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Upturn AI SWOT - About
AB Corporate Bond ETF (EYEG)
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Upturn Advisory Summary
04/01/2025: EYEG (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.
AI Based Fundamental Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Analysis of Past Performance
Type ETF | Historic Profit 3.24% | Avg. Invested days 50 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 1477 | Beta 0.8 | 52 Weeks Range 32.68 - 36.01 | Updated Date 04/2/2025 |
52 Weeks Range 32.68 - 36.01 | Updated Date 04/2/2025 |
Upturn AI SWOT
AB Corporate Bond ETF
ETF Overview
Overview
The AB Corporate Bond ETF seeks to provide current income consistent with prudent investment management by investing primarily in a portfolio of U.S. dollar-denominated corporate bonds.
Reputation and Reliability
AllianceBernstein (AB) is a well-established global investment management firm with a long history.
Management Expertise
AB has a team of experienced investment professionals focused on fixed-income strategies.
Investment Objective
Goal
To provide current income consistent with prudent investment management.
Investment Approach and Strategy
Strategy: The ETF aims to achieve its objective by investing in a diversified portfolio of U.S. dollar-denominated corporate bonds.
Composition Primarily holds U.S. dollar-denominated corporate bonds across various credit ratings and maturities.
Market Position
Market Share: The AB Corporate Bond ETF's market share is moderate within the corporate bond ETF sector.
Total Net Assets (AUM): 67300000
Competitors
Key Competitors
- LQD
- VCIT
- HYG
- IEF
Competitive Landscape
The corporate bond ETF market is highly competitive, dominated by large, established ETFs like LQD. AB Corporate Bond ETF offers AB's active approach which may be seen as a differentiator, but it competes against passive, lower-cost options. A potential disadvantage is its higher expense ratio compared to passive index trackers. Larger competitors have greater liquidity and brand recognition.
Financial Performance
Historical Performance: Historical performance data is available from the ETF's inception, showing returns influenced by interest rate movements and credit spreads.
Benchmark Comparison: Performance should be compared against a relevant corporate bond index to assess the ETF's added value.
Expense Ratio: 0.28
Liquidity
Average Trading Volume
The average trading volume is moderate and can vary based on market conditions.
Bid-Ask Spread
The bid-ask spread should be monitored to assess trading costs, which could be higher during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic growth, interest rate policy, and credit market conditions significantly influence the ETF's performance.
Growth Trajectory
Growth trends depend on investor demand for corporate bond exposure and AB's ability to generate alpha through active management.
Moat and Competitive Advantages
Competitive Edge
AB Corporate Bond ETF's competitive advantage lies in its active management strategy, which seeks to outperform the broader corporate bond market. The fund leverages AB's expertise in credit analysis and security selection to identify attractive investment opportunities. The ETF benefits from the firm's global research resources and proprietary risk management processes. Active management may provide downside protection during periods of market stress. However, its success depends on AB's ability to consistently add value, which can be challenging in the fixed-income market.
Risk Analysis
Volatility
The ETF's volatility is influenced by interest rate risk and credit spread risk.
Market Risk
Specific risks include interest rate risk (sensitivity to changes in interest rates), credit risk (risk of default by bond issuers), and liquidity risk (difficulty in selling bonds).
Investor Profile
Ideal Investor Profile
Investors seeking current income, diversification in corporate bonds, and potential for alpha through active management may find this ETF suitable.
Market Risk
The ETF is suitable for long-term investors seeking income and willing to accept moderate levels of risk associated with corporate bonds.
Summary
AB Corporate Bond ETF offers exposure to U.S. dollar-denominated corporate bonds with the goal of providing current income. It is actively managed by AllianceBernstein, leveraging their expertise in credit analysis. While it has a higher expense ratio than passive ETFs, it aims to outperform through security selection. The ETF is suitable for income-seeking investors comfortable with corporate bond market risks and AB's active management style. The performance is subject to risks associated with interest rate fluctuation and credit spread fluctuation.
Similar Companies
HYG
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HYG
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IEF
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IEF
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LQD
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LQD
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USIG
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VCIT
Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares
VCIT
Vanguard Intermediate-Term Corporate Bond Index Fund ETF Shares
Sources and Disclaimers
Data Sources:
- AllianceBernstein, ETF.com, Bloomberg
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Market conditions and investment strategies may change over time.
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 AB Corporate Bond ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets, including any borrowings for investment purposes, in investment grade fixed-income securities of corporate issuers. Corporate issuers may include corporate or other business entities in which a sovereign or governmental agency or entity may have, indirectly or directly, an interest, including a majority or greater ownership interest.
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