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VanEck China Bond ETF

CBON
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 10 2014
Expense Ratio
0.51%
Type
Global Ex. US Bonds
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$408,028
AUM
$55,464,000
Associated Index
ChinaBond China High Quality Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

n/a
China Cinda Asset Management Co Ltd
5.75%
n/a
Guangdong Guangxin Holdings Group Ltd
5.48%
n/a
Other/Cash
4.93%
n/a
China Development Bank
4.63%
n/a
China State Railway Group Co Ltd
4.10%
n/a
Zijin Mining Group Co Ltd
2.76%
n/a
Yankuang Energy Group Co Ltd
2.74%
n/a
Beijing Public Housing Center Co Ltd
2.73%
n/a
Shanghai Pudong Development Group Co Lt
2.71%
n/a
Shandong Lucion Investment Holdings Gro
2.69%
Invest with CBON

What is CBON?

The VanEck ChinaAMC China Bond ETF 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 Index is comprised of fi xed-rate Renminbi ( RMB )-denominated bonds issued in the People s Republic of China by Chinese credit, governmental and quasi-governmental (e.g., policy banks) issuers. ChinaBond China High Quality Bond Index (CDHATRID) comprises: Fixed-rate, Renminbi ( RMB )-denominated bonds issued in the People s Republic of China ( China or the PRC ) by Chinese credit, governmental or quasi-governmental (e.g., policy banks) issuers ( RMB Bonds ). Chinese credit issuers are generally considered to be issuers of central enterprise bonds, local enterprise bonds, medium-term notes, corporate bonds and railway debt. Credit RMB Bonds must have at least one AAA rating by one of the Chinese local rating agencies recognized by the relevant authorities in the PRC to be included in the Index.

ETFs related toCBON

ETFs correlated to CBON include GDEF, GJAN, PRFD

CBONVanEck ETF Trust - VanEck China Bond ETF
GDEFGoldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
Expense Ratio0.55%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GJANFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
PRFDPimco Exchange Traded Fund - PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
CYBWisdomTree Trust - WisdomTree Chinese Yuan Strategy Fund
EMCHEmerge ETF Trust - Emerge EMPWR Sustainable Emerging Markets Equity ETF
AFTYCSOP Asset Management Limited - Pacer CSOP FTSE China A50 ETF
SSXUStrategy Shares - Day Hagan/Ned Davis Research Smart Sector International ETF
KFYPKraneShares Trust - KraneShares CICC China Leaders 100 Index ETF
MEMMatthews International Funds - Matthews Emerging Markets Equity Active ETF
DFSEDimensional ETF Trust - Dimensional Emerging Markets Sustainability Core 1 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

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We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.