Bondbloxx Etf Trust Etf Performance
| BBBL Etf | 50.40 0.43 0.86% |
The etf shows a Beta (market volatility) of -0.0198, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning BondBloxx ETF are expected to decrease at a much lower rate. During the bear market, BondBloxx ETF is likely to outperform the market.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in BondBloxx ETF Trust are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent fundamental drivers, BondBloxx ETF is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
BondBloxx |
BondBloxx ETF Relative Risk vs. Return Landscape
If you would invest 5,001 in BondBloxx ETF Trust on September 1, 2024 and sell it today you would earn a total of 39.00 from holding BondBloxx ETF Trust or generate 0.78% return on investment over 90 days. BondBloxx ETF Trust is currently generating 0.0142% in daily expected returns and assumes 0.6416% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than BondBloxx, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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BondBloxx ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BondBloxx ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as BondBloxx ETF Trust, and traders can use it to determine the average amount a BondBloxx ETF'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 = 0.0221
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BBBL |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average BondBloxx ETF is performing at about 1% 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 BondBloxx ETF by adding it to a well-diversified portfolio.
About BondBloxx ETF Performance
By examining BondBloxx ETF's fundamental ratios, stakeholders can obtain critical insights into BondBloxx ETF'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 BondBloxx ETF 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.
BondBloxx ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.