Invesco Ultra Short Duration ETF GSY takes a conservative approach, though it lacks a competitive advantage over similarly resourced peers employing a comparable approach. Additionally, the managers have a limited record on this vehicle. The strategy maintains a Morningstar Analyst Rating of Neutral.
Will GSY outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GSY’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GSY management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of GSY’s parent organization’s priorities and whether they’re in line with investors’ interests.