Nuveen Enhanced Yield Etf Profile
| NUSA Etf | USD 22.69 0.04 0.18% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Nuveen Enhanced is trading at 22.69 as of the 24th of April 2024, a 0.18 percent increase since the beginning of the trading day. The etf's open price was 22.65. Nuveen Enhanced 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 Nuveen Enhanced Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in component securities of the index. 1-5 Year is traded on NYSEARCA Exchange in the United States. More on Nuveen Enhanced Yield
Moving together with Nuveen Etf
| 0.98 | BSV | Vanguard Short Term Sell-off Trend | PairCorr |
| 0.78 | IGSB | iShares 1 5 Sell-off Trend | PairCorr |
| 0.93 | ISTB | iShares Core 1 | PairCorr |
| 0.62 | SLQD | iShares 0 5 | PairCorr |
| 0.97 | GVI | iShares Intermediate | PairCorr |
Nuveen 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. Nuveen Enhanced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nuveen Enhanced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Stock Exchange Of, SET Total Return, Short-Term Bond, Nuveen (View all Sectors) |
| Country Name | USA |
| Returns Y T D | (0.7) |
| Name | Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF |
| Currency Code | USD |
| In Threey Volatility | 3.36 |
| 1y Volatility | 2.76 |
| 200 Day M A | 22.7835 |
| 50 Day M A | 22.8119 |
| Code | NUSA |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (1.04) |
| Type | ETF |
Nuveen Enhanced Yield [NUSA] is traded in USA and was established 2017-03-31. The fund is listed under Short-Term Bond category and is part of Nuveen family. Nuveen Enhanced Yield now have 33.91 M in assets. , while the total return for the last 3 years was -0.8%.
Check Nuveen Enhanced 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 Nuveen Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nuveen 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 Nuveen Enhanced Yield 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 Nuveen Enhanced Yield Etf Constituents
| Federal National Mortgage Association 2.5% | 4.84% |
| United States Treasury Notes 0.13% | 1.49% |
| Federal National Mortgage Association 2% | 1.48% |
| United States Treasury Notes 1.38% | 4.29% |
| United States Treasury Notes 0.75% | 1.73% |
| United States Treasury Notes 0.25% | 1.5800001% |
| Federal Home Loan Mortgage Corporation 3.21% | 1.88% |
| Federal National Mortgage Association 1.5% | 1.83% |
Nuveen Enhanced Target Price Odds Analysis
What are Nuveen Enhanced's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Nuveen Enhanced jumping above the current price in 90 days from now is about 87.65%. The Nuveen Enhanced Yield probability density function shows the probability of Nuveen Enhanced etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Nuveen Enhanced has a beta of 0.1242. This indicates as returns on the market go up, Nuveen Enhanced average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nuveen Enhanced Yield will be expected to be much smaller as well. Additionally, nuveen Enhanced Yield 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 Nuveen Enhanced to move above the current price in 90 days from now is about 87.65 (This Nuveen Enhanced Yield probability density function shows the probability of Nuveen Etf to fall within a particular range of prices over 90 days) .
Nuveen Enhanced Yield Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nuveen Enhanced market risk premium is the additional return an investor will receive from holding Nuveen Enhanced 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 Nuveen Enhanced. 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 Nuveen Enhanced's alpha and beta are two of the key measurements used to evaluate Nuveen Enhanced's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.12) |
Nuveen Enhanced Against Markets
Picking the right benchmark for Nuveen Enhanced 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 Nuveen Enhanced 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 Nuveen Enhanced is critical whether you are bullish or bearish towards Nuveen Enhanced Yield at a given time. Please also check how Nuveen Enhanced'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 Nuveen Enhanced 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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Portfolio HoldingsCheck your current holdings and cash postion to detemine if your portfolio needs rebalancing |
| All Next | Launch Module |
How to buy Nuveen Etf?
Before investing in Nuveen Enhanced, 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 Nuveen Enhanced. To buy Nuveen Enhanced etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nuveen Enhanced. 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 Nuveen Enhanced etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nuveen Enhanced Yield 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 Nuveen Enhanced Yield 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 Nuveen Enhanced Yield, 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 Nuveen Etf please use our How to Invest in Nuveen Enhanced guide.
Already Invested in Nuveen Enhanced Yield?
The danger of trading Nuveen Enhanced Yield 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 Nuveen Enhanced 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 Nuveen Enhanced. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nuveen Enhanced Yield 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 Nuveen Enhanced Yield offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuveen Enhanced'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 Nuveen Enhanced Yield Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Nuveen Enhanced Yield Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuveen Enhanced Yield. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Nuveen Enhanced Yield is measured differently than its book value, which is the value of Nuveen that is recorded on the company's balance sheet. Investors also form their own opinion of Nuveen Enhanced's value that differs from its market value or its book value, called intrinsic value, which is Nuveen Enhanced'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 Nuveen Enhanced's market value can be influenced by many factors that don't directly affect Nuveen Enhanced'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 Nuveen Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuveen Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuveen Enhanced'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.