Spdr Doubleline Total Etf Profile
TOTL Etf | USD 38.96 0.09 0.23% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR DoubleLine is selling for 38.96 as of the 17th of April 2024. This is a -0.23 percent decrease since the beginning of the trading day. The etf's lowest day price was 38.88. SPDR DoubleLine 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 DoubleLine Total are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2024 and ending today, the 17th of April 2024. Click here to learn more.
Under normal circumstances, the Sub-Adviser will invest at least 80 percent of the funds net assets in a portfolio of fixed income securities of any credit quality. SPDR Doubleline is traded on NYSEARCA Exchange in the United States. More on SPDR DoubleLine Total
Moving together with SPDR Etf
0.76 | IUSB | iShares Core Total | PairCorr |
0.76 | FIXD | First Trust TCW | PairCorr |
0.75 | FBND | Fidelity Total Bond | PairCorr |
0.76 | HTRB | Hartford Total Return | PairCorr |
0.9 | GTO | Invesco Total Return | PairCorr |
0.87 | EUSB | iShares Trust | 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 DoubleLine's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR DoubleLine or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Idea | Broad Debt ETFs (View all Themes) |
Business Concentration | Jakarta Stock Exchange, Broad Debt ETFs, Intermediate Core-Plus Bond, SPDR State Street Global Advisors (View all Sectors) |
Issuer | SSgA |
Inception Date | 2015-02-23 |
Benchmark | Not Applicable |
Entity Type | Regulated Investment Company |
Asset Under Management | 2.8 Billion |
Average Trading Valume | 428,406.1 |
Asset Type | Fixed Income |
Category | Broad Debt |
Focus | Broad Debt |
Market Concentration | Blended Development |
Region | Global |
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 | Jeffrey E. Gundlach, Philip A. Barach, Jeffrey J. Sherman |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 30-Sep |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 1,342 |
Market Maker | Jane Street |
Total Expense | 0.55 |
Management Fee | 0.55 |
Country Name | USA |
Returns Y T D | (1.09) |
Name | SPDR DoubleLine Total Return Tactical ETF |
Currency Code | USD |
Open Figi | BBG0084H8467 |
In Threey Volatility | 6.65 |
1y Volatility | 7.28 |
200 Day M A | 39.4328 |
50 Day M A | 39.7012 |
Code | TOTL |
Updated At | 15th of April 2024 |
Currency Name | US Dollar |
SPDR DoubleLine Total [TOTL] is traded in USA and was established 2015-02-23. The fund is listed under Intermediate Core-Plus Bond category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Broad Debt ETFs. SPDR DoubleLine Total at this time have 2.12 B in assets. , while the total return for the last 3 years was -2.5%.
Check SPDR DoubleLine Probability Of Bankruptcy
Geographic Allocation (%)
SPDR DoubleLine Total Currency Exposure
SPDR DoubleLine Total 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 DoubleLine 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 DoubleLine Total.
SPDR DoubleLine Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of SPDR DoubleLine jumping above the current price in 90 days from now is about 97.0%. The SPDR DoubleLine Total probability density function shows the probability of SPDR DoubleLine etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR DoubleLine has a beta of 0.1104. This usually implies as returns on the market go up, SPDR DoubleLine average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR DoubleLine Total will be expected to be much smaller as well. Additionally, sPDR DoubleLine Total 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 DoubleLine to move above the current price in 90 days from now is about 97.0 (This SPDR DoubleLine Total probability density function shows the probability of SPDR Etf to fall within a particular range of prices over 90 days) .
SPDR DoubleLine Top Holders
LOWIX | Ladenburg Growth Income | Mutual Fund | Allocation--50% to 70% Equity |
LOWCX | Ladenburg Growth Income | Mutual Fund | Allocation--50% to 70% Equity |
LNCIX | Ladenburg Income Fundclass | Mutual Fund | Allocation--15% to 30% Equity |
LOWAX | Ladenburg Growth Income | Mutual Fund | Allocation--50% to 70% Equity |
LNCAX | Ladenburg Income Fundclass | Mutual Fund | Allocation--15% to 30% Equity |
LNOAX | Ladenburg Income Growth | Mutual Fund | Allocation--30% to 50% Equity |
LNOIX | Ladenburg Income Growth | Mutual Fund | Allocation--30% to 50% Equity |
SPDR DoubleLine Total Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPDR DoubleLine market risk premium is the additional return an investor will receive from holding SPDR DoubleLine 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 DoubleLine. 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 DoubleLine's alpha and beta are two of the key measurements used to evaluate SPDR DoubleLine's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (0.21) |
SPDR DoubleLine Against Markets
Picking the right benchmark for SPDR DoubleLine 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 DoubleLine 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 DoubleLine is critical whether you are bullish or bearish towards SPDR DoubleLine Total at a given time. Please also check how SPDR DoubleLine'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 DoubleLine 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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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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How to buy SPDR Etf?
Before investing in SPDR DoubleLine, 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 DoubleLine. To buy SPDR DoubleLine etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of SPDR DoubleLine. 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 DoubleLine etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located SPDR DoubleLine Total 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 DoubleLine Total 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 DoubleLine Total, 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 DoubleLine guide.
Already Invested in SPDR DoubleLine Total?
The danger of trading SPDR DoubleLine Total 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 DoubleLine 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 DoubleLine. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR DoubleLine Total 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 DoubleLine Total is a strong investment it is important to analyze SPDR DoubleLine'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 SPDR DoubleLine's future performance. For an informed investment choice regarding SPDR 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 SPDR DoubleLine Total. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of SPDR DoubleLine Total 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 DoubleLine's value that differs from its market value or its book value, called intrinsic value, which is SPDR DoubleLine'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 DoubleLine's market value can be influenced by many factors that don't directly affect SPDR DoubleLine'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 DoubleLine's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR DoubleLine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR DoubleLine'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.