Nushares Enhanced Yield Etf Profile
| NUAG Etf | USD 20.35 0.01 0.05% |
Performance0 of 100
| Odds Of DistressLess than 9
|
NuShares Enhanced is trading at 20.35 as of the 20th of April 2024. This is a -0.05 percent decrease since the beginning of the trading day. The etf's lowest day price was 20.34. NuShares Enhanced has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for NuShares Enhanced Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of June 2022 and ending today, the 20th of April 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its assets, exclusive of collateral held from securities lending, in component securities of the index. Nushares is traded on NYSEARCA Exchange in the United States. More on NuShares Enhanced Yield
Moving together with NuShares Etf
| 0.82 | BND | Vanguard Total Bond | PairCorr |
| 0.82 | AGG | iShares Core Aggregate | PairCorr |
| 0.81 | BIV | Vanguard Intermediate | PairCorr |
| 0.83 | SPAB | SPDR Portfolio Aggregate | PairCorr |
| 0.81 | EAGG | iShares ESG Aggregate | PairCorr |
| 0.98 | FLCB | Franklin Templeton ETF | PairCorr |
| 0.83 | UITB | VictoryShares USAA Core | PairCorr |
NuShares 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. NuShares Enhanced's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NuShares Enhanced or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Old Name | New Pacific Metals Corp |
| Business Concentration | Broad Market ETFs, Strategy ETFs, Intermediate Core Bond, Nuveen (View all Sectors) |
| Issuer | Nuveen |
| Inception Date | 2016-09-14 |
| Benchmark | ICE BofA Enhanced Yield U.S. Broad Bond Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 28.37 Million |
| Average Trading Valume | 8,772.1 |
| Asset Type | Fixed Income |
| Category | Broad Market |
| Focus | Strategy |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Brown Brothers Harriman & Co. |
| Advisor | Nuveen Fund Advisors, LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | Nuveen Securities, LLC |
| Portfolio Manager | Lijun Kevin Chen, Yong Mark Zheng |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 772 |
| Market Maker | Jane Street |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | (2.61) |
| Name | NuShares Enhanced Yield US Aggregate Bond |
| Currency Code | USD |
| Open Figi | BBG00DRM9664 |
| In Threey Volatility | 7.71 |
| 1y Volatility | 7.57 |
| 200 Day M A | 20.4608 |
| 50 Day M A | 20.6933 |
| Code | NUAG |
| Updated At | 20th of April 2024 |
| Currency Name | US Dollar |
NuShares Enhanced Yield [NUAG] is traded in USA and was established 2016-09-14. The fund is listed under Intermediate Core Bond category and is part of Nuveen family. The entity is thematically classified as Broad Market ETFs. NuShares Enhanced Yield now have 56.96 M in assets. , while the total return for the last 3 years was -3.1%.
Check NuShares Enhanced 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 NuShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding NuShares 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 NuShares Enhanced Yield 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 NuShares Enhanced Yield Etf Constituents
| Federal National Mortgage Association 3% | 3.13% |
| Federal National Mortgage Association 2.5% | 2.26% |
| Federal National Mortgage Association 2% | 6.85% |
| United States Treasury Notes 0.13% | 1.61% |
| United States Treasury Notes 0.75% | 5.1799998% |
| Government National Mortgage Association 2% | 1.55% |
| Federal Agricultural Mortgage Corporation | 1.68% |
| Government National Mortgage Association 2.5% | 3.3299997% |
NuShares Enhanced Target Price Odds Analysis
In reference to a normal probability distribution, the odds of NuShares Enhanced jumping above the current price in 90 days from now is about 99.0%. The NuShares Enhanced Yield probability density function shows the probability of NuShares Enhanced etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days NuShares Enhanced has a beta of 0.025. This indicates as returns on the market go up, NuShares Enhanced average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NuShares Enhanced Yield will be expected to be much smaller as well. Additionally, nuShares Enhanced Yield has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of NuShares Enhanced to move above the current price in 90 days from now is about 99.0 (This NuShares Enhanced Yield probability density function shows the probability of NuShares Etf to fall within a particular range of prices over 90 days) .
NuShares Enhanced Top Holders
| DECMX | Bcm Decathlon Moderate | Mutual Fund | Equity Market Neutral |
| DECIX | Bcm Decathlon Moderate | Mutual Fund | Equity Market Neutral |
NuShares Enhanced Yield Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. NuShares Enhanced market risk premium is the additional return an investor will receive from holding NuShares Enhanced 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 NuShares Enhanced. 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 NuShares Enhanced's alpha and beta are two of the key measurements used to evaluate NuShares Enhanced's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (1.41) |
NuShares Enhanced Against Markets
Picking the right benchmark for NuShares Enhanced 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 NuShares Enhanced 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 NuShares Enhanced is critical whether you are bullish or bearish towards NuShares Enhanced Yield at a given time. Please also check how NuShares Enhanced'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 NuShares Enhanced 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.Did you try this?
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Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated |
| All Next | Launch Module |
How to buy NuShares Etf?
Before investing in NuShares Enhanced, 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 NuShares Enhanced. To buy NuShares Enhanced etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of NuShares Enhanced. 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 NuShares Enhanced etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located NuShares Enhanced Yield 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 NuShares Enhanced Yield 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 NuShares Enhanced Yield, 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 NuShares Etf please use our How to Invest in NuShares Enhanced guide.
Already Invested in NuShares Enhanced Yield?
The danger of trading NuShares Enhanced Yield 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 NuShares Enhanced 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 NuShares Enhanced. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NuShares Enhanced Yield 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 NuShares Enhanced Yield is a strong investment it is important to analyze NuShares Enhanced'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 NuShares Enhanced's future performance. For an informed investment choice regarding NuShares Etf, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NuShares Enhanced Yield. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the NuShares Enhanced Yield information on this page should be used as a complementary analysis to other NuShares Enhanced'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of NuShares Enhanced Yield is measured differently than its book value, which is the value of NuShares that is recorded on the company's balance sheet. Investors also form their own opinion of NuShares Enhanced's value that differs from its market value or its book value, called intrinsic value, which is NuShares Enhanced'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 NuShares Enhanced's market value can be influenced by many factors that don't directly affect NuShares Enhanced'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 NuShares Enhanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if NuShares Enhanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NuShares Enhanced'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.