VanEck China Bond ETF
Ticker
CBON
ISIN
US92189F379
Price
USD 22.07
Change Today
-0.04 / -0.181 %
Price 1 year ago
21.11 / 4.534 %
Morningstar
5
52 Week Low
21.22
52 Week High
22.87
200 Day Moving Average 21.93
21.93
50-day Moving Average
22.42
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 0.84 |
| Sortino Ratio | -0.41 |
| Maximum Drawdown | -1.2% |
| Maximum Drawdown Date | 2023-12-11 |
| Calmar Ratio | -11.26 |
1 year
| Parameter | Value |
|---|---|
| Return | 0.52 |
| Volatility | 1.936% |
| Alpha | +1.32 |
| Beta | None |
| R Squared | +63.50 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 1.844% |
| Average Annual Volatility | 5.954% |
| Sharpe Ratio | 0.31 |
| Sortino Ratio | -0.15 |
| Maximum Drawdown | -14.000000000000002% |
| Maximum Drawdown Date | 2022-11-03 |
| Calmar Ratio | -0.12 |
Company information
Summary
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ChinaBond China High Quality Bond Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of fixed-rate, Renminbi ("RMB")-denominated bonds issued in the People's Republic of China ("China" or the "PRC") by Chinese credit, governmental and quasi-governmental (e.g., policy banks) issuers ("RMB Bonds"). The fund is non-diversified.
Market
US
Category
Emerging-Markets Local-Currency Bond
Expense Ratio
0.51%
Fund family
VanEck
Morningstar
5
Yield
0.0343
Exchange
PCX
| Sector | Weight |
|---|---|
| Realestate | 0.00% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
None
Holdings
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| CBON | VanEck China Bond ETF | US92189F379 | PCX | 0.51% | 5 | +1.32 | |
| CHIE | Global X MSCI China Energy ETF | US37950E507 | PCX | 0.67% | 4 | +35.27 | |
| CNYA | iShares MSCI China A ETF | IE00BQT3WG13 | BTS | 0.60% | 4 | -7.21 | |
| CNYA.L | iShares MSCI China A UCITS ETF | IE00BQT3WG1 | LSE | 0.40% | 4 | ||
| CNYB.AS | iShares China CNY Bond UCITS ETF | IE00BYPC1H27 | AMS | 0.40% | 5 | +0.08 | -- |
| CNYB.L | iShares China CNY Bond UCITS ETF | IE00BYPC1H2 | LSE | 0.40% | 5 | +0.08 | -- |
| EMXC | iShares MSCI Emerging Markets ex China ETF | IE00B0M6317 | NGM | 0.25% | 4 | -8.49 | |
| IASH.L | iShares MSCI China A UCITS ETF | IE00BQT3WG1 | LSE | 0.40% | 4 | ||
| KBA | KraneShares Bosera MSCI China A 50 Connect Index ETF | US500767405 | PCX | 0.56% | 4 | -7.27 | |
| KGRN | KraneShares MSCI China Clean Technology ETF | US500767850 | PCX | 0.78% | 4 | -9.83 | |
| XCEM | Columbia EM Core ex-China ETF | US19762B202 | PCX | 0.16% | 4 | -4.77 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.