Deutsche Mid Cap Etf Profile
| SMCAX Etf | USD 9.21 0.01 0.11% |
Performance9 of 100
| Odds Of DistressLess than 9
|
DEUTSCHE MID is trading at 9.21 as of the 28th of November 2024; that is 0.11% up since the beginning of the trading day. The etf's open price was 9.2. DEUTSCHE MID 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 DEUTSCHE MID CAP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of the aggregate of its net assets and borrowings for investment purposes in credit and credit related instruments. It invests, under normal circumstances, in a portfolio of U.S. debt securities of varying maturities and durations and across multiple sectors that the portfolio managers believe have capital appreciation potential. More on DEUTSCHE MID CAP
DEUTSCHE Etf Highlights
| Business Concentration | ALPS, Large, Multisector Bond, Multisector Bond, ALPS, Large, Multisector Bond (View all Sectors) |
| Update Date | 30th of September 2024 |
| Nav | 9.17 |
| Prev Close Price | 9.09 |
| Country Name | USA |
| Name | ALPSSmith Credit Opportunities Fund Class A |
| Currency Code | USD |
| Open Figi | BBG00XDJFBM6 |
| Code | SMCAX |
| I S I N | US31761T6055 |
| Currency Name | US Dollar |
| Type | FUND |
| Expense Ratio | 1.2 |
DEUTSCHE MID CAP [SMCAX] is traded in USA and was established 2020-09-15. DEUTSCHE MID is listed under ALPS category by Fama And French industry classification. The fund is listed under Multisector Bond category and is part of ALPS family. This fund at this time have 151.3 M in assets. DEUTSCHE MID CAP is currently producing year-to-date (YTD) return of 5.55% with the current yeild of 0.05%, while the total return for the last 3 years was 0.63%.
Check DEUTSCHE MID 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 DEUTSCHE Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding DEUTSCHE 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 DEUTSCHE MID CAP 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 DEUTSCHE MID CAP Etf Constituents
| CNC | Centene Corp | Stock | Health Care | |
| LRCX | Lam Research Corp | Stock | Information Technology | |
| BR | Broadridge Financial Solutions | Stock | Industrials | |
| EXP | Eagle Materials | Stock | Materials | |
| ULTA | Ulta Beauty | Stock | Consumer Discretionary | |
| CGNX | Cognex | Stock | Information Technology | |
| ROST | Ross Stores | Stock | Consumer Discretionary | |
| MHK | Mohawk Industries | Stock | Consumer Discretionary |
DEUTSCHE MID CAP 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 DEUTSCHE MID. 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 | 0.1291 | |||
| Standard Deviation | 0.1687 | |||
| Variance | 0.0285 | |||
| Downside Variance | 0.0328 |
DEUTSCHE MID CAP Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. DEUTSCHE MID CAP Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe DEUTSCHE MID price patterns.
DEUTSCHE MID Against Markets
Other Information on Investing in DEUTSCHE Etf
DEUTSCHE MID financial ratios help investors to determine whether DEUTSCHE Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DEUTSCHE with respect to the benefits of owning DEUTSCHE MID security.