FlexShares Credit is selling at 48.43 as of the 30th of November 2024; that is 0.27 percent increase since the beginning of the trading day. The etf's lowest day price was 48.39. FlexShares Credit has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for FlexShares Credit Scored Corporate 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 underlying index reflects the performance of a broad universe of intermediate maturity, US-dollar denominated investment grade corporate bonds that can potentially deliver a higher total return than the overall investment grade corporate bond market, as represented by the Northern Trust US Investment Grade Corporate Bond Index SM. More on FlexShares Credit Scored Corporate
Bradley Camden, Mike T. Doyle, Brandon P. Ferguson
Transfer Agent
JPMorgan Chase Bank, N.A.
Fiscal Year End
30-Sep
Exchange
NASDAQ
Number of Constituents
2,161
Market Maker
Jane Street
Total Expense
0.16
Management Fee
0.15
Country Name
USA
Returns Y T D
4.87
Name
FlexShares Credit-Scored US Corporate Bond Index Fund
Currency Code
USD
Open Figi
BBG007J2RFB4
In Threey Volatility
6.28
1y Volatility
5.49
200 Day M A
47.921
50 Day M A
48.4576
Code
SKOR
Updated At
30th of November 2024
Currency Name
US Dollar
FlexShares Credit Scored Corporate [SKOR] is traded in USA and was established 2014-11-12. The fund is listed under Corporate Bond category and is part of Flexshares Trust family. The entity is thematically classified as Corporate ETFs. FlexShares Credit at this time have 242.16 M in assets. , while the total return for the last 3 years was 0.6%.
Check FlexShares Credit 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 FlexShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FlexShares 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 FlexShares Credit Scored Corporate 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 FlexShares Credit Scored Corporate Etf Constituents
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 FlexShares Credit. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether FlexShares Credit is a strong investment it is important to analyze FlexShares Credit'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 FlexShares Credit's future performance. For an informed investment choice regarding FlexShares Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in FlexShares Credit Scored Corporate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of FlexShares Credit is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Credit's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Credit'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 FlexShares Credit's market value can be influenced by many factors that don't directly affect FlexShares Credit'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 FlexShares Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Credit'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.