ETF Quote Details
|NAV (month end)||101.64|
|Premium (+)/Discount (-) (month end)||-2.67|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$1.12 (1.13%)|
The index seeks to track the performance of U.S. dollar-denominated Covered Bonds that are generally rated AAA. Covered Bonds are debt instruments issued by a financial institution that are secured by a segregated pool of financial assets, typically mortgages or public-sector loans.
The ProShares USD Covered Bond seeks investment results before fees and expenses that track the performance of the Solactive Diversified USD Covered Bond Index.