FLRN:NYE-SPDR® Bloomberg Investment Grade Floating Rate ETF (USD)

ETF | Ultrashort Bond |

Last Closing

USD 30.71

Change

0.00 (0.00)%

Market Cap

USD 2.27B

Volume

0.39M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of U.S. dollar-denominated, investment grade floating rate notes.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-04 )

Largest Industry Peers for Ultrashort Bond

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

+0.02 (+0.04%)

USD 8.46B
GBIL Goldman Sachs Access Treasury ..

+0.03 (+0.03%)

USD 5.73B
VNLA Janus Henderson Short Duration..

+0.01 (+0.02%)

USD 2.24B
RAVI FlexShares Ready Access Variab..

+0.05 (+0.07%)

USD 1.15B
ULST SPDR® SSgA Ultra Short Term B..

+0.01 (+0.01%)

USD 0.54B
OPER ClearShares Ultra-Short Maturi..

+0.03 (+0.02%)

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

+0.02 (+0.02%)

N/A
FLTR VanEck Investment Grade Floati..

-0.01 (-0.04%)

N/A
GSY Invesco Ultra Short Duration E..

+0.03 (+0.06%)

N/A

ETFs Containing FLRN

QVOY 1.36 % 0.00 %

N/A

N/A
QMN 0.00 % 0.76 %

N/A

N/A
SDAG 0.00 % 0.20 %

N/A

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 0.39% 60% D- 35% F
Dividend Return -16.89% 25% F 44% F
Total Return -16.50% 10% F 22% F
Trailing 12 Months  
Capital Gain 0.43% 30% F 25% F
Dividend Return -15.89% 25% F 49% F
Total Return -15.47% 10% F 19% F
Trailing 5 Years  
Capital Gain -0.03% 60% D- 52% F
Dividend Return -8.48% 25% F 62% D
Total Return -8.51% 10% F 44% F
Average Annual (5 Year Horizon)  
Capital Gain 0.28% 83% B 35% F
Dividend Return 2.51% 83% B 37% F
Total Return 2.23% 67% D+ 52% F
Risk Return Profile  
Volatility (Standard Deviation) 2.79% 42% F 97% N/A
Risk Adjusted Return 90.03% 75% C 94% A
Market Capitalization 2.27B 71% C- 68% D+

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.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.