GRNB:ARCA-VanEck Vectors Green Bond (USD)

ETF | World Bond | NYSE Arca

Last Closing

USD 23.753

Change

+0.07 (+0.28)%

Market Cap

USD 4.96M

Volume

0.01M

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 S&P Green Bond Select Index (the "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 bonds issued for qualified "green" purposes and seeks to measure the performance of green-labeled bonds issued globally. The fund is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for World Bond

Symbol Name Price(Change) Market Cap
BWX SPDR® Bloomberg International..

-0.05 (-0.23%)

USD 0.86B
WIP SPDR® FTSE International Gove..

+0.07 (+0.18%)

USD 0.41B
BWZ SPDR® Bloomberg Short Term In..

-0.11 (-0.43%)

USD 0.17B
IBND SPDR® Bloomberg International..

+0.10 (+0.35%)

USD 0.16B
PICB Invesco International Corporat..

-0.01 (-0.02%)

USD 0.12B
RIGS RiverFront Strategic Income Fu..

+0.05 (+0.20%)

USD 0.10B
CRDT Simplify Exchange Traded Funds

-0.03 (-0.12%)

USD 0.08B

ETFs Containing GRNB

N/A

Market Performance

  Market Performance vs. Industry/Classification (World Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.32% 100% F 31% F
Dividend Return 0.58% 50% F 35% F
Total Return 0.26% 100% F 29% F
Trailing 12 Months  
Capital Gain 1.73% 71% C- 34% F
Dividend Return 3.08% 71% C- 44% F
Total Return 4.80% 71% C- 32% F
Trailing 5 Years  
Capital Gain -8.36% 88% B+ 35% F
Dividend Return 8.75% 75% C 32% F
Total Return 0.39% 88% B+ 27% F
Average Annual (5 Year Horizon)  
Capital Gain -3.00% 71% C- 28% F
Dividend Return -1.28% 86% B+ 23% F
Total Return 1.72% 71% C- 43% F
Risk Return Profile  
Volatility (Standard Deviation) 6.47% 86% B+ 89% A-
Risk Adjusted Return -19.71% 71% C- 17% F
Market Capitalization 4.96M 38% F 24% 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.

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.

What to not like:
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.

Negative earnings

The company had negative total earnings in the most recent four quarters.