Virtus Etf Trust Etf Profile

VSHY Etf   22.02  0.04  0.18%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Virtus ETF is trading at 22.02 as of the 30th of November 2024; that is 0.18 percent increase since the beginning of the trading day. The etf's open price was 21.98. Virtus ETF has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Virtus ETF Trust 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.
Virtus ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Virtus ETF Trust

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Moving against Virtus Etf

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Virtus Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationCorporate ETFs, High Yield ETFs, High Yield Bond (View all Sectors)
IssuerVirtus
Inception Date2016-12-05
Entity TypeRegulated Investment Company
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationBlended Development
RegionGlobal
AdministratorVirtus ETF Solutions, LLC
AdvisorVirtus ETF Advisers LLC
CustodianThe Bank of New York Mellon Corporation
DistributorETF Distributors LLC
Portfolio ManagerDavid Albrycht, William Eastwood, Eric Hess
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents107
Market MakerFlow Traders
Total Expense0.4
Management Fee0.39
Country NameUSA
Returns Y T D8.3
NameVirtus ETF Trust Virtus Newfleet Short Duration High Yield Bond ETF
Currency CodeUSD
Open FigiBBG00FGQSZ58
In Threey Volatility7.8
1y Volatility5.21
200 Day M A21.641
50 Day M A21.9238
CodeVSHY
Updated At29th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.1)
TypeETF
Virtus ETF Trust [VSHY] is traded in USA and was established null. The fund is listed under High Yield Bond. The entity is thematically classified as Corporate ETFs. Virtus ETF Trust at this time have in net assets. , while the total return for the last 3 years was 3.8%.
Check Virtus ETF Probability Of Bankruptcy

Virtus ETF Trust 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 Virtus ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Virtus ETF Against Markets

When determining whether Virtus ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Virtus ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virtus Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Virtus Etf Trust Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virtus ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Virtus Etf please use our How to Invest in Virtus ETF guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of Virtus ETF Trust is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus ETF's value that differs from its market value or its book value, called intrinsic value, which is Virtus ETF'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 Virtus ETF's market value can be influenced by many factors that don't directly affect Virtus ETF'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 Virtus ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus ETF'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.