Spdr Portfolio High Etf Profile

SPHY Etf  USD 23.93  0.05  0.21%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
SPDR Portfolio is trading at 23.93 as of the 30th of November 2024; that is 0.21 percent increase since the beginning of the trading day. The etf's open price was 23.88. SPDR Portfolio has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for SPDR Portfolio High 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 fund invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. More on SPDR Portfolio High

Moving together with SPDR Etf

  0.99HYG iShares iBoxx HighPairCorr
  0.99USHY iShares Broad USDPairCorr
  0.99JNK SPDR Bloomberg HighPairCorr
  0.98SHYG iShares 0 5PairCorr
  0.94HYLB Xtrackers USD HighPairCorr
  0.94SJNK SPDR Bloomberg ShortPairCorr

Moving against SPDR Etf

  0.8FNGD MicroSectors FANG IndexPairCorr
  0.45HUM Humana Inc Fiscal Year End 23rd of January 2025 PairCorr

SPDR Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCorporate ETFs, High Yield ETFs, High Yield Bond, SPDR State Street Global Advisors (View all Sectors)
IssuerSSgA
Inception Date2012-06-18
BenchmarkICE BofAML US High Yield Index
Entity TypeRegulated Investment Company
Asset Under Management6.4 Billion
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerBradley Sullivan, Michael Brunell, Kyle Kelly
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents1,937
Market MakerSusquehanna
Total Expense0.05
Management Fee0.05
Country NameUSA
Returns Y T D9.07
NameSPDR Portfolio High Yield Bond
Currency CodeUSD
Open FigiBBG0034VNB73
In Threey Volatility8.46
1y Volatility5.58
200 Day M A23.4619
50 Day M A23.8032
CodeSPHY
Updated At30th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.06)
SPDR Portfolio High [SPHY] is traded in USA and was established 2012-06-18. The fund is listed under High Yield Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Corporate ETFs. SPDR Portfolio High at this time have 735.28 M in assets. , while the total return for the last 3 years was 4.1%.
Check SPDR Portfolio Probability Of Bankruptcy

Geographic Allocation (%)

SPDR Portfolio High Currency Exposure

SPDR Portfolio High 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 SPDR Portfolio 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 SPDR Portfolio High.

SPDR Portfolio Top Holders

EVFTXEvaluator Tactically ManagedMutual FundAllocation--30% to 50% Equity
EVTTXEvaluator Tactically ManagedMutual FundAllocation--30% to 50% Equity
EVCLXEaton Vance MunicipalMutual FundAllocation--15% to 30% Equity
EVFCXEvaluator Conservative RmsMutual FundAllocation--15% to 30% Equity
More Details

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

SPDR Portfolio Against Markets

When determining whether SPDR Portfolio High offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Portfolio'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 Spdr Portfolio High Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Portfolio High Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Portfolio High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of SPDR Portfolio High is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio'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 SPDR Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio'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 SPDR Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio'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.