Virtus Private Credit Etf Profile

VPC Etf  USD 22.76  0.11  0.49%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Virtus Private is trading at 22.76 as of the 30th of November 2024, a 0.49 percent increase since the beginning of the trading day. The etf's open price was 22.65. Virtus Private has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Virtus Private Credit 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.
Under normal market conditions, the fund will invest not less than 80 percent of its assets in component securities of the underlying index. Virtus Private is traded on NYSEARCA Exchange in the United States. More on Virtus Private Credit

Moving against Virtus Etf

  0.34SSFI Strategy SharesPairCorr
  0.33BND Vanguard Total BondPairCorr

Virtus Etf Highlights

Thematic Ideas
(View all Themes)
Old Names[VPCL Limited, Viet Nam Power Investment and Development JSC]
Business ConcentrationTarget Outcome ETFs, Asset Allocation ETFs, Nontraditional Bond, Virtus (View all Sectors)
IssuerVirtus
Inception Date2019-02-07
BenchmarkIndxx Private Credit Index
Entity TypeRegulated Investment Company
Average Trading Valume16,309.1
Asset TypeMulti Asset
CategoryAsset Allocation
FocusTarget Outcome
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorVirtus ETF Solutions, LLC
AdvisorVirtus ETF Advisers LLC
CustodianThe Bank of New York Mellon Corporation
DistributorETF Distributors LLC
Portfolio ManagerMatthew Brown, Seth Kadushin
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents64.0
Market MakerVirtu Financial
Total Expense9.72
Management Fee0.75
Country NameUSA
Returns Y T D10.56
NameVirtus Private Credit ETF
Currency CodeUSD
Open FigiBBG00N875F15
In Threey Volatility14.09
1y Volatility7.44
200 Day M A22.5155
50 Day M A22.2649
CodeVPC
Updated At29th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.15
Virtus Private Credit [VPC] is traded in USA and was established 2019-02-07. The fund is classified under Nontraditional Bond category within Virtus family. The entity is thematically classified as Target Outcome ETFs. Virtus Private Credit at this time have 21.42 M in net assets. , while the total return for the last 3 years was 6.2%.
Check Virtus Private 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 Virtus Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Virtus 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 Virtus Private Credit 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 Virtus Private Credit Etf Constituents

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KIOKkr Income OpportunitiesFundAsset Management
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TSLXSixth Street SpecialtyStockFinancials
TCPCBlackRock TCP CapitalStockFinancials
SLRCSLR Investment CorpStockFinancials
PSECProspect CapitalStockFinancials
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Virtus Private Top Holders

TFALXTfa Tactical IncomeMutual FundMultistrategy
TFAZXTfa Tactical IncomeMutual FundNontraditional Bond
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Virtus Private Credit 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 Virtus Private. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Virtus Private Against Markets

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