ETF Quote Details
|NAV (month end)||55.98|
|Premium (+)/Discount (-) (month end)||-0.59|
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)||$0.99 (1.78%)|
|Issuer||STATE STREET GLOBAL ADVISORS|
This Index is a float adjusted modified-market capitalization-weighted index that seeks to reflect the performance of the broad and diverse U.S. mortgage finance industry of publicly traded companies. The Mortgage Index is currently comprised of common stocks listed on the NYSE or another U.S. national securities exchange, or NASDAQ.
The SPDR S&P Mortgage Finance ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mortgage Finance Select Industry Index, an index derived from the mortgage banking, processing and marketing segment of the U.S. financial services industry.