Spdr Ssga Ultra Etf Profile
| ULST Etf | USD 40.60 0.01 0.02% |
Performance22 of 100
| Odds Of DistressLess than 9
|
SPDR SSgA is selling for under 40.60 as of the 30th of November 2024; that is 0.02 percent increase since the beginning of the trading day. The etf's last reported lowest price was 40.59. SPDR SSgA 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 SSgA Ultra 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.
The Adviser invests, under normal circumstances, at least 80 percent of the funds net assets in a portfolio of U.S. dollar-denominated investment-grade fixed income securities. SSGA Ultra is traded on NYSEARCA Exchange in the United States. More on SPDR SSgA Ultra
Moving together with SPDR Etf
| 0.88 | BIL | SPDR Bloomberg 1 | PairCorr |
| 0.89 | SHV | iShares Short Treasury | PairCorr |
| 0.96 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.87 | USFR | WisdomTree Floating Rate | PairCorr |
| 0.91 | ICSH | iShares Ultra Short | PairCorr |
| 0.92 | FTSM | First Trust Enhanced | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, Investment Grade ETFs, Ultrashort Bond, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2013-10-09 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 537.59 Million |
| Average Trading Valume | 85,894.7 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Tom Connelley, Matt Pappas |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 138 |
| Market Maker | Jane Street |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | 4.86 |
| Name | SPDR SSgA Ultra Short Term Bond ETF |
| Currency Code | USD |
| Open Figi | BBG005D236F6 |
| In Threey Volatility | 1.05 |
| 1y Volatility | 0.92 |
| 200 Day M A | 40.4957 |
| 50 Day M A | 40.5812 |
| Code | ULST |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
SPDR SSgA Ultra [ULST] is traded in USA and was established 2013-10-09. The fund is listed under Ultrashort Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Corporate ETFs. SPDR SSgA Ultra at this time have 344.3 M in net assets. , while the total return for the last 3 years was 3.7%.
Check SPDR SSgA 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 SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR 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 SPDR SSgA Ultra 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.
SPDR SSgA Top Holders
| QGLCX | The Gold Bullion | Mutual Fund | Commodities Focused | |
| QGLDX | The Gold Bullion | Mutual Fund | Commodities Focused |
SPDR SSgA Ultra 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 SSgA. 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 | 0.0712 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (2.81) | |||
| Mean Deviation | 0.0402 |
SPDR SSgA Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SSgA Ultra. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of SPDR SSgA Ultra 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 SSgA's value that differs from its market value or its book value, called intrinsic value, which is SPDR SSgA'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 SSgA's market value can be influenced by many factors that don't directly affect SPDR SSgA'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 SSgA's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SSgA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SSgA'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.