Vaneck Short High Etf Profile

SHYD Etf  USD 22.76  0.11  0.49%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
VanEck Short is trading at 22.76 as of the 30th of November 2024, a 0.49 percent increase since the beginning of the trading day. The etf's lowest day price was 22.73. VanEck Short has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for VanEck Short High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the benchmark index. Vaneck Short is traded on BATS Exchange in the United States. More on VanEck Short High

Moving against VanEck Etf

  0.46KO Coca Cola Aggressive PushPairCorr
  0.35MAAX MAAXPairCorr

VanEck Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationHigh Yield ETFs, Municipals ETFs, High Yield Muni, VanEck (View all Sectors)
IssuerVan Eck
Inception Date2014-01-13
BenchmarkICE 1-12 Year High Yield Crossover Municipal Bond Index
Entity TypeRegulated Investment Company
Asset Under Management312.53 Million
Average Trading Valume46,860.3
Asset TypeFixed Income
CategoryMunicipals
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorVan Eck Associates Corporation
AdvisorVan Eck Associates Corporation
CustodianState Street Bank and Trust Company
DistributorVan Eck Securities Corporation
Portfolio ManagerJames Colby III, Stephanie Wang
Transfer AgentState Street Bank and Trust Company
Fiscal Year End30-Apr
ExchangeCboe BZX Exchange, Inc.
Number of Constituents430
Market MakerSusquehanna
Total Expense0.35
Management Fee0.35
Country NameUSA
Returns Y T D5.06
NameVanEck Short High Yield Muni ETF
Currency CodeUSD
Open FigiBBG005T08329
In Threey Volatility5.27
1y Volatility3.6
200 Day M A22.424
50 Day M A22.6882
CodeSHYD
Updated At30th of November 2024
Currency NameUS Dollar
VanEck Short High [SHYD] is traded in USA and was established 2014-01-13. The fund is listed under High Yield Muni category and is part of VanEck family. The entity is thematically classified as High Yield ETFs. VanEck Short High at this time have 407.09 M in assets. , while the total return for the last 3 years was -0.4%.
Check VanEck Short Probability Of Bankruptcy

Top VanEck Short High Etf Constituents

ILLINOIS FIN AUTH REV 4.75%0.82%
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5%0.81%
NEW YORK TRANSN DEV CORP SPL FAC REV 4%0.69%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5%1.38%
CENTRAL TEX REGL MOBILITY AUTH REV 5%0.67000003%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0.01%0.69999998%
WASHINGTON ST CONVENTION CTR PUB FACS DIST 4%0.66000004%
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.38%0.8%
CALIFORNIA MUN FIN AUTH SPL FAC REV 4%0.73%
CHICAGO ILL BRD ED 5%0.75%

VanEck Short Top Holders

MAAXMAAXEtfHigh Yield Muni
More Details

VanEck Short High 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 VanEck Short. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

VanEck Short Against Markets

When determining whether VanEck Short High is a strong investment it is important to analyze VanEck Short's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VanEck Short's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VanEck Short High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
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The market value of VanEck Short High is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Short's value that differs from its market value or its book value, called intrinsic value, which is VanEck Short'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 VanEck Short's market value can be influenced by many factors that don't directly affect VanEck Short'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 VanEck Short's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Short is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Short'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.