The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Real Return Index. The fund is a "fund of funds" which means it invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with the rules-based methodology of such underlying index.
Inception Date: 27/10/2009
Primary Benchmark: IQ Real Return TR USD
Primary Index: Morningstar Mod Tgt Risk TR USD
Gross Expense Ratio: 0.49%
Management Expense Ratio: 0.49 %
|SHV||iShares Short Treasury Bond ETF||25.02 %|
|MINT||PIMCO Enhanced Short Maturity Active Exchange-Traded Fund||24.99 %|
|BIL||SPDR Bloomberg Barclays 1-3 Month T-Bill||21.88 %|
|IWM||iShares Russell 2000||7.99 %|
|GBIL||Goldman Sachs Access Treasury 0-1 Year||5.41 %|
|SPY||SPDR S&P 500||4.05 %|
|IVV||iShares Core S&P 500||2.45 %|
|VWO||Vanguard FTSE Emerging Markets||2.38 %|
|DBO||Invesco DB Oil Fund||2.28 %|
|EEM||iShares MSCI Emerging Index Fund||1.25 %|
|NHF||NexPoint Strategic Opportuniti..||0.00 %||
|OPP||RiverNorth/DoubleLine Strategi..||0.00 %||
|FT||Franklin Universal Trust||0.00 %||
|DNI||Dividend and Income Fund||0.00 %||
|SPE||Special Opportunities Fund Inc||0.00 %||
|RIV||RiverNorth Opportunities Fund ..||0.00 %||
|YYY||YieldShares High Income||0.50 %||
|WBIR||WBI BullBear Global Rotation||1.25 %||
|MATH||Meidell Tactical Advantage||1.35 %||
|GTAA||AdvisorShares Morgan Creek Glo..||1.25 %||
|Market Performance vs.
Industry/Classification (Tactical Allocation)
|Market Performance vs. Exchange (NYSE Arca)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||1.38%||100%||A+||98%||A+|
|Risk Adjusted Return||101.69%||100%||A+||85%||B|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.
The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.
The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.
The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.
The company had positive total cash flow in the most recent four quarters.
The company had positive total free cash flow in the most recent four quarters.
The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
The company has under performed its peers on annual average total returns in the past 5 years.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
The stock is trading high compared to its peers median on a price to book value basis.
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.