Spdr Galaxy Digital Etf Profile

DECO Etf   39.22  1.58  4.20%   

Performance

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SPDR Galaxy is selling at 39.22 as of the 23rd of November 2024; that is 4.20 percent increase since the beginning of the trading day. The etf's open price was 37.64. SPDR Galaxy has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for SPDR Galaxy Digital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of November 2024. Click here to learn more.

SPDR Etf Highlights

IssuerSSgA
Inception Date2024-09-09
Entity TypeRegulated Investment Company
Asset Under Management9.79 Million
Asset TypeMulti Asset
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorState Street Global Advisors Funds Management Inc.
AdvisorSSGA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerChristopher Rhine, Paul Cappelli, Ian Kolman
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents36.0
Market MakerSusquehanna
Total Expense0.65
Management Fee0.65

SPDR Galaxy Digital Risk Profiles

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 Galaxy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

SPDR Galaxy Against Markets

SPDR Galaxy Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with SPDR Galaxy etf to make a market-neutral strategy. Peer analysis of SPDR Galaxy could also be used in its relative valuation, which is a method of valuing SPDR Galaxy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation