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

ETF | Ultrashort Bond |

Last Closing

USD 75.28

Change

+0.05 (+0.07)%

Market Cap

USD 1.15B

Volume

0.13M

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: 2024-11-04 )

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
FLRN SPDR® Bloomberg Investment Gr..

N/A

USD 2.27B
VNLA Janus Henderson Short Duration..

+0.01 (+0.02%)

USD 2.24B
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 RAVI

BNDC FlexShares Core Select Bo.. 0.00 % 0.16 %

+0.09 (+0.40%)

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 0.33% 40% F 35% F
Dividend Return -13.94% 50% F 51% F
Total Return -13.61% 30% F 23% F
Trailing 12 Months  
Capital Gain 0.51% 40% F 25% F
Dividend Return -13.52% 50% F 53% F
Total Return -13.00% 20% F 20% F
Trailing 5 Years  
Capital Gain -0.63% 30% F 51% F
Dividend Return -6.82% 50% F 68% D+
Total Return -7.45% 20% F 46% F
Average Annual (5 Year Horizon)  
Capital Gain -0.18% 17% F 32% F
Dividend Return 1.68% 33% F 33% F
Total Return 1.86% 42% F 44% F
Risk Return Profile  
Volatility (Standard Deviation) 2.40% 58% F 97% N/A
Risk Adjusted Return 70.01% 33% F 84% B
Market Capitalization 1.15B 43% F 59% 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:

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.