Wisdomtree Floating Rate Etf Profile
| USFR Etf | USD 50.47 0.02 0.04% |
Performance21 of 100
| Odds Of DistressLess than 9
|
WisdomTree Floating is selling at 50.47 as of the 18th of April 2024; that is 0.04 percent increase since the beginning of the trading day. The etf's lowest day price was 50.47. WisdomTree Floating has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for WisdomTree Floating Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of October 2023 and ending today, the 18th of April 2024. Click here to learn more.
The fund invests at least 80 percent of its total assets in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Wisdomtree Floating is traded on NYSEARCA Exchange in the United States.. More on WisdomTree Floating Rate
Moving together with WisdomTree Etf
| 0.96 | BIL | SPDR Bloomberg 1 | PairCorr |
| 0.97 | SHV | iShares Short Treasury | PairCorr |
| 0.96 | JPST | JPMorgan Ultra Short | PairCorr |
| 0.95 | ICSH | iShares Ultra Short | PairCorr |
| 0.96 | FTSM | First Trust Enhanced | PairCorr |
| 0.96 | SGOV | iShares 0 3 | PairCorr |
WisdomTree 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. WisdomTree Floating's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WisdomTree Floating or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Treasury ETFs (View all Themes) |
| Business Concentration | Treasury ETFs, Ultrashort Bond, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2014-02-04 |
| Benchmark | Bloomberg U.S. Treasury Floating Rate Bond Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 17.37 Billion |
| Average Trading Valume | 4.14 Million |
| Asset Type | Fixed Income |
| Category | U.S. Government |
| Focus | Treasury |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Paul Benson, Stephanie Shu |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Jane Street |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 1.78 |
| Name | WisdomTree Floating Rate Treasury Fund |
| Currency Code | USD |
| Open Figi | BBG005YHYNF9 |
| In Threey Volatility | 0.69 |
| 1y Volatility | 0.17 |
| 200 Day M A | 50.3696 |
| 50 Day M A | 50.3626 |
| Code | USFR |
| Updated At | 17th of April 2024 |
| Currency Name | US Dollar |
WisdomTree Floating Rate [USFR] is traded in USA and was established 2014-02-04. The fund is listed under Ultrashort Bond category and is part of WisdomTree family. The entity is thematically classified as Treasury ETFs. WisdomTree Floating Rate at this time have 9.6 B in net assets. , while the total return for the last 3 years was 2.9%.
Check WisdomTree Floating Probability Of Bankruptcy
Top WisdomTree Floating Rate Etf Constituents
| United States Treasury Notes 0.1% | 28.23% |
| United States Treasury Notes 0.42% | 29.01% |
| United States Treasury Notes 0.41% | 30.53% |
| United States Treasury Notes 0.09% | 30.55% |
| United States Treasury Notes 0.07% | 10.69% |
| United States Treasury Notes 0.08% | 30.54% |
WisdomTree Floating Target Price Odds Analysis
In regard to a normal probability distribution, the odds of WisdomTree Floating jumping above the current price in 90 days from now is about 5.38%. The WisdomTree Floating Rate probability density function shows the probability of WisdomTree Floating etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days WisdomTree Floating Rate has a beta of -0.011. This usually implies as returns on the benchmark increase, returns on holding WisdomTree Floating are expected to decrease at a much lower rate. During a bear market, however, WisdomTree Floating Rate is likely to outperform the market. Additionally, wisdomTree Floating Rate has an alpha of 0.0132, implying that it can generate a 0.0132 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of WisdomTree Floating to move above the current price in 90 days from now is about 5.38 (This WisdomTree Floating Rate probability density function shows the probability of WisdomTree Etf to fall within a particular range of prices over 90 days) .
WisdomTree Floating Top Holders
| WTMF | WisdomTree Managed Futures | Etf | Systematic Trend |
| CYB | CYB | Etf | Single Currency |
| ACMDX | Absolute Capital Defender | Mutual Fund | Tactical Allocation |
| EARAX | Eaton Vance Richard | Mutual Fund | Tactical Allocation |
| GCC | WisdomTree Continuous Commodity | Etf | Commodities Broad Basket |
| USDU | WisdomTree Bloomberg Dollar | Etf | Trading--Miscellaneous |
| PUTW | WisdomTree CBOE SP | Etf | Derivative Income |
WisdomTree Floating Rate Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. WisdomTree Floating market risk premium is the additional return an investor will receive from holding WisdomTree Floating 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 WisdomTree Floating. 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 WisdomTree Floating's alpha and beta are two of the key measurements used to evaluate WisdomTree Floating's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1087 | |||
| Jensen Alpha | 0.0132 | |||
| Total Risk Alpha | 0.0069 | |||
| Treynor Ratio | (1.16) |
WisdomTree Floating Against Markets
Picking the right benchmark for WisdomTree Floating 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 WisdomTree Floating 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 WisdomTree Floating is critical whether you are bullish or bearish towards WisdomTree Floating Rate at a given time. Please also check how WisdomTree Floating'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 WisdomTree Floating 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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How to buy WisdomTree Etf?
Before investing in WisdomTree Floating, 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 WisdomTree Floating. To buy WisdomTree Floating etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of WisdomTree Floating. 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 WisdomTree Floating etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located WisdomTree Floating Rate 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 WisdomTree Floating Rate 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 WisdomTree Floating Rate, 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 WisdomTree Etf please use our How to Invest in WisdomTree Floating guide.
Already Invested in WisdomTree Floating Rate?
The danger of trading WisdomTree Floating Rate 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 WisdomTree Floating 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 WisdomTree Floating. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WisdomTree Floating Rate 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 WisdomTree Floating Rate is a strong investment it is important to analyze WisdomTree Floating'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 WisdomTree Floating's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in WisdomTree Floating Rate. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the WisdomTree Floating Rate information on this page should be used as a complementary analysis to other WisdomTree Floating'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of WisdomTree Floating Rate is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Floating's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Floating'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 WisdomTree Floating's market value can be influenced by many factors that don't directly affect WisdomTree Floating'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 WisdomTree Floating's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Floating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Floating'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.