Iq Ultra Short Etf Profile

ULTR Etf  USD 48.05  0.05  0.10%   

Performance

21 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 35

 
100  
 
Zero
Below Average
IQ Ultra is selling at 48.05 as of the 28th of March 2024; that is -0.1 percent decrease since the beginning of the trading day. The etf's lowest day price was 48.05. IQ Ultra has about a 35 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for IQ Ultra Short are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund, under normal circumstances, invests at least 80 percent of its net assets in fixed income securities. IQ Ultra is traded on NYSEARCA Exchange in the United States. The company has 140.73 M outstanding shares of which 120 K shares are at this time shorted by private and institutional investors with about 0.0 trading days to cover. More on IQ Ultra Short

Moving together with ULTR Etf

  0.97BIL SPDR Bloomberg 1-3PairCorr
  0.98SHV IShares Short TreasuryPairCorr
  0.99JPST JPMorgan Ultra-Short Sell-off TrendPairCorr
  0.95USFR WisdomTree Floating RatePairCorr
  0.98ICSH IShares Ultra Short-TermPairCorr
  0.98FTSM First Trust EnhancedPairCorr
  0.94SGOV IShares 0-3 MonthPairCorr

Moving against ULTR Etf

  0.78WTID UBS ETRACS -PairCorr

ULTR 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. IQ Ultra's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IQ Ultra or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORicardo Ross
Thematic Ideas
(View all Themes)
Old NameULTRA EQUITY INVEST - Tel Aviv Stock Exchang
Business ConcentrationNASDAQ Composite Total, Investment Grade ETFs, Broad Debt ETFs, Ultrashort Bond, IndexIQ, Shipping Containers (View all Sectors)
IssuerIndexIQ
Inception Date2019-07-31
Entity TypeRegulated Investment Company
Asset Under Management14.42 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorIndexIQ Advisors LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerKenneth Sommer, Matthew Downs
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-May
ExchangeNYSE Arca, Inc.
Number of Constituents51.0
Market MakerGTS
Total Expense0.34
Management Fee0.24
Country NameUSA
Returns Y T D1.22
NameIQ Ultra Short Duration ETF
Currency CodeUSD
Open FigiBBG00PPRNFN3
In Threey Volatility1.24
1y Volatility0.87
200 Day M A47.7762
50 Day M A48.001
CodeULTR
Updated At27th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.86)
TypeETF
IQ Ultra Short [ULTR] is traded in USA and was established 2019-07-31. The fund is listed under Ultrashort Bond category and is part of IndexIQ family. The entity is thematically classified as Investment Grade ETFs. IQ Ultra Short at this time have 85.25 M in net assets. , while the total return for the last 3 years was 2.2%. IQ Ultra Short currently holds about 45.6 M in cash with 44.87 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
Check IQ Ultra 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 ULTR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ULTR 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 IQ Ultra Short 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 IQ Ultra Short Etf Constituents

US 2 Year Note (CBT) Dec1325.44653%
US 5 Year Note (CBT) Dec1342.91068%

IQ Ultra Target Price Odds Analysis

In regard to a normal probability distribution, the odds of IQ Ultra jumping above the current price in 90 days from now is about 5.61%. The IQ Ultra Short probability density function shows the probability of IQ Ultra etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days IQ Ultra has a beta of 0.0437. This usually implies as returns on the market go up, IQ Ultra average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IQ Ultra Short will be expected to be much smaller as well. Additionally, iQ Ultra Short has an alpha of 0.0043, implying that it can generate a 0.004257 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 48.05HorizonTargetOdds Above 48.05
93.56%90 days
 48.05 
5.61%
Based on a normal probability distribution, the odds of IQ Ultra to move above the current price in 90 days from now is about 5.61 (This IQ Ultra Short probability density function shows the probability of ULTR Etf to fall within a particular range of prices over 90 days) .

IQ Ultra Top Holders

MCROIndexIQEtfWorld Allocation
QAIIQ Hedge Multi StrategyEtfMultistrategy
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IQ Ultra Short Risk Profiles

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

IQ Ultra Against Markets

Picking the right benchmark for IQ Ultra 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 IQ Ultra 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 IQ Ultra is critical whether you are bullish or bearish towards IQ Ultra Short at a given time. Please also check how IQ Ultra'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 IQ Ultra 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 ULTR Etf?

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

Already Invested in IQ Ultra Short?

The danger of trading IQ Ultra Short 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 IQ Ultra 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 IQ Ultra. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile IQ Ultra Short 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 IQ Ultra Short is a strong investment it is important to analyze IQ Ultra'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 IQ Ultra's future performance. For an informed investment choice regarding ULTR 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 IQ Ultra Short. 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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