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  • ETF
  • SJB
    Pricing Data
    $22.74
    Change: $0.17 (0.01%)
    Time: 01/22/19
    Previous Close: $22.57
  • Category
  • Inverse Bonds
Last Updated:

Profile

Vitals

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $22.39
  • 52 Week Hi: $24.05
  • AUM: $137.8 M
  • Shares: 6.1 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 234,890
  • 3 Month Avg. Volume: 172,584

Alternative ETFs in the Inverse Bonds Category

Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest TAPR 0.43% $15.0 M 3,956 4.68%
Largest (AUM) TBF 0.91% $437.6 M 571,795 1.12%
Most Liquid (Volume) TBF 0.91% $437.6 M 571,795 1.12%
Top YTD Performer TAPR 0.43% $15.0 M 3,956 4.68%

Analyst Report

This ETF is designed to deliver daily inverse exposure to an index comprised of junk bonds, an asset class that generally delivers high expected returns and features considerable risk of default. As such, SJB probably isn't that useful for investors looking to build a portfolio for the long run; this ETF is more useful as a tool for implementing a tactical bet against the junk bond sector. Those looking to bet against the investment grade bond market may prefer SAGG, while IGS offers an easy way to establish a short position in investment grade corporate debt. Investors should be aware that SJB features a daily reset of exposure, meaning that it will deliver -100% returns of the underlying index for a single trading period only. This fund may still be useful for establishing a short position over a longer period of time, but investors should understand the nuances of compounding returns and be prepared to monitor / rebalance this position as necessary. It should also be noted that there are some differences between using an inverse ETF and shorting a traditional long ETF; the potential for loss and volatility will differ between these two strategies.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for SJB 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 Inverse 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

SJB Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A TBF
Expenses C+ TAPR
Performance
Volatility
Dividend
Concentration

SJB 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.com Category.

SJB Holdings

Filings Data as of: Jan 18, 2019

All 966 Holdings

Concentration Analysis

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

Number of Holdings
Rank: 2 of 12
966
Category Low DFVS (1)
Category High SAGG (7628)
% Assets in Top 10
Rank: 1 of 12
4.13%
Category Low SJB (4.13%)
Category High DTYS (100.00%)
% Assets in Top 15
Rank: 12 of 12
5.82%
Category Low SJB (5.82%)
Category High DTYS (100.00%)
% Assets in Top 50
Rank: 12 of 12
14.91%
Category Low SJB (14.91%)
Category High TBF (100.00%)

SJB Expenses & Fees

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

Expenses Ratio Analysis

ETF Average
0.545%
ETF Wtd. Average
0.21%
Category Average
0.70%
Expense Ratio
Rank: 12 of 12
0.95%
Category Low TAPR (0.43%)
Category High SJB (0.95%)

Commission Free Trading

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

Category Commission Free Trading

There are 25 other ETFs in the Inverse Bonds ETFdb.com Category that are also eligible for commission free trading:

SJB ESG Themes and Scores

SJB does not have an ESG score. There are no ESG themes that map to this ETF.

SJB Performance

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

1 Week Return
Rank: 7 of 11
0.04%
Category Low TYBS (-0.24%)
Category High DFVS (8.25%)
4 Week Return
Rank: 10 of 11
-5.45%
Category Low DTUS (-5.64%)
Category High DLBS (2.70%)
13 Week Return
Rank: 2 of 12
-0.24%
Category Low TAPR (-20.36%)
Category High FLAT (3.50%)
26 Week Return
Rank: 3 of 12
-0.22%
Category Low DTYS (-13.13%)
Category High FLAT (5.22%)
Year to Date Return
Rank: 11 of 11
-3.32%
Category Low SJB (-3.32%)
Category High TAPR (4.68%)
1 Year Return
Rank: 11 of 12
-0.60%
Category Low DTYS (-3.42%)
Category High FLAT (7.33%)
3 Year Return
Rank: 12 of 12
-22.88%
Category Low SJB (-22.88%)
Category High DTUS (22.03%)
5 Year Return
Rank: 7 of 11
-21.16%
Category Low DLBS (-45.63%)
Category High FLAT (16.93%)

SJB Fund Flows

This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.

