ducovest

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

ETF | Ultrashort Bond |

Last Closing

USD 75.38

Change

0.00 (0.00)%

Market Cap

USD 1.15B

Volume

0.04M

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.

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

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-17 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Price(Change) Market Cap
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GBIL Goldman Sachs Access Treasury ..

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FLRN SPDR® Bloomberg Investment Gr..

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VNLA Janus Henderson Short Duration..

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ULST SPDR® SSgA Ultra Short Term B..

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OPER ClearShares Ultra-Short Maturi..

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BIL SPDR® Bloomberg 1-3 Month T-B..

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 N/A
FLTR VanEck Investment Grade Floati..

N/A

 N/A
GSY Invesco Ultra Short Duration E..

N/A

 N/A

ETFs Containing RAVI

BNDC FlexShares Core Select Bo.. 0.00 % 0.16 %

N/A

 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 0.47% 50% F 32% F
Dividend Return 4.47% 70% C- 67% D+
Total Return 4.94% 50% F 35% F
Trailing 12 Months  
Capital Gain 0.41% 40% F 21% F
Dividend Return 5.35% 60% D- 64% D
Total Return 5.77% 50% F 25% F
Trailing 5 Years  
Capital Gain -0.59% 30% F 43% F
Dividend Return 13.23% 50% F 41% F
Total Return 12.64% 40% F 35% F
Average Annual (5 Year Horizon)  
Capital Gain -0.18% 20% F 31% F
Dividend Return 1.59% 20% F 31% F
Total Return 1.78% 30% F 43% F
Risk Return Profile  
Volatility (Standard Deviation) 2.70% 60% D- 97% N/A
Risk Adjusted Return 58.98% 40% F 75% C
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.