Flexshares Iboxx 3 Year Etf Profile
| TDTT Etf | USD 23.82 0.04 0.17% |
Performance3 of 100
| Odds Of DistressLess than 9
|
FlexShares IBoxx is selling for under 23.82 as of the 28th of November 2024; that is 0.17 percent increase since the beginning of the trading day. The etf's last reported lowest price was 23.8. FlexShares IBoxx 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 iBoxx 3 Year are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The underlying index reflects the performance of a selection of inflation protected public obligations of the U.S. treasury, commonly known as TIPS, with a targeted average modified adjusted duration, as defined by the index provider, of approximately three years. More on FlexShares iBoxx 3 Year
Moving together with FlexShares Etf
FlexShares Etf Highlights
| Thematic Idea | Tips ETFs (View all Themes) |
| Business Concentration | Tips ETFs, Short-Term Inflation-Protected Bond, Flexshares Trust (View all Sectors) |
| Issuer | Northern Trust |
| Inception Date | 2011-09-19 |
| Benchmark | iBoxx 3-Year Target Duration TIPS Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.9 Billion |
| Average Trading Valume | 582,458.3 |
| Asset Type | Fixed Income |
| Category | U.S. Government |
| Focus | TIPS |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | J.P. Morgan Chase Bank, N.A. |
| Advisor | Northern Trust Investments, Inc. |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Daniel J. Personette, Michael R. Chico, Brandon P. Ferguson |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 27.0 |
| Market Maker | Flow Traders |
| Total Expense | 0.19 |
| Management Fee | 0.18 |
| Country Name | USA |
| Returns Y T D | 4.24 |
| Name | FlexShares iBoxx 3-Year Target Duration TIPS Index Fund |
| Currency Code | USD |
| Open Figi | BBG00243PB66 |
| In Threey Volatility | 4.23 |
| 1y Volatility | 2.74 |
| 200 Day M A | 23.6822 |
| 50 Day M A | 23.8664 |
| Code | TDTT |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
FlexShares iBoxx 3 Year [TDTT] is traded in USA and was established 2011-09-19. The fund is listed under Short-Term Inflation-Protected Bond category and is part of Flexshares Trust family. The entity is thematically classified as Tips ETFs. FlexShares iBoxx 3 at this time have 2.14 B in assets. , while the total return for the last 3 years was 1.2%.
Check FlexShares IBoxx 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 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 iBoxx 3 Year 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 iBoxx 3 Year Etf Constituents
| United States Treasury Notes 0.12% | 9.55% |
| United States Treasury Notes 0.25% | 12.109999% |
| United States Treasury Notes 0.5% | 8.89% |
| United States Treasury Bonds 2.38% | 11.16% |
| United States Treasury Notes 0.62% | 3.8399998% |
| United States Treasury Notes 0.38% | 3.8% |
FlexShares IBoxx Top Holders
| DUDE | DUDE | Etf | Tactical Allocation | |
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading | |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading | |
| BNDC | FlexShares Core Select | Etf | Intermediate Core Bond |
FlexShares iBoxx 3 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 FlexShares IBoxx. 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 | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.68) |
FlexShares IBoxx Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in FlexShares iBoxx 3 Year. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of FlexShares iBoxx 3 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 IBoxx's value that differs from its market value or its book value, called intrinsic value, which is FlexShares IBoxx'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 IBoxx's market value can be influenced by many factors that don't directly affect FlexShares IBoxx'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 IBoxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares IBoxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares IBoxx'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.