Spdr Doubleline Emerging Etf Profile
| EMTL Etf | USD 42.82 0.10 0.23% |
Performance4 of 100
| Odds Of DistressLess than 9
|
SPDR DoubleLine is selling for 42.82 as of the 30th of November 2024. This is a 0.23 percent increase since the beginning of the trading day. The etf's lowest day price was 42.8. SPDR DoubleLine has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for SPDR DoubleLine Emerging are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in emerging market fixed income securities. SPDR Doubleline is traded on BATS Exchange in the United States. More on SPDR DoubleLine Emerging
Moving together with SPDR Etf
| 0.79 | EMB | iShares JP Morgan Symbol Change | PairCorr |
| 0.76 | PCY | Invesco Emerging Markets | PairCorr |
| 0.88 | CEMB | iShares JP Morgan | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | ELECTROMETAL SA TIMISOARA |
| Business Concentration | Broad Debt ETFs, Broad Market ETFs, Emerging Markets Bond, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2016-04-13 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 90.56 Million |
| Average Trading Valume | 4,724.6 |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Broad Market |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| Administrator | SSgA 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 | Luz Padilla, Mark Christensen, Su Fei Koo |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 143 |
| Market Maker | Jane Street |
| Total Expense | 0.65 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 6.73 |
| Name | SPDR DoubleLine Emerging Markets Fixed Income ETF |
| Currency Code | USD |
| Open Figi | BBG00CNV8TD3 |
| In Threey Volatility | 9.07 |
| 1y Volatility | 5.36 |
| 200 Day M A | 42.4778 |
| 50 Day M A | 42.9892 |
| Code | EMTL |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
SPDR DoubleLine Emerging [EMTL] is traded in USA and was established 2016-04-13. The fund is listed under Emerging Markets Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Broad Debt ETFs. SPDR DoubleLine Emerging currently have 65.44 M in assets under management (AUM). , while the total return for the last 3 years was 0.3%.
Check SPDR DoubleLine Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR DoubleLine Emerging Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
SPDR DoubleLine Emerging Currency Exposure
SPDR DoubleLine Emerging holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR DoubleLine will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR DoubleLine Emerging.
SPDR DoubleLine Emerging 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 DoubleLine. 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 | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (1.06) |
SPDR DoubleLine Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR DoubleLine Emerging. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of SPDR DoubleLine Emerging 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 DoubleLine's value that differs from its market value or its book value, called intrinsic value, which is SPDR DoubleLine's 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 DoubleLine's market value can be influenced by many factors that don't directly affect SPDR DoubleLine's 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 DoubleLine's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR DoubleLine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR DoubleLine's 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.