FLTR:ARCA-VanEck Vectors Investment Grade Floating Rate (USD)

ETF | Ultrashort Bond | NYSE Arca

Last Closing

USD 25.51

Change

+0.02 (+0.08)%

Market Cap

USD 0.08B

Volume

0.50M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS? US Investment Grade Floating Rate Index (the "Floating Rate Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. dollar-denominated floating rate notes issued by corporate entities or similar commercial entities that are public reporting companies in the United States and rated investment grade. The fund is non-diversified.

Inception Date: 25/04/2011

Primary Benchmark: MVIS US Invst Grade Floating Rate NR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.48%

Management Expense Ratio: 0.14 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Mer Price(Change) Market Cap
BIL SPDR® Bloomberg 1-3 Month T-B.. 0.14 %

N/A

USD 32.61B
PULS PGIM Ultra Short Bond 0.15 %

+0.01 (+0.02%)

USD 6.23B
GBIL Goldman Sachs Access Treasury .. 0.12 %

+0.01 (+0.01%)

USD 5.59B
FLRN SPDR® Bloomberg Investment Gr.. 0.15 %

+0.01 (+0.03%)

USD 2.35B
VNLA Janus Henderson Short Duration.. 0.35 %

+0.01 (+0.02%)

USD 2.27B
GSY Invesco Ultra Short Duration E.. 0.25 %

+0.01 (+0.02%)

USD 1.93B
RAVI FlexShares Ready Access Variab.. 0.25 %

+0.03 (+0.04%)

USD 1.14B
ULST SPDR® SSgA Ultra Short Term B.. 0.20 %

+0.01 (+0.02%)

USD 0.58B
OPER ClearShares Ultra-Short Maturi.. 0.28 %

-0.44 (-0.44%)

USD 0.16B

ETFs Containing FLTR

BETS:XETRA 7.22 % 0.00 %

N/A

N/A
XZEC:XETRA Xtrackers MSCI Europe Con.. 3.29 % 0.00 %

+0.90 (+1.00%)

USD 7.18M
STRX:SW SPDR® MSCI Europe Consum.. 3.16 % 0.00 %

+1.76 (+1.00%)

USD 0.13B
JPEU 0.00 % 0.40 %

N/A

N/A
ISEQ:LSE 0.00 % 0.00 %

N/A

N/A
XFEW:LSE 0.00 % 0.00 %

N/A

N/A
STR:PA SPDR® MSCI Europe Consum.. 0.00 % 0.00 %

+2.28 (+1.00%)

USD 0.13B
C078:F 0.00 % 0.00 %

N/A

N/A
EXV9:F iShares (DE) I - iShares .. 0.00 % 0.00 %

N/A

USD 0.09B
SPYR:F SSgA SPDR ETFs Europe II .. 0.00 % 0.00 %

+2.84 (+1.00%)

USD 0.13B
C078:XETRA 0.00 % 0.00 %

N/A

N/A
EXV9:XETRA iShares (DE) I - iShares .. 0.00 % 0.00 %

+0.12 (+1.00%)

USD 0.10B
IREMF iShares Public Limited Co.. 0.00 % 0.00 %

-0.23 (1.00%)

N/A
ESIC:XETRA iShares MSCI Europe Consu.. 0.00 % 0.00 %

+0.10 (+1.00%)

USD 0.28B

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 1.43% 100% F 40% F
Dividend Return 1.05% 73% C 56% F
Total Return 2.49% 100% F 41% F
Trailing 12 Months  
Capital Gain 2.29% 100% F 36% F
Dividend Return 5.81% 100% F 75% C
Total Return 8.09% 100% F 40% F
Trailing 5 Years  
Capital Gain 1.35% 100% F 45% F
Dividend Return 12.30% 100% F 48% F
Total Return 13.65% 100% F 41% F
Average Annual (5 Year Horizon)  
Capital Gain 0.48% 100% F 44% F
Dividend Return 2.47% 100% F 42% F
Total Return 1.99% 90% A- 47% F
Risk Return Profile  
Volatility (Standard Deviation) 7.13% 10% F 87% B+
Risk Adjusted Return 34.60% 20% F 60% D-
Market Capitalization 0.08B 36% F 58% 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:
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.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

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.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

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.

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.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.