GHYB:NYE-Goldman Sachs Access High Yield Corporate Bond ETF (USD)

ETF | High Yield Bond |

Last Closing

USD 45.4725

Change

+0.05 (+0.11)%

Market Cap

USD 0.15B

Volume

4.23K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of high yield corporate bonds denominated in U.S. dollars (USD) that meet certain liquidity and fundamental screening criteria.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

Largest Industry Peers for High Yield Bond

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

+0.03 (+0.07%)

USD 6.19B
SJNK SPDR® Bloomberg Short Term Hi..

+0.03 (+0.12%)

USD 4.76B
HYLB Xtrackers USD High Yield Corpo..

+0.03 (+0.08%)

USD 3.52B
HYGV FlexShares® High Yield Value-..

+0.04 (+0.08%)

USD 1.46B
HYS PIMCO 0-5 Year High Yield Corp..

+0.24 (+0.25%)

USD 1.29B
FDHY Fidelity® High Yield Factor E..

+0.13 (+0.26%)

USD 0.34B
HYGH iShares Interest Rate Hedged H..

+0.03 (+0.04%)

USD 0.30B
HYDW Xtrackers Low Beta High Yield ..

-0.02 (-0.05%)

USD 0.22B
PHYL PGIM Active High Yield Bond ET..

+0.05 (+0.14%)

USD 0.13B
SHYL Xtrackers Short Duration High ..

+0.02 (+0.05%)

USD 0.10B

ETFs Containing GHYB

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Bond) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.13% 76% C+ 38% F
Dividend Return 3.80% 24% F 70% C-
Total Return 6.94% 35% F 41% F
Trailing 12 Months  
Capital Gain 7.07% 71% C- 38% F
Dividend Return 5.56% 18% F 71% C-
Total Return 12.63% 53% F 42% F
Trailing 5 Years  
Capital Gain -8.17% 53% F 35% F
Dividend Return 18.98% 35% F 66% D+
Total Return 10.81% 41% F 38% F
Average Annual (5 Year Horizon)  
Capital Gain -2.08% 41% F 27% F
Dividend Return 2.08% 29% F 36% F
Total Return 4.17% 35% F 73% C
Risk Return Profile  
Volatility (Standard Deviation) 7.65% 59% D- 83% B
Risk Adjusted Return 27.19% 41% F 46% F
Market Capitalization 0.15B 38% F 32% 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:
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.