Spdr Sp China Etf Profile
| GXC Etf | USD 76.97 2.04 2.72% |
Performance5 of 100
| Odds Of DistressLess than 9
|
SPDR SP is trading at 76.97 as of the 28th of November 2024, a 2.72 percent increase since the beginning of the trading day. The etf's open price was 74.93. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for SPDR SP China 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 generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. SP China is traded on NYSEARCA Exchange in the United States. More on SPDR SP China
Moving together with SPDR Etf
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Spdr S&p China Etf |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, China Region, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2007-03-20 |
| Benchmark | S&P China BMI Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 418.56 Million |
| Average Trading Valume | 61,367.3 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Juan Acevedo, Thomas Coleman |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 28-Feb |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 1,176 |
| Market Maker | Virtu Financial |
| Total Expense | 0.59 |
| Management Fee | 0.59 |
| Country Name | USA |
| Returns Y T D | 10.98 |
| Name | SPDR SP China ETF |
| Currency Code | USD |
| Open Figi | BBG000Q8R7Y1 |
| In Threey Volatility | 31.18 |
| 1y Volatility | 29.67 |
| 200 Day M A | 71.0987 |
| 50 Day M A | 79.6506 |
| Code | GXC |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
SPDR SP China [GXC] is traded in USA and was established 2007-03-19. The fund is classified under China Region category within SPDR State Street Global Advisors family. The entity is thematically classified as Strategy ETFs. SPDR SP China currently have 1.12 B in assets under management (AUM). , while the total return for the last 3 years was -9.2%.
Check SPDR SP 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 SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR 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 SPDR SP China 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.
SPDR SP China Currency Exposure
SPDR SP China 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 SPDR SP 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 SPDR SP China.
Top SPDR SP China Etf Constituents
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| BACHF | Bank of China | Pink Sheet | Banks—Diversified | |
| BIDU | Baidu Inc | Stock | Communication Services | |
| CICHF | China Construction Bank | Pink Sheet | Banks—Diversified | |
| CILJF | China Life Insurance | Pink Sheet | Insurance—Life | |
| IDCBF | Industrial and Commercial | Pink Sheet | Banks—Diversified | |
| JD | JD Inc Adr | Stock | Consumer Discretionary | |
| NIO | Nio Class A | Stock | Consumer Discretionary |
SPDR SP Top Holders
| CAPTX | Canterbury Portfolio Thermostat | Mutual Fund | Tactical Allocation | |
| FSAMX | Strategic Advisers Emerging | Mutual Fund | Diversified Emerging Mkts | |
| GISRX | Guidepath Growth Allocation | Mutual Fund | World Large-Stock Blend | |
| GPSTX | Guidepath Growth Allocation | Mutual Fund | World Large-Stock Blend | |
| ICCIX | Dynamic International Opportunity | Mutual Fund | Foreign Large Blend | |
| ICCNX | Dynamic International Opportunity | Mutual Fund | Foreign Large Blend | |
| NAVAX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity | |
| NAVCX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity |
SPDR SP 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 SPDR SP. 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 | 0.0624 | |||
| Jensen Alpha | 0.1853 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0302 |
SPDR SP Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in SPDR SP China. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of SPDR SP China is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.