Columbia Emerging Markets Etf Profile
| ECON Etf | USD 21.19 0.01 0.05% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Columbia Emerging is selling at 21.19 as of the 30th of November 2024; that is 0.05 percent increase since the beginning of the trading day. The etf's open price was 21.18. Columbia Emerging has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Columbia Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in securities of emerging markets consumer companies which comprise the index and the advisor generally expects to be substantially invested at such times with at least 95 percent of its net assets invested in these securities. More on Columbia Emerging Markets
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Columbia Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Consumer Discretionary ETFs, Diversified Emerging Mkts, Columbia Threadneedle (View all Sectors) |
| Issuer | Columbia |
| Inception Date | 2010-09-13 |
| Benchmark | Dow Jones Emerging Markets Consumer Titans Index |
| Entity Type | Regulated Investment Company |
| Average Trading Valume | 100,493.6 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Consumer Discretionary |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Columbia Management Investment Advisers, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Christopher Lo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 218 |
| Market Maker | Jane Street |
| Total Expense | 0.49 |
| Management Fee | 0.49 |
| Country Name | USA |
| Returns Y T D | 1.58 |
| Name | Columbia Emerging Markets Consumer ETF |
| Currency Code | USD |
| Open Figi | BBG0015YT5B2 |
| In Threey Volatility | 16.84 |
| 1y Volatility | 11.39 |
| 200 Day M A | 21.1589 |
| 50 Day M A | 22.0474 |
| Code | ECON |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
Columbia Emerging Markets [ECON] is traded in USA and was established 2010-09-14. The fund is listed under Diversified Emerging Mkts category and is part of Columbia Threadneedle family. The entity is thematically classified as Sector ETFs. Columbia Emerging Markets currently have 82.65 M in assets under management (AUM). , while the total return for the last 3 years was -3.4%.
Check Columbia Emerging Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Columbia Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Columbia Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Columbia Emerging Markets Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Columbia Emerging Markets Currency Exposure
Columbia Emerging Markets holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Columbia Emerging will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Columbia Emerging Markets.
Top Columbia Emerging Markets Etf Constituents
| EDU | New Oriental Education | Stock | Consumer Discretionary | |
| YUMC | Yum China Holdings | Stock | Consumer Discretionary | |
| NAPRF | Naspers Limited | Pink Sheet | Internet Content & Information | |
| FMXUF | Fomento Econmico Mexicano | Pink Sheet | Beverages—Brewers | |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
| TAL | TAL Education Group | Stock | Consumer Discretionary | |
| NTES | NetEase | Stock | Communication Services | |
| JD | JD Inc Adr | Stock | Consumer Discretionary |
Columbia Emerging Markets Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Columbia Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0057 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.12) |
Columbia Emerging Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Columbia Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Columbia Emerging Markets is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Emerging's value that differs from its market value or its book value, called intrinsic value, which is Columbia Emerging's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbia Emerging's market value can be influenced by many factors that don't directly affect Columbia Emerging's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbia Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Emerging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.