Spdr Series Trust Etf Profile
CERY Etf | 25.82 0.03 0.12% |
Performance10 of 100
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SPDR Series is trading at 25.82 as of the 28th of November 2024; that is 0.12 percent down since the beginning of the trading day. The etf's open price was 25.85. SPDR Series has 50 percent odds of going through some form of financial distress in the next two years but had a very ok returns during the last 90 days. Equity ratings for SPDR Series Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
IPO Date 5th of September 2024 |
SPDR Etf Highlights
Thematic Idea | Broad Commodities ETFs (View all Themes) |
Business Concentration | Broad Commodities ETFs (View all Sectors) |
Issuer | SSgA |
Inception Date | 2024-09-04 |
Benchmark | Bloomberg Enhanced Roll Yield Total Return Index |
Entity Type | Regulated Investment Company |
Asset Under Management | 99.51 Million |
Asset Type | Commodities |
Category | Broad Commodities |
Focus | Broad Commodities |
Market Concentration | Blended Development |
Region | Global |
Administrator | State Street Global Advisors Funds Management Inc. |
Advisor | SSGA Funds Management, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | State Street Global Advisors Funds Distributors, LLC |
Portfolio Manager | Karl Schneider, Amy Cheng, Kala O'Donnell |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Oct |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 12.0 |
Market Maker | GTS |
Total Expense | 0.28 |
Management Fee | 0.28 |
Name | SPDR Series Trust |
Currency Code | USD |
Code | CERY |
Country Name | USA |
Open Figi | BBG01PKPCTK6 |
Updated At | 10th of September 2024 |
Currency Name | US Dollar |
Type | Common Stock |
I P O Date | 5th of September 2024 |
Is Delisted | false |
SPDR Series Trust [CERY] is traded in USA and was established null. The fund is not filed under any group at this time. The fund currently have in assets under management (AUM).
Check SPDR Series Probability Of Bankruptcy
SPDR Series Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR Series. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0547 | |||
Jensen Alpha | 0.0377 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0.08) |
SPDR Series Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SPDR Series Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SPDR Series Trust is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Series' value that differs from its market value or its book value, called intrinsic value, which is SPDR Series' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR Series' market value can be influenced by many factors that don't directly affect SPDR Series' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Series' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Series is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Series' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.