CN
Xtrackers MSCI All China Equity ETF
The Xtrackers Harvest MSCI All China Equity ETF is an exchange-traded fund incorporated in the USA. The fund seeks to track the performance of the MSCI All China Index.
Fund Basics
| Fund sponsor | Deutsche Bank AG |
| Category | Emerging Market Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Apr 29, 2014 |
| Assets (mns) | $7 |
| Expense ratio | 50 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| XTRACKERS MSCI CHINA A INCLUSION EQUITY | 45.5 % |
| TENCENT HOLDINGS LTD | 8.2 % |
| ALIBABA GROUP HOLDING LTD. | 5.5 % |
| XTRACKERS HARVEST CSI 500 CHINA A-SHARES | 3.7 % |
| MEITUAN DIANPING | 2.4 % |
| PINDUODUO, INC. SPONSORED ADR CLASS A | 1.8 % |
| CHINA CONSTRUCTION BANK-H | 1.7 % |
| PING AN INSURANCE GROUP CO-H | 1.2 % |
| NETEASE, INC | 1.2 % |
| BAIDU, INC. CLASS A | 1.1 % |
Constituent Breakdown
| Number of holdings | 209 |
| Herfindahl-Hirschman Index | 2,217 |
| Wgt avg mkt cap (mns) | $60,133 |
| Large cap (>$10bn) | 67.5% |
| Mid cap ($2-10bn) | 15.6% |
| Small cap (<$2bn) | 0.6% |
| Developed mkts. | 22.2% |
| Emerging mkts. | 77.8% |
Country Exposure
 |
CHINA | 46.1 % |
 |
HONG KONG | 4.4 % |
Historical Performance
Standardized Annual Returns (as of 08/31/2023)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| -5.5% | -9.0% | -17.5% | -11.8% | -1.4% | -- | 5.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.28 | 4% |
| MSCI EAFE | 0.59 | 18% |
| MSCI Emg Mkts | 1.14 | 63% |
Liquidity Measures
| Avg. volume (000) | 2 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.25% |
| ADV of underlying (mns) | $6,184 |
Technical Indicators
| Recent close | $26.81 |
| 30d moving avg. | $26.98 |
| Annualized volatility | 25.8% |
| Relative strength (RSI) | 39 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. CN |
Expenses vs. CN |
ALTAR Score™ vs. CN |
|---|---|---|---|---|
| MCHI | iShares MSCI China ETF | 50.9% | +8 bp | -0.2% |
| GXC | SPDR S&P China ETF | 49.8% | +9 bp | -0.2% |
| FLCH | Franklin FTSE China ETF | 49.1% | -31 bp | -0.1% |
| BKF | iShares MSCI BRIC ETF | 45.2% | +20 bp | -2.5% |
| KALL | KraneShares MSCI All China Index ETF | 42.9% | -1 bp | +0.1% |
| FXI | iShares China Large-Cap ETF | 34.8% | +24 bp | +2.3% |
| KESG | KraneShares MSCI China ESG Leaders Index ETF | 32.0% | +9 bp | +0.7% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | 31.5% | -1 bp | -3.2% |
| EMSG | Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF | 29.0% | -30 bp | -2.5% |
| GMF | SPDR S&P Emerging Asia Pacific ETF | 28.8% | -1 bp | -3.5% |
Risk and Returns: CN vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2022 | 2023E | Fwd Est | 2024E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 9/22/2023
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
CN
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
CN
10.7%
Cat. Avg
7.6%
Fund Category: Emerging Market Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 10.7% |
Recommendation
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
Category Overview
There are 186 funds in the Emerging Market Equities category, with an average ALTAR Score™
of 7.6% and a standard deviation of
4.1%. CN's ALTAR Score™ is approximately
0.8 standard deviations
above
the category average. This places CN in the 78th percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
CN
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
Trading data provided for free by IEX. By accessing this data you agree to abide by their Terms of Service.
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| CN | 50.0 | 25.2 | 75.2 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .