SKOR ETF ANALYSIS

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SKOR ETF FUNDAMENTALS
SKOR ETF PERFORMANCE

SKOR ISSUER

The iShares Investment Grade Corporate Bond ETF (SKOR) is managed by BlackRock, one of the world's largest and most respected asset management firms. This ETF seeks to provide investors with exposure to a diversified universe of intermediate maturity, US-dollar denominated bonds of companies with investment-grade credit quality. The underlying index that SKOR tracks employs a meticulous rules-based methodology, selecting and weighting securities based on proprietary value and quality scores, among other factors. BlackRock's transparent and objective approach to managing SKOR makes it an attractive option for investors seeking exposure to high-quality corporate bonds with favorable valuations.

SKOR DIVIDEND

While the Global X SuperDividend® ETF (SKOR) primarily seeks to provide exposure to high dividend-yielding stocks from around the world, its dividend distribution strategy is influenced by the dividend policies and performances of its constituent companies. Investors can expect dividend distributions on a regular basis, typically reflecting the income generated by the underlying portfolio. SKOR's investment approach aims to capture attractive yields while maintaining diversification across regions and sectors, making it a potential choice for income-oriented investors seeking global dividend opportunities.

SKOR TRACKING

Tracking the NTI Intermediate Credit Quality Bond Index is the primary objective of the SKOR ETF. This exchange-traded fund seeks to replicate the performance of a diversified universe of intermediate maturity, US-dollar denominated bonds issued by companies with investment-grade credit quality, favorable valuations, and enhanced short-term and long-term solvency. To achieve this, SKOR employs a rules-based methodology that selects and weights securities based on a proprietary value score and quality score, with a focus on maximizing exposure to high-value and high-quality securities. The ETF aims to maintain a similar effective duration profile relative to its eligible universe, providing investors with a convenient way to access a diversified portfolio of investment-grade corporate bonds. As of its most recent data available as of December 31, 2022, the NTI Intermediate Credit Quality Bond Index consisted of 2,516 issues, and SKOR tracks this index diligently to achieve its investment objective.

SKOR CORRELATION

The correlation aspect of the FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is primarily influenced by the underlying index it tracks. This ETF is designed to reflect the performance of a diversified universe of intermediate maturity, US-dollar denominated bonds of companies with investment-grade credit quality. Given its focus on investment-grade bonds, SKOR generally exhibits a moderate to low correlation with equity markets, making it a potential choice for investors seeking fixed-income exposure with less sensitivity to stock market fluctuations. For more detailed insights into SKOR's correlations and its relationship with various asset classes, investors can utilize ETF Insider's web app, which offers comprehensive data visualization tools and the ability to analyze overlaps with other US ETFs. ETF Insider's platform can provide valuable insights into how SKOR's correlations may impact a portfolio's risk and return characteristics, allowing investors to make more informed investment decisions.

SKOR SECTOR

The Global X SuperDividend® U.S. ETF (SKOR) primarily focuses on high-dividend-yielding stocks in the United States. SKOR's portfolio includes a mix of companies from various sectors, but it particularly emphasizes dividend-paying stocks. This sector concentration aims to provide investors with consistent income through dividends, making it appealing to income-focused investors. However, it's important to note that SKOR's performance may be influenced by the dividend policies of the underlying companies, and sector-specific risks can still play a role in its overall performance.

SKOR EXPOSURE

The exposure characteristic of the FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) is designed to reflect the performance of a diversified universe of intermediate maturity, US-dollar denominated bonds of companies with investment-grade credit quality, favorable valuations, and enhanced short-term and long-term solvency. Securities eligible for inclusion in the Underlying Index must meet stringent criteria, including being issued in U.S. dollars, registered with the SEC or eligible for resale under Rule 144A, and having a minimum credit rating of Baa3 or BBB-. The primary objective of SKOR's exposure is to maximize exposure to securities with high value and quality scores while maintaining a similar effective duration profile relative to its eligible universe. SKOR seeks to provide investors with a balanced and optimized exposure to the US corporate bond market through a transparent, rules-based approach.For a more in-depth analysis of SKOR's exposure and to explore its holdings, correlations, and other relevant data, you can utilize our tool, ETF Insider. With this web app, you can gain valuable insights into SKOR and other US ETFs, helping you make informed investment decisions.

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FREQUENTLY ASKED QUESTIONS

Can you explain the correlation of SKOR with the U.S. equity market?
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How does SKOR provide exposure to the U.S. equity market?
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How does SKOR's dividend strategy compare to other funds like QQQ and IWM?
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What does SKOR mean on the stock market?
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What does SKOR stand for on the stock market?
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What is the sector composition of SKOR?
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