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ECON
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Columbia Emerging Markets Consumer ETF (ECON)

Upturn stock ratingUpturn stock rating
$21.86
Delayed price
Profit since last BUY0.28%
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Consider higher Upturn Star rating
BUY since 33 days
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Upturn Advisory Summary

04/01/2025: ECON (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF
Historic Profit -13.58%
Avg. Invested days 47
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Volume (30-day avg) 11518
Beta 0.74
52 Weeks Range 19.41 - 22.96
Updated Date 04/2/2025
52 Weeks Range 19.41 - 22.96
Updated Date 04/2/2025

ai summary icon Upturn AI SWOT

Columbia Emerging Markets Consumer ETF

stock logo

ETF Overview

overview logo Overview

The Columbia Emerging Markets Consumer ETF (ECON) seeks to provide investment results that, before fees and expenses, correspond to the price and yield performance of the Emerging Markets Consumer Index. It focuses on companies that are expected to benefit from increased consumption in emerging markets.

reliability logo Reputation and Reliability

Columbia Threadneedle Investments has a strong reputation and a long track record in asset management.

reliability logo Management Expertise

Columbia Threadneedle has significant expertise in managing ETFs, particularly those focused on specific sectors and regions.

Investment Objective

overview logo Goal

To track the investment results of an index composed of emerging market consumer-related equities.

Investment Approach and Strategy

Strategy: ECON aims to track the Emerging Markets Consumer Index.

Composition The ETF primarily holds stocks of companies in emerging markets that are expected to benefit from increased consumption.

Market Position

Market Share: ECON's market share in the emerging market consumer ETF sector is relatively small.

Total Net Assets (AUM): 15090000

Competitors

overview logo Key Competitors

  • VWO
  • IEMG
  • EWZ
  • EEM

Competitive Landscape

The emerging markets ETF space is dominated by large, broad-based ETFs like VWO and IEMG. ECON faces challenges in gaining market share due to its narrower focus on consumer-related stocks and relatively small AUM. Advantages may include more focused exposure, but disadvantages include higher concentration risk.

Financial Performance

Historical Performance: Historical performance data is required to present data and is not contained in this prompt.

Benchmark Comparison: Benchmark comparison data is required to present data and is not contained in this prompt.

Expense Ratio: 0.55

Liquidity

Average Trading Volume

ECON's average trading volume is relatively low, which can impact the ease of buying and selling shares.

Bid-Ask Spread

The bid-ask spread for ECON can be wider than more liquid ETFs, potentially increasing transaction costs.

Market Dynamics

Market Environment Factors

Economic growth in emerging markets, consumer spending trends, and global trade policies significantly influence ECON's performance.

Growth Trajectory

ECON's growth is tied to the increasing consumer demand in emerging economies. Changes in sector allocation depend on the index methodology.

Moat and Competitive Advantages

Competitive Edge

ECON offers targeted exposure to the emerging markets consumer sector, which can be attractive to investors seeking to capitalize on rising middle class consumption. This focused approach differentiates it from broader emerging market ETFs. However, this also increases concentration risk as it's heavily reliant on a specific sector's performance within emerging economies. The ETF's value proposition depends on the sustained growth of consumer spending in emerging markets.

Risk Analysis

Volatility

ECON's volatility is expected to be high, reflecting the volatility of emerging markets and the consumer sector.

Market Risk

Risks include economic slowdowns in emerging markets, currency fluctuations, and changes in consumer preferences.

Investor Profile

Ideal Investor Profile

Investors who believe in the long-term growth potential of emerging market consumers and are seeking targeted exposure to this sector may find this ETF appealing.

Market Risk

ECON is suitable for long-term investors with a higher risk tolerance who are looking for specific sector exposure within emerging markets.

Summary

The Columbia Emerging Markets Consumer ETF (ECON) offers targeted exposure to the emerging markets consumer sector, appealing to investors bullish on long-term growth in this area. While it benefits from a focused investment strategy, it faces risks related to emerging market volatility and sector concentration. Its smaller AUM and relatively low liquidity may pose challenges for some investors. The ETF's success depends on the continued expansion of consumer spending in emerging economies and its ability to outperform broader market benchmarks.

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Sources and Disclaimers

Data Sources:

  • Columbia Threadneedle Investments Website
  • ETF.com
  • Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Columbia Emerging Markets Consumer ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund invests at least 80% of its net assets in equity securities of companies located in emerging market countries. The index reflects a rules-based strategic beta approach to investing in the companies that comprise the Solactive GBS Emerging Markets Large & Mid Cap USD Index with the index designed to seek to achieve stronger total return when compared with the Starting Universe.

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