IIGV:NYE-Invesco Investment Grade Value ETF (USD)

ETF | Corporate Bond | NYE

Last Closing Price

USD 28.29

Change

+0.11 (+0.38)%

Market Cap

USD 0.03B

Volume

0.07M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

The investment seeks to track the investment results (before fees and expenses) of the Invesco Investment Grade Value Index (the underlying index). The fund generally will invest at least 80% of its total assets in securities that comprise the underlying index. The underlying index is designed to provide exposure to higher value, U.S. investment grade bonds. In addition, the underlying index seeks to incorporate securities with the highest quality scores (within the eligible universe of U.S. investment grade bonds) as determined by the index provider. The fund is non-diversified.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-07-15 )

Largest Industry Peers for Corporate Bond

Symbol Name Mer Price(Change) Market Cap
LQD iShares iBoxx $ Investment Gra.. 0.15 %

+0.27 (+0.20%)

USD54.02B
SPIB SPDR Portfolio Intermediate Te.. 0.07 %

+0.03 (+0.08%)

USD6.28B
QLTA iShares Aaa - A Rated Corporat.. 0.15 %

+0.09 (+0.15%)

USD1.32B
FLCO Franklin Liberty Investment Gr.. 0.35 %

+0.03 (+0.11%)

USD0.90B
CORP PIMCO Investment Grade Corpora.. 0.20 %

-0.08 (-0.07%)

USD0.66B
GIGB Goldman Sachs Access Investmen.. 0.14 %

+0.17 (+0.30%)

USD0.52B
LQDH iShares Interest Rate Hedged C.. 0.24 %

+0.38 (+0.42%)

USD0.23B
FCOR Fidelity Corporate Bond ETF 0.36 %

+0.05 (+0.08%)

USD0.17B
IBD Inspire Corporate Bond Impact .. 0.50 %

+0.06 (+0.24%)

USD0.13B
KORP American Century Diversified C.. 0.29 %

-0.01 (-0.02%)

USD0.11B

ETFs Containing IIGV

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Corporate Bond)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 4.24% 44% F 83% B
Dividend Return 0.44% 31% F 18% F
Total Return 4.68% 44% F 83% B
Trailing 12 Months  
Capital Gain 6.43% 44% F 80% B-
Dividend Return 0.45% 13% F 8% F
Total Return 6.89% 44% F 78% C+
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 2.93% 68% D+ 50% F
Dividend Return 0.54% 35% F 13% F
Total Return 3.47% 61% D- 34% F
Risk Return Profile  
Volatility (Standard Deviation) 4.83% 77% C+ 92% A-
Risk Adjusted Return 71.96% 79% C+ 63% D
Market Capitalization 0.03B 13% F 13% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

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.

What to like:
Superior risk adjusted returns

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.

Low volatility

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.

What to not like:
Low market capitalization

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.