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  • ETF
  • IGU
    Pricing Data
    $69.00
    Change: $0.51 (0.01%)
    Time: 08/26/16
    Previous Close: $68.49
  • Category
  • Leveraged Bonds
Last Updated:

Profile

Vitals

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $55.80
  • 52 Week Hi: $71.75
  • AUM: $3.4 M
  • Shares: 0.1 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 145
  • 3 Month Avg. Volume: 141

Alternative ETFs in the Leveraged Bonds Category

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

Analyst Report

This leveraged ETF is designed to amplify exposure to investment grade corporate bonds, an asset class that falls between Treasuries and junk bonds along the risk/return spectrum. Given the risk inherent in any leveraged ETF, IGU isn't appropriate for any investor building a long-term portfolio that can be monitored irregularly; those seeking non-leveraged exposure to this asset class have a number of choices in the Corporate Bonds ETFdb Category, including products such as LQD and CBND. This product can be very useful for investors looking to make a shorter-term bet on this corner of the investment grade bond market and willing to take on a fair amount of risk in the process. Investors should be aware of the daily reset feature in IGU; this product is designed to deliver 200% exposure to the related index over a single holding period only; the effective leverage when held for longer or shorter than one day may vary from this target multiple. That doesn't mean that IGU can't be held for multiple sessions; this fund can be a very useful tool for those looking to be on investment grade debt over the long run, but investors should have a firm grasp on the ramifications of daily resets and the nuances of compounding returns.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for IGU 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 Leveraged Bonds 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.

Compare to another ETF

View the Category Report

IGU Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B- TBT
Expenses A- TBT
Performance
Volatility
Dividend
Concentration

Knowledge Centers

IGU In-Depth Analysis

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

IGU Holdings

Filings Data as of: Aug 02, 2016
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Concentration Analysis

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

Number of Holdings
Rank:
5
Category Low
Category High
% Assets in Top 10
Rank:
198.99%
Category Low
Category High

IGU Expenses & Fees

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

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Expenses Ratio Analysis

ETF Average
0.576%
ETF Wtd. Average
0.26%
Category Average
0.96%
Expense Ratio
Rank:
1.02%
Category Low
Category High

Commission Free Trading

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

Category Commission Free Trading

There are 0 other ETFs in the Leveraged Bonds ETFdb Category that are also eligible for commission free trading:

  • Ticker Brokerages

IGU Performance

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

1 Week Return
Rank:
2.88%
Category Low
Category High
4 Week Return
Rank:
1.17%
Category Low
Category High
13 Week Return
Rank:
9.18%
Category Low
Category High
26 Week Return
Rank:
22.67%
Category Low
Category High
Year to Date Return
Rank:
21.70%
Category Low
Category High
1 Year Return
Rank:
21.63%
Category Low
Category High
3 Year Return
Rank:
46.25%
Category Low
Category High
5 Year Return
Rank:
65.21%
Category Low
Category High

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 IGU relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

IGU Valuation

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

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

IGU Dividend

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

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Dividend
$0.24
Dividend Date
2016-06-22
Annual Dividend Rate
$0.94
Annual Dividend Yield
Rank:
1.36%
Category Low
Category High

IGU Technicals

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Volatility Analysis

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

5 Day Volatility
Rank:
118.16%
Category Low
Category High
20 Day Volatility
Rank:
36.89%
Category Low
Category High
50 Day Volatility
Rank:
29.24%
Category Low
Category High
200 Day Volatility
Rank:
24.79%
Category Low
Category High
Beta
Rank:
4.31
Category Low
Category High
Standard Deviation
Rank:
3.57%
Category Low
Category High

Technicals

  • 20 Day MA: $68.36
  • 60 Day MA: $64.36
  • MACD 15 Period: 0.81
  • MACD 100 Period: 7.61
  • Williams % Range 10 Day: n/a
  • Williams % Range 20 Day: 35.53
  • RSI 10 Day: 65
  • RSI 20 Day: 65
  • RSI 30 Day: 65
  • Ultimate Oscillator: 61

Bollinger Brands

  • Lower Bollinger (10 Day): $67.01
  • Upper Bollinger (10 Day): $69.43
  • Lower Bollinger (20 Day): $65.31
  • Upper Bollinger (20 Day): $71.42
  • Lower Bollinger (30 Day): $62.11
  • Upper Bollinger (30 Day): $71.71

Support & Resistance

  • Support Level 1: $69.00
  • Support Level 2: $69.00
  • Resistance Level 1: $69.00
  • Resistance Level 2: $69.00

Stochastic

  • Stochastic Oscillator %D (1 Day): 50.00
  • Stochastic Oscillator %D (5 Day): 91.68
  • Stochastic Oscillator %K (1 Day): 50.00
  • Stochastic Oscillator %K (5 Day): 80.23

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.