XOVR - SPDR BofA Merrill Lynch Crossover Corporate Bond ETF

Description: This index is designed to measure the performance of US dollar denominated BBB and BB corporate debt publicly issued in the US domestic market. “Crossover” corporate debt generally means corporate debt rated at levels where the lower end of investment grade debt and the higher end of high yield debt meet. Qualifying securities must be rated BBB1 through BB3, inclusive (based on an average of Moody's Investors Services, Inc. Fitch, or Standard & Poor's, Inc.. Qualifying corporate issuers must have a primary risk exposure to an FX G10 or Western European country, or a territory of the US or a Western European country.

Last Updated:

XOVR - Profile


Summary Data for XOVR

52 Week Lo: $24.21 52 Week Hi: $26.82
AUM: $31.4 M Shares: 1.2 M
Avg. Volume (1 month) 24,791 Avg. Volume (3 month) 12,883
Filings Data as of:

XOVR - Holdings

Top Ten Holdings

  1. Sallie Mae 6%: 0.81%
  2. Cit Grp 4.25%: 0.78%
  3. Calpine 144A 7.875%: 0.55%
  4. Frontier Comms 8.5%: 0.55%
  5. Barclays Bk 7.625%: 0.53%
  6. Verizon Comms 4.5%: 0.52%
  7. Gmac 8%: 0.49%
  8. Amgen 6.4%: 0.49%
  9. Verizon Comms 6.55%: 0.49%
  10. Verizon Comms 6.4%: 0.48%
%Assets in Top 10: 5.68%
Total Holdings: 475.0

XOVR Asset Allocation


Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 74.91%
International Bonds 19.43%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 5.66%
Other 0.0%

XOVR 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%

XOVR Bond Detailed Sector Breakdown


Bond Sector Percentage
Corporate Bond 84.1%
Government 8.64%
Cash And Equivalents 5.66%
Convertible 1.11%
Commercial Mortgage Backed 0.49%
Agency Mortgage Backed 0.0%
Asset Backed 0.0%
Non Agency Residential Mortgage Backed 0.0%
Covered Bond 0.0%
Preferred 0.0%
Sector Swap 0.0%
Future Forward 0.0%
Bank Loan 0.0%
US Municipal Tax Advantaged 0.0%
Municipal Taxable 0.0%
Government Related 0.0%
Option Warrant 0.0%

XOVR Coupon Breakdown


Coupon Range Percentage
0% to 1% 0.0%
1% to 2% 1.33%
2% to 3% 5.23%
3% to 4% 10.71%
4% to 5% 21.88%
5% to 6% 22.12%
6% to 7% 20.29%
7% to 8% 10.3%
8% to 9% 2.36%
9% to 10% 0.13%
Greater Than 10% 0.0%

XOVR Credit Quality


Credit Percentage
AAA 0.92%
AA 0.0%
A 0.74%
BBB 98.34%
BB 0.0%
B 0.0%
Below B 0.0%
Not Rated 0.0%

XOVR Maturity Breakdown


Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 12.16%
3-5 Years 13.83%
5-7 Years 18.95%
7-10 Years 32.13%
10-15 Years 1.09%
15-20 Years 3.51%
20-30 Years 12.26%
30+ Years 0.41%
© 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.

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

XOVR - Fundamentals

XOVR Performance

1 Week Return: 0.61%
2 Week Return: -0.68%
4 Week Return: -0.63%
13 Week Return: 0.36%
26 Week Return: 3.45%
YTD Return: 7.23%
1 Year Return: 8.13%
3 Year Return: n/a
5 Year Return: n/a

XOVR Expenses & Fees

  • Expense Ratio: 0.30%
  • Category: High Yield Bonds
  • Category Range: 0.30% to 1.45%
  • Category Average: 0.56%

XOVR Valuation

P/E Ratio: n/a
Beta: 0.67
20 Day Moving Average: $26.47
60 Day Moving Average: $26.37

XOVR Dividend

Annual Dividend Rate: $1.04
Dividend Date: 2014-09-02
Dividend: $0.09
Annual Dividend Yield %: 3.99%

XOVR Volatility

5 Day Volatility: 11.88%
20 Day Volatility: 6.57%
50 Day Volatility: 6.09%
200 Day Volatility: 5.58%
Standard Deviation: 0.70%

XOVR - Technicals

XOVR Technicals

20 Day MA: $26.47
60 Day MA: $26.37
MACD 15 Period: -0.05
MACD 100 Period: 0.12
Williams % Range 10 Day: 48.72
Williams % Range 20 Day: 65.89
RSI 10 Day: 49
RSI 20 Day: 50
RSI 30 Day: 51
Ultimate Oscillator: 53

XOVR Bollinger Bands

Lower Bollinger (10 Day): $26.16
Upper Bollinger (10 Day): $26.56
Lower Bollinger (20 Day): $26.19
Upper Bollinger (20 Day): $26.75
Lower Bollinger (30 Day): $26.18
Upper Bollinger (30 Day): $26.73

XOVR Support & Resistance

Support Level 1: n/a
Support Level 2: $26.33
Resistance Level 1: n/a
Resistance Level 2: $26.43

XOVR Stochastic

Stochastic Oscillator %D (1 Day): 55.77
Stochastic Oscillator %D (5 Day): 48.50
Stochastic Oscillator %K (1 Day): 51.54
Stochastic Oscillator %K (5 Day): 35.08

XOVR Volatility

5 Day Volatility: 11.88%
20 Day Volatility: 6.57%
50 Day Volatility: 6.09%
200 Day Volatility: 5.58%
Standard Deviation: 0.70%

XOVR - ETFdb Realtime Rating & Analyst Report

XOVR is a passive ETF that seeks to replicate BofA Merrill Lynch US Diversified Crossover Corporate Index. This index is designed to measure the performance of US dollar denominated BBB and BB corporate debt publicly issued in the US domestic market. “Crossover” corporate debt generally means corporate debt rated at levels where the lower end of investment grade debt and the higher end of high yield debt meet. Qualifying securities must be rated BBB1 through BB3, inclusive (based on an average of Moody's Investors Services, Inc. Fitch, or Standard & Poor's, Inc.. Qualifying corporate issuers must have a primary risk exposure to an FX G10 or Western European country, or a territory of the US or a Western European country.

ETFdb Category Expense Ratio Inception Date Issuer Structure YTD Return *
High Yield Bonds 0.3 2012-06-18 State Street SPDR ETF +7.23%

XOVR Realtime Rating: By Metric

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity C+
Expenses A
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 XOVR 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 High Yield Bonds ETFdb Category with the highest Metric Realtime Rating for each individual field.

XOVR 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 XOVR, as well as the A+ Overall Rated ETF in XOVR'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 XOVR

This high yield bond ETF offers a unique risk-return profile given its innovative strategy. Whereas most corporate bond ETFs focus specifically on one credit-quality level within the bond universe, XOVR holds a portfolio comprised of both high and low quality debt securities. This ETF is split ev...

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