SPDR Portfolio Etf Profile

SPHY -  USA Etf  

USD 26.92  0.02  0.07%

SPDR Portfolio is trading at 26.92 as of the 16th of September 2021; that is -0.07 percent decrease since the beginning of the trading day. The etf's open price was 26.94. SPDR Portfolio has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for SPDR Portfolio High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of August 2021 and ending today, the 16th of September 2021. Click here to learn more.
 Market Performance
5 of 100
  Odds Of Distress
Less than 1

SPDR Portfolio Etf Profile

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of ICE BofA US High Yield Index. SPDR Portfolio is traded on NYSEArca Exchange in the United States. more on SPDR Portfolio
SPDR Portfolio High is unlikely to experience financial distress in the next 2 years
The fund maintains about 97.74% of its assets in bonds
Legal NameSPDR Portfolio High
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPDR Portfolio's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerSSgA
DescriptionSPDR Portfolio High Yield Bond ETF
Inception Date2012-06-18
BenchmarkICE BofAML US High Yield Index
Entity TypeRegulated Investment Company
Asset Under Management461.64 Million
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerBradley Sullivan, Michael Brunell, Kyle Kelly
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Jun
ExchangeNYSE Arca, Inc.
Number of Constituents2,073
Total Expense0.1
Management Fee0.1
Nav Price26.82
Two Hundred Day Average26.65
Ytd3.83%
Average Daily Volume In Three Month160.33k
Fifty Two Week Low25.0
As Of Date30th of June 2021
Average Daily Volume Last 10 Day125.54k
Fifty Two Week High26.93
One Month1.46%
Fifty Day Average26.76
Three Month2.62%
Beta In Three Year0.7
SPDR Portfolio High [SPHY] is traded in USA and was established 2012-06-18. The fund is listed under High Yield Bond category and is part of SPDR State Street Global Advisors family. SPDR Portfolio High at this time have 408.07 M in assets. , while the total return for the last 3 years was 7.83%.
Check SPDR Portfolio Probability Of Bankruptcy

Geographic Allocation (%)

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 Portfolio 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 Portfolio , and the less return is expected.

SPDR Portfolio Target Price Odds Analysis

What are SPDR Portfolio's target price odds to finish over the current price? Based on a normal probability distribution, the odds of SPDR Portfolio jumping above the current price in 90 days from now is about 10.23%. The SPDR Portfolio High probability density function shows the probability of SPDR Portfolio etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR Portfolio has a beta of 0.2653. This usually implies as returns on the market go up, SPDR Portfolio average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Portfolio High will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0592, implying that it can generate a 0.0592 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 26.92HorizonTargetOdds Up 26.92 
88.46%90 days
 26.92 
10.23%
Based on a normal probability distribution, the odds of SPDR Portfolio to move above the current price in 90 days from now is about 10.23 (This SPDR Portfolio High probability density function shows the probability of SPDR Portfolio Etf to fall within a particular range of prices over 90 days) .

SPDR Portfolio Top Holders

SPDR Portfolio Major Institutional Holders

Institutional Holdings refers to the ownership stake in SPDR Portfolio that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of SPDR Portfolio's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing SPDR Portfolio's value.
InstituionSecurity TypeTotal SharesValue
Lpl Financial LlcFund UnitsM27.1 M
View SPDR Portfolio Diagnostics

SPDR Portfolio High Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Portfolio market risk premium is the additional return an investor will receive from holding SPDR Portfolio 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 Portfolio. 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 Portfolio's alpha and beta are two of the key measurements used to evaluate SPDR Portfolio's performance over the market, the standard measures of volatility play an important role as well.

SPDR Portfolio High Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. SPDR Portfolio High Square Root Of Price Series is a mathematical transformation function. View also all equity analysis or get more info about square root of price series math transform indicator.

SPDR Portfolio Against Markets

Picking the right benchmark for SPDR Portfolio 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 Portfolio 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 Portfolio is critical whether you are bullish or bearish towards SPDR Portfolio High at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SPDR Portfolio without increasing your portfolio risk or giving up 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.

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Additionally, take a look at World Market Map. Note that the SPDR Portfolio High information on this page should be used as a complementary analysis to other SPDR Portfolio'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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The market value of SPDR Portfolio High is measured differently than its book value, which is the value of SPDR Portfolio that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio'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 Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio High underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine SPDR Portfolio value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio'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.