Vaneck China Bond Etf Profile
| CBON Etf | USD 22.14 0.03 0.14% |
Performance0 of 100
| Odds Of DistressLess than 9
|
VanEck China is selling at 22.14 as of the 30th of November 2024; that is 0.14 percent increase since the beginning of the trading day. The etf's open price was 22.11. VanEck China has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for VanEck China Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its total assets in securities that comprise the funds benchmark index. Vaneck Chinaamc is traded on NYSEARCA Exchange in the United States. More on VanEck China Bond
Moving together with VanEck Etf
| 0.87 | LEMB | iShares JP Morgan | PairCorr |
| 0.86 | FEMB | First Trust Emerging | PairCorr |
| 0.88 | CEW | WisdomTree Emerging | PairCorr |
Moving against VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Investment Grade ETFs, Sovereign ETFs, Emerging-Markets Local-Currency Bond, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2014-11-10 |
| Benchmark | ChinaBond China High Quality Bond Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 22.09 Million |
| Average Trading Valume | 2,286.4 |
| Asset Type | Fixed Income |
| Category | Sovereign |
| Focus | Investment Grade |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | Van Eck Associates Corporation |
| Advisor | Van Eck Associates Corporation |
| Custodian | State Street Bank and Trust Company |
| Distributor | Van Eck Securities Corporation |
| Portfolio Manager | Francis G. Rodilosso, Cai Jing |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 40.0 |
| Market Maker | Jane Street |
| Total Expense | 0.51 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 1.79 |
| Name | VanEck China Bond ETF |
| Currency Code | USD |
| Open Figi | BBG007HMYQ39 |
| In Threey Volatility | 5.95 |
| 1y Volatility | 3.58 |
| 200 Day M A | 22.1066 |
| 50 Day M A | 22.3973 |
| Code | CBON |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
VanEck China Bond [CBON] is traded in USA and was established 2014-11-10. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of VanEck family. The entity is thematically classified as Investment Grade ETFs. VanEck China Bond currently have 95.11 M in assets under management (AUM). , while the total return for the last 3 years was -1.0%.
Check VanEck China Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck China Bond Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck China Bond Currency Exposure
VanEck China Bond holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of VanEck China will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in VanEck China Bond.
VanEck China Bond Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck China. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | 0.1569 |
VanEck China Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck China Bond. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of VanEck China Bond is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck China's value that differs from its market value or its book value, called intrinsic value, which is VanEck China's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck China's market value can be influenced by many factors that don't directly affect VanEck China's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck China's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck China's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.