|Bid||30.71 x 2900|
|Ask||30.75 x 1200|
|Day's Range||30.70 - 30.83|
|52 Week Range||23.98 - 34.07|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.07|
|Expense Ratio (net)||0.60%|
The KraneShares Bosera MSCI China A ETF (KBA), one of the largest US-listed exchange traded funds with exposures to the stocks trading on Mainland China, is broadening its investment mandate by moving to the MSCI China A Index, a shift that occurred at the end of May. Earlier this year, MSCI announced it would boost the exposure of A-shares in its international indexes, including the popular MSCI Emerging Markets Index.
NEW YORK, June 17, 2019 /PRNewswire/ -- Krane Funds Advisors, LLC, ("KraneShares") announced the benchmark for the KraneShares Bosera MSCI China A Share ETF (KBA) has broadened its investment mandate by adopting the MSCI China A Index as of May 31, 2019. The move occurred the same day that leading global index provider, MSCI, completed the first step of the three-step 2019 inclusion process of Shanghai and Shenzhen listed securities (A-Shares) into their Global Standard Indexes. "When looking at the inclusion process, we realized that the MSCI China A Inclusion Index will converge with the MSCI China A Index following the upcoming November introduction of mid-cap securities," said Brendan Ahern CIO of KraneShares.
Chinese stocks have been on fire this year, and so have China ETFs. Is this the beginning of a new rally in China stocks?
China exchange traded funds (ETFs) slumped Monday following news that index provider MSCI Inc. is postponing the transition MSCI All China Indexes to the MSCI China All Shares Indexes for nearly six months. ETFs focusing on China A-shares, the stocks trading on mainland China, slipped Monday. The VanEck Vectors ChinaAMC CSI 300 ETF (CNXT) , KraneShares Bosera MSCI China A ETF (KBA) and the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) all traded lower by more than 2% in early Monday trading.
China stocks are coming back from a dismal 2018, during which the biggest ETFs tracking Chinese equities lost between 11% and 36%.
With the books closing on the first quarter of 2019, it’s been a strong start for U.S. equities–the Dow Jones Industrial is up 12.56 percent through Monday’s close, the S&P 500 is up 14.37 percent and ...
We are presenting a bunch of top performing ETFs of the first quarter with a solid Zacks ETF Rank 1 or 2 which are expected to outperform in the quarter ahead.
China country-specific ETFs were among the best performers Friday as investors regained confidence on hints of progress in trade talks between the U.S. and Chinese delegations in Beijing. Among the best ...
As measured by the SPDR S&P 500 ETF (NYSEARCA:SPY), the world's largest exchange-traded fund (ETF), domestic stocks are off to fine starts this year. SPY is up nearly 11%. Of course, some of this year's best-performing ETFs are delivering returns well in excess of basic benchmarks like the S&P 500.There are over 2,300 exchange-traded products listed in the U.S., but when adding qualifiers in search of the best-performing ETFs, such as funds up at least 15%, the field significantly narrows.Predictably, many of this year's best-performing ETFs are thematic or niche funds that follow narrow investment segments.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Dow Jones Stocks to Buy This list of 2019's best-performing ETFs so far excludes leveraged funds because leveraged ETFs, no matter how tantalizing the returns, are not designed to be held for more than a few days. Without further ado, here are 10 of the best-performing ETFs to this point in 2019. Best-Performing ETFs: ETFMG Alternative Harvest ETF (MJ)Expense Ratio: 0.75% per year, or $75 on a $10,000 investment.The ETFMG Alternative Harvest ETF (NYSEARCA:MJ) has recently pulled back in modest fashion, but still sports a year-to-date gain of 43%, more than enough to make the cannabis fund one of this year's best-performing ETFs.Even with its meteoric ascent to start 2019, MJ could have plenty of upside left because it resides more than 19% below its 52-week high, underscoring how badly the fund was drubbed last year. A variety of catalysts are propelling MJ, the only dedicated cannabis ETF in the U.S., higher this year. Those include increased state-level legalization and the expected boom in the cannabidoil (CBD) market."The CBD market could represent a $16-billion opportunity by 2025, according to a report issued Monday by a team of Cowen analysts," reports ETF Daily News. "The findings are based on a roughly 40-percent