COBO - USD Covered Bond

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.

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COBO - Profile


Summary Data for COBO

52 Week Lo: $97.07 52 Week Hi: $102.23
AUM: $6.6 M Shares: 0.1 M
Avg. Volume (1 month) 227 Avg. Volume (3 month) 1,162
Filings Data as of:

COBO - Holdings

Top Ten Holdings

  1. Toronto Dominion Bank 144A 1.5%: 6.64%
  2. Royal Bk Cda 2%: 6.09%
  3. Cdn Imperial Bk Comm Toronto 144A 2.75%: 4.73%
  4. Dnb Nor Boligkreditt As 144A 1.45%: 4.70%
  5. Nordea Eiendomskreditt 2011-3 2.125%: 4.69%
  6. Barclays Bk Plc 144a 144A 2.25%: 4.63%
  7. Commonwealth Bk Australia 14 144A 1.875%: 4.58%
  8. Credit Suisse Guernsey Brh 144A 2.6%: 4.57%
  9. Caisse Centrale Desjardins 2.55%: 4.53%
  10. Natl Bk Of Canada 144A FRN: 4.43%
%Assets in Top 10: 49.59%
Total Holdings: 25.0

COBO Asset Allocation


Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 0.0%
International Bonds 98.59%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 1.41%
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 87.59%
Asset Backed 4.69%
Commercial Mortgage Backed 3.17%
Covered Bond 3.14%
Cash And Equivalents 1.41%
Agency Mortgage Backed 0.0%
Future Forward 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% 0.0%
1% to 2% 57.6%
2% to 3% 40.98%
3% to 4% 0.0%
4% to 5% 0.0%
5% to 6% 0.0%
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 50.56%
3-5 Years 37.72%
5-7 Years 10.3%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
© 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.

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.

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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.

COBO - Fundamentals

COBO Performance

1 Week Return: 1.80%
2 Week Return: 1.88%
4 Week Return: 1.80%
13 Week Return: 2.48%
26 Week Return: 2.15%
YTD Return: 3.29%
1 Year Return: 2.94%
3 Year Return: n/a
5 Year Return: n/a

COBO Expenses & Fees

COBO Valuation

P/E Ratio: n/a
Beta: -0.38
20 Day Moving Average: $100.72
60 Day Moving Average: $100.54

COBO Dividend

Annual Dividend Rate: $0.96
Dividend Date: 2014-10-01
Dividend: $0.08
Annual Dividend Yield %: 0.95%

COBO Volatility

5 Day Volatility: 10.58%
20 Day Volatility: 6.28%
50 Day Volatility: 4.52%
200 Day Volatility: 4.21%
Standard Deviation: 0.75%

COBO - Technicals

COBO Technicals

20 Day MA: $100.72
60 Day MA: $100.54
MACD 15 Period: 1.39
MACD 100 Period: 1.69
Williams % Range 10 Day: n/a
Williams % Range 20 Day: n/a
RSI 10 Day: 79
RSI 20 Day: 72
RSI 30 Day: 67
Ultimate Oscillator: 87

COBO Bollinger Bands

Lower Bollinger (10 Day): $99.48
Upper Bollinger (10 Day): $102.69
Lower Bollinger (20 Day): $99.38
Upper Bollinger (20 Day): $102.07
Lower Bollinger (30 Day): $99.47
Upper Bollinger (30 Day): $101.77

COBO Support & Resistance

Support Level 1: n/a
Support Level 2: $102.23
Resistance Level 1: n/a
Resistance Level 2: $102.23

COBO Stochastic

Stochastic Oscillator %D (1 Day): 49.33
Stochastic Oscillator %D (5 Day): 82.99
Stochastic Oscillator %K (1 Day): 47.94
Stochastic Oscillator %K (5 Day): 61.20

COBO Volatility

5 Day Volatility: 10.58%
20 Day Volatility: 6.28%
50 Day Volatility: 4.52%
200 Day Volatility: 4.21%
Standard Deviation: 0.75%

COBO - ETFdb Realtime Rating & Analyst Report

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.

ETFdb Category Expense Ratio Inception Date Issuer Structure YTD Return *
Mortgage Backed Securities 0.35 2012-05-23 ProShares ETF +3.29%

COBO Realtime Rating: By Metric

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B-
Expenses C+
Performance ETFdb Pro Members Only
Volatility ETFdb Pro Members Only
Dividend ETFdb Pro Members Only
Concentration ETFdb Pro Members Only

The first adjacent table gives investors an individual Realtime Rating for COBO on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Mortgage Backed Securities ETFdb Category with the highest Metric Realtime Rating for each individual field.

COBO Realtime Rating: Overall

ETFdb Rating Type Overall Rating A+ Overall Rated ETF
Realtime Rating (Overall) ETFdb Pro Members Only ETFdb Pro Members Only

The second table shows the overall Realtime Rating for COBO, as well as the A+ Overall Rated ETF in COBO's Category. 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.

ETFdb Analyst Report for COBO

This ETF offers exposure to covered bonds, a corner of the fixed income market that is often times overlooked but may offer an appealing risk/return profile for more conservative investors looking to round out their portfolio’s fixed income component. Covered bonds are a subset of corporate bonds...

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