The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the S&P U.S. Spin-Off Index. The fund will invest at least 90% of its total assets in securities that comprise the index. The index is designed to measure the performance of U.S. companies that have been spun off from larger corporations within the past four years. It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.
Inception Date: 01/03/2011
Primary Benchmark: N/A
Primary Index: S&P 500 TR USD
Gross Expense Ratio: 0.71%
Management Expense Ratio: 0.61 %
|SYF||Synchrony Financial||8.11 %|
|HPE||Hewlett Packard Enterprise Company||7.78 %|
|FTV||Fortive Corporation||7.60 %|
|PYPL||PayPal Holdings Inc.||6.96 %|
|LW||Lamb Weston Holdings Inc.||5.93 %|
|CC||Chemours Company (The)||3.42 %|
|PK||Park Hotels & Resorts Inc.||3.39 %|
|AA||Alcoa Corporation||3.10 %|
|WH||Wyndham Hotels & Resorts Inc.||2.72 %|
|MSG||The Madison Square Garden Company Class A (New)||2.69 %|
|Market Performance vs.
Industry/Classification (High Yield Fixed Income)
|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)||14.97%||100%||A+||49%||F|
|Risk Adjusted Return||40.97%||100%||A+||52%||F|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|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 is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
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 has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.
The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.
There is nothing we particularly dislike