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

ETF | Ultrashort Bond |

Last Closing

USD 40.43

Change

+0.01 (+0.01)%

Market Cap

USD 0.54B

Volume

0.08M

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: 2024-11-04 )

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
RAVI FlexShares Ready Access Variab..

+0.05 (+0.07%)

USD 1.15B
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 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 0.12% 20% F 34% F
Dividend Return -13.15% 63% D 53% F
Total Return -13.03% 40% F 24% F
Trailing 12 Months  
Capital Gain 0.61% 60% D- 25% F
Dividend Return -12.35% 63% D 56% F
Total Return -11.74% 40% F 21% F
Trailing 5 Years  
Capital Gain 0.15% 80% B- 52% F
Dividend Return -6.07% 63% D 70% C-
Total Return -5.92% 40% F 47% F
Average Annual (5 Year Horizon)  
Capital Gain 0.18% 67% D+ 35% F
Dividend Return 2.10% 58% F 35% F
Total Return 1.92% 50% F 45% F
Risk Return Profile  
Volatility (Standard Deviation) 2.27% 75% C 98% N/A
Risk Adjusted Return 92.26% 83% B 95% A
Market Capitalization 0.54B 29% F 49% 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.