Columbia Etf Trust Etf Profile

NJNK Etf   20.20  0.04  0.20%   

Performance

9 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
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 ConcentrationCorporate ETFs, High Yield ETFs, High Yield Bond (View all Sectors)
IssuerColumbia
Inception Date2024-09-05
Entity TypeRegulated Investment Company
Asset TypeFixed Income
CategoryCorporate
FocusHigh Yield
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorColumbia Management Investment Advisers, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerDavid Janssen, Daniel DeYoung
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents434
Market MakerJane Street
Total Expense0.46
Management Fee0.46
Country NameUSA
CodeNJNK
Updated At30th of November 2024
NameColumbia ETF Trust I
Currency NameUS Dollar
Currency CodeUSD
Open FigiBBG01PKP0P54
TypeETF
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.

Columbia ETF Against Markets

When determining whether Columbia ETF Trust is a strong investment it is important to analyze Columbia ETF's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Columbia ETF's future performance. For an informed investment choice regarding Columbia Etf, refer to the following important reports:
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.