Spdr Bloomberg International Etf Profile
| BWX Etf | USD 21.62 0.10 0.46% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR Bloomberg is trading at 21.62 as of the 17th of April 2024; that is 0.46 percent increase since the beginning of the trading day. The etf's open price was 21.52. SPDR Bloomberg 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 Bloomberg International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of March 2024 and ending today, the 17th of April 2024. Click here to learn more.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. More on SPDR Bloomberg International
Moving together with SPDR Etf
| 0.99 | IGOV | iShares International | PairCorr |
| 0.71 | WIP | SPDR FTSE International | PairCorr |
| 0.85 | BWZ | SPDR Bloomberg Short | PairCorr |
| 0.81 | PICB | Invesco International | PairCorr |
| 0.72 | GRNB | VanEck Green Bond | PairCorr |
Moving against SPDR Etf
| 0.43 | FNGU | MicroSectors FANG Index | PairCorr |
| 0.42 | FNGO | MicroSectors FANG Index | 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 Bloomberg's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Bloomberg or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Frank Nesvet |
| Thematic Ideas | (View all Themes) |
| Old Names | [Besiktas Futbol Yatirimlari Sanayi Ve Ticaret AS, Spdr Bbg Barc Intl Treasury] |
| Business Concentration | Australia All Ordinaries, Sovereign ETFs, Broad Sovereign ETFs, Global Bond, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2007-10-02 |
| Benchmark | Barclays Capital Global Treasury Ex-US Capped Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 870.76 Million |
| Average Trading Valume | 241,888.4 |
| Asset Type | Fixed Income |
| Category | Sovereign |
| Focus | Broad Sovereign |
| Market Concentration | Developed Markets |
| Region | Global ex-U.S. |
| 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 | Joanna Madden, James Kramer, Orhan Imer |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Nov |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 1,211 |
| Market Maker | Susquehanna |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | (5.62) |
| Name | SPDR Bloomberg International Treasury Bond ETF |
| Currency Code | USD |
| Open Figi | BBG000TH5D97 |
| In Threey Volatility | 11.18 |
| 1y Volatility | 10.54 |
| 200 Day M A | 22.1141 |
| 50 Day M A | 22.2074 |
| Code | BWX |
| Updated At | 16th of April 2024 |
| Currency Name | US Dollar |
SPDR Bloomberg International [BWX] is traded in USA and was established 2007-10-02. The fund is classified under Global Bond category within SPDR State Street Global Advisors family. The entity is thematically classified as Sovereign ETFs. SPDR Bloomberg Inter currently have 794.65 M in assets under management (AUM). , while the total return for the last 3 years was -8.4%.
Check SPDR Bloomberg Probability Of Bankruptcy
Geographic Allocation (%)
SPDR Bloomberg Inter Currency Exposure
SPDR Bloomberg International holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR Bloomberg will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR Bloomberg International.
Top SPDR Bloomberg International Etf Constituents
| The Republic of Korea 2% | 0.67000003% |
| China(Peoples Rep) 4.08% | 1.09% |
| China(Peoples Rep) 3.29% | 1.39% |
| Indonesia (Republic of) 7.5% | 0.56% |
| Japan (Government Of) 0.1% | 0.47% |
| China(Peoples Rep) 3.25% | 1.4099999% |
| Indonesia (Republic of) 6.12% | 0.46% |
| The Republic of Korea 5.5% | 0.46% |
SPDR Bloomberg Target Price Odds Analysis
Based on a normal probability distribution, the odds of SPDR Bloomberg jumping above the current price in 90 days from now is close to 99%. The SPDR Bloomberg International probability density function shows the probability of SPDR Bloomberg etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon SPDR Bloomberg has a beta of 0.4809 suggesting as returns on the market go up, SPDR Bloomberg average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Bloomberg International will be expected to be much smaller as well. Additionally, sPDR Bloomberg International 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 Bloomberg to move above the current price in 90 days from now is close to 99 (This SPDR Bloomberg International probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR Bloomberg Top Holders
| QAI | IQ Hedge Multi Strategy | Etf | Multistrategy |
| LCR | Leuthold Core ETF | Etf | Tactical Allocation |
| GAL | SPDR SSgA Global | Etf | Global Allocation |
| ICCNX | Dynamic International Opportunity | Mutual Fund | Foreign Large Blend |
| ICCIX | Dynamic International Opportunity | Mutual Fund | Foreign Large Blend |
| RQIAX | Resq Strategic Income | Mutual Fund | Allocation--15% to 30% Equity |
| IPSHX | Pinnacle Sherman Multi Strategy | Mutual Fund | Tactical Allocation |
SPDR Bloomberg Inter Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Bloomberg market risk premium is the additional return an investor will receive from holding SPDR Bloomberg 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 Bloomberg. 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 Bloomberg's alpha and beta are two of the key measurements used to evaluate SPDR Bloomberg's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.18) |
SPDR Bloomberg Against Markets
Picking the right benchmark for SPDR Bloomberg 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 Bloomberg 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 Bloomberg is critical whether you are bullish or bearish towards SPDR Bloomberg International at a given time. Please also check how SPDR Bloomberg'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 Bloomberg 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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| All Next | Launch Module |
How to buy SPDR Etf?
Before investing in SPDR Bloomberg, 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 Bloomberg. To buy SPDR Bloomberg etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR Bloomberg. 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 Bloomberg etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR Bloomberg International 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 Bloomberg International 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 Bloomberg International, 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 Bloomberg guide.
Already Invested in SPDR Bloomberg International?
The danger of trading SPDR Bloomberg International 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 Bloomberg 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 Bloomberg. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Bloomberg Inter 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 Bloomberg Inter is a strong investment it is important to analyze SPDR Bloomberg'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 Bloomberg's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SPDR Bloomberg International. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
The market value of SPDR Bloomberg Inter 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 Bloomberg's value that differs from its market value or its book value, called intrinsic value, which is SPDR Bloomberg'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 Bloomberg's market value can be influenced by many factors that don't directly affect SPDR Bloomberg'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 Bloomberg's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Bloomberg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Bloomberg'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.