CBON:NYE-VanEck China Bond ETF (USD)

ETF | Emerging-Markets Local-Currency Bond |

Last Closing

USD 22.52

Change

+0.14 (+0.63)%

Market Cap

USD 0.02B

Volume

6.69K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is calculated by FTSE Russell Ltd. and is entirely comprised of fixed-rate, Renminbi-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") with a maturity of 0-10 years. The fund is non-diversified.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-04 )

Largest Industry Peers for Emerging-Markets Local-Currency Bond

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

+0.20 (+0.84%)

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

+0.21 (+0.57%)

USD 0.37B
ELD WisdomTree Emerging Markets Lo..

-0.30 (-1.14%)

USD 0.07B
EBND SPDR® Bloomberg Emerging Mark..

+0.12 (+0.60%)

N/A

ETFs Containing CBON

N/A

Market Performance

  Market Performance vs. Industry/Classification (Emerging-Markets Local-Currency Bond) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.90% 80% B- 40% F
Dividend Return -26.06% 100% F 29% F
Total Return -24.16% 40% F 19% F
Trailing 12 Months  
Capital Gain 4.55% 80% B- 33% F
Dividend Return -26.36% 100% F 30% F
Total Return -21.81% 40% F 17% F
Trailing 5 Years  
Capital Gain 2.48% 80% B- 53% F
Dividend Return -15.67% 100% F 46% F
Total Return -13.19% 100% F 39% F
Average Annual (5 Year Horizon)  
Capital Gain -0.21% 100% F 32% F
Dividend Return 2.11% 100% F 35% F
Total Return 2.32% 40% F 53% F
Risk Return Profile  
Volatility (Standard Deviation) 6.25% 100% F 87% B+
Risk Adjusted Return 33.71% 100% F 51% F
Market Capitalization 0.02B 25% F 12% 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.

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.