Wisdomtree China Ex State Owned Etf Profile
| CXSE Etf | USD 30.61 0.86 2.89% |
Performance7 of 100
| Odds Of DistressLess than 9
|
WisdomTree China is trading at 30.61 as of the 28th of November 2024, a 2.89 percent increase since the beginning of the trading day. The etf's lowest day price was 30.52. WisdomTree China has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for WisdomTree China ex State Owned are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal circumstances, at least 80 percent of the funds total assets will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. More on WisdomTree China ex State Owned
Moving together with WisdomTree Etf
WisdomTree Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, China Region, WisdomTree (View all Sectors) |
| Issuer | WisdomTree |
| Inception Date | 2012-09-19 |
| Benchmark | WisdomTree China ex-State-Owned Enterprises Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 390.53 Million |
| Average Trading Valume | 45,227.8 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | State Street Bank and Trust Company |
| Advisor | WisdomTree Asset Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Karen Q. Wong, Richard A. Brown, Thomas J. Durante |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | NASDAQ |
| Market Maker | Jane Street |
| Total Expense | 0.32 |
| Management Fee | 0.32 |
| Country Name | USA |
| Returns Y T D | 7.8 |
| Currency Code | USD |
| Open Figi | BBG003D52F83 |
| In Threey Volatility | 35.15 |
| 1y Volatility | 37.47 |
| 200 Day M A | 28.2054 |
| 50 Day M A | 31.9978 |
| Code | CXSE |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.44) |
| Type | ETF |
WisdomTree China ex State Owned [CXSE] is traded in USA and was established 2012-09-19. The fund is listed under China Region category and is part of WisdomTree family. The entity is thematically classified as Strategy ETFs. WisdomTree China currently have 758.98 M in assets under management (AUM). , while the total return for the last 3 years was -16.1%.
Check WisdomTree China Probability Of Bankruptcy
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 WisdomTree Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding WisdomTree 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 WisdomTree China ex State Owned 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.
Top WisdomTree China ex State Owned Etf Constituents
| TCTZF | Tencent Holdings | Pink Sheet | Internet Content & Information | |
| EDU | New Oriental Education | Stock | Consumer Discretionary | |
| CGMBF | China Minsheng Banking | Pink Sheet | Banks—Regional | |
| JD | JD Inc Adr | Stock | Consumer Discretionary | |
| YUMC | Yum China Holdings | Stock | Consumer Discretionary | |
| WHGRF | WH Group Limited | Pink Sheet | Packaged Foods | |
| TAL | TAL Education Group | Stock | Consumer Discretionary | |
| PIAIF | Ping An Insurance | Pink Sheet | Insurance—Life |
WisdomTree China 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 WisdomTree 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 | 0.0727 | |||
| Jensen Alpha | 0.2433 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0485 |
WisdomTree China Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in WisdomTree China ex State Owned. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of WisdomTree China is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree China's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree 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 WisdomTree China's market value can be influenced by many factors that don't directly affect WisdomTree 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 WisdomTree China's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree China is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree 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.