GSY:ARCA-Guggenheim Enhanced Short Duration (USD)

ETF | Ultrashort Bond | NYSE Arca

Last Closing

USD 50.17

Change

-0.01 (-0.02)%

Market Cap

USD 0.94B

Volume

0.56M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

The investment seeks maximum current income, consistent with preservation of capital and daily liquidity. The fund will invest at least 80% of its net assets in fixed income securities and in ETFs and closed-end funds that invest substantially all of their assets in fixed income securities. It uses a low duration strategy to seek to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index in addition to providing returns in excess of those available in U.S. Treasury bills, government repurchase agreements, and money market funds, while seeking to provide preservation of capital and daily liquidity. The fund may invest in short-term instruments.

Inception Date: 12/02/2008

Primary Benchmark: ICE BofAML US Treasury Bill TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.28%

Management Expense Ratio: 0.25 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-12 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Mer Price(Change) Market Cap
PULS PGIM Ultra Short Bond 0.15 %

+0.01 (+0.02%)

USD 8.60B
GBIL Goldman Sachs Access Treasury .. 0.12 %

+0.03 (+0.03%)

USD 5.67B
FLRN SPDR® Bloomberg Investment Gr.. 0.15 %

-0.01 (-0.03%)

USD 2.28B
VNLA Janus Henderson Short Duration.. 0.35 %

+0.04 (+0.08%)

USD 2.26B
RAVI FlexShares Ready Access Variab.. 0.25 %

+0.04 (+0.05%)

USD 1.15B
ULST SPDR® SSgA Ultra Short Term B.. 0.20 %

+0.04 (+0.10%)

USD 0.54B
OPER ClearShares Ultra-Short Maturi.. 0.28 %

-0.01 (0.00%)

USD 0.13B
BIL SPDR® Bloomberg 1-3 Month T-B.. 0.14 %

+0.02 (+0.02%)

N/A
FLTR VanEck Investment Grade Floati.. 0.14 %

N/A

N/A

ETFs Containing GSY

N/A

Market Performance

  Market Performance vs. Industry/Classification (Ultrashort Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.58% 70% C- 30% F
Dividend Return 4.46% 60% D- 68% D+
Total Return 5.04% 60% D- 33% F
Trailing 12 Months  
Capital Gain 0.58% 80% B- 20% F
Dividend Return 5.69% 70% C- 67% D+
Total Return 6.27% 70% C- 24% F
Trailing 5 Years  
Capital Gain -0.57% 40% F 43% F
Dividend Return 13.61% 60% D- 43% F
Total Return 13.04% 60% D- 35% F
Average Annual (5 Year Horizon)  
Capital Gain -0.15% 30% F 31% F
Dividend Return 1.63% 30% F 31% F
Total Return 1.78% 30% F 43% F
Risk Return Profile  
Volatility (Standard Deviation) 3.03% 40% F 96% N/A
Risk Adjusted Return 53.76% 30% F 70% C-
Market Capitalization 0.94B N/A N/A N/A N/A

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.

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.