VanEck China Bond ETF chart

Last update: 2022-12-30
Key statistics and financials
Three year average return 6.12%
YTD return -0.49%
Beta 3Y -0.03
Total Assets 123.33M
Annual report expense ratio 0.50%

Company description

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of fixed-rate, Renminbi ("RMB")-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"). The fund is non-diversified.

Sector: N/A - Industry: N/A


Insider Transactions

Here are the insider transactions of stock shares related to VanEck China Bond ETF:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to VanEck China Bond ETF. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on VanEck China Bond ETF

Here is the result of two systematic investment strategies applied to VanEck China Bond ETF. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on VanEck China Bond ETF

The following chart shows the equity curve of the two systematic investment strategies applied to VanEck China Bond ETF:

VanEck China Bond ETF automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 6.32% on the backtest period.

Performance at glance

Performance

6.32 %

Latent gain

140.37 $

Invested capital

2220.9 $

Annualized return

1.53 %
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Momentum strategy results on VanEck China Bond ETF

This is the result of two momentum investment strategies applied to VanEck China Bond ETF. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on VanEck China Bond ETF

The following chart shows all the entries opened by the momentum investment system on VanEck China Bond ETF:

VanEck China Bond ETF momentum entries
  • The first momentum investment strategy would give 6.77% of return on VanEck China Bond ETF. That represents 299.45$ of latent gain with 4423.09$ of employed capital.
  • The second momentum investment strategy would give 7.61% of return on VanEck China Bond ETF. That represents 239.24$ of latent gain with 3144.44$ of employed capital.
Performance at glance (1Q Momentum)

Performance

6.77 %

Latent gain

299.45 $

Invested capital

4423.09 $

Annualized return

4.6 %
Performance at glance (2Q Momentum)

Performance

7.61 %

Latent gain

239.24 $

Invested capital

3144.44 $

Annualized return

2.08 %

Momentum equity curve on VanEck China Bond ETF

The following chart shows the equity curve of the two momentum strategies applied to VanEck China Bond ETF:

VanEck China Bond ETF momentum equity

Note: the dividends potentially given by VanEck China Bond ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on VanEck China Bond ETF

The following chart shows the employed capital evolution of the two momentum strategies on VanEck China Bond ETF since the beginning:

VanEck China Bond ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on VanEck China Bond ETF

Buy the dip entry openings on VanEck China Bond ETF

VanEck China Bond ETF

The performance achieved by the robo-advisor on VanEck China Bond ETF is 9.85%. That represents 24.01$ of latent gain with 243.76$ of employed capital. The following chart shows VanEck China Bond ETF stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of VanEck China Bond ETF, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

9.85 %

Latent gain

24.01 $

Invested capital

243.76 $

Annualized return

4.6 %

Equity curve of the strategy applied to VanEck China Bond ETF

The following chart shows the result of the investment strategy applied to VanEck China Bond ETF:

VanEck China Bond ETF

Note: the dividends potentially given by VanEck China Bond ETF are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on VanEck China Bond ETF

The following chart shows the employed capital evolution since the beginning of the investment strategy on VanEck China Bond ETF:

VanEck China Bond ETF

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on VanEck China Bond ETF

In this section, I will compare the three previous investment strategies applied to VanEck China Bond ETF.

Equity curve comparison on VanEck China Bond ETF

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

VanEck China Bond ETF investment strategy comparison

Employed capital comparison on VanEck China Bond ETF

VanEck China Bond ETF investment comparison

Performance comparison on VanEck China Bond ETF

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 6.32% 140.37$ 2220.9$ 1.53%
Momentum 1 quarter 6.77% 299.45$ 4423.09$ 1.74%
Momentum 2 quarters 7.61% 239.24$ 3144.44$ 2.08%
Non-directional 9.85% 24.01$ 243.76$ 4.6%
Annualized return comparison

Automatic investment

1.53 %

Momentum 1Q

2.08 %

Momentum 2Q

2.08 %

Non-directional

4.6 %

Correlated stocks

Here are the most positively and negatively correlated stocks with VanEck China Bond ETF:

Positive correlations

Most correlated stocks this year

  • VanEck China Bond ETF

  • Most correlated stocks last 3 months

  • WISDOMTREE CHINESE YUAN STRATEGY FUND N/A
  • VanEck China Bond ETF

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • PAN ASIA DATA H
  • YEEBO (INTL H)

  • Note: The algorithm computes the probability of correlation between VanEck China Bond ETF and the other stocks. There may be false positives or some missing correlated stocks. If the price of VanEck China Bond ETF does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name VanEck China Bond ETF
    Country
    City
    Address
    Phone
    Website
    FullTime employees
    Industry
    Sector
    Exchange ARCX
    Ticker CBON
    Market

    VanEck China Bond ETF ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown