4 min readBy Ron Koren ETF Insider
FKRCX VS PHYG
Compare the FKRCX and PHYG ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies.
The issuer of the ProShares UltraPro QQQ ETF (ULTR) is ProShares, a leading provider of exchange-traded funds (ETFs) known for offering a wide range of leveraged and inverse ETFs. Established in 2006, ProShares has built a reputation for providing innovative investment solutions that cater to both bullish and bearish market sentiments. The ULTR ETF seeks to provide investors with triple the daily performance of the Nasdaq-100 Index, making it a popular choice for traders looking for amplified exposure to the tech-heavy index. ProShares has consistently demonstrated its commitment to delivering investment opportunities that align with market trends and investor preferences, making it a notable player in the ETF industry.
The ULTR Dividend is reflective of the dividend distribution within the ProShares Ultra QQQ ETF (ULTR). While ULTR primarily aims to provide double the daily performance of the NASDAQ-100 Index and doesn't prioritize dividends, it still distributes dividends to investors. These dividend payments are typically made on a quarterly basis, and their size is determined by the dividend policies and performances of the individual companies within the NASDAQ-100 Index. Investors in ULTR may benefit from potential capital appreciation along with occasional dividend returns, although the fund's primary focus remains on tracking the index's performance.
ULTR is an actively managed ETF that does not seek to replicate the performance of a specific index. Instead, the fund utilizes an active management strategy to achieve its investment objective. Consequently, investors should not anticipate ULTR's returns to closely mirror those of any particular index or market over any given period. Under normal circumstances, ULTR invests at least 80% of its net assets in fixed income securities. The fund typically focuses on fixed income securities rated BBB- or A-2 or higher by S&P Global Ratings, BBB- or F-2 or higher by Fitch Ratings, Inc., or Baa3 or Prime-2 or higher by Moody’s Investors Service, Inc. If unrated, the fund's management will determine their quality. ULTR may also invest in ETFs and closed-end funds primarily holding investment-grade fixed-income securities. The fund's debt securities range from U.S. government securities to various types of corporate bonds, asset-backed securities, commercial paper, and more. ULTR aims to maintain a weighted average duration of one year or less, indicating its sensitivity to interest rate changes is limited. Managed by NYL Investors LLC, the subadvisor employs a value-oriented investment process, taking into consideration factors like spread, duration, yield, and liquidity when allocating across sectors and securities. The subadvisor's disciplined approach, emphasizing strategic duration management, yield curve positioning, tactical sector allocation, and security selection, is geared toward preserving capital and minimizing price volatility. The subadvisor may sell a security if it deems it no longer aligns with the fund's investment objective, factoring in changes in the issuer's financial condition and broader economic trends.
The correlation aspect of the actively managed ETF, ULTR (Ultra Short Duration Income ETF), is an essential factor for investors to consider. As a fixed income ETF, ULTR primarily invests in short-duration fixed income securities, aiming to provide stable returns with limited exposure to interest rate fluctuations. Consequently, its correlation with interest rate movements and broader bond markets is a critical factor in understanding its performance. ULTR's strategy of maintaining a short weighted average duration of 1 year or less makes it a valuable tool for investors seeking to manage interest rate risk within their portfolios. To delve deeper into ULTR's correlations and explore its behavior in various market conditions, investors can utilize the ETF Insider web app, which offers comprehensive data and visualization tools for analyzing correlations with other assets and sectors. This tool provides valuable insights into ULTR's performance and its potential role in a diversified investment strategy, helping investors make informed decisions.
The Alternative Sources ULTR ETF (ULTR) primarily focuses on alternative energy sources and sustainable technologies. This sector is dedicated to investing in companies that are at the forefront of renewable energy, including solar, wind, and hydroelectric power, as well as innovative technologies aimed at reducing carbon emissions. The ULTR Sector ETF offers investors the opportunity to support the transition to cleaner energy sources and participate in the growth of the sustainable energy sector.
The ETRACS Quarterly Pay 1.5X Leveraged MarketVector BDC Liquid Index ETN (ULTR) offers investors a unique opportunity with its 1.5 times leveraged long exposure to the compounded quarterly performance of the MVIS US Business Development Companies Index. Focusing on the business development sector in the United States, ULTR provides a leveraged play on the performance of companies engaged in financing and supporting small and mid-sized businesses. To explore ULTR's exposure in greater detail, investors can turn to ETF Insider's web app, which offers comprehensive insights and data visualization tools to uncover correlations and overlaps with other assets in their portfolios.
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4 min readCompare the FKRCX and PHYG ETFs with our thorough analysis. Dive into the performance metrics, underlying assets, and investment strategies.
5 min readThe ETF with PepsiCo Inc. and Intuit Inc. Exposure (Nasdaq) exposure provides investors with an opportunity to diversify their portfolio while gaining insight into the performance and potential of PepsiCo Inc. and Intuit Inc. Exposure (Nasdaq). This ETF offers a comprehensive view of the company's standing in the market, its historical performance, and future prospects.
5 min readThe ULTR ETF is a specialized investment fund that focuses on global companies in the relevant sectors. This exchange-traded fund offers investors exposure to a diverse range of innovative and cutting-edge companies engaged in advancements in the industry. Discover the potential growth opportunities and risks associated with investing in this dynamic sector through the ULTR ETF.
ETF Insider is a novel portfolio optimization tool that uses the power of data visualization to gain insight into portfolio compositions, concentration risks, portfolio efficiency and more. Complex financial data can be transformed into visually appealing and easily digestible graphs and charts, allowing investors to quickly identify trends and make well-informed investment decisions. Not only does this save time, but it also increases the accuracy and effectiveness of portfolio management.
