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VanEck China Bond ETF (CBON)

22.38 -0.03 (-0.13%)
At close: 12:30 PM EDT

ETF Summary

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is calculated by FTSE Russell Ltd. and is entirely comprised of fixed-rate, Renminbi-denominated bonds issued in the People’s Republic of China (“China” or the “PRC”) by Chinese credit, governmental and quasi-governmental (e.g.,policy banks) issuers (“RMB Bonds”) with a maturity of 0-10 years. The fund is non-diversified.

Risk Overview

Performance & Risk

YTD Return 3.03%
5y Average Return 3.41%
Rank in Category (ytd) --
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.55
Morningstar Risk Rating --

Risk Statistics

3 Years5 Years10 Years
CBONCategory AverageCBONCategory AverageCBONCategory Average
Alpha -0.4 3.02 2.56 1.11 0 -0.87
BETA 0.55 1.04 0.55 1.06 0 0.99
Mean Annual Return 0.06 0.14 0.33 0.13 0 0.09
R-squared 50.16 59.37 39.75 35.33 0 20.04
Standard Deviation 5.89 10.16 5.29 11.09 0 10.89
Sharpe Ratio -0.54 -0.21 0.28 -0.08 0 -0.06
Treynor Ratio -6.06 -2.62 2.56 -1.39 0 -1.38

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