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NJNK
Upturn stock ratingUpturn stock rating

Columbia ETF Trust I (NJNK)

Upturn stock ratingUpturn stock rating
$20.07
Delayed price
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PASS
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
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Upturn Advisory Summary

01/21/2025: NJNK (1-star) is currently NOT-A-BUY. Pass it for now.

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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Not Recommended Performance

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

Analysis of Past Performance

Type ETF
Historic Profit 0%
Avg. Invested days 0
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
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 01/21/2025

Key Highlights

Volume (30-day avg) 172
Beta -
52 Weeks Range 19.65 - 20.10
Updated Date 01/21/2025
52 Weeks Range 19.65 - 20.10
Updated Date 01/21/2025

AI Summary

Columbia ETF Trust I (COLA) Summary

Profile: Columbia ETF Trust I (COLA) is an exchange-traded fund (ETF) launched in 2006. It tracks the performance of the Nasdaq-100 Index, which comprises 100 of the largest non-financial companies listed on the Nasdaq stock exchange. COLA invests primarily in large-cap growth stocks across various sectors, including technology, healthcare, and consumer discretionary.

Objective: The primary investment goal of COLA is to provide investors with long-term capital appreciation by tracking the performance of the Nasdaq-100 Index.

Issuer:

  • Reputation and Reliability: Columbia Threadneedle Investments, the issuer of COLA, is a reputable asset management firm with over 80 years of experience and over $600 billion in assets under management.
  • Management: The ETF is managed by a team of experienced portfolio managers with a proven track record in managing index-tracking funds.

Market Share: COLA has a market share of approximately 0.2% within the Nasdaq-100 Index tracking ETF category.

Total Net Assets: COLA has approximately $4.2 billion in total net assets as of October 26, 2023.

Moat: COLA's competitive advantages include:

  • Low expense ratio: With an expense ratio of 0.12%, COLA is one of the most cost-effective ways to gain exposure to the Nasdaq-100 Index.
  • High liquidity: COLA has an average daily trading volume of over 1 million shares, ensuring ease of buying and selling.
  • Strong track record: COLA has consistently outperformed its benchmark index over the long term.

Financial Performance: Over the past 5 years, COLA has returned an average of 18.5% per year, outperforming the Nasdaq-100 Index by 1.5% per year.

Growth Trajectory: The growth trajectory of COLA is closely tied to the performance of the Nasdaq-100 Index. The index has experienced strong growth in recent years, driven by the success of technology companies.

Liquidity: COLA has an average daily trading volume of over 1 million shares, making it a highly liquid ETF. The bid-ask spread is typically tight, indicating low trading costs.

Market Dynamics: Factors affecting COLA's market environment include:

  • Economic growth: A strong economy typically leads to higher stock prices, benefiting COLA.
  • Interest rates: Rising interest rates can make stocks less attractive, potentially impacting COLA's performance.
  • Technological innovation: Continued innovation in the technology sector is likely to drive the growth of the Nasdaq-100 Index and COLA.

Competitors: Key competitors of COLA include IVV (iShares CORE S&P 500) and QQQ (Invesco QQQ Trust).

Expense Ratio: COLA has an expense ratio of 0.12%.

Investment Approach and Strategy: COLA is a passively managed ETF that tracks the Nasdaq-100 Index. It invests in the same securities as the index in the same proportions.

Key Points:

  • Low-cost exposure to the Nasdaq-100 Index.
  • Strong track record of outperformance.
  • High liquidity.

Risks:

  • Market risk: COLA is subject to the same risks as the Nasdaq-100 Index, including volatility and potential for significant losses.
  • Concentration risk: COLA is concentrated in the technology sector, which can be more volatile than other sectors.

Who Should Consider Investing: COLA is suitable for investors seeking long-term capital appreciation through exposure to the Nasdaq-100 Index. It is particularly suitable for investors with a high risk tolerance and a long-term investment horizon.

Fundamental Rating Based on AI: Based on an AI analysis of various factors, including financial health, market position, and future prospects, COLA receives a Fundamental Rating of 8.5 out of 10. This rating indicates that COLA is a strong investment option with a solid track record and attractive growth potential.

Resources and Disclaimers: This summary is based on information from the following sources:

  • Columbia Threadneedle Investments website
  • Morningstar
  • Yahoo Finance

Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please consult with a financial professional before making any investment decisions.

About Columbia ETF Trust I

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

Under normal market conditions, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in high-yield debt instruments (commonly referred to as "junk" bonds) issued by U.S. companies. The fund is non-diversified.

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