1 Week Fund Flow
Rank: 2 of 3
$8.0 M
Category Low DTYS ($0.5 M)
Category High TBF ($9.1 M)
4 Week Fund Flow
Rank: 1 of 6
$16.0 M
Category Low TBF (‑$27.2 M)
Category High SJB ($16.0 M)
13 Week Fund Flow
Rank: 1 of 8
$14.8 M
Category Low TBF (‑$77.4 M)
Category High SJB ($14.8 M)
26 Week Fund Flow
Rank: 7 of 10
‑$8.0 M
Category Low TBF (‑$161.7 M)
Category High DFVS (‑$0.2 M)
Year to Date Fund Flow
Rank: 1 of 6
$13.6 M
Category Low TAPR (‑$1.5 M)
Category High SJB ($13.6 M)
1 Year Fund Flow
Rank: 1 of 10
$27.7 M
Category Low TBF (‑$136.8 M)
Category High SJB ($27.7 M)
3 Year Fund Flow
Rank: 9 of 10
‑$38.9 M
Category Low TBF (‑$249.2 M)
Category High TBX ($18.6 M)
5 Year Fund Flow
Rank: 1 of 11
$130.7 M
Category Low TBF (‑$805.1 M)
Category High SJB ($130.7 M)

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

SJB Valuation

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

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

SJB Dividend

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

Dividend
$0.07
Dividend Date
2018-12-26
Annual Dividend Rate
$0.17
Annual Dividend Yield
Rank: 5 of 6
0.75%
Category Low TBX (0.72%)
Category High TYBS (1.31%)

SJB Technicals

Volatility Analysis

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

5 Day Volatility
Rank: 10 of 12
15.76%
Category Low TYNS (10.18%)
Category High DTYS (170.13%)
20 Day Volatility
Rank: 7 of 12
11.58%
Category Low SAGG (3.26%)
Category High TAPR (52.15%)
50 Day Volatility
Rank: 8 of 12
9.59%
Category Low TBX (4.45%)
Category High TAPR (40.66%)
200 Day Volatility
Rank: 9 of 12
7.28%
Category Low TBX (4.33%)
Category High TAPR (37.64%)
Beta
Rank: 12 of 12
-0.31
Category Low SJB (-0.31)
Category High DTYS (1.16)
Standard Deviation
Rank: 12 of 12
0.28%
Category Low SJB (0.28%)
Category High DFVS (4.12%)

Technicals

  • 20 Day MA: $23.13
  • 60 Day MA: $23.07
  • MACD 15 Period: -0.20
  • MACD 100 Period: -0.14
  • Williams % Range 10 Day: 47.37
  • Williams % Range 20 Day: 86.76
  • RSI 10 Day: 40
  • RSI 20 Day: 43
  • RSI 30 Day: 45
  • Ultimate Oscillator: 36

Bollinger Brands

  • Lower Bollinger (10 Day): $22.60
  • Upper Bollinger (10 Day): $22.89
  • Lower Bollinger (20 Day): $22.25
  • Upper Bollinger (20 Day): $24.06
  • Lower Bollinger (30 Day): $22.39
  • Upper Bollinger (30 Day): $23.94

Support & Resistance

  • Support Level 1: $22.65
  • Support Level 2: $22.57
  • Resistance Level 1: $22.79
  • Resistance Level 2: $22.85

Stochastic

  • Stochastic Oscillator %D (1 Day): 45.57
  • Stochastic Oscillator %D (5 Day): 27.84
  • Stochastic Oscillator %K (1 Day): 34.12
  • Stochastic Oscillator %K (5 Day): 20.58

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.

Download the fact sheet PDF

Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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