ducovest

PVI:ARCA-PowerShares VRDO Tax Free Weekly Portfolio (USD)

ETF | Muni National Short | NYSE Arca

Last Closing

USD 24.82

Change

-0.02 (-0.08)%

Market Cap

USD 0.06B

Volume

2.00K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the S&P 500? Low Volatility Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in common stocks that comprise the underlying index. Volatility is a statistical measurement of the magnitude of up and down asset price fluctuations (increases or decreases in a stock's price) over time. It generally invests in all of the securities comprising the underlying index in proportion to their weightings in the underlying index. The fund is non-diversified.

Company Website : www.invescopowershares.com

Currency: USD

Country : USA

Inception Date: 15/11/2007

Primary Benchmark: Bloomberg US Muni AMT-Fr Wk VRDO TR USD

Primary Index: BBgBarc Municipal TR USD

Gross Expense Ratio: 0.25%

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: 2024-05-09 )

Largest Industry Peers for Muni National Short

Symbol Name Mer Price(Change) Market Cap
SUB iShares Short-Term National Mu.. 0.11 %

N/A

 USD 8.73B
SHM SPDR® Nuveen Bloomberg Short .. 0.20 %

N/A

 USD 3.85B
SMMU PIMCO Short Term Municipal Bon.. 0.35 %

N/A

 USD 0.57B
FSMB First Trust Short Duration Man.. 0.00 %

N/A

 USD 0.42B
FUMB First Trust Ultra Short Durati.. 0.00 %

N/A

 USD 0.20B

ETFs Containing PVI

N/A

Market Performance

  Market Performance vs. Industry/Classification (Muni National Short) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.12% 83% B 37% F
Dividend Return 0.90% 67% D+ 42% F
Total Return 1.02% 100% F 35% F
Trailing 12 Months  
Capital Gain -0.52% 17% F 29% F
Dividend Return 3.39% 100% F 50% F
Total Return 2.87% 67% D+ 29% F
Trailing 5 Years  
Capital Gain -0.40% 83% B 43% F
Dividend Return 5.04% 50% F 16% F
Total Return 4.64% 50% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain -0.08% 100% F 39% F
Dividend Return 0.69% 83% B 30% F
Total Return 0.76% 17% F 18% F
Risk Return Profile  
Volatility (Standard Deviation) 0.99% 100% F 96% N/A
Risk Adjusted Return 69.06% 83% B 89% A-
Market Capitalization 0.06B 17% F 15% 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.

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:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.