Td Select Short Etf Performance

TUSB Etf  CAD 14.36  0.02  0.14%   
The entity owns a Beta (Systematic Risk) of 0.0245, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TD Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding TD Select is expected to be smaller as well.

Risk-Adjusted Performance

15 of 100

 
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Compared to the overall equity markets, risk-adjusted returns on investments in TD Select Short are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, TD Select is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
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TD Select U.S. Short Term Corporate Bond Ladder ETF declares CAD 0.06 dividend - MSN
11/20/2024
In Threey Sharp Ratio0.45
  

TD Select Relative Risk vs. Return Landscape

If you would invest  1,382  in TD Select Short on September 3, 2024 and sell it today you would earn a total of  54.00  from holding TD Select Short or generate 3.91% return on investment over 90 days. TD Select Short is generating 0.0603% of daily returns and assumes 0.2984% volatility on return distribution over the 90 days horizon. Simply put, 2% of etfs are less volatile than TUSB, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon TD Select is expected to generate 2.45 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.49 times less risky than the market. It trades about 0.2 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.2 of returns per unit of risk over similar time horizon.

TD Select Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for TD Select's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as TD Select Short, and traders can use it to determine the average amount a TD Select's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2023

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Estimated Market Risk

 0.3
  actual daily
2
98% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.2
  actual daily
15
85% of assets perform better
Based on monthly moving average TD Select is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TD Select by adding it to a well-diversified portfolio.

TD Select Fundamentals Growth

TUSB Etf prices reflect investors' perceptions of the future prospects and financial health of TD Select, and TD Select fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on TUSB Etf performance.

About TD Select Performance

By examining TD Select's fundamental ratios, stakeholders can obtain critical insights into TD Select's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that TD Select is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Short Term Corporate Bond Ladder ETF seeks to earn a high rate of interest while preserving capital through exposure to the performance of a diversified portfolio of primarily U.S. corporate bonds, divided into five groupings with staggered maturities from approximately one to five years. TD SELECT is traded on Toronto Stock Exchange in Canada.
Latest headline from news.google.com: TD Select U.S. Short Term Corporate Bond Ladder ETF declares CAD 0.06 dividend - MSN
The fund maintains about 92.1% of its assets in bonds

Other Information on Investing in TUSB Etf

TD Select financial ratios help investors to determine whether TUSB Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TUSB with respect to the benefits of owning TD Select security.