increase in consumer incidence with the average user spending $640 -- or less than $2 per day -- each year." KraneShares Bosera MSCI China A ETF (KBA)Expense Ratio: 0.6%Chinese ETFs, including the KraneShares Bosera MSCI China A ETF (NYSEARCA:KBA) were already soaring, but got a major boost in late February when index provider MSCI said will increase the weight of A-shares in its international indexes, including the widely followed MSCI Emerging Markets Index.That news helped KBA affirm its status as one of 2019's best-performing ETFs, because the fund follows the MSCI China A Inclusion Index. That benchmark is chock full of the A-shares names MSCI is adding to its benchmarks. A-shares are the stocks trading on mainland China. * 9 Trade War Stocks to Sell on U.S.-China Deal News "MSCI is incrementally realigning China's overall weight in their Global Standard Indexes through the inclusion process, and upon completion, China A-Shares are predicted to account for about 16% of the MSCI Emerging Market (EM) Index which is tracked by $1.8 trillion in assets," according to KraneShares. "This will gradually increase China's overall weight, including Hong Kong and US listed Chinese companies, from 30% to over 40% of the MSCI Emerging Market Index." Reality Shares Nasdaq NexGen Economy China ETF (BCNA)Expense Ratio: 0.78%Keeping with the theme of China funds being among this year's best-performing ETFs, there is the Reality Shares Nasdaq NexGen Economy China ETF (NASDAQ:BCNA), which is up over 33% this year. BCNA follows the Reality Shares Nasdaq Blockchain China Index.That index "is designed to measure the returns of companies in China that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their use or for use by others," according to Reality Shares.While there is still plenty of time left in 2019, BCNA's start to the year affirms the notion that blockchain stocks and ETFs do not necessarily need bitcoin to move higher in order to notch gains themselves. Bitcoin, the largest cryptocurrency by market value, has traded only modestly higher this year. ProShares Long Online/Short Stores ETF (CLIX)Expense Ratio: 0.65%The ProShares Long Online/Short Stores ETF (NYSEARCA:CLIX) is up 20% this year. Importantly, there are credible reasons why CLIX is one of this year's best-performing ETFs."Short stores" is an operative phrase in the fund's title, particularly at a time when more than 2,200 store closures have been announced barely more than two months into 2019. Other data points confirm the move to online shopping, the long component in CLIX. * 7 Chinese Stocks to Buy for the 2019 Rebound "Consumers spent $517.36 billion online with U.S. merchants in 2018, up 15.0% from $449.88 billion spent the year prior," according to a new Internet Retailer analysis of industry data and historical U.S. Commerce Department figures. "That's a slight slowdown from 2017, when online sales grew 15.6% year over year, according to Commerce Department figures." Global X FinTech ETF (FINX)Expense Ratio: 0.68% The future of financial services is fintech and the Global X FinTech ETF (NASDAQ:FINX) proves as much. FINX is higher by almost 21% this year, making it one of the best-performing ETFs. Impressively, FINX is beating the largest traditional financial services ETF by a 2-to-1 margin this year.Mobile payments, the move away from cash, industry consolidaiton and international growth opportunities are among the fundamental factors bolstering FINX."Recent M&A in the payments industry and growing retailer adoption of cashless transactions further confirms the U.S. payment industry's growth prospects," according to Fitch Ratings. "Strong demand for electronic payments capabilities and related technology should support industry fundamentals for merchant acquirers, card processors, network operators, and technology and gateway providers, but large-scale acquisitions may have credit implications." Global X MSCI Colombia ETF (GXG)Expense Ratio: 0.61%The Global X MSCI Colombia ETF (NYSEARCA:GXG), the original Colombia ETF, is one of this year's best-performing ETFs tracking an international market and is higher by more than 23%. Rising commodities prices and strength in the broader emerging markets complex are among the forces at play with GXG.This year, GXG is handily outperforming the major Argentina, Brazil, Mexico and Peru ETFs, underscoring its status as one of the best-performing ETFs. Colombia, one of South America's largest economies, is decreasing its dependence on oil revenue. * 7 March Madness Stocks to Consider for the