Bny Mellon Responsible Etf Profile
| RHCB Etf | USD 46.25 0.11 0.24% |
Performance0 of 100
| Odds Of DistressLess than 9
|
BNY Mellon is trading at 46.25 as of the 28th of November 2024, a 0.24 percent increase since the beginning of the trading day. The etf's open price was 46.14. BNY Mellon 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 BNY Mellon Responsible 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 normally invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in corporate debt securities issued by companies that demonstrate attractive investment attributes and attractive business practices based on an environmental, social and governance evaluation methodology. More on BNY Mellon Responsible
Moving together with BNY Etf
| 0.99 | LQD | iShares iBoxx Investment Aggressive Push | PairCorr |
| 0.99 | IGIB | iShares 5 10 | PairCorr |
| 0.99 | USIG | iShares Broad USD | PairCorr |
| 0.98 | SPIB | SPDR Barclays Interm | PairCorr |
| 0.99 | SUSC | iShares ESG USD | PairCorr |
| 0.99 | QLTA | iShares Aaa | PairCorr |
Moving against BNY Etf
BNY Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, Broad Debt ETFs, Corporate Bond, BNY Mellon (View all Sectors) |
| Issuer | BNY Mellon Investment Management |
| Inception Date | 2022-03-21 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 23.14 Million |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Broad Debt |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | BNY Mellon Fund Administration |
| Advisor | BNY Mellon ETF Investment Adviser, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | BNY Mellon Securities Corporation |
| Portfolio Manager | Erin Spalsbury, Jonathan Earle |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 290 |
| Market Maker | Jane Street |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 2.57 |
| Name | BNY Mellon Responsible Horizons Corporate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG0165Z4KY6 |
| 1y Volatility | 8.61 |
| 200 Day M A | 46.0633 |
| 50 Day M A | 46.7168 |
| Code | RHCB |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
BNY Mellon Responsible [RHCB] is traded in USA and was established 2022-03-21. The fund is listed under Corporate Bond category and is part of BNY Mellon family. The entity is thematically classified as Corporate ETFs. BNY Mellon Responsible at this time have 21.84 M in assets. , while the total return for the last year was 8.2%.
Check BNY Mellon Probability Of Bankruptcy
Geographic Allocation (%)
BNY Mellon Responsible Currency Exposure
BNY Mellon Responsible 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 BNY Mellon 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 BNY Mellon Responsible.
BNY Mellon Responsible 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 BNY Mellon. 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 | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 2.24 |
BNY Mellon Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in BNY Mellon Responsible. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of BNY Mellon Responsible is measured differently than its book value, which is the value of BNY that is recorded on the company's balance sheet. Investors also form their own opinion of BNY Mellon's value that differs from its market value or its book value, called intrinsic value, which is BNY Mellon'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 BNY Mellon's market value can be influenced by many factors that don't directly affect BNY Mellon'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 BNY Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if BNY Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BNY Mellon'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.