ducovest

GRNB:ARCA-VanEck Vectors Green Bond (USD)

ETF | World Bond | NYSE Arca

Last Closing

USD 23.243

Change

-0.13 (-0.54)%

Market Cap

USD 4.96M

Volume

7.50K

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.

Company Website : www.marketvectorsetfs.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-15 )

Largest Industry Peers for World Bond

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

N/A

 USD 0.86B
WIP SPDR® FTSE International Gove..

N/A

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

N/A

 USD 0.17B
IBND SPDR® Bloomberg International..

N/A

 USD 0.16B
PICB Invesco International Corporat..

N/A

 USD 0.12B
RIGS RiverFront Strategic Income Fu..

N/A

 USD 0.10B
CRDT Simplify Exchange Traded Funds

N/A

 USD 0.07B

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 -2.46% 88% B+ 36% F
Dividend Return 0.90% 63% D 47% F
Total Return -1.56% 88% B+ 34% F
Trailing 12 Months  
Capital Gain -0.59% 71% C- 41% F
Dividend Return 3.40% 71% C- 51% F
Total Return 2.81% 86% B+ 39% F
Trailing 5 Years  
Capital Gain -10.29% 88% B+ 37% F
Dividend Return 8.93% 75% C 34% F
Total Return -1.36% 88% B+ 29% F
Average Annual (5 Year Horizon)  
Capital Gain -3.02% 57% F 27% F
Dividend Return -1.26% 86% B+ 22% F
Total Return 1.76% 71% C- 42% F
Risk Return Profile  
Volatility (Standard Deviation) 6.48% 86% B+ 89% A-
Risk Adjusted Return -19.41% 43% F 16% F
Market Capitalization 4.96M 25% 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:
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.

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.