Big Dance Colombia's "services sector, which comprises a majority of its GDP and labor market, are evidence of an economy that is well into a transition phase," according to Global X research. "Oil revenues should continue to fuel growth, but consumption and non-traditional exports, which include services, renewable energy, and agriculture, are expected to become a greater source of growth as the country expands its infrastructure and increases productivity." iShares U.S. Oil Equipment & Services ETF (IEZ)Expense Ratio: 0.43%For believers in the energy sector's 2019 resurgence, the iShares U.S. Oil Equipment & Services ETF(NYSEARCA:IEZ)is a solid ETF to consider. Up more than 18%, it is also one of 2019's best-performing ETFs. IEZ follows the Dow Jones U.S. Select Oil Equipment & Services Index.The reason this is one of this year's best-performing ETFs is simple: oil services stocks and funds are usually highly correlated to oil prices, in both directions. Oil is among this year's leading commodities. Hence, IEZ is one of this year's best-performing ETFs.The fund holds 40 stocks, but over 26% of its combined weight is allocated to just two names: Schlumberger (NYSE:SLB)and Halliburton (NYSE:HAL). Invesco Solar ETF (TAN)Expense Ratio: 0.7%Seasoned solar investors know that the Invesco Solar ETF (NYSEARCA:TAN) historically gets it own boost from higher oil prices. Put simply, higher oil prices are seen as driving demand for alternative, cleaner, less-expensive energy sources, and solar checks those boxes. * 7 Dow Jones Stocks to Buy In other words, with oil surging, it is not surprising that TAN is one of this year's best-performing ETFs with a gain approaching 30%. The fund, however, is off more than 4% over the past week and could be vulnerable to a "sell the news" event if the U.S. and China finally reach a legitimate trade truce because China accounts for over 29% of TAN's geographic weight. SPDR S&P Software & Services ETF (XSW)Expense Ratio: 0.35%Tech funds are rebounding. Just look at the SPDR S&P Software & Services ETF (NYSEARCA:XSW), which is higher by almost 21% this year.XSW "seeks to provide exposure to the software and services segment of the S&P TMI, which comprises the following sub-industries: Application Software, Data Processing & Outsourced Services, Home Entertainment Software, IT Consulting & Other Services, and Systems Software," according to State Street.XSW is an equal-weight ETF so its 153 holdings are not dominated by large- and mega-cap software makers. Those holdings have a weighted average market value of $22.48 billion, which is low compared to rival cap-weighted funds. Global X E-commerce ETF (EBIZ)Expense Ratio: 0.68%Some new ETFs are not well-timed. The opposite is true of the Global X E-commerce ETF (NASDAQ:EBIZ), which debuted last November, making it the newest fund on this list. Rookie status aside, EBIZ is one of this year's best-performing ETFs as highlighted by a gain of 23%.Timing is not everything, but it is helping EBIZ. * 9 Trade War Stocks to Sell on U.S.-China Deal News "Ecommerce represented a growing share of the retail market in 2018, taking a 14.3% share of total retail sales last year, up from 12.9% in 2017 and 11.6% in 2016," notes Digital Commerce 360. "More significant is that ecommerce sales represented more than half, or 51.9%, of all retail sales growth. This is the largest share of growth for purchases made online since 2008, when ecommerce accounted for 63.8% of all sales growth."As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks That Should Be Worried About a Data Dividend * 5 Cheap ETFs Worth Considering * 7 Cheap Stocks Under $5 That Could Soar Compare Brokers The post The 10 Best-Performing ETFs This Year appeared first on InvestorPlace.
China has turned to its biggest tax cut in history to dispel some of the intense gloom that has fallen over the business sector, which is worse than Guangzhou pollution on a bad day. The world's largest parliament, in the form of the National People's Congress (NPC), is meeting in Beijing. First, China has pledged to reduce taxes and fees by 2 trillion yuan (US$298 billion), an aggressive step-up from last year.
Chinese markets and country-specific ETFs jumped Friday after index provider MSCI Inc. said it would more than quadruple the contribution of mainland Chinese A-shares in its widely observed global benchmark. ...
MSCI move that it will quadruple the weighting of Chinese mainland shares (A-shares) for a number of its indexes in three phases has led to rally in China A-Shares ETFs.
