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

ETF | Ultrashort Bond |

Last Closing

USD 40.365

Change

+0.01 (+0.02)%

Market Cap

USD 0.53B

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: 2024-12-24 )

Largest Industry Peers for Ultrashort Bond

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

+0.02 (+0.04%)

USD 9.08B
GBIL Goldman Sachs Access Treasury ..

+0.01 (+0.01%)

USD 5.76B
FLRN SPDR® Bloomberg Investment Gr..

+0.02 (+0.07%)

USD 2.40B
VNLA Janus Henderson Short Duration..

+0.02 (+0.04%)

USD 2.36B
RAVI FlexShares Ready Access Variab..

+0.05 (+0.07%)

USD 1.15B
OPER ClearShares Ultra-Short Maturi..

+0.01 (+0.01%)

USD 0.14B
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..

+0.02 (+0.04%)

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 -0.04% 20% F 38% F
Dividend Return 4.24% 20% F 60% D-
Total Return 4.20% 10% F 38% F
Trailing 12 Months  
Capital Gain 0.04% 30% F 38% F
Dividend Return 4.24% 20% F 59% D-
Total Return 4.28% 10% F 40% F
Trailing 5 Years  
Capital Gain -0.04% 70% C- 48% F
Dividend Return 12.33% 40% F 40% F
Total Return 12.30% 40% F 40% F
Average Annual (5 Year Horizon)  
Capital Gain 0.19% 70% C- 32% F
Dividend Return 2.13% 50% F 32% F
Total Return 1.93% 50% F 46% F
Risk Return Profile  
Volatility (Standard Deviation) 2.59% 70% C- 97% N/A
Risk Adjusted Return 82.19% 80% B- 89% A-
Market Capitalization 0.53B 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.

What to not like:
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.