RAVI:NYE-FlexShares Ready Access Variable Income Fund (USD)

ETF | Ultrashort Bond |

Last Closing

USD 75.35

Change

+0.03 (+0.03)%

Market Cap

USD 1.10B

Volume

0.01M

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 total assets in a portfolio of fixed-income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed-income securities and instruments of issuers in emerging markets.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-07 )

Largest Industry Peers for Ultrashort Bond

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

+0.01 (+0.02%)

USD 7.82B
GBIL Goldman Sachs Access Treasury ..

-0.01 (-0.01%)

USD 5.69B
FLRN SPDR® Bloomberg Investment Gr..

+0.02 (+0.07%)

USD 2.33B
VNLA Janus Henderson Short Duration..

+0.03 (+0.06%)

USD 2.22B
ULST SPDR® SSgA Ultra Short Term B..

-0.01 (-0.02%)

USD 0.55B
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..

+0.03 (+0.12%)

N/A
GSY Invesco Ultra Short Duration E..

-0.02 (-0.04%)

N/A

ETFs Containing RAVI

BNDC FlexShares Core Select Bo.. 4.57 % 0.16 %

-0.13 (-0.56%)

USD 0.17B

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 0.43% 50% F 32% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.43% 50% F 32% F
Trailing 12 Months  
Capital Gain 0.60% 50% F 25% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.60% 50% F 25% F
Trailing 5 Years  
Capital Gain -0.58% 40% F 48% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.58% 40% F 48% F
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 1.10B 43% F 58% 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:
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.