COBO USD Covered Bond

  • ETF
  • COBO
  • Category
  • Mortgage Backed Securities
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COBO - Profile

Vitals

Investment Themes

Alternative ETFs in the Mortgage Backed Securities Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Description

The index seeks to track the performance of U.S. dollar-denominated Covered Bonds that are generally rated AAA (or its equivalent). 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.

Realtime Rating

COBO - Realtime Rating

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Realtime Rating Summary

COBO is a passive ETF that seeks to replicate BNP Paribas Diversified USD Covered Bond Index. The index seeks to track the performance of U.S. dollar-denominated Covered Bonds that are generally rated AAA (or its equivalent). 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 adjacent table gives investors an individual Realtime Rating for COBO on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Mortgage Backed Securities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

COBO Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B- MBB
Expenses C+ VMBS
Performance
Volatility
Dividend
Concentration

Knowledge Center

Sector ETFs

Alternative ETFs

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Emerging Market ETFs

COBO In-Depth Analysis

The following tables and charts contain in-depth metrics for COBO and compare it to similar peer ETFs within its ETFdb Category.

Holdings

COBO - Holdings

Filings Data as of: Jul 05, 2015
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Top Ten Holdings

  1. Royal Bk Cda 2%
    5.12%
  2. Stadshypotek Ab 144a 144A 1.25%
    4.83%
  3. Sparebank 1 Boligkreditt 144a 144A 1.25%
    4.83%
  4. Toronto Dominion Bank 144A 1.625%
    4.76%
  5. Ing Bk Nv 144A 2.625%
    4.68%
  6. Commonwealth Bk Australia 14 144A 1.875%
    4.59%
  7. Barclays Bk Plc 144a 144A 2.25%
    4.58%
  8. Natl Australia Bk Ltd144a 144A 2%
    4.54%
  9. Dnb Nor Boligkreditt As 144A 1.45%
    4.09%
  10. Bank of Nova Scotia 144A FRN
    4.09%

Concentration Analysis

This section compares how balanced and deep COBO is relative to the peer group ETFdb Category.

Number of Holdings
COBO Rank:
COBO 27
Category Low
Category High
% Assets in Top 10
COBO Rank:
COBO 46.11%
Category Low
Category High

COBO Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 0.0%
International Bonds 99.54%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 0.46%
Other 0.0%

COBO Bond Sector Breakdown

Bond Sector Percentage
Treasury 0.0%
TIPS 0.0%
U.S. Agency 0.0%
MBS 0.0%
U.S. Corporate 0.0%
Asset-Backed 0.0%
Convertible 0.0%
Muni 0.0%
Foreign Government 0.0%
Foreign Corporate 0.0%
Other 100.0%

COBO Bond Detailed Sector Breakdown

Bond Sector Percentage
Corporate Bond 96.43%
Covered Bond 3.11%
Cash And Equivalents 0.46%
Agency Mortgage Backed 0.0%
Asset Backed 0.0%
Future Forward 0.0%
Commercial Mortgage Backed 0.0%
Non Agency Residential Mortgage Backed 0.0%
Sector Swap 0.0%
Preferred 0.0%
Option Warrant 0.0%
Convertible 0.0%
Bank Loan 0.0%
US Municipal Tax Advantaged 0.0%
Municipal Taxable 0.0%
Government Related 0.0%
Government 0.0%

COBO Coupon Breakdown

Coupon Range Percentage
0% to 1% 4.09%
1% to 2% 58.59%
2% to 3% 33.0%
3% to 4% 0.0%
4% to 5% 0.0%
5% to 6% 3.87%
6% to 7% 0.0%
7% to 8% 0.0%
8% to 9% 0.0%
9% to 10% 0.0%
Greater Than 10% 0.0%

COBO Credit Quality

Credit Percentage

COBO Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 51.96%
3-5 Years 42.9%
5-7 Years 0.0%
7-10 Years 4.68%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Expense

COBO - Expenses & Fees

This section compares the cost efficiency of COBO to peers in the same ETFdb Category.

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Expenses Ratio Analysis

Expense Ratio
COBO Rank:
COBO 0.35%
Category Low
Category High

Commission Free Trading in COBO

COBO is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 3 other ETFs in the Mortgage Backed Securities ETFdb Category that are also eligible for commission free trading:

Performance

COBO - Performance

This section shows how COBO has performed relative to its peer group ETFdb Category.

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1 Week Return
COBO Rank:
COBO -1.16%
Category Low
Category High
4 Week Return
COBO Rank:
COBO 0.47%
Category Low
Category High
13 Week Return
COBO Rank:
COBO -0.84%
Category Low
Category High
26 Week Return
COBO Rank:
COBO -1.28%
Category Low
Category High
Year to Date Return
COBO Rank:
COBO -0.47%
Category Low
Category High
1 Year Return
COBO Rank:
COBO -0.33%
Category Low
Category High
3 Year Return
COBO Rank:
COBO 0.92%
Category Low
Category High
5 Year Return
COBO Rank:
No Ranking Available
Category Low
Category High
Charts

COBO - Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of COBO relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

Valuation

COBO - Valuation

This section shows how the P/E multiple of COBO compares to the peer group ETFdb Category.

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P/E Ratio
COBO Rank:
No Ranking Available
Category Low
Category High

As of Jul 31, 2015

Dividend

COBO - Dividend

This section shows how the dividend yield of COBO compares to the peer group ETFdb Category.

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Annual Dividend Yield
COBO Rank:
COBO 1.08%
Category Low
Category High

As of Jul 31, 2015

Technicals

COBO - Technicals

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COBO Volatility Analysis

This section shows how the volatility of COBO compares to the peer group ETFdb Category.

5 Day Volatility
COBO Rank:
COBO 12.48%
Category Low
Category High
20 Day Volatility
COBO Rank:
COBO 6.30%
Category Low
Category High
50 Day Volatility
COBO Rank:
COBO 6.39%
Category Low
Category High
200 Day Volatility
COBO Rank:
COBO 6.88%
Category Low
Category High
Beta
COBO Rank:
COBO 0.49
Category Low
Category High
Standard Deviation
COBO Rank:
COBO 0.60%
Category Low
Category High

COBO Technicals

  • 20 Day MA: $99.36
  • 60 Day MA: $99.69
  • MACD 15 Period: -0.42
  • MACD 100 Period: -0.76
  • Williams % Range 10 Day: 80.56
  • Williams % Range 20 Day: 71.60
  • RSI 10 Day: 40
  • RSI 20 Day: 44
  • RSI 30 Day: 45
  • Ultimate Oscillator: 31

COBO Bollinger Bands

  • Lower Bollinger (10 Day): $98.80
  • Upper Bollinger (10 Day): $100.88
  • Lower Bollinger (20 Day): $98.04
  • Upper Bollinger (20 Day): $100.64
  • Lower Bollinger (30 Day): $98.21
  • Upper Bollinger (30 Day): $100.55

COBO Support & Resistance

  • Support Level 1: $99.16
  • Support Level 2: $99.16
  • Resistance Level 1: $99.16
  • Resistance Level 2: $99.16

COBO Stochastic

  • Stochastic Oscillator %D (1 Day): 50.97
  • Stochastic Oscillator %D (5 Day): 40.87
  • Stochastic Oscillator %K (1 Day): 52.56
  • Stochastic Oscillator %K (5 Day): 65.86
Fact Sheet

COBO - Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.