ducovest

CBON:ARCA-VanEck Vectors ChinaAMC China Bond (USD)

ETF | Emerging-Markets Local-Currency Bond | NYSE Arca

Last Closing

USD 21.975

Change

+0.06 (+0.27)%

Market Cap

USD 6.79M

Volume

400.00

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

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.

Company Website : www.marketvectorsetfs.com

Currency: USD

Country : USA

Inception Date: 10/11/2014

Primary Benchmark: ChinaBond China High Qua Bond TR CNY

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 1.12%

Management Expense Ratio: 0.50 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

Largest Industry Peers for Emerging-Markets Local-Currency Bond

Symbol Name Mer Price(Change) Market Cap
EMLC VanEck J.P. Morgan EM Local Cu.. 0.31 %

-0.02 (-0.08%)

 USD 2.84B
LEMB iShares J.P. Morgan EM Local C.. 0.00 %

+0.10 (+0.27%)

 USD 0.37B
ELD WisdomTree Emerging Markets Lo.. 0.55 %

-0.03 (-0.09%)

 USD 0.07B
EBND SPDR® Bloomberg Emerging Mark.. 0.41 %

N/A

 N/A

ETFs Containing CBON

N/A

Market Performance

  Market Performance vs. Industry/Classification (Emerging-Markets Local-Currency Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -0.56% 100% F 31% F
Dividend Return 0.81% 25% F 39% F
Total Return 0.25% 100% F 29% F
Trailing 12 Months  
Capital Gain -1.79% 60% D- 23% F
Dividend Return 3.06% 25% F 45% F
Total Return 1.27% 40% F 22% F
Trailing 5 Years  
Capital Gain -1.41% 100% F 41% F
Dividend Return 12.68% 40% F 49% F
Total Return 11.27% 100% F 37% F
Average Annual (5 Year Horizon)  
Capital Gain -0.19% 100% F 38% F
Dividend Return 2.20% 100% F 38% F
Total Return 2.38% 40% F 52% F
Risk Return Profile  
Volatility (Standard Deviation) 6.29% 100% F 90% A-
Risk Adjusted Return 34.91% 100% F 56% F
Market Capitalization 6.79M 20% F 11% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.