Virtus Etf Trust Etf Profile
| SEIX Etf | USD 23.81 0.02 0.08% |
Performance7 of 100
| Odds Of DistressLess than 9
|
Virtus ETF is trading at 23.81 as of the 24th of April 2024; that is 0.08 percent up since the beginning of the trading day. The etf's open price was 23.79. Virtus ETF has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Virtus ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market circumstances, at least 80 percent of its net assets in a combination of first- and second-lien senior floating rate loans. More on Virtus ETF Trust
Moving together with Virtus Etf
| 0.93 | SRLN | SPDR Blackstone Senior | PairCorr |
| 0.9 | FTSL | First Trust Senior | PairCorr |
| 0.92 | FLBL | Franklin Liberty Senior | PairCorr |
| 0.81 | JBBB | Janus Detroit Street | PairCorr |
| 0.87 | FLRT | Pacer Pacific Asset | PairCorr |
| 0.92 | PFRL | PGIM ETF Trust | PairCorr |
Virtus 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. Virtus ETF's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Virtus ETF or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Bank Loan, Virtus (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 2.12 |
| Name | Virtus ETF Trust II - Virtus Seix Senior Loan ETF |
| Currency Code | USD |
| In Threey Volatility | 3.8 |
| 1y Volatility | 2.61 |
| 200 Day M A | 23.9247 |
| 50 Day M A | 24.0289 |
| Code | SEIX |
| Updated At | 24th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.69 |
| Type | ETF |
Virtus ETF Trust [SEIX] is traded in USA and was established 2019-04-23. The fund is listed under Bank Loan category and is part of Virtus family. Virtus ETF Trust at this time have 90.82 M in assets. , while the total return for the last 3 years was 5.3%.
Check Virtus ETF Probability Of Bankruptcy
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 Virtus Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Virtus 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 Virtus ETF Trust 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 Virtus ETF Trust Etf Constituents
| Keane Group Holdings Llc 05/25/25 Term Loan | 1.84% |
| Asp Navigate Acquisition 10/06/27 Term Loan | 1.71% |
| Directv Financing 07/22/27 Term Loan | 1.75% |
| Flutter Financing B.V. 09/16/28 Term Loan | 1.67% |
| Icon Plc (Indigo Merger) 07/03/28 Term Loan | 1.74% |
| Caesars Resort Collectio 10/2/2024 Term Loan | 1.37% |
| Micro Focus 01/14/27 Term Loan | 2.4500001% |
| Ali Group 10/13/28 Term Loan | 1.38% |
| Aadvantage Loyalty 04/20/2028 Term Loan | 1.79% |
| William Morris Endeavor 05/19/25 Term Loan | 1.82% |
Virtus ETF Target Price Odds Analysis
Based on a normal probability distribution, the odds of Virtus ETF jumping above the current price in 90 days from now is about 15.87%. The Virtus ETF Trust probability density function shows the probability of Virtus ETF etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Virtus ETF has a beta of 0.0558. This usually implies as returns on the market go up, Virtus ETF average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Virtus ETF Trust will be expected to be much smaller as well. Additionally, virtus ETF Trust has an alpha of 0.0099, implying that it can generate a 0.009941 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Virtus ETF to move above the current price in 90 days from now is about 15.87 (This Virtus ETF Trust probability density function shows the probability of Virtus Etf to fall within a particular range of prices over 90 days) .
Virtus ETF Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Virtus ETF market risk premium is the additional return an investor will receive from holding Virtus ETF 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 Virtus ETF. 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 Virtus ETF's alpha and beta are two of the key measurements used to evaluate Virtus ETF's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.047 | |||
| Jensen Alpha | 0.0099 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.24) |
Virtus ETF Against Markets
Picking the right benchmark for Virtus ETF 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 Virtus ETF 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 Virtus ETF is critical whether you are bullish or bearish towards Virtus ETF Trust at a given time. Please also check how Virtus ETF'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 Virtus ETF 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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How to buy Virtus Etf?
Before investing in Virtus ETF, 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 Virtus ETF. To buy Virtus ETF etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Virtus ETF. 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 Virtus ETF etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Virtus ETF Trust 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 Virtus ETF Trust 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 Virtus ETF Trust, 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 Virtus Etf please use our How to Invest in Virtus ETF guide.
Already Invested in Virtus ETF Trust?
The danger of trading Virtus ETF Trust 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 Virtus ETF 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 Virtus ETF. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Virtus ETF Trust 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 Virtus ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Virtus ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virtus Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Virtus Etf Trust Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus ETF Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Virtus Etf please use our How to Invest in Virtus ETF guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of Virtus ETF Trust is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus ETF's value that differs from its market value or its book value, called intrinsic value, which is Virtus ETF'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 Virtus ETF's market value can be influenced by many factors that don't directly affect Virtus ETF'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 Virtus ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus ETF'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.