Clearshares Piton Intermediate Etf Profile

PIFI Etf  USD 93.60  0.25  0.27%   

Performance

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Odds Of Distress

Less than 9

 
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Low
ClearShares Piton is trading at 93.60 as of the 30th of November 2024. This is a 0.27 percent decrease since the beginning of the trading day. The etf's open price was 93.85. ClearShares Piton 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 ClearShares Piton Intermediate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in debt securities and other instruments that have economic characteristics similar to such securities. More on ClearShares Piton Intermediate

Moving together with ClearShares Etf

  0.96BND Vanguard Total BondPairCorr
  0.96AGG iShares Core AggregatePairCorr
  0.97BIV Vanguard IntermediatePairCorr
  0.96SPAB SPDR Portfolio AggregatePairCorr
  0.96EAGG iShares ESG AggregatePairCorr
  0.96FLCB Franklin Templeton ETFPairCorr

Moving against ClearShares Etf

  0.8EOS Eaton Vance EnhancedPairCorr
  0.79AEMB American Century InvPairCorr
  0.73BTC Grayscale Bitcoin MiniPairCorr
  0.62ETH Grayscale Ethereum MiniPairCorr

ClearShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Debt ETFs, Investment Grade ETFs, Intermediate Core Bond, ClearShares (View all Sectors)
IssuerClearShares
Inception Date2020-10-01
Entity TypeRegulated Investment Company
Asset TypeFixed Income
CategoryBroad Debt
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorClearShares, LLC
CustodianU.S. Bank, N.A.
DistributorQuasar Distributors, LLC
Portfolio ManagerBrian Lockwood
Transfer AgentU.S. Bancorp Fund Services, LLC
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents74.0
Market MakerJane Street
Total Expense0.65
Management Fee0.55
Country NameUSA
Returns Y T D3.12
NameClearShares Piton Intermediate Fixed Income ETF
Currency CodeUSD
Open FigiBBG00XNQGHQ1
In Threey Volatility4.58
1y Volatility4.59
200 Day M A92.8449
50 Day M A93.9071
CodePIFI
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.9)
TypeETF
ClearShares Piton Intermediate [PIFI] is traded in USA and was established 2020-10-01. The fund is listed under Intermediate Core Bond category and is part of ClearShares family. The entity is thematically classified as Broad Debt ETFs. ClearShares Piton at this time have 127.84 M in assets. , while the total return for the last year was 5.3%.
Check ClearShares Piton Probability Of Bankruptcy

Top ClearShares Piton Intermediate Etf Constituents

United States Treasury Notes 0.12%3.09%
United States Treasury Notes 1.25%2.08%
Federal Home Loan Mortgage Corporation 0.38%3.08%
SALT LAKE CITY UTAH REDEV AGY TAX INCREMENT REV 5.11%2.0499999%
Federal Home Loan Mortgage Corporation 0.12%3.09%
United States Treasury Notes 2.75%2.22%
J.M. Smucker Company 3.5%2.19%
ClearShares Ultra-Short Maturity ETF3.1%
United States Treasury Notes 1%2.15%
Federal Home Loan Banks 3.25%3.78%

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

ClearShares Piton Against Markets

When determining whether ClearShares Piton offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ClearShares Piton's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clearshares Piton Intermediate Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Clearshares Piton Intermediate Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares Piton Intermediate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
The market value of ClearShares Piton is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares Piton's value that differs from its market value or its book value, called intrinsic value, which is ClearShares Piton'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 ClearShares Piton's market value can be influenced by many factors that don't directly affect ClearShares Piton'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 ClearShares Piton's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares Piton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares Piton'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.