SPDR Aggregate Etf Profile


USD 26.62  0.14  0.52%   

Market Performance
1 of 100
Odds Of Distress
Less than 27
SPDR Aggregate is trading at 26.62 as of the 12th of August 2022, a -0.52 percent decrease since the beginning of the trading day. The etf's open price was 26.76. SPDR Aggregate has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for SPDR Aggregate Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of July 2022 and ending today, the 12th of August 2022. 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 Aggregate Bond

Moving together with SPDR Aggregate

0.67DISWalt Disney Upward RallyPairCorr
0.75HDHome Depot Earnings Call  This WeekPairCorr

SPDR Aggregate 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. SPDR Aggregate's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPDR Aggregate or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
On 5th of August 2022 SPDR Aggregate paid $ 0.0541 per share dividend to its current shareholders
The fund created three year return of 0.0%
SPDR Aggregate Bond maintains about 6.45% of its assets in bonds
New SymbolASTC
ChairmanFrank Nesvet
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPDR Aggregate's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
DescriptionSPDR Portfolio Aggregate Bond ETF
Inception Date2007-05-23
BenchmarkBloomberg U.S. Aggregate Bond Index
Entity TypeRegulated Investment Company
Asset Under Management6.34 Billion
Average Trading Valume3.33 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorSSgA Funds Management, Inc.
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorState Street Global Advisors Funds Distributors, LLC
Portfolio ManagerMarc DiCosimo, Michael Przygoda, James Kramer
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents6,581
Market MakerSusquehanna
Total Expense0.03
Management Fee0.03
Nav Price26.94
Two Hundred Day Average27.99
Average Daily Volume In Three Month3.16M
Fifty Two Week Low25.64
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day3.33M
Fifty Two Week High30.26
One Month2.63%
Fifty Day Average26.47
Three Month0.83%
SPDR Aggregate Bond [SPAB] is traded in USA and was established 2007-05-23. The fund is listed under Intermediate-Term Bond category and is part of SPDR State Street Global Advisors family. SPDR Aggregate Bond at this time have 6.27 B in assets. , while the total return for the last 3 years was -0.44%.
Check SPDR Aggregate 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 Aggregate 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 Aggregate 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 Aggregate Bond 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 Aggregate Bond Currency Exposure (%)

SPDR Aggregate Target Price Odds Analysis

What are SPDR Aggregate's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SPDR Aggregate jumping above the current price in 90 days from now is about 27.0%. The SPDR Aggregate Bond probability density function shows the probability of SPDR Aggregate etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days SPDR Aggregate has a beta of 0.0865. This usually implies as returns on the market go up, SPDR Aggregate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPDR Aggregate Bond will be expected to be much smaller as well. Additionally, the company has an alpha of 0.006, implying that it can generate a 0.005997 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 26.62HorizonTargetOdds Above 26.62
72.27%90 days
Based on a normal probability distribution, the odds of SPDR Aggregate to move above the current price in 90 days from now is about 27.0 (This SPDR Aggregate Bond probability density function shows the probability of SPDR Aggregate Etf to fall within a particular range of prices over 90 days) .

SPDR Aggregate Top Holders

SPDR Aggregate Bond Risk Profiles

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

SPDR Aggregate Bond Technical Analysis

The output start index for this execution was zero with a total number of output elements of sixty-one. SPDR Aggregate Bond Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe SPDR Aggregate price patterns.

SPDR Aggregate Against Markets

Picking the right benchmark for SPDR Aggregate 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 Aggregate 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 Aggregate is critical whether you are bullish or bearish towards SPDR Aggregate Bond at a given time.

Similar Equity Warning - SPAB

SPDR Aggregate Bond was forked

The entity SPDR Aggregate Bond with a symbol SPAB was recently forked. You can potentially use Astrotech Corp with a symbol ASTC from now on.

Invested in SPDR Aggregate Bond?

You need to understand the risk of investing before taking a position in SPDR Aggregate. The danger of trading SPDR Aggregate Bond 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 Aggregate 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 Aggregate. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPDR Aggregate Bond 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.
Additionally, take a look at World Market Map. Note that the SPDR Aggregate Bond information on this page should be used as a complementary analysis to other SPDR Aggregate'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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for SPDR Aggregate Etf analysis

When running SPDR Aggregate Bond price analysis, check to measure SPDR Aggregate'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 SPDR Aggregate is operating at the current time. Most of SPDR Aggregate's value examination focuses on studying past and present price action to predict the probability of SPDR Aggregate's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SPDR Aggregate's price. Additionally, you may evaluate how the addition of SPDR Aggregate to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
The market value of SPDR Aggregate Bond is measured differently than its book value, which is the value of SPDR Aggregate that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Aggregate's value that differs from its market value or its book value, called intrinsic value, which is SPDR Aggregate'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 Aggregate's market value can be influenced by many factors that don't directly affect SPDR Aggregate'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 Aggregate's value and its price as these two are different measures arrived at by different means. Investors typically determine SPDR Aggregate value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Aggregate'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.