Industry description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of ICE BofA U.S. High Yield Index.
The fund 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. The index is designed to measure the performance of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic market.
Market Cap
The average market capitalization across the SPDR® Portfolio High Yield Bond ETF ETF is 1.11B. The market cap for tickers in the group ranges from 3.07B to 3.07B. BTE holds the highest valuation in this group at 3.07B. The lowest valued company is BTE at 3.07B.
High and low price notable news
The average weekly price growth across all stocks in the SPDR® Portfolio High Yield Bond ETF ETF was 0%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 6%. BTE experienced the highest price growth at 1%, while BTE experienced the biggest fall at 1%.
Volume
The average weekly volume growth across all stocks in the SPDR® Portfolio High Yield Bond ETF ETF was -71%. For the same stocks of the ETF, the average monthly volume growth was -80% and the average quarterly volume growth was 0%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 45
P/E Growth Rating: 100
Price Growth Rating: 44
SMR Rating: 56
Profit Risk Rating: 100
Seasonality Score: 42 (-100 ... +100)