ducovest

ULST:ARCA-SPDR SSgA Ultra Short Term Bond (USD)

ETF | Ultrashort Bond | NYSE Arca

Last Closing

USD 40.665

Change

0.00 (0.00)%

Market Cap

USD 0.01B

Volume

0.06M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to provide current income consistent with preservation of capital and daily liquidity through short duration high quality investments. Under normal circumstances, the fund invests substantially all of its assets in the SSGA Ultra Short Term Bond Portfolio (the "Portfolio"), a separate series of the SSGA Master Trust with an identical investment objective as the fund. The Adviser invests at least 80% of the Portfolio's net assets (plus the amount of borrowings for investment purposes) in a diversified portfolio of U.S. dollar-denominated investment grade fixed income securities. It is non-diversified.

Company Website : www.spdrs.com

Currency: USD

Country : USA

Inception Date: 09/10/2013

Primary Benchmark: BBgBarc US Trsy Bellwethers 3Mon TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.2%

Management Expense Ratio: 0.20 %

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: 2024-09-08 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Mer Price(Change) Market Cap
PULS PGIM Ultra Short Bond 0.15 %

N/A

 USD 8.46B
GBIL Goldman Sachs Access Treasury .. 0.12 %

N/A

 USD 5.73B
FLRN SPDR® Bloomberg Investment Gr.. 0.15 %

N/A

 USD 2.27B
VNLA Janus Henderson Short Duration.. 0.35 %

N/A

 USD 2.24B
RAVI FlexShares Ready Access Variab.. 0.25 %

N/A

 USD 1.15B
OPER ClearShares Ultra-Short Maturi.. 0.28 %

N/A

 USD 0.12B
BIL SPDR® Bloomberg 1-3 Month T-B.. 0.14 %

N/A

 N/A
FLTR VanEck Investment Grade Floati.. 0.14 %

N/A

 N/A
GSY Invesco Ultra Short Duration E.. 0.25 %

N/A

 N/A

ETFs Containing ULST

N/A

Market Performance

  Market Performance vs. Industry/Classification (Ultrashort Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.71% 70% C- 33% F
Dividend Return 3.41% 40% F 68% D+
Total Return 4.11% 60% D- 37% F
Trailing 12 Months  
Capital Gain 1.23% 90% A- 27% F
Dividend Return 4.69% 30% F 64% D
Total Return 5.92% 70% C- 30% F
Trailing 5 Years  
Capital Gain 0.71% 100% F 46% F
Dividend Return 10.90% 40% F 40% F
Total Return 11.61% 70% C- 41% F
Average Annual (5 Year Horizon)  
Capital Gain 0.14% 70% C- 38% F
Dividend Return 2.02% 60% D- 36% F
Total Return 1.88% 50% F 43% F
Risk Return Profile  
Volatility (Standard Deviation) 2.18% 80% B- 98% N/A
Risk Adjusted Return 92.66% 80% B- 96% N/A
Market Capitalization 0.01B 29% 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:
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.

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:
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.