Ishares Ig Corporate Etf Performance
| XIG Etf | CAD 19.81 0.04 0.20% |
The etf retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IShares IG's returns are expected to increase less than the market. However, during the bear market, the loss of holding IShares IG is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in iShares IG Corporate are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy technical and fundamental indicators, IShares IG is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Ishares US IG Corporate Bond Index ETF Quote - Press Release - The Globe and Mail | 04/10/2024 |
| In Threey Sharp Ratio | -0.62 |
IShares |
IShares IG Relative Risk vs. Return Landscape
If you would invest 1,970 in iShares IG Corporate on February 21, 2024 and sell it today you would earn a total of 11.00 from holding iShares IG Corporate or generate 0.56% return on investment over 90 days. iShares IG Corporate is generating 0.0097% of daily returns assuming 0.4212% volatility of returns over the 90 days investment horizon. Simply put, 3% of all etfs have less volatile historical return distribution than IShares IG, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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IShares IG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares IG's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares IG Corporate, and traders can use it to determine the average amount a IShares IG'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 = 0.0231
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| Negative Returns | XIG |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average IShares IG is performing at about 1% 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 IShares IG by adding it to a well-diversified portfolio.
IShares IG Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares IG, and IShares IG 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 IShares Etf performance.
| Total Asset | 108.01 M | |||
About IShares IG Performance
To evaluate iShares IG Corporate Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when IShares IG generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare IShares Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand iShares IG Corporate market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents IShares's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The investment seeks to replicate, net of expenses, the Markit iBoxx USD Liquid Investment Grade Total Return Index hedged in CAD. iSHARES US is traded on Toronto Stock Exchange in Canada.| Latest headline from news.google.com: Ishares US IG Corporate Bond Index ETF Quote - Press Release - The Globe and Mail | |
| The fund generated three year return of -4.0% | |
| iShares IG Corporate keeps about 96.21% of its net assets in bonds |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares IG Corporate. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the iShares IG Corporate information on this page should be used as a complementary analysis to other IShares IG's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.