T Rowe Price Etf Profile
| TBUX Etf | USD 49.73 0.03 0.06% |
Performance11 of 100
| Odds Of DistressLess than 9
|
T Rowe is trading at 49.73 as of the 30th of November 2024; that is 0.06 percent decrease since the beginning of the trading day. The etf's open price was 49.76. T Rowe has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for T Rowe Price 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.
Under normal conditions, the fund will invest at least 80 percent of its net assets in bonds. T Rowe is traded on NYSEARCA Exchange in the United States. More on T Rowe Price
Moving together with TBUX Etf
| 0.93 | BIL | SPDR Bloomberg 1 | PairCorr |
| 0.94 | SHV | iShares Short Treasury | PairCorr |
| 0.94 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.91 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.94 | ICSH | iShares Ultra Short | PairCorr |
| 0.94 | FTSM | First Trust Enhanced | PairCorr |
Moving against TBUX Etf
TBUX Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Debt ETFs, Strategy ETFs, Ultrashort Bond, T. Rowe Price (View all Sectors) |
| Issuer | T. Rowe Price |
| Inception Date | 2021-09-27 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 256.68 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Strategy |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | T. Rowe Price Associates, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | T.Rowe Price Investment Services, Inc. |
| Portfolio Manager | Alexander S. Obaza |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 510 |
| Market Maker | Jane Street |
| Total Expense | 0.17 |
| Management Fee | 0.17 |
| Country Name | USA |
| Returns Y T D | 6.08 |
| Name | T. Rowe Price Exchange-Traded Funds Inc. - T. Rowe Price Ultra Short-Term Bond ETF |
| Currency Code | USD |
| Open Figi | BBG011XYJZB5 |
| In Threey Volatility | 1.28 |
| 1y Volatility | 0.64 |
| 200 Day M A | 49.5836 |
| 50 Day M A | 49.7853 |
| Code | TBUX |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
T Rowe Price [TBUX] is traded in USA and was established 2021-09-28. The fund is listed under Ultrashort Bond category and is part of T. Rowe Price family. The entity is thematically classified as Broad Debt ETFs. T Rowe Price at this time have 56.97 M in assets. , while the total return for the last 3 years was 4.0%.
Check T Rowe Probability Of Bankruptcy
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 TBUX Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding TBUX 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 T Rowe Price 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.
T Rowe Price Currency Exposure
T Rowe Price 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 T Rowe 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 T Rowe Price.
Top T Rowe Price Etf Constituents
| ZFM23 | 2.66344% |
| ZTM23 | 10.81519% |
T Rowe Price 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 T Rowe. 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 | 0.0399 | |||
| Jensen Alpha | 0.0106 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (1.02) |
T Rowe Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in T Rowe Price. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of T Rowe Price is measured differently than its book value, which is the value of TBUX that is recorded on the company's balance sheet. Investors also form their own opinion of T Rowe's value that differs from its market value or its book value, called intrinsic value, which is T Rowe'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 T Rowe's market value can be influenced by many factors that don't directly affect T Rowe'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 T Rowe's value and its price as these two are different measures arrived at by different means. Investors typically determine if T Rowe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T Rowe'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.