Bondbloxx Etf Trust Etf Profile
| XTRE Etf | USD 48.30 0.01 0.02% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Bondbloxx ETF is trading at 48.30 as of the 25th of April 2024, a -0.02 percent down since the beginning of the trading day. The etf's lowest day price was 48.3. Bondbloxx ETF 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 Bondbloxx ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its net assets in a portfolio of U.S. Boxx Three is traded on NYSEARCA Exchange in the United States. More on Bondbloxx ETF Trust
Moving together with Bondbloxx Etf
| 0.83 | SHY | iShares 1 3 Sell-off Trend | PairCorr |
| 0.76 | SPTS | SPDR Barclays Short Sell-off Trend | PairCorr |
| 0.88 | AGZ | iShares Agency Bond | PairCorr |
| 0.84 | UTWO | Rbb Fund | PairCorr |
| 0.8 | XTWO | Bondbloxx ETF Trust | PairCorr |
Moving against Bondbloxx Etf
| 0.56 | RSPY | Tuttle Capital Management | PairCorr |
| 0.5 | DSJA | DSJA | PairCorr |
Bondbloxx 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. Bondbloxx ETF's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bondbloxx ETF or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Short Government, BondBloxx Investment Management (View all Sectors) |
| 200 Day M A | 48.7272 |
| Country Name | USA |
| 50 Day M A | 48.693 |
| Code | XTRE |
| Updated At | 24th of April 2024 |
| Name | Bondbloxx ETF Trust - BondBloxx Bloomberg Three Year Target Duration US Treasury ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Type | ETF |
Bondbloxx ETF Trust [XTRE] is traded in USA and was established 2022-09-13. The fund is listed under Short Government category and is part of BondBloxx Investment Management family. Bondbloxx ETF Trust at this time have 20.19 M in net assets.
Check Bondbloxx ETF Probability Of Bankruptcy
Top Bondbloxx ETF Trust Etf Constituents
| United States Treasury Notes 0.75% | 9.020001% |
| United States Treasury Notes 0.25% | 5.44% |
| United States Treasury Notes 2.25% | 5.7600003% |
| United States Treasury Notes 0.38% | 7.21% |
| United States Treasury Notes 3% | 5.91% |
Bondbloxx ETF Target Price Odds Analysis
What are Bondbloxx ETF's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Bondbloxx ETF jumping above the current price in 90 days from now is more than 93.0%. The Bondbloxx ETF Trust probability density function shows the probability of Bondbloxx ETF etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Bondbloxx ETF has a beta of 0.1232. This entails as returns on the market go up, Bondbloxx ETF average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bondbloxx ETF Trust will be expected to be much smaller as well. Additionally, bondbloxx ETF Trust 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 Bondbloxx ETF to move above the current price in 90 days from now is more than 93.0 (This Bondbloxx ETF Trust probability density function shows the probability of Bondbloxx Etf to fall within a particular range of prices over 90 days) .
Bondbloxx ETF Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Bondbloxx ETF market risk premium is the additional return an investor will receive from holding Bondbloxx ETF 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 Bondbloxx ETF. 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 Bondbloxx ETF's alpha and beta are two of the key measurements used to evaluate Bondbloxx ETF's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.18) |
Bondbloxx ETF Against Markets
Picking the right benchmark for Bondbloxx ETF 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 Bondbloxx ETF 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 Bondbloxx ETF is critical whether you are bullish or bearish towards Bondbloxx ETF Trust at a given time. Please also check how Bondbloxx ETF'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 Bondbloxx ETF 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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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
How to buy Bondbloxx Etf?
Before investing in Bondbloxx ETF, 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 Bondbloxx ETF. To buy Bondbloxx ETF etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bondbloxx ETF. 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 Bondbloxx ETF etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Bondbloxx ETF Trust 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 Bondbloxx ETF Trust 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 Bondbloxx ETF Trust, 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 Bondbloxx Etf please use our How to Invest in Bondbloxx ETF guide.
Already Invested in Bondbloxx ETF Trust?
The danger of trading Bondbloxx ETF Trust 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 Bondbloxx ETF 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 Bondbloxx ETF. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bondbloxx ETF Trust 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 Bondbloxx ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bondbloxx ETF'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 Bondbloxx Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Bondbloxx Etf Trust Etf: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Bondbloxx ETF Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Bondbloxx ETF Trust is measured differently than its book value, which is the value of Bondbloxx that is recorded on the company's balance sheet. Investors also form their own opinion of Bondbloxx ETF's value that differs from its market value or its book value, called intrinsic value, which is Bondbloxx ETF'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 Bondbloxx ETF's market value can be influenced by many factors that don't directly affect Bondbloxx ETF'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 Bondbloxx ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bondbloxx ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bondbloxx ETF'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.