Aam Sp Developed Etf Profile

DMDV Etf  USD 22.71  0.20  0.89%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
AAM SP is selling for under 22.71 as of the 28th of March 2024; that is 0.89% increase since the beginning of the trading day. The etf's lowest day price was 22.71. AAM SP has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for AAM SP Developed 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 index is designed to provide exposure to the constituents of the SP Developed BMI Ex-U.S. Korea LargeMidCap Index that exhibit both high dividend yield and sustainable dividend distribution characteristics, while maintaining diversified sector exposure. More on AAM SP Developed

Moving together with AAM Etf

  0.81EFV IShares MSCI EAFEPairCorr
  0.67FNDF Schwab FundamentalPairCorr
  0.62VYMI Vanguard InternationalPairCorr
  0.69IDV IShares InternationalPairCorr
  0.71DFIV Dimensional InternationalPairCorr
  0.63IVLU IShares Edge MSCIPairCorr
  0.88RODM Hartford MultifactorPairCorr

AAM 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. AAM SP's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AAM SP 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 ConcentrationBroad Equity ETFs, Strategy ETFs, Foreign Large Value, AAM (View all Sectors)
IssuerAdvisors Asset Management
Inception Date2018-11-27
BenchmarkS&P Developed Ex-U.S. Dividend and Free Cash Flow Yield Index
Entity TypeRegulated Investment Company
Asset Under Management2.03 Million
Average Trading Valume271.4
Asset TypeEquity
CategoryBroad Equity
FocusStrategy
Market ConcentrationDeveloped Markets
RegionDeveloped Markets
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorAdvisors Asset Management, Inc.
CustodianU.S. Bank, N.A.
DistributorQuasar Distributors, LLC
Portfolio ManagerDenise M. Krisko, Habib Moudachirou
Transfer AgentU.S. Bank, N.A.
Fiscal Year End30-Apr
ExchangeNYSE Arca, Inc.
Number of Constituents60.0
Market MakerGTS
Total Expense0.39
Management Fee0.39
Country NameUSA
Returns Y T D0.46
NameAAM SP Developed Markets High Dividend Value
Currency CodeUSD
Open FigiBBG00MNVY1S7
In Threey Volatility17.31
1y Volatility16.82
200 Day M A21.8736
50 Day M A22.4477
CodeDMDV
Updated At27th of March 2024
Currency NameUS Dollar
AAM SP Developed [DMDV] is traded in USA and was established 2018-11-27. The fund is listed under Foreign Large Value category and is part of AAM family. The entity is thematically classified as Broad Equity ETFs. AAM SP Developed currently have 1.75 M in assets under management (AUM). , while the total return for the last 3 years was 3.1%.
Check AAM SP 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 AAM Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding AAM 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 AAM SP Developed 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.

AAM SP Developed Currency Exposure

AAM SP Developed holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of AAM SP will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in AAM SP Developed.

Top AAM SP Developed Etf Constituents

SANSanofi SAStockDrug Manufacturers—General
SSAB-BSSAB ABStockSteel
IMBImperial Brands PLCStockConsumer Staples
DLEKGDelek GroupStockEnergy
ELEEndesa SAStockUtilities
ICLICL Israel ChemicalsStockMaterials
TSCOTesco PLCStockConsumer Staples
More Details

AAM SP Target Price Odds Analysis

Depending on a normal probability distribution, the odds of AAM SP jumping above the current price in 90 days from now is roughly 2.81%. The AAM SP Developed probability density function shows the probability of AAM SP etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days AAM SP has a beta of 0.0474 suggesting as returns on the market go up, AAM SP average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AAM SP Developed will be expected to be much smaller as well. Additionally, aAM SP Developed has an alpha of 0.0284, implying that it can generate a 0.0284 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 22.71HorizonTargetOdds Above 22.71
97.01%90 days
 22.71 
2.81%
Based on a normal probability distribution, the odds of AAM SP to move above the current price in 90 days from now is roughly 2.81 (This AAM SP Developed probability density function shows the probability of AAM Etf to fall within a particular range of prices over 90 days) .

AAM SP Developed Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. AAM SP market risk premium is the additional return an investor will receive from holding AAM SP 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 AAM SP. 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 AAM SP's alpha and beta are two of the key measurements used to evaluate AAM SP's performance over the market, the standard measures of volatility play an important role as well.

AAM SP Against Markets

Picking the right benchmark for AAM SP 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 AAM SP 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 AAM SP is critical whether you are bullish or bearish towards AAM SP Developed at a given time. Please also check how AAM SP'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 AAM SP 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 AAM Etf?

Before investing in AAM SP, 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 AAM SP. To buy AAM SP etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of AAM SP. 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 AAM SP etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located AAM SP Developed 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 AAM SP Developed 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 AAM SP Developed, 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 AAM Etf please use our How to Invest in AAM SP guide.

Already Invested in AAM SP Developed?

The danger of trading AAM SP Developed 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 AAM SP 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 AAM SP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AAM SP Developed 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 AAM SP Developed is a strong investment it is important to analyze AAM SP'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 AAM SP's future performance. For an informed investment choice regarding AAM Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AAM SP Developed. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the AAM SP Developed information on this page should be used as a complementary analysis to other AAM SP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for AAM Etf analysis

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