Spdr Ssga Fixed Etf Profile
| FISR Etf | USD 24.99 0.04 0.16% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR SSGA is selling at 24.99 as of the 23rd of April 2024; that is 0.16 percent increase since the beginning of the trading day. The etf's lowest day price was 24.94. SPDR SSGA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR SSGA Fixed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2023 and ending today, the 23rd of April 2024. Click here to learn more.
The fund is a fund of funds, meaning that it primarily invests its assets in securities of other exchange-traded funds . SPDR SSGA is traded on NYSEARCA Exchange in the United States. More on SPDR SSGA Fixed
Moving together with SPDR Etf
| 0.98 | IUSB | iShares Core Total | PairCorr |
| 0.98 | FIXD | First Trust TCW | PairCorr |
| 0.89 | FBND | Fidelity Total Bond | PairCorr |
| 0.82 | TOTL | SPDR DoubleLine Total | PairCorr |
| 0.94 | HTRB | Hartford Total Return | PairCorr |
| 0.94 | GTO | Invesco Total Return | PairCorr |
| 0.98 | EUSB | iShares Trust | PairCorr |
SPDR Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPDR SSGA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR SSGA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | High Yield ETFs, Broad Debt ETFs, Intermediate Core-Plus Bond, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2019-04-02 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 217.87 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | High Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | SSGA Funds Management, Inc. |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Martel, Jeremiah Holly, Leo Law |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 14.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | (3.36) |
| Name | SPDR SSGA Fixed Income Sector Rotation ETF |
| Currency Code | USD |
| Open Figi | BBG00NS9WGV4 |
| In Threey Volatility | 7.71 |
| 1y Volatility | 7.27 |
| 200 Day M A | 25.3054 |
| 50 Day M A | 25.4019 |
| Code | FISR |
| Updated At | 22nd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.81) |
| Type | ETF |
SPDR SSGA Fixed [FISR] is traded in USA and was established 2019-04-02. The fund is listed under Intermediate Core-Plus Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as High Yield ETFs. SPDR SSGA Fixed currently have 131.3 M in assets under management (AUM). , while the total return for the last 3 years was -4.4%.
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 Fixed 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 SPDR SSGA Fixed Etf Constituents
| BIL | SPDR Bloomberg 1 3 | Etf | Ultrashort Bond |
| JNK | SPDR Series Trust | Etf | MX Etf |
| BWX | SPDR Bloomberg International | Etf | Global Bond |
SPDR SSGA Target Price Odds Analysis
In regard to a normal probability distribution, the odds of SPDR SSGA jumping above the current price in 90 days from now is about 97.0%. The SPDR SSGA Fixed probability density function shows the probability of SPDR SSGA etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR SSGA has a beta of 0.3009. This usually indicates as returns on the market go up, SPDR SSGA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR SSGA Fixed will be expected to be much smaller as well. Additionally, sPDR SSGA Fixed has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of SPDR SSGA to move above the current price in 90 days from now is about 97.0 (This SPDR SSGA Fixed probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR SSGA Fixed Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR SSGA market risk premium is the additional return an investor will receive from holding SPDR SSGA long position in a well-diversified portfolio. 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. Although SPDR SSGA's alpha and beta are two of the key measurements used to evaluate SPDR SSGA's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.13) |
SPDR SSGA Against Markets
Picking the right benchmark for SPDR SSGA etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPDR SSGA etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPDR SSGA is critical whether you are bullish or bearish towards SPDR SSGA Fixed at a given time. Please also check how SPDR SSGA's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SPDR SSGA without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy SPDR Etf?
Before investing in SPDR SSGA, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in SPDR SSGA. To buy SPDR SSGA etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR SSGA. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase SPDR SSGA etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR SSGA Fixed etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased SPDR SSGA Fixed etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as SPDR SSGA Fixed, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SPDR Etf please use our How to Invest in SPDR SSGA guide.
Already Invested in SPDR SSGA Fixed?
The danger of trading SPDR SSGA Fixed is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPDR SSGA is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPDR SSGA. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR SSGA Fixed is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SPDR SSGA Fixed is a strong investment it is important to analyze SPDR SSGA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR SSGA's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR SSGA Fixed. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
The market value of SPDR SSGA Fixed 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.