American Century Diversified Etf Profile

KORP Etf  USD 47.22  0.20  0.43%   

Performance

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Odds Of Distress

Less than 9

 
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Low
American Century is selling at 47.22 as of the 30th of November 2024; that is 0.43 percent increase since the beginning of the trading day. The etf's last reported lowest price was 47.14. American Century has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for American Century Diversified 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.
The portfolio managers will invest at least 80 percent of the funds net assets, plus any borrowings for investment purposes, in corporate debt securities and corporate debt investments. American Century is traded on NYSEARCA Exchange in the United States. More on American Century Diversified

Moving together with American Etf

  0.99LQD iShares iBoxx Investment Aggressive PushPairCorr
  0.95IGIB iShares 5 10PairCorr
  0.99USIG iShares Broad USDPairCorr
  0.99SPIB SPDR Barclays IntermPairCorr
  0.99SUSC iShares ESG USDPairCorr
  1.0QLTA iShares AaaPairCorr

Moving against American Etf

  0.68VUG Vanguard Growth IndexPairCorr
  0.63VTI Vanguard Total StockPairCorr
  0.63SPY SPDR SP 500 Aggressive PushPairCorr
  0.63IVV iShares Core SPPairCorr
  0.62VO Vanguard Mid CapPairCorr
  0.6VB Vanguard Small CapPairCorr

American Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCorporate ETFs, Broad Market ETFs, Corporate Bond, American Century Investments (View all Sectors)
IssuerAmerican Century Investments
Inception Date2018-01-11
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management382.44 Million
Average Trading Valume72,989.8
Asset TypeFixed Income
CategoryCorporate
FocusBroad Market
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorAmerican Century Services, LLC
AdvisorAmerican Century Investment Management, Inc.
CustodianState Street Bank and Trust Company
DistributorForeside Fund Services, LLC
Portfolio ManagerKevin Akioka, Jeffrey L. Houston, Gavin Fleischman, Le Tran
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents260
Market MakerJane Street
Total Expense0.29
Management Fee0.29
Country NameUSA
Returns Y T D5.35
NameAmerican Century Diversified Corporate Bond ETF
Currency CodeUSD
Open FigiBBG00JQ09C76
In Threey Volatility6.74
1y Volatility7.07
200 Day M A46.5816
50 Day M A47.2377
CodeKORP
Updated At29th of November 2024
Currency NameUS Dollar
American Century Diversified [KORP] is traded in USA and was established 2018-01-11. The fund is listed under Corporate Bond category and is part of American Century Investments family. The entity is thematically classified as Corporate ETFs. American Century Div now have 138.6 M in assets. , while the total return for the last 3 years was 0.8%.
Check American Century 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 American Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American 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 American Century Diversified 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 American Century Diversified Etf Constituents

ZTM239.24107%
TNM231.16254%
ZNM236.32598%

American Century Top Holders

AACGXStrategic Allocation ServativeMutual FundAllocation--30% to 50% Equity
AAAUXStrategic Allocation AggressiveMutual FundAllocation--70% to 85% Equity
AAARXStrategic Allocation AggressiveMutual FundAllocation--70% to 85% Equity
AACCXStrategic Allocation ServativeMutual FundAllocation--30% to 50% Equity
ASMUXStrategic Allocation ModerateMutual FundAllocation--50% to 70% Equity
AACRXStrategic Allocation ServativeMutual FundAllocation--30% to 50% Equity
ASAUXStrategic Allocation AggressiveMutual FundAllocation--70% to 85% Equity
TWSMXStrategic Allocation ModerateMutual FundAllocation--50% to 70% Equity
More Details

American Century Div 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 American Century. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

American Century Against Markets

When determining whether American Century Div is a strong investment it is important to analyze American Century's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Century's future performance. For an informed investment choice regarding American Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in American Century Diversified. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of American Century Div is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century'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 American Century's market value can be influenced by many factors that don't directly affect American Century'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 American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century'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.