TKer 5th Anniversary: Discrepancy Between Valuation and Price
JPLD JPMorgan Limited Duration Bond ETF
$51.46 0.00%
View chart & analysis → - 1The average annual return since the launch of TKer has recorded 9%.
- 2The S&P 500 recorded a 16% increase in its 5th year.
- 3The forward P/E ratio appeared at 23x.
So what's the key point?
Since TKer was released, it has earned an average of about 9 percent each year. The figure showing how expensive the stock price is compared to earnings is 23 times.
Source TKer · View original ↗
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