GSY:ARCA-Guggenheim Enhanced Short Duration (USD)

ETF | Ultrashort Bond | NYSE Arca

Last Closing

USD 49.89

Change

0.00 (0.00)%

Market Cap

USD 0.94B

Volume

0.58M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks maximum current income, consistent with preservation of capital and daily liquidity. The fund will invest at least 80% of its net assets in fixed income securities and in ETFs and closed-end funds that invest substantially all of their assets in fixed income securities. It uses a low duration strategy to seek to outperform the Barclays Capital 1-3 Month U.S. Treasury Bill Index in addition to providing returns in excess of those available in U.S. Treasury bills, government repurchase agreements, and money market funds, while seeking to provide preservation of capital and daily liquidity. The fund may invest in short-term instruments.

Inception Date: 12/02/2008

Primary Benchmark: ICE BofAML US Treasury Bill TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.28%

Management Expense Ratio: 0.25 %

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: 2024-03-28 )

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 %

N/A

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

N/A

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

N/A

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

N/A

USD 2.27B
FLTR VanEck Investment Grade Floati.. 0.14 %

N/A

USD 1.50B
RAVI FlexShares Ready Access Variab.. 0.25 %

N/A

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

N/A

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

N/A

USD 0.16B

ETFs Containing GSY

ZFC:CA BMO SIA Focused Canadian .. 0.00 % 0.00 %

N/A

CAD 0.06B

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 0.02% 18% F 32% F
Dividend Return 1.35% 100% F 65% D
Total Return 1.37% 55% F 34% F
Trailing 12 Months  
Capital Gain 0.63% 36% F 31% F
Dividend Return 5.41% 91% A- 72% C
Total Return 6.03% 82% B 35% F
Trailing 5 Years  
Capital Gain -0.78% 27% F 43% F
Dividend Return 9.43% 64% D 36% F
Total Return 8.66% 45% F 37% F
Average Annual (5 Year Horizon)  
Capital Gain -0.27% 30% F 40% F
Dividend Return 1.13% 10% F 35% F
Total Return 1.41% 30% F 35% F
Risk Return Profile  
Volatility (Standard Deviation) 2.02% 50% F 99% N/A
Risk Adjusted Return 56.20% 30% F 83% B
Market Capitalization 0.94B 45% F 62% D

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 return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it 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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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.

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.