ducovest

CSD:ARCA-Guggenheim S&P Spin-Off (USD)

ETF | High Yield Fixed Income | NYSE Arca

Last Closing

USD 73.9024

Change

-0.22 (-0.29)%

Market Cap

USD 0.21B

Volume

767.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the S&P U.S. Spin-Off Index. The fund will invest at least 90% of its total assets in securities that comprise the index. The index is designed to measure the performance of U.S. companies that have been spun off from larger corporations within the past four years. It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Company Website : www.guggenheiminvestments.com

Currency: USD

Country : USA

Inception Date: 01/03/2011

Primary Benchmark: N/A

Primary Index: Barclays Global High Yield TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.16 %

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: 2024-07-30 )

Largest Industry Peers for High Yield Fixed Income

ETFs Containing CSD

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 14.60% 100% F 79% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 14.60% 100% F 75% C
Trailing 12 Months  
Capital Gain 24.16% 100% F 85% B
Dividend Return 0.56% 100% F 6% D-
Total Return 24.72% 100% F 83% B
Trailing 5 Years  
Capital Gain 52.69% 100% F 73% C
Dividend Return 4.82% 100% F 14% F
Total Return 57.51% 100% F 70% C-
Average Annual (5 Year Horizon)  
Capital Gain 14.73% 100% F 79% B-
Dividend Return 15.66% 100% F 77% C+
Total Return 0.92% 100% F 21% F
Risk Return Profile  
Volatility (Standard Deviation) 32.48% 100% F 31% F
Risk Adjusted Return 48.20% 100% F 68% D+
Market Capitalization 0.21B N/A N/A N/A N/A

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:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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:

There is nothing we particularly dislike