield Corpo.. 0.20 %

+0.02 (+0.05%)

USD 3.52B
HYLS First Trust Tactical High Yiel.. 0.95 %

-0.19 (-0.45%)

USD 1.51B
HYGV FlexShares® High Yield Value-.. 0.37 %

+0.06 (+0.13%)

USD 1.48B
HYS PIMCO 0-5 Year High Yield Corp.. 0.56 %

+0.14 (+0.15%)

USD 1.38B
FDHY Fidelity® High Yield Factor E.. 0.45 %

-0.02 (-0.04%)

USD 0.34B
HYGH iShares Interest Rate Hedged H.. 0.05 %

+0.01 (+0.01%)

USD 0.30B
HYDW Xtrackers Low Beta High Yield .. 0.25 %

+0.11 (+0.23%)

USD 0.22B
GHYB Goldman Sachs Access High Yiel.. 0.34 %

+0.06 (+0.14%)

USD 0.15B

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 -0.02% 70% C- 40% F
Dividend Return 3.02% 55% F 77% C+
Total Return 2.99% 80% B- 45% F
Trailing 12 Months  
Capital Gain 1.66% 10% F 37% F
Dividend Return 6.15% 55% F 77% C+
Total Return 7.81% 10% F 43% F
Trailing 5 Years  
Capital Gain -9.86% 60% D- 35% F
Dividend Return 15.87% 15% F 61% D-
Total Return 6.01% 20% F 35% F
Average Annual (5 Year Horizon)  
Capital Gain -1.79% 50% F 41% F
Dividend Return 1.42% 17% F 44% F
Total Return 3.21% 17% F 68% D+
Risk Return Profile  
Volatility (Standard Deviation) 6.70% 100% F 91% A-
Risk Adjusted Return 21.18% 33% F 57% F
Market Capitalization 7.47M 55% F 50% 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:
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.