Flexshares Credit Scored Long Etf Profile
| LKOR Etf | USD 43.84 0.18 0.41% |
Performance0 of 100
| Odds Of DistressLess than 9
|
FlexShares Credit is selling at 43.84 as of the 28th of November 2024; that is 0.41 percent increase since the beginning of the trading day. The etf's lowest day price was 43.84. FlexShares Credit has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for FlexShares Credit Scored Long are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The underlying index reflects the performance of a broad universe of longer term maturity, US-dollar denominated investment grade corporate bonds that can potentially deliver a higher total return than the overall investment grade corporate bond market, as represented by the Northern Trust US Investment Grade Long Corporate Bond Index SM . More on FlexShares Credit Scored Long
Moving together with FlexShares Etf
| 0.98 | BLV | Vanguard Long Term | PairCorr |
| 0.95 | BAB | Invesco Taxable Municipal | PairCorr |
| 1.0 | IGLB | iShares 10 Year | PairCorr |
| 1.0 | SPLB | SPDR Barclays Long | PairCorr |
| 0.98 | FFIU | Fieldstone UVA Uncon | PairCorr |
Moving against FlexShares Etf
FlexShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Corporate ETFs, Investment Grade ETFs, Long-Term Bond, Flexshares Trust (View all Sectors) |
| Issuer | Northern Trust |
| Inception Date | 2015-09-23 |
| Benchmark | Northern Trust US Long Corporate Bond Quality Value Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 48.01 Million |
| Average Trading Valume | 2,960.3 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Investment Grade |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | JPMorgan Chase Bank, N.A. |
| Advisor | Northern Trust Investments, Inc. |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Eric Williams, Chaitanya Mandavakuriti |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 933 |
| Market Maker | Jane Street |
| Total Expense | 0.16 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 2.53 |
| Name | FlexShares Credit-Scored US Long Corporate Bond Index Fund |
| Currency Code | USD |
| Open Figi | BBG00B2VYK11 |
| In Threey Volatility | 16.66 |
| 1y Volatility | 15.52 |
| 200 Day M A | 43.4786 |
| 50 Day M A | 44.1985 |
| Code | LKOR |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
FlexShares Credit Scored Long [LKOR] is traded in USA and was established 2015-09-23. The fund is listed under Long-Term Bond category and is part of Flexshares Trust family. The entity is thematically classified as Corporate ETFs. FlexShares Credit now have 36.39 M in assets. , while the total return for the last 3 years was -5.2%.
Check FlexShares Credit Probability Of Bankruptcy
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 FlexShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FlexShares 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 FlexShares Credit Scored Long 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.
Top FlexShares Credit Scored Long Etf Constituents
| LH | Laboratory of | Stock | Health Care | |
| AON | Aon PLC | Stock | Financials | |
| JCI | Johnson Controls International | Stock | Industrials | |
| HAS | Hasbro Inc | Stock | Consumer Discretionary | |
| TCN | Tricon Capital Group | Stock | Real Estate | |
| INTC | Intel | Stock | Information Technology | |
| CHD | Church Dwight | Stock | Consumer Staples | |
| MMC | Marsh McLennan Companies | Stock | Financials |
FlexShares Credit Top Holders
| BNDC | FlexShares Core Select | Etf | Intermediate Core Bond | |
| BBALX | Northern Global Tactical | Mutual Fund | World Allocation |
FlexShares Credit 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 FlexShares Credit. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.469 | |||
| Standard Deviation | 0.6448 | |||
| Variance | 0.4158 | |||
| Risk Adjusted Performance | (0.03) |
FlexShares Credit Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. FlexShares Credit Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe FlexShares Credit price patterns.
FlexShares Credit Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in FlexShares Credit Scored Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of FlexShares Credit is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares Credit's value that differs from its market value or its book value, called intrinsic value, which is FlexShares Credit'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 FlexShares Credit's market value can be influenced by many factors that don't directly affect FlexShares Credit'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 FlexShares Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares Credit'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.