SPDR SSgA Income Allocation ETF
The Adviser primarily invests the assets of the fund among ETPs that provide exposure to five primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment-grade and high yield debt securities; (iii) hybrid equity/debt securities; (iv) first lien senior secured floating rate bank loans, commonly referred to as "Senior Loans"; and (v) REITs, including equity REITs and mortgage REITs.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN · NET +$2M OVER THIS RANGE
Money keeps arriving — +$2M of net buying over the past month, about 2.7% of the fund's asset base, while the price has returned +5.3% so far this year. At 0.50% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | -0.0% |
| 1 month | +1.2% |
| 3 months | +1.9% |
| 6 months | +0.2% |
| YTD | +5.3% |
| 1 year | +5.8% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | +$2M |
| 3 months | −$2M |
| YTD | +$3M |
| 1 year | +$3M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat INKM on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| DIVB iShares U.S. Dividend and Buyback ETF | 0.05% | $1.9B | +$136M | -45bp on fee · 25× the assets · +$136M in over the month | Head-to-head |
| HDV iShares Core High Dividend ETF | 0.08% | $15.1B | +$209M | -42bp on fee · 203× the assets · +$209M in over the month | Head-to-head |
| SCHD Schwab U.S. Dividend Equity ETF | 0.06% | $60.6B | — | -44bp on fee · 810× the assets | Head-to-head |
| VYM Vanguard High Dividend Yield Index Fund | 0.06% | $58.1B | — | -44bp on fee · 777× the assets | Head-to-head |
| DGRO iShares Core Dividend Growth ETF | 0.08% | $43.6B | −$50M | -42bp on fee · 583× the assets | Head-to-head |