ducovest

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

ETF | Ultrashort Bond |

Last Closing

USD 30.76

Change

-0.01 (-0.03)%

Market Cap

USD 2.28B

Volume

0.79M

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.

Company Website : http://www.spdrs.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-13 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Price(Change) Market Cap
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+0.01 (+0.02%)

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GBIL Goldman Sachs Access Treasury ..

+0.03 (+0.03%)

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VNLA Janus Henderson Short Duration..

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RAVI FlexShares Ready Access Variab..

+0.04 (+0.05%)

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ULST SPDR® SSgA Ultra Short Term B..

+0.04 (+0.10%)

 USD 0.54B
OPER ClearShares Ultra-Short Maturi..

-0.01 (0.00%)

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

+0.02 (+0.02%)

 N/A
FLTR VanEck Investment Grade Floati..

N/A

 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 0.56% 70% C- 31% F
Dividend Return 4.90% 90% A- 72% C
Total Return 5.45% 90% A- 35% F
Trailing 12 Months  
Capital Gain 0.52% 50% F 20% F
Dividend Return 5.90% 90% A- 69% C-
Total Return 6.42% 80% B- 25% F
Trailing 5 Years  
Capital Gain 0.03% 60% D- 44% F
Dividend Return 14.50% 70% C- 46% F
Total Return 14.53% 80% B- 37% F
Average Annual (5 Year Horizon)  
Capital Gain 0.28% 80% B- 34% F
Dividend Return 2.43% 80% B- 35% F
Total Return 2.15% 70% C- 50% F
Risk Return Profile  
Volatility (Standard Deviation) 3.05% 30% F 96% N/A
Risk Adjusted Return 79.84% 70% C- 89% A-
Market Capitalization 2.28B 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:
High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.