Ssga Active Trust Etf Profile

OBND Etf  USD 26.14  0.05  0.19%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 9

 
High
 
Low
Low
SSGA Active is trading at 26.14 as of the 28th of November 2024, a 0.19 percent increase since the beginning of the trading day. The etf's lowest day price was 26.12. SSGA Active has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for SSGA Active 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.
The sub-adviser will invest at least 80 percent of the funds net assets, directly, or indirectly through underlying ETFs, in debt obligations. SPDR Loomis is traded on BATS Exchange in the United States. More on SSGA Active Trust

Moving together with SSGA Etf

  0.86UCON First Trust TCWPairCorr
  0.76DFHY TrimTabs DonoghuePairCorr

Moving against SSGA Etf

  0.67RISR FolioBeyond Rising RatesPairCorr
  0.53SPAQ Horizon Kinetics SPACPairCorr
  0.52RINF ProShares InflationPairCorr
  0.33XOP SPDR SP OilPairCorr

SSGA Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationTarget Outcome ETFs, Asset Allocation ETFs, Nontraditional Bond, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date2021-09-27
Entity TypeRegulated Investment Company
Asset Under Management40.34 Million
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationBlended Development
RegionGlobal
AdministratorSSgA Funds Management, Inc.
AdvisorSSGA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerKevin Kearns, Andrea DiCenso, Tom Stolberg
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeCboe BZX Exchange, Inc.
Number of Constituents530
Market MakerJane Street
Total Expense0.55
Management Fee0.55
Country NameUSA
Returns Y T D5.34
NameSSGA Active Trust - SPDR Loomis Sayles Opportunistic Bond ETF
Currency CodeUSD
Open FigiBBG012QDQ0Q0
In Threey Volatility7.45
1y Volatility5.93
200 Day M A25.9368
50 Day M A26.1646
CodeOBND
Updated At27th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.42)
SSGA Active Trust [OBND] is traded in USA and was established 2021-09-27. The fund is listed under Nontraditional Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Target Outcome ETFs. SSGA Active Trust now have 27.56 M in assets. , while the total return for the last 3 years was 1.1%.
Check SSGA Active Probability Of Bankruptcy

Geographic Allocation (%)

SSGA Active Trust Currency Exposure

SSGA Active Trust 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 SSGA Active 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 SSGA Active Trust.

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

SSGA Active Trust Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. SSGA Active Trust Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe SSGA Active price patterns.

SSGA Active Against Markets

When determining whether SSGA Active Trust is a strong investment it is important to analyze SSGA Active'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 SSGA Active's future performance. For an informed investment choice regarding SSGA Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in SSGA Active 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 board of governors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of SSGA Active Trust is measured differently than its book value, which is the value of SSGA that is recorded on the company's balance sheet. Investors also form their own opinion of SSGA Active's value that differs from its market value or its book value, called intrinsic value, which is SSGA Active'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 SSGA Active's market value can be influenced by many factors that don't directly affect SSGA Active'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 SSGA Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSGA Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSGA Active'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.