Pimco Rafi Dynamic Etf Profile
| MFDX Etf | USD 30.47 0.19 0.63% |
Performance0 of 100
| Odds Of DistressLess than 9
|
PIMCO RAFI is trading at 30.47 as of the 28th of November 2024; that is 0.63% up since the beginning of the trading day. The etf's open price was 30.28. PIMCO RAFI 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 PIMCO RAFI Dynamic 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 seeks to achieve its investment objective by investing at least 80 percent of its total assets in the component securities of the RAFI Dynamic Multi-Factor Developed Ex-U.S. Pimco RAFI is traded on NYSEARCA Exchange in the United States. More on PIMCO RAFI Dynamic
Moving together with PIMCO Etf
| 0.99 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.98 | IEFA | iShares Core MSCI | PairCorr |
| 0.9 | VEU | Vanguard FTSE All | PairCorr |
| 0.98 | EFA | iShares MSCI EAFE | PairCorr |
| 0.91 | IXUS | iShares Core MSCI | PairCorr |
| 0.99 | SPDW | SPDR SP World | PairCorr |
Moving against PIMCO Etf
PIMCO Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Foreign Large Blend, PIMCO (View all Sectors) |
| Issuer | PIMCO |
| Inception Date | 2017-08-31 |
| Benchmark | RAFI Dynamic MultiFactor Developed Ex-U.S. Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 283.63 Million |
| Average Trading Valume | 22,163 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | Global ex-U.S. |
| Administrator | Pacific Investment Management Company LLC |
| Advisor | Pacific Investment Management Company LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | PIMCO Investments LLC |
| Portfolio Manager | Thomas Seto |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 1,203 |
| Market Maker | Jane Street |
| Total Expense | 0.4 |
| Management Fee | 0.39 |
| Country Name | USA |
| Returns Y T D | 7.13 |
| Name | PIMCO RAFI Dynamic Multi-Factor International Equity |
| Currency Code | USD |
| Open Figi | BBG00HM85D06 |
| In Threey Volatility | 16.63 |
| 1y Volatility | 13.29 |
| 200 Day M A | 30.6447 |
| 50 Day M A | 31.2519 |
| Code | MFDX |
| Updated At | 26th of November 2024 |
| Currency Name | US Dollar |
PIMCO RAFI Dynamic [MFDX] is traded in USA and was established 2017-08-31. The fund is listed under Foreign Large Blend category and is part of PIMCO family. The entity is thematically classified as Strategy ETFs. PIMCO RAFI Dynamic now have 84.49 M in assets. , while the total return for the last 3 years was 4.4%.
Check PIMCO RAFI 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 PIMCO Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding PIMCO 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 PIMCO RAFI Dynamic 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.
PIMCO RAFI Dynamic Currency Exposure
PIMCO RAFI Dynamic 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 PIMCO RAFI 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 PIMCO RAFI Dynamic.
Top PIMCO RAFI Dynamic Etf Constituents
| TT | Trane Technologies plc | Stock | Industrials | |
| SUL | Super Retail Group | Stock | Consumer Discretionary | |
| AZJ | Aurizon Holdings | Stock | Industrials | |
| GLEN | Glencore PLC | Stock | Materials | |
| GL9 | Glanbia PLC | Stock | Food Manufacturers | |
| BEZQ | Bezeq Israeli Telecommunication | Stock | Communication Services | |
| WTE | Westshore Terminals Investment | Stock | Industrials | |
| IAG | Insurance Australia Group | Stock | Financials |
PIMCO RAFI Dynamic 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 PIMCO RAFI. 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 | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.15) |
PIMCO RAFI Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in PIMCO RAFI Dynamic. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of PIMCO RAFI Dynamic is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO RAFI's value that differs from its market value or its book value, called intrinsic value, which is PIMCO RAFI'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 PIMCO RAFI's market value can be influenced by many factors that don't directly affect PIMCO RAFI'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 PIMCO RAFI's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO RAFI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO RAFI'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.