ULST:NYE-SPDR® SSgA Ultra Short Term Bond ETF (USD)

ETF | Ultrashort Bond |

Last Closing

USD 40.71

Change

-0.01 (-0.02)%

Market Cap

USD 0.57B

Volume

0.06M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Adviser invests, under normal circumstances, at least 80% of the fund's net assets (plus the amount of borrowings for investment purposes) in a portfolio of U.S. dollar-denominated investment-grade fixed income securities. The fund may also invest in exchange traded products (ETPs). It is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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

Largest Industry Peers for Ultrashort Bond

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

+0.01 (+0.02%)

USD 7.69B
GBIL Goldman Sachs Access Treasury ..

+0.04 (+0.04%)

USD 5.50B
FLRN SPDR® Bloomberg Investment Gr..

+0.01 (+0.03%)

USD 2.39B
VNLA Janus Henderson Short Duration..

-0.01 (-0.02%)

USD 2.22B
RAVI FlexShares Ready Access Variab..

+0.02 (+0.03%)

USD 1.07B
OPER ClearShares Ultra-Short Maturi..

+0.01 (+0.01%)

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

+0.02 (+0.02%)

N/A
FLTR VanEck Investment Grade Floati..

N/A

N/A
GSY Invesco Ultra Short Duration E..

-0.01 (-0.02%)

N/A

ETFs Containing ULST

N/A

Market Performance

  Market Performance vs. Industry/Classification (Ultrashort Bond) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.82% 70% C- 28% F
Dividend Return 3.41% 40% F 65% D
Total Return 4.23% 50% F 31% F
Trailing 12 Months  
Capital Gain 1.29% 78% C+ 24% F
Dividend Return 4.69% 30% F 63% D
Total Return 5.98% 70% C- 27% F
Trailing 5 Years  
Capital Gain 0.74% 100% F 45% F
Dividend Return 10.89% 40% F 39% F
Total Return 11.64% 70% C- 39% F
Average Annual (5 Year Horizon)  
Capital Gain 0.14% 70% C- 38% F
Dividend Return 2.04% 60% D- 36% F
Total Return 1.90% 50% F 42% F
Risk Return Profile  
Volatility (Standard Deviation) 2.20% 80% B- 98% N/A
Risk Adjusted Return 93.00% 80% B- 96% N/A
Market Capitalization 0.57B 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.