Spdr Portfolio Aggregate Etf Profile
| SPAB Etf | USD 24.61 0.07 0.28% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR Portfolio is trading at 24.61 as of the 19th of April 2024, a -0.28% down since the beginning of the trading day. The etf's open price was 24.68. SPDR Portfolio 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 SPDR Portfolio Aggregate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. More on SPDR Portfolio Aggregate
Moving together with SPDR Etf
| 1.0 | BND | Vanguard Total Bond | PairCorr |
| 1.0 | AGG | iShares Core Aggregate | PairCorr |
| 0.99 | BIV | Vanguard Intermediate | PairCorr |
| 1.0 | EAGG | iShares ESG Aggregate | PairCorr |
| 1.0 | FLCB | Franklin Templeton ETF | PairCorr |
| 0.95 | UITB | VictoryShares USAA Core | PairCorr |
SPDR 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. SPDR Portfolio's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Portfolio or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Frank Nesvet |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Investment Grade ETFs, Broad Debt ETFs, Intermediate Core Bond, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2007-05-23 |
| Benchmark | Bloomberg U.S. Aggregate Bond Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 7.71 Billion |
| Average Trading Valume | 2.25 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Marc DiCosimo, Michael Przygoda, James Kramer |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 7,599 |
| Market Maker | Susquehanna |
| Total Expense | 0.03 |
| Management Fee | 0.03 |
| Country Name | USA |
| Returns Y T D | (2.85) |
| Name | SPDR Portfolio Aggregate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG000RFSB92 |
| In Threey Volatility | 7.25 |
| 1y Volatility | 7.24 |
| 200 Day M A | 24.9234 |
| 50 Day M A | 25.1 |
| Code | SPAB |
| Updated At | 18th of April 2024 |
| Currency Name | US Dollar |
SPDR Portfolio Aggregate [SPAB] is traded in USA and was established 2007-05-23. The fund is listed under Intermediate Core Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Investment Grade ETFs. SPDR Portfolio Aggregate at this time have 6 B in assets. , while the total return for the last 3 years was -3.4%.
Check SPDR Portfolio 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 SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR 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 SPDR Portfolio Aggregate 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.
SPDR Portfolio Aggregate Currency Exposure
SPDR Portfolio Aggregate 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 SPDR Portfolio 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 SPDR Portfolio Aggregate.
SPDR Portfolio Target Price Odds Analysis
What are SPDR Portfolio's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SPDR Portfolio jumping above the current price in 90 days from now is about 48.58%. The SPDR Portfolio Aggregate probability density function shows the probability of SPDR Portfolio etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR Portfolio has a beta of 0.1363. This usually implies as returns on the market go up, SPDR Portfolio average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Portfolio Aggregate will be expected to be much smaller as well. Additionally, sPDR Portfolio Aggregate 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 SPDR Portfolio to move above the current price in 90 days from now is about 48.58 (This SPDR Portfolio Aggregate probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR Portfolio Top Holders
| GAL | SPDR SSgA Global | Etf | Global Allocation |
| DECMX | Bcm Decathlon Moderate | Mutual Fund | Equity Market Neutral |
| GIXFX | Guidepath Flexible Income | Mutual Fund | Tactical Allocation |
| GPIFX | Guidepath Flexible Income | Mutual Fund | Tactical Allocation |
| HNDL | Strategy Shares Nasdaq | Etf | Moderately Conservative Allocation |
| AIHAX | Horizon Active Income | Mutual Fund | Intermediate Core-Plus Bond |
| AIRIX | Horizon Active Income | Mutual Fund | Intermediate Core-Plus Bond |
SPDR Portfolio Aggregate Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR Portfolio market risk premium is the additional return an investor will receive from holding SPDR Portfolio 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 SPDR Portfolio. 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 SPDR Portfolio's alpha and beta are two of the key measurements used to evaluate SPDR Portfolio's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.15) |
SPDR Portfolio Against Markets
Picking the right benchmark for SPDR Portfolio 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 SPDR Portfolio 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 SPDR Portfolio is critical whether you are bullish or bearish towards SPDR Portfolio Aggregate at a given time. Please also check how SPDR Portfolio'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 SPDR Portfolio 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 SPDR Etf?
Before investing in SPDR Portfolio, 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 SPDR Portfolio. To buy SPDR Portfolio etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR Portfolio. 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 SPDR Portfolio etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR Portfolio Aggregate 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 SPDR Portfolio Aggregate 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 SPDR Portfolio Aggregate, 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 SPDR Etf please use our How to Invest in SPDR Portfolio guide.
Already Invested in SPDR Portfolio Aggregate?
The danger of trading SPDR Portfolio Aggregate 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 SPDR Portfolio 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 SPDR Portfolio. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Portfolio Aggregate 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 SPDR Portfolio Aggregate offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR Portfolio'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 Spdr Portfolio Aggregate Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Portfolio Aggregate Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Portfolio Aggregate. 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 SPDR Portfolio Aggregate information on this page should be used as a complementary analysis to other SPDR Portfolio'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of SPDR Portfolio Aggregate is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Portfolio's value that differs from its market value or its book value, called intrinsic value, which is SPDR Portfolio'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 SPDR Portfolio's market value can be influenced by many factors that don't directly affect SPDR Portfolio'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 SPDR Portfolio's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Portfolio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Portfolio'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.