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Upturn AI SWOT - About
VanEck China Bond ETF (CBON)
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Upturn Advisory Summary
03/11/2025: CBON (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 1.92% | Avg. Invested days 43 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 03/11/2025 |
Key Highlights
Volume (30-day avg) 3345 | Beta 0.53 | 52 Weeks Range 21.38 - 22.76 | Updated Date 04/2/2025 |
52 Weeks Range 21.38 - 22.76 | Updated Date 04/2/2025 |
Upturn AI SWOT
VanEck China Bond ETF
ETF Overview
Overview
The VanEck China Bond ETF (CBON) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the China Bond Index. It provides exposure to Renminbi-denominated investment grade bonds issued in mainland China.
Reputation and Reliability
VanEck has a long-standing reputation as a reputable ETF provider with a history of launching innovative and specialized ETFs.
Management Expertise
VanEck has a dedicated team with expertise in fixed-income and international investing.
Investment Objective
Goal
Seeks to replicate the price and yield performance of the China Bond Index.
Investment Approach and Strategy
Strategy: Tracks a specific index (China Bond Index).
Composition Primarily holds Renminbi-denominated investment grade bonds issued in mainland China.
Market Position
Market Share: CBON holds a significant share within the China bond ETF market but faces competition.
Total Net Assets (AUM): 215900000
Competitors
Key Competitors
- KBUY
- CXSE
Competitive Landscape
The China bond ETF market is moderately competitive. CBON benefits from being an early mover and has a larger AUM, potentially leading to better liquidity and tighter bid-ask spreads. Smaller competitors might have slightly different index methodologies or expense ratios, offering investors choices based on their specific needs.
Financial Performance
Historical Performance: Historical performance data would need to be retrieved from financial data providers. Performance can vary significantly year-to-year based on interest rates and currency fluctuations.
Benchmark Comparison: Benchmark comparison would involve comparing CBON's returns against the China Bond Index's returns over various periods.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
CBON's average trading volume indicates moderate liquidity.
Bid-Ask Spread
The bid-ask spread for CBON can vary but is generally reasonable for an ETF of its size.
Market Dynamics
Market Environment Factors
Economic indicators in China, interest rate policies of the People's Bank of China (PBOC), and global market conditions all affect CBON.
Growth Trajectory
CBON's growth depends on investor interest in Chinese bonds and the overall growth of the Chinese economy.
Moat and Competitive Advantages
Competitive Edge
CBON's competitive edge lies in its brand recognition as an established China bond ETF. It offers a focused exposure to the China bond market that many broad market fixed income ETF's do not provide. VanEck's expertise in specialized ETFs further strengthens its position. Early entry into the market has helped it to accumulate a sizable AUM, potentially leading to better liquidity for investors and lower tracking error.
Risk Analysis
Volatility
CBON's volatility is influenced by interest rate risk, credit risk of the underlying bonds, and currency risk (RMB fluctuations).
Market Risk
Market risk includes changes in Chinese government policies, economic slowdown in China, and geopolitical events that could negatively impact the Chinese bond market.
Investor Profile
Ideal Investor Profile
The ideal investor is seeking diversification through exposure to the Chinese bond market and is comfortable with the associated risks, including currency risk and geopolitical considerations.
Market Risk
CBON is suitable for long-term investors seeking diversification and income, but it's not ideal for active traders due to its less volatile nature compared to equity ETFs.
Summary
VanEck China Bond ETF (CBON) provides exposure to Renminbi-denominated investment grade bonds issued in mainland China, tracking the China Bond Index. It suits investors seeking diversification into the Chinese bond market but are aware of the involved currency and geopolitical risks. Its large AUM and liquidity provide an advantage to investors. CBON is more appropriate for long-term investors than active traders due to the lower volatility associated with bonds.
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Sources and Disclaimers
Data Sources:
- VanEck official website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Consult with a financial advisor before making any investment decisions. Market conditions can change rapidly, and past performance is not indicative of future results.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck China Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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