Industry description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index (the "Preferred Securities Index").
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. exchange-listed hybrid debt, preferred stock and convertible preferred stock issued by non-financial corporations. The fund is non-diversified.
High and low price notable news
The average weekly price growth across all stocks in the VanEck Pref Secs ex Fincls ETF ETF was 0%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was 7%. ELC experienced the highest price growth at 1%, while CTBB experienced the biggest fall at -2%.
Volume
The average weekly volume growth across all stocks in the VanEck Pref Secs ex Fincls ETF ETF was 27%. For the same stocks of the ETF, the average monthly volume growth was -58% and the average quarterly volume growth was -5%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 26
P/E Growth Rating: 93
Price Growth Rating: 48
SMR Rating: 92
Profit Risk Rating: 74
Seasonality Score: 3 (-100 ... +100)