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Upturn AI SWOT - About
VanEck Investment Grade Floating Rate ETF (FLTR)
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Upturn Advisory Summary
07/03/2025: FLTR (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 9.99% | Avg. Invested days 207 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.01 | 52 Weeks Range 23.92 - 25.50 | Updated Date 06/29/2025 |
52 Weeks Range 23.92 - 25.50 | Updated Date 06/29/2025 |
Upturn AI SWOT
VanEck Investment Grade Floating Rate ETF
ETF Overview
Overview
The VanEck Investment Grade Floating Rate ETF (FLTR) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVISu00ae Investment Grade Floating Rate Index. It primarily invests in investment-grade floating rate notes, offering exposure to a specific segment of the bond market.
Reputation and Reliability
VanEck is a well-established asset management firm with a long history of providing specialized investment strategies and ETFs.
Management Expertise
VanEck has a team of experienced investment professionals managing its fixed-income ETFs, providing expertise in credit analysis and portfolio construction.
Investment Objective
Goal
To replicate as closely as possible, before fees and expenses, the price and yield performance of the MVISu00ae Investment Grade Floating Rate Index.
Investment Approach and Strategy
Strategy: The ETF tracks the MVISu00ae Investment Grade Floating Rate Index, a rules-based index consisting of investment-grade floating rate notes.
Composition Primarily holds investment-grade floating rate notes. The fund rebalances periodically to maintain index representation.
Market Position
Market Share: FLTR's market share within the floating rate note ETF category is significant but not dominant.
Total Net Assets (AUM): 3539440000
Competitors
Key Competitors
- iShares Floating Rate Bond ETF (FLOT)
- SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN)
- Invesco Senior Loan ETF (BKLN)
Competitive Landscape
The floating rate note ETF market is competitive, with FLOT holding the largest market share. FLTR distinguishes itself through its index and specific investment focus. FLTR offers a cost-effective way to achieve exposure to investment grade floating rate notes. While FLTR focuses on investment grade, BKLN includes senior loans, adding credit risk.
Financial Performance
Historical Performance: FLTR's performance reflects the returns of investment-grade floating rate notes. Historical performance can be found on financial websites like Yahoo Finance or Bloomberg.
Benchmark Comparison: FLTR's performance is directly comparable to the MVISu00ae Investment Grade Floating Rate Index.
Expense Ratio: 0.14
Liquidity
Average Trading Volume
FLTR exhibits moderate liquidity with an average daily trading volume that allows investors to enter and exit positions efficiently.
Bid-Ask Spread
FLTR's bid-ask spread is typically tight, reflecting its liquidity and efficient trading.
Market Dynamics
Market Environment Factors
Interest rate environments and credit market conditions significantly affect FLTR. Rising interest rates typically benefit floating rate notes, and changes in credit spreads impact their value.
Growth Trajectory
FLTR's growth is tied to investor demand for floating rate notes and the overall expansion of the ETF market. No significant changes to strategy and holdings currently.
Moat and Competitive Advantages
Competitive Edge
FLTR's advantage lies in its focus on investment-grade floating rate notes, providing a specific and targeted exposure. It offers a competitive expense ratio compared to some peers and a strong brand name under VanEck. Its transparent and rules-based index enhances its appeal. The fund's focus on investment grade differentiates it from higher yield, riskier senior loan ETFs.
Risk Analysis
Volatility
FLTR exhibits lower volatility than equity ETFs, reflecting the nature of investment-grade floating rate notes.
Market Risk
FLTR is exposed to interest rate risk and credit risk. Changes in interest rates can affect the yield and value of the underlying notes, and defaults or downgrades of the notes can also negatively impact performance.
Investor Profile
Ideal Investor Profile
FLTR is suitable for investors seeking income, diversification, and protection against rising interest rates. It is ideal for those who want a more conservative fixed-income allocation.
Market Risk
FLTR is suitable for both long-term investors and active traders who wish to manage interest rate risk.
Summary
VanEck Investment Grade Floating Rate ETF (FLTR) provides targeted exposure to investment-grade floating rate notes, offering a potential hedge against rising interest rates. Its competitive expense ratio and moderate liquidity make it a useful tool for both income-seeking and risk-conscious investors. While not the market share leader, it offers a solid choice within the floating rate ETF landscape. Investors should consider interest rate risk and credit risk when assessing its suitability.
Peer Comparison
Sources and Disclaimers
Data Sources:
- VanEck
- Yahoo Finance
- ETF.com
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions can change rapidly, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck Investment Grade Floating Rate ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. dollar-denominated floating rate notes issued by corporate entities or similar commercial entities that are public reporting companies in the United States and rated investment grade. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.