Chinese markets and country-specific ETFs surged Monday after President Donald Trump pushed off the tariff deadline, pointing to progress in the trade talks with China and announcing a "signing summit" with Chinese President Xi Jinping. On Monday, among the best performing non-leveraged ETFs, the VanEck Vectors ChinaAMC CSI 300 ETF (PEK) gained 6.3%, iShares MSCI China A ETF (CNYA) advanced 7.3%, Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) jumped 6.4% and KraneShares Bosera MSCI China A ETF (KBA) rose 6.1%. Further fueling optimism over a conclusion to the extended trade tiff between the U.S. and China, Trump announced a "signing summit" with Chinese leader Xi, CNN reports.
China country-specific ETFs rallied Tuesday after Chinese stocks experienced one of their best days since early November as hopeful traders bet on a resolution to the prolonged trade dispute between China and the U.S. On Tuesday, the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) gained 2.9%, KraneShares Bosera MSCI China A ETF (KBA) advanced 2.4% and iShares MSCI China A ETF (CNYA) rose 2.4%. Chinese mainland stocks jumped more than 3% ahead of the new round of talks between the United States and China to resolve a trade war as the two side sides meet in Washington D.C. on Tuesday, with follow-up sessions at a higher level later in the week.
China country-specific exchange traded funds maintained their momentum as a deal between the U.S. draws nearer with the world's two largest economies ironing out the details on an agreement to resolve an extended trade dispute that disrupted global markets. On Wednesday, the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) gained 1.9%, KraneShares Bosera MSCI China A ETF (KBA) advanced 1.7% and iShares MSCI China A ETF (CNYA) rose 1.6%. The three China A-shares country-specific ETFs were also trading back above their long-term, 200-day simple moving average.
China country-specific exchange traded funds led the charge Monday as trade talks resumed with the United States. On Monday, among the best performing non-leveraged ETFs, the Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) increased 3.2%, KraneShares Bosera MSCI China A ETF (KBA) advanced 2.6% and Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) gained 2.6%. White House senior counselor Kellyanne Conway on Monday expressed confidence in a possible deal, telling Fox News in an interview, “It looks that way, absolutely,” when asked if the two countries were closer to a trade deal, Reuters reports.
When investors are bargain hunting for opportunities in Asia, it's important to emphasize quality first and foremost compared to other nations like the United States or Europe. In 2018, investors rode the back of a tech wave spearheaded by the FAANG (Facebook, Amazon, Apple, Netflix, and Google) stocks. With these tech giants laser-focusing on growth and momentum, value investing fell to the wayside.
Chinese stocks are tumbling this year and no corner of equity markets in the world's second-largest economy are proving safe. The MSCI China A Index, which tracks stocks trading on mainland China, has lost more than a quarter of its value this year. The KraneShares Bosera MSCI China A Share ETF (NYSE: KBA) is likely to be among the China ETFs in the spotlight next year, particularly because KBA is one of the marquee U.S.-listed funds tracking mainland Chinese stocks, also known as A-shares.
China country-specific exchange traded funds were among the best performers Monday after President Donald Trump and Chinese President Xi Jinping agreed to a cease-fire in the trade war that gripped global ...
Chinese equities picked up where they left off on Friday, with country-related ETFs leading the charge on Monday, experiencing their best day in over two-and-a-half years. Among the best performing non-leveraged ...
Index provider MSCI Inc. recently completed its initial inclusion of A-shares, the stocks trading on Mainland China, in the company's international indexes, including the MSCI Emerging Markets Index. The initial implementation was so successful that MSCI is now consulting with clients about the possibility of including more A-shares in its international benchmark, a move that could benefit exchange traded funds such as the Xtrackers CSI 300 China A-Shares ETF (ASHR) and the KraneShares Bosera MSCI China A ETF (KBA). "The 5% initial inclusion of China A shares was successfully implemented in May and August 2018 with overwhelming positive feedback from market participants," said MSCI.
MSCI Inc. (MSCI), one of the largest providers of indexes for use by issuers of exchange-traded funds (ETFs), recently completed its initial inclusion of China A-shares in its international benchmarks, including the MSCI Emerging Markets Index. A-shares are the stocks trading in Mainland China on exchanges in Shanghai and Shenzhen. "The 5% initial inclusion of China A shares was successfully implemented in May and August 2018 with overwhelming positive feedback from market participants," said MSCI.
MSCI initiates the second leg of its multiyear plan to incorporate China mainland stocks into its global stock indexing system.