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ETFs

Virtus Newfleet ABS/MBS ETF

VABS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 9, 2021
Expense Ratio
0.39%
Type
US Bonds
Fund Owner
Virtus ETF Solutions
Volume (1m avg. daily)
$27,105
AUM
$10,511,586
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
TAST 2022-1A D 5.380% 01/15/2026
4.30%
n/a
AUTOC 2021-A C 3.790% 04/15/2027
4.27%
n/a
BPR 2021-KEN A 6.697% 02/15/2023
3.52%
n/a
JPMMT 2015-5 A2 6.737% 05/25/2045
3.12%
YUM4360979
BELL 2016-1A A23 4.970% 05/25/2026
2.61%
ALK5005663
Alaska Airlines 2020-1 Class A Pass Through Trust 4.800% 08/15/2027
2.58%
n/a
HWIRE 2021-1 C 4.459% 11/20/2026
2.57%
n/a
CRVNA 2021-N3 D 1.580% 06/10/2028
2.56%
n/a
BUNDT 2021-1 A2 2.989% 07/30/2026
2.46%
n/a
AESOP 2019-2A D 3.040% 09/20/2024
2.44%
Invest with VABS

What is VABS?

The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

ETFs related toVABS

ETFs correlated to VABS include TUA, VGSH, SCHO

VABS
Virtus ETF Trust II - Virtus Newfleet ABS/MBS ETF
TUA
Simplify Exchange Traded Funds - Simplify Short Term Treasury Futures Strategy ETF
VGSH
Vanguard Group, Inc. - Vanguard Short-Term Treasury ETF
SCHO
Schwab Strategic Trust - Schwab Short-Term U.S. Treasury ETF
SHY
BlackRock Institutional Trust Company N.A. - iShares 1-3 Year Treasury Bond ETF
UTWO
Rbb Fund Inc - US Treasury 2 Year Note ETF
SPTS
SSgA Active Trust - SPDR Portfolio Short Term Treasury ETF
IBTG
iShares Trust - iShares iBonds Dec 2026 Term Treasury ETF
IBTH
iShares Trust - iShares iBonds Dec 2027 Term Treasury ETF
IEI
BlackRock Institutional Trust Company N.A. - iShares 3-7 Year Treasury Bond ETF
IBTF
iShares Trust - iShares iBonds Dec 2025 Term Treasury ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toVABS

#ROT

Ride the Oil Trend

Category

Featured, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with VABS using Composer

News Related to VABS

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Apr 22, 2024 • by Avi Kapoor
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Apr 19, 2024 • by Benzinga Newsdesk
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Jan 22, 2024 • by Benzinga Newsdesk
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Craig-Hallum Downgrades Carrols Restaurant Group to Hold

Jan 17, 2024 • by Benzinga Newsdesk
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FAQ

VABS is a US Bonds ETF. The Fund seeks to generate income by investing primarily in short-duration, investment-grade securitized debt across asset-backed securities (ABS) and mortgage-backed securities (MBS), including commercial and residential MBS. A disciplined, time-tested investment process and rigorous risk management approach seeks to target ABS and MBS with competitive yield and current income across undervalued areas of securitized credit markets.

Yes, VABS is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, VABS is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on VABS is 0.0054%. This is the percent change in the value of VABS over the most recent 1-month period. The 3-month return on VABS is 0.012%. This is the percent change in the value of VABS over the most recent 3-month period.

The standard deviation of VABS for the past year is 0.0305%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to VABS include CMBS, JBBB, and PAAA.

ETFs correlated to VABS include TUA, VGSH, and SCHO.

ETFs that are inversely correlated to VABS include PST, TBX, and DBMF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.