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Upturn AI SWOT - About
Virtus ETF Trust II - Virtus Seix Senior Loan ETF (SEIX)
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Upturn Advisory Summary
04/01/2025: SEIX (1-star) is currently NOT-A-BUY. Pass it for now.
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 20.42% | Avg. Invested days 149 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 134059 | Beta 0.17 | 52 Weeks Range 22.16 - 23.75 | Updated Date 04/2/2025 |
52 Weeks Range 22.16 - 23.75 | Updated Date 04/2/2025 |
Upturn AI SWOT
Virtus ETF Trust II - Virtus Seix Senior Loan ETF
ETF Overview
Overview
The Virtus Seix Senior Loan ETF (SEIX) seeks to provide current income and, secondarily, capital appreciation by investing primarily in senior loans. It focuses on floating-rate loans, which can be attractive in a rising interest rate environment. The ETF aims to offer diversification within the senior loan market, managing credit risk through active selection and monitoring.
Reputation and Reliability
Virtus Investment Partners is a multi-manager asset management firm with a long history in the industry. They are known for offering a diverse range of investment strategies through affiliated managers.
Management Expertise
The SEIX ETF is managed by Seix Investment Advisors, a subsidiary of Virtus. Seix has significant experience in managing fixed-income investments, including senior loans.
Investment Objective
Goal
To provide current income and, secondarily, capital appreciation.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index but employs an active management strategy to select senior loans. It focuses on loans that are senior secured and floating-rate.
Composition The ETF primarily holds senior secured floating-rate loans. It may also hold cash or other money market instruments.
Market Position
Market Share: SEIX has a moderate market share within the senior loan ETF category.
Total Net Assets (AUM): 375000000
Competitors
Key Competitors
- Invesco Senior Loan ETF (BKLN)
- First Trust Senior Loan Fund (FTSL)
- SPDR Blackstone Senior Loan ETF (SRLN)
Competitive Landscape
The senior loan ETF market is dominated by a few large players, making it highly competitive. SEIX differentiates itself through its active management approach and credit selection process. A potential disadvantage is its higher expense ratio compared to some passive competitors.
Financial Performance
Historical Performance: Historical performance data needs to be accessed from financial data providers to provide numerical representation.
Benchmark Comparison: Benchmark comparison data needs to be accessed from financial data providers to provide numerical representation.
Expense Ratio: 0.84
Liquidity
Average Trading Volume
SEIX has moderate trading volume, which might affect trade execution for large orders.
Bid-Ask Spread
The bid-ask spread is typically reasonable but can widen during periods of market volatility.
Market Dynamics
Market Environment Factors
Economic growth, interest rate changes, and credit market conditions all influence SEIX's performance. Senior loans tend to perform well in rising interest rate environments.
Growth Trajectory
SEIX's growth is tied to investor demand for floating-rate debt and the overall health of the credit market. Changes to strategy and holdings would be reflected in fund factsheets.
Moat and Competitive Advantages
Competitive Edge
SEIX's competitive edge lies in its active management and Seix's credit expertise. The fund seeks to generate alpha through careful credit selection and risk management. The active approach allows flexibility to navigate different market conditions. However, active management comes with higher fees.
Risk Analysis
Volatility
SEIX experiences moderate volatility, typical of senior loan investments.
Market Risk
SEIX is subject to credit risk, interest rate risk, and liquidity risk associated with the underlying senior loans.
Investor Profile
Ideal Investor Profile
SEIX is suitable for investors seeking income and diversification within their fixed-income portfolios, particularly those who are concerned about rising interest rates.
Market Risk
SEIX is best suited for long-term investors seeking income, but less suitable for active traders.
Summary
Virtus Seix Senior Loan ETF (SEIX) aims to provide income through actively managed senior loans. It's suitable for investors seeking floating-rate exposure, especially in rising interest rate environment. However, it comes with a higher expense ratio compared to passive competitors. The fund's performance depends on credit selection and overall credit market conditions. Investors should consider its moderate volatility and associated risks before investing.
Similar Companies
- BKLN
- FTSL
- SRLN
- CSLS
- EVLN
Sources and Disclaimers
Data Sources:
- Virtus Investment Partners website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment involves risk, including the potential loss of principal.
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 Virtus ETF Trust II - Virtus Seix Senior Loan ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal market circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of first- and second-lien senior floating rate loans. These loans are made by banks and other large financial institutions to various companies and are senior in the borrowing companies' capital structure. The fund is non-diversified.
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