Spdr Galaxy Hedged Etf Profile
| HECO Etf | USD 37.35 1.84 5.18% |
Performance20 of 100
| Odds Of DistressLess than 9
|
SPDR Galaxy is selling at 37.35 as of the 28th of November 2024; that is 5.18 percent increase since the beginning of the trading day. The etf's open price was 35.51. SPDR Galaxy has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for SPDR Galaxy Hedged 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.
The fund is an actively managed exchange-traded fund and, under normal conditions, will invest at least 80 percent of its net assets , directly or indirectly through mutual funds and ETFs, in the equity and fixed income securities of ecologically-focused companies andor green bonds. More on SPDR Galaxy Hedged
Moving against SPDR Etf
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Miscellaneous Sector, Strategy shares (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2024-09-09 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 142.04 Million |
| Average Trading Valume | 863.5 |
| Asset Type | Multi Asset |
| Category | Strategy |
| Focus | Theme |
| 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 | Christopher Rhine, Paul Cappelli, Ian Kolman |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 59.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.9 |
| Management Fee | 0.9 |
| Nav Price | 36.7 |
| Two Hundred Day Average | 36.61 |
| Ytd | -12.59% |
| Fifty Two Week Low | 32.26 |
| As Of Date | 31st of March 2020 |
| Fifty Two Week High | 43.76 |
| One Month | -7.29% |
| Fifty Day Average | 36.61 |
| Three Month | -12.59% |
| Beta In Three Year | 0.64 |
SPDR Galaxy Hedged [HECO] is traded in USA and was established 2012-06-18. The fund is listed under Miscellaneous Sector category and is part of Strategy shares family. The entity is thematically classified as Strategy ETFs. SPDR Galaxy Hedged currently have 9.12 M in assets under management (AUM). , while the total return for the last 3 years was 1.38%.
Check SPDR Galaxy Probability Of Bankruptcy
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 Galaxy Hedged 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.
Top SPDR Galaxy Hedged Etf Constituents
| VRSK | Verisk Analytics | Stock | Industrials | |
| TJX | The TJX Companies | Stock | Consumer Discretionary | |
| CLX | The Clorox | Stock | Consumer Staples | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| VXX | iPath Series B | Etf | Trading--Miscellaneous | |
| RNR | Renaissancere Holdings | Stock | Financials | |
| IR | Ingersoll Rand | Stock | Industrials | |
| SUSB | iShares ESG 1 5 | Etf | Short-Term Bond |
SPDR Galaxy Top Holders
| HBAFX | Rational Strategic Allocation | Mutual Fund | Allocation--30% to 50% Equity | |
| RHSCX | Rational Strategic Allocation | Mutual Fund | Allocation--30% to 50% Equity | |
| RHSIX | Rational Strategic Allocation | Mutual Fund | Allocation--30% to 50% Equity |
SPDR Galaxy Hedged 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 Galaxy. 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 | 0.1832 | |||
| Jensen Alpha | 0.3765 | |||
| Total Risk Alpha | 0.1947 | |||
| Sortino Ratio | 0.2339 |
SPDR Galaxy Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR Galaxy Hedged. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of SPDR Galaxy Hedged 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 Galaxy's value that differs from its market value or its book value, called intrinsic value, which is SPDR Galaxy'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 Galaxy's market value can be influenced by many factors that don't directly affect SPDR Galaxy'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 Galaxy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Galaxy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Galaxy'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.