ducovest

CSD:ARCA-Guggenheim S&P Spin-Off (USD)

ETF | High Yield Fixed Income | NYSE Arca

Last Closing

USD 69.55

Change

+0.39 (+0.56)%

Market Cap

USD 0.21B

Volume

1.90K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the S&P U.S. Spin-Off Index. The fund will invest at least 90% of its total assets in securities that comprise the index. The index is designed to measure the performance of U.S. companies that have been spun off from larger corporations within the past four years. It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Company Website : www.guggenheiminvestments.com

Currency: USD

Country : USA

Inception Date: 01/03/2011

Primary Benchmark: N/A

Primary Index: Barclays Global High Yield TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.16 %

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: 2024-04-26 )

Largest Industry Peers for High Yield Fixed Income

ETFs Containing CSD

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 7.85% 100% F 78% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 7.85% 100% F 75% C
Trailing 12 Months  
Capital Gain 25.27% 100% F 81% B-
Dividend Return 0.60% 100% F 6% D-
Total Return 25.87% 100% F 79% B-
Trailing 5 Years  
Capital Gain 33.03% 100% F 66% D+
Dividend Return 4.46% 100% F 15% F
Total Return 37.49% 100% F 61% D-
Average Annual (5 Year Horizon)  
Capital Gain 11.55% 100% F 74% C
Dividend Return 12.50% 100% F 72% C
Total Return 0.95% 100% F 24% F
Risk Return Profile  
Volatility (Standard Deviation) 33.69% 100% F 32% F
Risk Adjusted Return 37.11% 100% F 60% D-
Market Capitalization 0.21B 100% F 19% 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.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (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.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:

There is nothing we particularly dislike