Xtrackers Municipal Infrastructure Etf Profile
| RVNU Etf | USD 25.20 0.03 0.12% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Xtrackers Municipal is selling for under 25.20 as of the 17th of April 2024; that is 0.12 percent up since the beginning of the trading day. The etf's last reported lowest price was 25.1. Xtrackers Municipal 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 Xtrackers Municipal Infrastructure 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 will invest at least 80 percent of its total assets in instruments that comprise the underlying index. Xt Municipal is traded on NYSEARCA Exchange in the United States. More on Xtrackers Municipal Infrastructure
Moving together with Xtrackers Etf
| 0.78 | TFI | SPDR Nuveen Bloomberg | PairCorr |
| 0.83 | PZA | Invesco National AMT | PairCorr |
| 0.89 | MMIN | IQ MacKay Municipal | PairCorr |
| 0.86 | MLN | VanEck Long Muni | PairCorr |
| 0.92 | FLMB | Franklin Liberty Federal | PairCorr |
| 0.87 | SMI | VanEck Vectors ETF | PairCorr |
Xtrackers 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. Xtrackers Municipal's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Xtrackers Municipal 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 | Municipals ETFs, Broad Municipals ETFs, Muni National Long, Xtrackers (View all Sectors) |
| Issuer | DWS |
| Inception Date | 2013-06-04 |
| Benchmark | Solactive Municipal Infrastructure Revenue Bond Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 123.07 Million |
| Average Trading Valume | 19,150.5 |
| Asset Type | Fixed Income |
| Category | Municipals |
| Focus | Broad Municipals |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | DBX Advisors LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Bryan Richards, Brandon Matsui, Tanuj Dora, Alexander Bridgeforth |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 330 |
| Market Maker | Virtu Financial |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | (1.21) |
| Name | Xtrackers Municipal Infrastructure Revenue Bond ETF |
| Currency Code | USD |
| Open Figi | BBG004LV7FR9 |
| In Threey Volatility | 11.53 |
| 1y Volatility | 12.21 |
| 200 Day M A | 24.8113 |
| 50 Day M A | 25.5816 |
| Code | RVNU |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
Xtrackers Municipal Infrastructure [RVNU] is traded in USA and was established 2013-06-04. The fund is listed under Muni National Long category and is part of Xtrackers family. The entity is thematically classified as Municipals ETFs. Xtrackers Municipal at this time have 134.66 M in assets. , while the total return for the last 3 years was -2.3%.
Check Xtrackers Municipal Probability Of Bankruptcy
Top Xtrackers Municipal Infrastructure Etf Constituents
| NORTH TEX TWY AUTH REV 5% | 1.21% |
| MARYLAND ST TRANSN AUTH TRANSN FACS PRJS REV 4% | 1.09% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | 1.0199999% |
| TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5% | 1.54% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 4% | 1.84% |
| PENNSYLVANIA ST TPK COMMN TPK REV 5% | 1.6900001% |
| LOS ANGELES CALIF DEPT ARPTS REV 4% | 1.04% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 4% | 1.1% |
| METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 4% | 1.14% |
| NEW YORK ST PWR AUTH REV 3.25% | 1.04% |
Xtrackers Municipal Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of Xtrackers Municipal jumping above the current price in 90 days from now is about 89.44%. The Xtrackers Municipal Infrastructure probability density function shows the probability of Xtrackers Municipal etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Xtrackers Municipal has a beta of 0.1195 indicating as returns on the market go up, Xtrackers Municipal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Xtrackers Municipal Infrastructure will be expected to be much smaller as well. Additionally, xtrackers Municipal Infrastructure 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 Xtrackers Municipal to move above the current price in 90 days from now is about 89.44 (This Xtrackers Municipal Infrastructure probability density function shows the probability of Xtrackers Etf to fall within a particular range of prices over 90 days) .
Xtrackers Municipal Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Xtrackers Municipal market risk premium is the additional return an investor will receive from holding Xtrackers Municipal 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 Xtrackers Municipal. 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 Xtrackers Municipal's alpha and beta are two of the key measurements used to evaluate Xtrackers Municipal's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.21) |
Xtrackers Municipal Against Markets
Picking the right benchmark for Xtrackers Municipal 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 Xtrackers Municipal 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 Xtrackers Municipal is critical whether you are bullish or bearish towards Xtrackers Municipal Infrastructure at a given time. Please also check how Xtrackers Municipal'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 Xtrackers Municipal 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?
Run Stock Screener Now
Stock ScreenerFind equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
| All Next | Launch Module |
How to buy Xtrackers Etf?
Before investing in Xtrackers Municipal, 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 Xtrackers Municipal. To buy Xtrackers Municipal etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Xtrackers Municipal. 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 Xtrackers Municipal etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Xtrackers Municipal Infrastructure 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 Xtrackers Municipal Infrastructure 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 Xtrackers Municipal Infrastructure, 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 Xtrackers Etf please use our How to Invest in Xtrackers Municipal guide.
Already Invested in Xtrackers Municipal Infrastructure?
The danger of trading Xtrackers Municipal Infrastructure 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 Xtrackers Municipal 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 Xtrackers Municipal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Xtrackers Municipal 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 Xtrackers Municipal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Xtrackers Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Xtrackers Municipal Infrastructure Etf. Highlighted below are key reports to facilitate an investment decision about Xtrackers Municipal Infrastructure Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Xtrackers Municipal Infrastructure. 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. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Xtrackers Municipal is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers Municipal's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Municipal'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 Xtrackers Municipal's market value can be influenced by many factors that don't directly affect Xtrackers Municipal'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 Xtrackers Municipal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Municipal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Municipal'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.