CBONVanEck China Bond ETF

Get income11y track recordRanked #1,090 of 1,622 in this goal

Seeks to replicate the price and yield performance of the FTSE Chinese Broad Bond Index.

By VanEck · Launched 2014

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$24M

#4,233 of 5,562 · small

Dividend YieldGoal

1.56%

Track Record

11 years

#1,247 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,909+9.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

Asia pacific

Strategy

Index tracking

Index tracked

FTSE Chinese Broad Bond 0-10 Years Diversified Select Index

What it actually holds

By weight

Concentration

Top 10 holdings = 51.1% of fundmoderately concentrated

CHINA PETROCHEM CORP

7.8%

AGRICUL DEV BANK CHINA

6.6%

CHINA GOVERNMENT BOND

5.8%

CHINA GOVERNMENT BOND

5.6%

CHINA EVERBRIGHT BANK

4.6%

BANK OF COMMUNICATIONS

4.6%

STATE GRID CORP OF CHINA

4.4%

CHINA PETROLEUM & CHEM

4.1%

CHINA DEVELOPMENT BANK

4.0%

China Development Bank

3.7%

Asset allocation

Bonds

95.8%

Cash

4.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.4%Low

Year-on-year price swings

Max drawdown

-14.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.33Below average

Sortino (3Y)

0.48Moderate downside risk

Bond profile

Duration

2.6 years

Avg maturity

11.3 years

Credit ratings

US Government

38.2%

43.6%

Other

56.4%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to replicate the price and yield performance of the FTSE Chinese Broad Bond Index.
Strategy: Invests primarily in RMB-denominated bonds issued in China with a maturity of 0-10 years. Uses a sampling methodology to approximate the Index's performance, focusing on investment-grade credit bonds and selected governmental and quasi-governmental bonds.
Inception date: November 10, 2014
Fund family: VanEck