DriveWealth Steady Saver ETF (STBL)
DriveWealth Steady Saver ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in MD, US. The stock last traded at $19.43, down 0.03% on the session, giving a market capitalisation of $388,209. Its beta of 0.00 implies it has historically moved less than the broad market.
This fund predominantly invests in a broad selection of independent exchange-traded funds (ETFs), known as underlying funds. These underlying funds are structured to produce income through their holdings in various securities, such as money market instruments, corporate debt, and municipal bonds, irrespective of their credit rating. Under typical market conditions, the fund will chiefly allocate capital to underlying ETFs that specialize in corporate bonds (both investment-grade and high-yield), asset-backed and mortgage-backed securities, emerging market investments, U.S. government obligations, international sovereign debt, and preferred stocks.
DriveWealth Steady Saver ETF is most often compared with the following Financial Services names: