Vaneck Jp Morgan Etf Profile
| EMLC Etf | USD 23.84 0.09 0.38% |
Performance0 of 100
| Odds Of DistressLess than 9
|
VanEck JP is trading at 23.84 as of the 28th of November 2024, a 0.38 percent increase since the beginning of the trading day. The etf's open price was 23.75. VanEck JP 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 JP Morgan are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th 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 JPM is traded on NYSEARCA Exchange in the United States. More on VanEck JP Morgan
Moving together with VanEck Etf
| 0.99 | LEMB | iShares JP Morgan | PairCorr |
| 1.0 | FEMB | First Trust Emerging | PairCorr |
| 0.85 | CBON | VanEck China Bond | PairCorr |
| 0.76 | KBND | KBND | PairCorr |
| 0.76 | KCNY | KraneShares | PairCorr |
| 0.95 | CEW | WisdomTree Emerging | PairCorr |
Moving against VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | VanEck Vectors ETF Trust - VanEck Vectors J.P. Morgan EM Local Currency Bond ETF |
| Business Concentration | Sovereign ETFs, Broad Sovereign ETFs, Emerging-Markets Local-Currency Bond, VanEck (View all Sectors) |
| Issuer | Van Eck |
| Inception Date | 2010-07-22 |
| Benchmark | J.P. Morgan GBI-EMG Core Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.66 Billion |
| Average Trading Valume | 1.48 Million |
| Asset Type | Fixed Income |
| Category | Sovereign |
| Focus | Broad Sovereign |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| 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 |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Sep |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 464 |
| Market Maker | Jane Street |
| Total Expense | 0.31 |
| Management Fee | 0.27 |
| Country Name | USA |
| Returns Y T D | (1.37) |
| Name | VanEck J.P. Morgan EM Local Currency Bond ETF |
| Currency Code | USD |
| Open Figi | BBG000BF8YP3 |
| In Threey Volatility | 10.25 |
| 1y Volatility | 9.8 |
| 200 Day M A | 24.3898 |
| 50 Day M A | 24.4552 |
| Code | EMLC |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
VanEck JP Morgan [EMLC] is traded in USA and was established 2010-07-22. The fund is listed under Emerging-Markets Local-Currency Bond category and is part of VanEck family. The entity is thematically classified as Sovereign ETFs. VanEck JP Morgan currently have 2.67 B in assets under management (AUM). , while the total return for the last year was 1.3%.
Check VanEck JP 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 JP Morgan 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 JP Morgan Currency Exposure
VanEck JP Morgan 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 JP 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 JP Morgan.
Top VanEck JP Morgan Etf Constituents
| Secretaria Tesouro Nacional 0% | 2.35% |
| South Africa (Republic of) 8.75% | 0.95999995% |
| Brazil (Federative Republic) 10% | 1.36% |
| Philippines (Republic Of) 6.25% | 0.97% |
| Secretaria Tesouro Nacional 10% | 1.01% |
| South Africa (Republic of) 8% | 0.94% |
| Uruguay (Republic of) 8.25% | 0.91% |
| Secretaria Tesouro Nacional 0.01% | 0.89% |
VanEck JP Top Holders
| BMSKX | Blackrock Credit Strategies | Mutual Fund | Multisector Bond | |
| TRTY | Cambria Trinity ETF | Etf | Tactical Allocation | |
| MCRO | IndexIQ | Etf | World Allocation | |
| BMSIX | Blackrock Secured Credit | Mutual Fund | Multisector Bond | |
| CBACX | Ab Global Risk | Mutual Fund | Tactical Allocation | |
| FCGI | Fidelity Global Monthly | Etf | CA Etf | |
| EXCPX | Unconstrained Bond Series | Mutual Fund | Nontraditional Bond | |
| CBSYX | Ab Global Risk | Mutual Fund | Tactical Allocation |
VanEck JP Morgan 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 JP. 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 | (0.09) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 2.23 |
VanEck JP Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck JP Morgan. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of VanEck JP Morgan 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 JP's value that differs from its market value or its book value, called intrinsic value, which is VanEck JP'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 JP's market value can be influenced by many factors that don't directly affect VanEck JP'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 JP's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck JP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck JP'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.