Touchstone Strategic Income Etf Profile
| SIO Etf | USD 25.94 0.01 0.04% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Touchstone Strategic is selling at 25.94 as of the 27th of November 2024; that is 0.04 percent decrease since the beginning of the trading day. The etf's open price was 25.95. Touchstone Strategic 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 Touchstone Strategic Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
The fund invests, under normal market conditions, at least 80 percent of its assets in income producing fixed-income securities. Touchstone Strategic is traded on NYSEARCA Exchange in the United States. More on Touchstone Strategic Income
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Touchstone Etf Highlights
| Thematic Idea | Broad Debt ETFs (View all Themes) |
| Business Concentration | Broad Debt ETFs, Multisector Bond, Touchstone (View all Sectors) |
| Issuer | Touchstone Investments |
| Inception Date | 2022-07-21 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 163.59 Million |
| Asset Type | Fixed Income |
| Category | Broad Debt |
| Focus | Broad Debt |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Touchstone Advisors, Inc. |
| Advisor | Touchstone Advisors, Inc. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Daniel J. Carter, Austin R. Kummer, Brendan M. White |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 192 |
| Market Maker | Jane Street |
| Total Expense | 0.87 |
| Management Fee | 0.55 |
| 200 Day M A | 25.6329 |
| Country Name | USA |
| 50 Day M A | 26.1016 |
| Code | SIO |
| Updated At | 27th of November 2024 |
| Returns Y T D | 6.93 |
| Name | Touchstone Strategic Income Opportunities ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG00K7T48Y5 |
| Type | ETF |
| 1y Volatility | 6.44 |
Touchstone Strategic Income [SIO] is traded in USA and was established 2022-07-21. The fund is classified under Multisector Bond category within Touchstone family. The entity is thematically classified as Broad Debt ETFs. Touchstone Strategic at this time have 95.79 M in assets. , while the total return for the last year was 11.7%.
Check Touchstone Strategic Probability Of Bankruptcy
Geographic Allocation (%)
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 Touchstone Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Touchstone 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 Touchstone Strategic Income 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 Touchstone Strategic Income Etf Constituents
| XOM | Exxon Mobil Corp | Stock | Energy | |
| TXN | Texas Instruments Incorporated | Stock | Information Technology | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| RTX | Raytheon Technologies Corp | Stock | Industrials | |
| PM | Philip Morris International | Stock | Consumer Staples | |
| BAC | Bank of America | Stock | Financials | |
| SWK | Stanley Black Decker | Stock | Industrials | |
| GS | Goldman Sachs Group | Stock | Financials |
Touchstone Strategic 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 Touchstone Strategic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.61) |
Touchstone Strategic Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Touchstone Strategic Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Touchstone Strategic is measured differently than its book value, which is the value of Touchstone that is recorded on the company's balance sheet. Investors also form their own opinion of Touchstone Strategic's value that differs from its market value or its book value, called intrinsic value, which is Touchstone Strategic'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 Touchstone Strategic's market value can be influenced by many factors that don't directly affect Touchstone Strategic'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 Touchstone Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touchstone Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone Strategic'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.