RAVI:NYE-FlexShares Ready Access Variable Income Fund (USD)

ETF | Ultrashort Bond | NYE

Last Closing Price

USD 76.30

Change

+0.04 (+0.05)%

Market Cap

USD 0.47B

Volume

0.03M

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

The investment seeks maximum current income consistent with the preservation of capital and liquidity. The fund seeks to achieve its investment objective by investing at least 80% of its total assets in a non-diversified portfolio of fixed-income instruments, including bonds, debt securities and other similar instruments issued by U.S. and non-U.S. public and private sector entities. The dollar-weighted average portfolio maturity of the fund is normally not expected to exceed two years. It may invest up to 20% of its total assets in fixed-income securities and instruments of issuers in emerging markets. The fund is non-diversified.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-24 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Mer Price(Change) Market Cap
BIL SPDR Bloomberg Barclays 1-3 Mo.. 0.14 %

N/A

USD13.86B
GSY Invesco Ultra Short Duration E.. 0.23 %

-0.01 (-0.02%)

USD3.01B
GBIL Goldman Sachs Access Treasury .. 0.12 %

N/A

USD2.96B
VNLA Janus Henderson Short Duration.. 0.26 %

-0.02 (-0.04%)

USD2.68B
FLRN SPDR Bloomberg Barclays Invest.. 0.15 %

+0.01 (+0.03%)

USD2.58B
PULS PGIM Ultra Short Bond ETF 0.15 %

N/A

USD1.09B
CLTL Invesco Treasury Collateral ET.. 0.08 %

-0.01 (-0.01%)

USD0.92B
FLTR VanEck Vectors Investment Grad.. 0.14 %

+0.02 (+0.08%)

USD0.44B
ULST SPDR SSgA Ultra Short Term Bon.. 0.20 %

+0.02 (+0.05%)

USD0.30B
AWTM Aware Ultra-Short Duration Enh.. 0.23 %

+0.03 (+0.06%)

USD0.24B

ETFs Containing RAVI

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Ultrashort Bond)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.78% 93% A 55% F
Dividend Return 0.65% 50% F 14% F
Total Return 1.43% 93% A 50% F
Trailing 12 Months  
Capital Gain 0.59% 93% A 51% F
Dividend Return 1.01% 77% C+ 21% F
Total Return 1.60% 93% A 45% F
Trailing 5 Years  
Capital Gain 1.33% 100% A+ 39% F
Dividend Return 7.04% 50% F 20% F
Total Return 8.36% 71% C- 30% F
Average Annual (5 Year Horizon)  
Capital Gain 0.14% N/A N/A 45% F
Dividend Return 1.53% N/A N/A 44% F
Total Return 1.67% N/A N/A 40% F
Risk Return Profile  
Volatility (Standard Deviation) 0.70% N/A N/A 99% A+
Risk Adjusted Return 238.32% N/A N/A 100% A+
Market Capitalization 0.47B 50% F 43% 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:

There is nothing we particularly like

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.