Ishares Floating Rate Etf Performance
| XFR Etf | CAD 20.05 0.01 0.05% |
The etf retains a Market Volatility (i.e., Beta) of -0.0041, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IShares Floating are expected to decrease at a much lower rate. During the bear market, IShares Floating is likely to outperform the market.
Risk-Adjusted Performance
36 of 100
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Very Strong
Compared to the overall equity markets, risk-adjusted returns on investments in iShares Floating Rate are ranked lower than 36 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, IShares Floating is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.46 |
IShares |
IShares Floating Relative Risk vs. Return Landscape
If you would invest 1,984 in iShares Floating Rate on September 4, 2024 and sell it today you would earn a total of 21.00 from holding iShares Floating Rate or generate 1.06% return on investment over 90 days. iShares Floating Rate is generating 0.0165% of daily returns assuming 0.0358% volatility of returns over the 90 days investment horizon. Simply put, 0% of all etfs have less volatile historical return distribution than IShares Floating, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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IShares Floating Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IShares Floating's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as iShares Floating Rate, and traders can use it to determine the average amount a IShares Floating's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.4602
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Based on monthly moving average IShares Floating is performing at about 36% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IShares Floating by adding it to a well-diversified portfolio.
IShares Floating Fundamentals Growth
IShares Etf prices reflect investors' perceptions of the future prospects and financial health of IShares Floating, and IShares Floating fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IShares Etf performance.
| Total Asset | 714 M | |||
About IShares Floating Performance
By examining IShares Floating's fundamental ratios, stakeholders can obtain critical insights into IShares Floating's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that IShares Floating is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The investment seeks to replicate the performance, net of expenses, of the FTSE TMX Canada FRN Index. iSHARES FLOATING is traded on Toronto Stock Exchange in Canada.| IShares is showing solid risk-adjusted performance over 90 days | |
| The fund keeps about 100.0% of its net assets in bonds |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in iShares Floating Rate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.