Flexshares Credit Scored Us Etf Profile

SKOR Etf  USD 47.78  0.03  0.06%   

Performance

2 of 100

 
Low
 
High
Weak

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
FlexShares Credit is selling at 47.78 as of the 28th of March 2024; that is -0.06% down since the beginning of the trading day. The etf's lowest day price was 47.72. FlexShares Credit has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for FlexShares Credit Scored US are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
The underlying index reflects the performance of a broad universe of intermediate maturity, US-dollar denominated investment grade corporate bonds that can potentially deliver a higher total return than the overall investment grade corporate bond market, as represented by the Northern Trust US Investment Grade Corporate Bond Index SM. More on FlexShares Credit Scored US

Moving together with FlexShares Etf

  0.66LQD IShares IBoxx Investment Sell-off TrendPairCorr
  0.89IGIB IShares 5-10 Year Sell-off TrendPairCorr
  0.99SPIB SPDR Barclays Interm Sell-off TrendPairCorr
  0.78SUSC IShares ESG USDPairCorr

FlexShares Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FlexShares Credit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FlexShares Credit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationInvestment Grade ETFs, Corporate ETFs, Corporate Bond, Flexshares Trust (View all Sectors)
IssuerNorthern Trust
Inception Date2014-11-12
BenchmarkNorthern Trust US Corporate Bond Quality Value Index
Entity TypeRegulated Investment Company
Asset Under Management335.59 Million
Average Trading Valume18,842.7
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Chase Bank, N.A.
AdvisorNorthern Trust Investments, Inc.
CustodianJPMorgan Chase Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerBradley Camden, Mike T. Doyle, Brandon P. Ferguson
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End30-Sep
ExchangeNASDAQ
Number of Constituents1,488
Market MakerJane Street
Total Expense0.23
Management Fee0.22
Country NameUSA
Returns Y T D0.18
NameFlexShares Credit-Scored US Corporate Bond Index Fund
Currency CodeUSD
Open FigiBBG007J2RFB4
In Threey Volatility5.95
1y Volatility5.52
200 Day M A46.8637
50 Day M A47.6367
CodeSKOR
Updated At27th of March 2024
Currency NameUS Dollar
FlexShares Credit Scored US [SKOR] is traded in USA and was established 2014-11-12. The fund is listed under Corporate Bond category and is part of Flexshares Trust family. The entity is thematically classified as Investment Grade ETFs. FlexShares Credit-Sc at this time have 242.16 M in assets. , while the total return for the last 3 years was -0.6%.
Check FlexShares Credit Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on FlexShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FlexShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as FlexShares Credit Scored US Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top FlexShares Credit Scored US Etf Constituents

LHLaboratoryStockHealth Care
VNTVontier CorpStockInformation Technology
PEPPepsiCoStockConsumer Staples
AONAon PLCStockFinancials
SYFSynchrony FinancialStockFinancials
MUFGMitsubishi UFJ FinancialStockFinancials
TCNTricon Capital GroupStockReal Estate
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FlexShares Credit Target Price Odds Analysis

In regard to a normal probability distribution, the odds of FlexShares Credit jumping above the current price in 90 days from now is under 4%. The FlexShares Credit Scored US probability density function shows the probability of FlexShares Credit etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days FlexShares Credit has a beta of 0.2241. This usually implies as returns on the market go up, FlexShares Credit average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FlexShares Credit Scored US will be expected to be much smaller as well. Additionally, flexShares Credit Scored US has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 47.78HorizonTargetOdds Above 47.78
96.03%90 days
 47.78 
3.41%
Based on a normal probability distribution, the odds of FlexShares Credit to move above the current price in 90 days from now is under 4 (This FlexShares Credit Scored US probability density function shows the probability of FlexShares Etf to fall within a particular range of prices over 90 days) .

FlexShares Credit Top Holders

BBALXNorthern Global TacticalMutual FundWorld Allocation
BNDCFlexShares Core SelectEtfIntermediate Core Bond
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FlexShares Credit-Sc Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. FlexShares Credit market risk premium is the additional return an investor will receive from holding FlexShares Credit long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FlexShares Credit. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although FlexShares Credit's alpha and beta are two of the key measurements used to evaluate FlexShares Credit's performance over the market, the standard measures of volatility play an important role as well.

FlexShares Credit Against Markets

Picking the right benchmark for FlexShares Credit etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FlexShares Credit etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FlexShares Credit is critical whether you are bullish or bearish towards FlexShares Credit Scored US at a given time. Please also check how FlexShares Credit's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in FlexShares Credit without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy FlexShares Etf?

Before investing in FlexShares Credit, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in FlexShares Credit. To buy FlexShares Credit etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of FlexShares Credit. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase FlexShares Credit etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located FlexShares Credit Scored US etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased FlexShares Credit Scored US etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as FlexShares Credit Scored US, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy FlexShares Etf please use our How to Invest in FlexShares Credit guide.

Already Invested in FlexShares Credit Scored US?

The danger of trading FlexShares Credit Scored US is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FlexShares Credit is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FlexShares Credit. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FlexShares Credit-Sc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether FlexShares Credit-Sc is a strong investment it is important to analyze FlexShares Credit's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FlexShares Credit's future performance. For an informed investment choice regarding FlexShares Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in FlexShares Credit Scored US. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running FlexShares Credit's price analysis, check to measure FlexShares Credit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FlexShares Credit is operating at the current time. Most of FlexShares Credit's value examination focuses on studying past and present price action to predict the probability of FlexShares Credit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FlexShares Credit's price. Additionally, you may evaluate how the addition of FlexShares Credit to your portfolios can decrease your overall portfolio volatility.
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The market value of FlexShares Credit-Sc is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Credit's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Credit'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 FlexShares Credit's market value can be influenced by many factors that don't directly affect FlexShares Credit'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 FlexShares Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Credit'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.