Industry description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofA Diversified Core U.S. Preferred Securities Index.
The fund invests at least 80% of its total assets in the securities of its underlying index. It also invests at least 80% of its total assets in preferred securities that are domiciled in, principally traded in or whose revenues are primarily from the U.S. The underlying index is designed to track the broad-based performance of the U.S. preferred securities market.
Market Cap
The average market capitalization across the Global X US Preferred ETF ETF is 790.71M. The market cap for tickers in the group ranges from 22.65 to 218.88K. ESGRP holds the highest valuation in this group at 218.88K. The lowest valued company is VLYPP at 22.65.
High and low price notable news
The average weekly price growth across all stocks in the Global X US Preferred ETF ETF was 0%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 15%. CTBB experienced the highest price growth at 1%, while PFH experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the Global X US Preferred ETF ETF was 153%. For the same stocks of the ETF, the average monthly volume growth was 70% and the average quarterly volume growth was 48%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 7
P/E Growth Rating: 98
Price Growth Rating: 47
SMR Rating: 95
Profit Risk Rating: 89
Seasonality Score: 0 (-100 ... +100)