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Upturn AI SWOT - About
iShares GNMA Bond ETF (GNMA)
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Upturn Advisory Summary
03/06/2025: GNMA (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
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 2.21% | Avg. Invested days 41 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/06/2025 |
Key Highlights
Volume (30-day avg) 26384 | Beta 1.06 | 52 Weeks Range 40.37 - 44.62 | Updated Date 04/2/2025 |
52 Weeks Range 40.37 - 44.62 | Updated Date 04/2/2025 |
Upturn AI SWOT
iShares GNMA Bond ETF
ETF Overview
Overview
The iShares GNMA Bond ETF (GNMA) seeks to track the investment results of an index composed of mortgage-backed securities guaranteed by the Government National Mortgage Association (GNMA), providing exposure to the U.S. mortgage-backed securities market.
Reputation and Reliability
BlackRock, the issuer of iShares ETFs, is a well-established and reputable asset manager with a long track record.
Management Expertise
BlackRock has extensive experience and expertise in managing fixed-income ETFs, including mortgage-backed securities.
Investment Objective
Goal
The iShares GNMA Bond ETF (GNMA) seeks to track the investment results of an index composed of GNMA mortgage-backed securities.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the performance of the ICE BofA US Mortgage Backed Securities Index, focusing on GNMA-backed securities.
Composition The ETF primarily holds mortgage-backed securities guaranteed by GNMA.
Market Position
Market Share: Estimated to be a significant portion of the GNMA bond ETF market, but difficult to quantify exactly due to overlapping fund categories.
Total Net Assets (AUM): 10200000000
Competitors
Key Competitors
- Vanguard GNMA ETF (VGNP)
- SPDR Portfolio Aggregate Bond ETF (SPAB)
- PIMCO Mortgage-Backed Securities ETF (VMBS)
Competitive Landscape
The GNMA ETF market is moderately competitive, with iShares GNMA Bond ETF holding a significant share. VGNP is a close competitor with a similar strategy but potentially lower expense ratio. SPAB offers broader exposure to aggregate bonds including GNMA. VMBS has a similar focus but different index tracking.
Financial Performance
Historical Performance: Historical performance data not provided directly, but can be found on iShares website or financial data providers.
Benchmark Comparison: The ETF's performance should closely track its underlying index, ICE BofA US Mortgage Backed Securities Index.
Expense Ratio: 0.05
Liquidity
Average Trading Volume
The ETF's trading volume is generally high, indicating good liquidity.
Bid-Ask Spread
The bid-ask spread is typically tight, reflecting the ETF's liquidity and efficient trading.
Market Dynamics
Market Environment Factors
Interest rate movements, housing market conditions, and government policies regarding mortgage-backed securities influence the ETF's performance.
Growth Trajectory
Growth depends on the overall demand for mortgage-backed securities and investor sentiment towards fixed income.
Moat and Competitive Advantages
Competitive Edge
iShares GNMA Bond ETF benefits from the established reputation and brand recognition of BlackRock. Its large AUM contributes to efficient trading and tight bid-ask spreads. The ETF's focus on GNMA-backed securities offers targeted exposure to a specific segment of the fixed-income market. The low expense ratio also contributes to its competitive advantage. The fund effectively mirrors the index it tracks.
Risk Analysis
Volatility
The ETF's volatility is moderate, reflecting the stability of government-backed mortgage securities.
Market Risk
Primary risks include interest rate risk (rising rates can decrease bond values) and prepayment risk (homeowners may refinance when rates fall).
Investor Profile
Ideal Investor Profile
The ETF is suitable for investors seeking stable income and exposure to U.S. government-backed mortgage securities.
Market Risk
The ETF is best suited for long-term investors seeking a relatively low-risk fixed-income investment.
Summary
The iShares GNMA Bond ETF offers exposure to U.S. government-backed mortgage securities, providing stable income. With a low expense ratio, high liquidity, and the backing of BlackRock, the ETF is a solid choice for investors seeking relatively low-risk fixed income. Interest rate movements and prepayment risk are potential concerns, but the ETF's government backing offers a degree of safety. GNMA is suitable for long term investors that are seeking a steady income.
Similar Companies
- VGNP
- VMBS
- MBB
- AGG
Sources and Disclaimers
Data Sources:
- iShares Website
- Morningstar
- Bloomberg
Disclaimers:
The data provided is 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 iShares GNMA Bond ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will invest at least 80% of its assets in the component securities of the underlying index and to-be-announced transactions ("TBAs") that have economic characteristics that are substantially identical to the economic characteristics of the component securities of the underlying index. The underlying index includes fixed-rate MBS issued by GNMA that have 30- or 15-year maturities. The index measures the performance of mortgage-backed pass-through securities issued by GNMA.
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