Kpop And Korean Etf Profile
| KPOP Etf | USD 14.90 0.15 1.02% |
Performance12 of 100
| Odds Of DistressLess than 9
|
KPOP is selling at 14.90 as of the 30th of November 2024; that is 1.02 percent increase since the beginning of the trading day. The etf's last reported lowest price was 14.9. KPOP has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for KPOP and Korean 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.
to measure the performance of KPOP and Korean Entertainment Companies. Kpop is traded on NYSEARCA Exchange in the United States. More on KPOP and Korean
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Moving against KPOP Etf
KPOP Etf Highlights
| Thematic Idea | Sector ETFs (View all Themes) |
| Business Concentration | Sector ETFs, Miscellaneous Region, Exchange Traded Concepts (View all Sectors) |
| Issuer | Exchange Traded Concepts |
| Inception Date | 2022-08-31 |
| Benchmark | KPOP Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.51 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Communication Services |
| Market Concentration | Developed Markets |
| Region | Asia-Pacific |
| Administrator | SEI Investments Global Fund Services |
| Advisor | Exchange Traded Concepts, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Andrew Serowik, Todd Alberico, Gabriel Tan, Brian Cooper |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 35.0 |
| Market Maker | GTS |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| 200 Day M A | 14.4217 |
| Country Name | USA |
| 50 Day M A | 13.1846 |
| Code | KPOP |
| Updated At | 29th of November 2024 |
| Returns Y T D | (24.88) |
| Name | KPOP and Korean Entertainment ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG019FGR7V8 |
| Type | ETF |
| 1y Volatility | 26.26 |
KPOP and Korean [KPOP] is traded in USA and was established 2022-08-31. The fund is listed under Miscellaneous Region category and is part of Exchange Traded Concepts family. The entity is thematically classified as Sector ETFs. KPOP and Korean now have 2.2 M in assets. , while the total return for the last year was -19.2%.
Check KPOP 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 KPOP Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding KPOP 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 KPOP and Korean 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.
KPOP and Korean Currency Exposure
KPOP and Korean 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 KPOP 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 KPOP and Korean.
Top KPOP and Korean Etf Constituents
| 035720 | Kakao Corp | Stock | Communication Services | |
| 173940 | FNC Entertainment Co | Stock | Communication Services | |
| 376300 | Dear U Co | Stock | KR Stock | |
| 067160 | AfreecaTV Co | Stock | Communication Services | |
| 299900 | Wysiwyg Studios Co | Stock | Entertainment | |
| 035760 | CJ ENM | Stock | Consumer Discretionary | |
| 043610 | Genie Music | Stock | Communication Services | |
| 035900 | JYP Entertainment | Stock | Communication Services |
KPOP and Korean 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 KPOP. 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 | 0.1108 | |||
| Jensen Alpha | 0.2374 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0663 |
KPOP Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KPOP and Korean. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of KPOP and Korean is measured differently than its book value, which is the value of KPOP that is recorded on the company's balance sheet. Investors also form their own opinion of KPOP's value that differs from its market value or its book value, called intrinsic value, which is KPOP'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 KPOP's market value can be influenced by many factors that don't directly affect KPOP'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 KPOP's value and its price as these two are different measures arrived at by different means. Investors typically determine if KPOP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KPOP'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.