Bondbloxx Etf Trust Etf Performance
| XTRE Etf | USD 48.23 0.08 0.17% |
The etf shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bondbloxx ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bondbloxx ETF is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Bondbloxx ETF Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Bondbloxx ETF is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Investment Analysis and Advice - Stock Traders Daily | 02/14/2024 |
2 | Proactive Strategies - Stock Traders Daily.com | 03/06/2024 |
Bondbloxx |
Bondbloxx ETF Relative Risk vs. Return Landscape
If you would invest 4,876 in Bondbloxx ETF Trust on January 20, 2024 and sell it today you would lose (53.00) from holding Bondbloxx ETF Trust or give up 1.09% of portfolio value over 90 days. Bondbloxx ETF Trust is currently does not generate positive expected returns and assumes 0.2107% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than Bondbloxx, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Bondbloxx ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bondbloxx ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Bondbloxx ETF Trust, and traders can use it to determine the average amount a Bondbloxx ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0813
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XTRE |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bondbloxx ETF is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bondbloxx ETF by adding Bondbloxx ETF to a well-diversified portfolio.
Bondbloxx ETF Fundamentals Growth
Bondbloxx Etf prices reflect investors' perceptions of the future prospects and financial health of Bondbloxx ETF, and Bondbloxx ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bondbloxx Etf performance.
| Total Asset | 20.19 M | |||
About Bondbloxx ETF Performance
To evaluate Bondbloxx ETF Trust Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Bondbloxx ETF generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Bondbloxx Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Bondbloxx ETF Trust market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Bondbloxx's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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.| Bondbloxx ETF Trust generated a negative expected return over the last 90 days | |
| The fund keeps all of the net assets in exotic instruments |
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.