Flexshares Credit Scored Long Etf Profile

LKOR Etf  USD 43.84  0.84  1.95%   

Performance

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Odds Of Distress

Less than 9

 
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FlexShares Credit is selling at 43.84 as of the 26th of November 2024; that is 1.95 percent increase since the beginning of the trading day. The etf's lowest day price was 43.73. 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 27th of October 2024 and ending today, the 26th 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

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Moving against FlexShares Etf

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FlexShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationInvestment Grade ETFs, Corporate ETFs, Long-Term Bond, Flexshares Trust (View all Sectors)
IssuerNorthern Trust
Inception Date2015-09-23
BenchmarkNorthern Trust US Long Corporate Bond Quality Value Index
Entity TypeRegulated Investment Company
Asset Under Management47.21 Million
Average Trading Valume3,705.2
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJPMorgan Chase Bank, N.A.
AdvisorNorthern Trust Investments, Inc.
CustodianJPMorgan Chase Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerEric Williams, Chaitanya Mandavakuriti
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Oct
ExchangeCboe BZX Exchange, Inc.
Number of Constituents933
Market MakerJane Street
Total Expense0.16
Management Fee0.15
Country NameUSA
Returns Y T D0.57
NameFlexShares Credit-Scored US Long Corporate Bond Index Fund
Currency CodeUSD
Open FigiBBG00B2VYK11
In Threey Volatility16.66
1y Volatility15.52
200 Day M A43.4754
50 Day M A44.2442
CodeLKOR
Updated At25th of November 2024
Currency NameUS 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 Investment Grade ETFs. FlexShares Credit now have 36.39 M in assets. , while the total return for the last 3 years was -5.5%.
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

LHLaboratory ofStockHealth Care
AONAon PLCStockFinancials
JCIJohnson Controls InternationalStockIndustrials
HASHasbro IncStockConsumer Discretionary
TCNTricon Capital GroupStockReal Estate
INTCIntelStockInformation Technology
CHDChurch DwightStockConsumer Staples
MMCMarsh McLennan CompaniesStockFinancials
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FlexShares Credit Top Holders

BNDCFlexShares Core SelectEtfIntermediate Core Bond
BBALXNorthern Global TacticalMutual FundWorld Allocation
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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.

FlexShares Credit Against Markets

When determining whether FlexShares Credit is a strong investment it is important to analyze FlexShares Credit'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 FlexShares Credit's future performance. For an informed investment choice regarding FlexShares Etf, refer to the following important reports:
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.
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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.