Columbia Etf Trust Etf Profile
NJNK Etf | 20.20 0.04 0.20% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Columbia ETF is selling for 20.20 as of the 30th of November 2024. This is a 0.20 percent increase since the beginning of the trading day. The etf's last reported lowest price was 20.2. Columbia ETF 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 Columbia ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Columbia ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange. More on Columbia ETF Trust
Columbia Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Corporate ETFs, High Yield ETFs, High Yield Bond (View all Sectors) |
Issuer | Columbia |
Inception Date | 2024-09-05 |
Entity Type | Regulated Investment Company |
Asset Type | Fixed Income |
Category | Corporate |
Focus | High Yield |
Market Concentration | Developed Markets |
Region | North America |
Administrator | The Bank of New York Mellon Corporation |
Advisor | Columbia Management Investment Advisers, LLC |
Custodian | The Bank of New York Mellon Corporation |
Distributor | ALPS Distributors, Inc. |
Portfolio Manager | David Janssen, Daniel DeYoung |
Transfer Agent | The Bank of New York Mellon Corporation |
Fiscal Year End | 31-Mar |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 434 |
Market Maker | Jane Street |
Total Expense | 0.46 |
Management Fee | 0.46 |
Country Name | USA |
Code | NJNK |
Updated At | 30th of November 2024 |
Name | Columbia ETF Trust I |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01PKP0P54 |
Type | ETF |
Columbia ETF Trust [NJNK] is traded in USA and was established null. The fund is listed under High Yield Bond. The entity is thematically classified as Corporate ETFs. Columbia ETF Trust now have in assets.
Check Columbia ETF Probability Of Bankruptcy
Geographic Allocation (%)
Columbia ETF Trust 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 Columbia ETF. 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 | 0.0682 | |||
Jensen Alpha | 5.0E-4 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.56) |
Columbia ETF Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Columbia ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Columbia Etf please use our How to buy in Columbia Etf guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
The market value of Columbia ETF Trust is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia ETF's value that differs from its market value or its book value, called intrinsic value, which is Columbia ETF'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 Columbia ETF's market value can be influenced by many factors that don't directly affect Columbia ETF'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 Columbia ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia ETF'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.