PTB vs. CRED ETF Comparison
Comparison of Invesco Tactical Bond ETF (PTB) to CI Lawrence Park Alternative Investment Grade Credit ETF (CRED)
PTB
Invesco Tactical Bond ETF
PTB Description
PTB seeks to generate income and capital growth over the long term by investing primarily in securities of one or more Invesco portfolios that provide exposure primarily to fixed-income securities. It may also invest directly in securities of Invesco Funds that are not Invesco portfolios, fixed-income securities, futures contracts and securities of exchange-traded funds that are managed by third parties.
Grade (RS Rating)
Last Trade
$15.71
Average Daily Volume
3,472
Number of Holdings
*
3
* may have additional holdings in another (foreign) market
CRED
CI Lawrence Park Alternative Investment Grade Credit ETF
CRED Description
CRED seeks to generate consistent positive total returns with an emphasis on capital preservation and low correlation to traditional equity and fixed income markets. CRED will be primarily invested in the investment grade debt of corporations and financial institutions in the developed world. CRED will use leverage. The leverage will be created through the use of cash borrowings, short sales and derivative contracts. CRED’s leverage must not exceed 300% of its NAV. The leverage will be calculated in accordance with the methodology prescribed by securities laws, or any exemptions therefrom. Any change to the investment objective must be approved by a majority of votes cast at a meeting of Unitholders held for that reason.Grade (RS Rating)
Last Trade
$20.17
Average Daily Volume
3,074
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
Performance
Period | PTB | CRED |
---|---|---|
30 Days | 0.00% | 0.25% |
60 Days | 0.00% | 0.62% |
90 Days | 0.00% | 1.31% |
12 Months | -0.70% | 6.87% |
0 Overlapping Holdings
Symbol | Grade | Weight in PTB | Weight in CRED | Overlap |
---|
PTB Underweight 1 Positions Relative to CRED
Symbol | Grade | Weight | |
---|---|---|---|
XCB | B | -7.55% |
PTB: Top Represented Industries & Keywords
Industries:
CRED: Top Represented Industries & Keywords