Xtrackers Harvest Csi Etf Profile
| ASHR Etf | USD 24.17 0.13 0.53% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Xtrackers Harvest is selling at 24.17 as of the 23rd of April 2024; that is -0.53 percent decrease since the beginning of the trading day. The etf's lowest day price was 24.1. Xtrackers Harvest has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Xtrackers Harvest CSI are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund will normally invest at least 80 percent of its total assets in securities of issuers that comprise the underlying index. Xt Harvest is traded on NYSEARCA Exchange in the United States. More on Xtrackers Harvest CSI
Moving together with Xtrackers Etf
| 0.82 | KWEB | KraneShares CSI China Aggressive Push | PairCorr |
| 0.86 | FXI | iShares China Large Aggressive Push | PairCorr |
| 0.83 | EWT | iShares MSCI Taiwan | PairCorr |
| 0.95 | GXC | SPDR SP China | PairCorr |
| 0.83 | CQQQ | Invesco China Technology | PairCorr |
| 0.92 | CXSE | WisdomTree China | PairCorr |
Moving against Xtrackers Etf
| 0.73 | FNGD | MicroSectors FANG Index | PairCorr |
| 0.72 | HUM | Humana Inc Earnings Call Tomorrow | PairCorr |
| 0.49 | VXX | iPath Series B | PairCorr |
Xtrackers Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Xtrackers Harvest's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Xtrackers Harvest or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Old Name | Deutsche X-trackers Harvest |
| Business Concentration | Broad Equity ETFs, Strategy ETFs, China Region, Xtrackers (View all Sectors) |
| Issuer | DWS |
| Inception Date | 2013-11-06 |
| Benchmark | CSI 300 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.69 Billion |
| Average Trading Valume | 3.06 Million |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Asia-Pacific |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | DBX Advisors LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Teresa Zheng |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 568 |
| Market Maker | GTS |
| Total Expense | 0.65 |
| Management Fee | 0.65 |
| Country Name | USA |
| Returns Y T D | 1.63 |
| Name | Xtrackers Harvest CSI 300 China A-Shares ETF |
| Currency Code | USD |
| Open Figi | BBG005HJL923 |
| In Threey Volatility | 21.53 |
| 1y Volatility | 18.59 |
| 200 Day M A | 24.9192 |
| 50 Day M A | 24.0816 |
| Code | ASHR |
| Updated At | 22nd of April 2024 |
| Currency Name | US Dollar |
Xtrackers Harvest CSI [ASHR] is traded in USA and was established 2013-11-06. The fund is listed under China Region category and is part of Xtrackers family. The entity is thematically classified as Broad Equity ETFs. Xtrackers Harvest CSI presently have 1.57 B in assets under management (AUM). , while the total return for the last 3 years was -13.1%.
Check Xtrackers Harvest 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 Xtrackers Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Xtrackers 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 Xtrackers Harvest CSI 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.
Xtrackers Harvest CSI Currency Exposure
Xtrackers Harvest CSI 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 Xtrackers Harvest 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 Xtrackers Harvest CSI.
Top Xtrackers Harvest CSI Etf Constituents
| 002920 | Huizhou Desay SV | Stock | Consumer Discretionary |
| 000408 | Zangge Holding Co | Stock | Industrials |
| 600132 | Chongqing Brewery Co | Stock | Consumer Staples |
| 000858 | Wuliangye Yibin Co | Stock | Consumer Staples |
| 600795 | GD Power Development | Stock | Utilities |
| 600000 | Shanghai Pudong Development | Stock | Financials |
| 300999 | Yihai Kerry Arawana | Stock | Consumer Staples |
Xtrackers Harvest Target Price Odds Analysis
In regard to a normal probability distribution, the odds of Xtrackers Harvest jumping above the current price in 90 days from now is about 29.02%. The Xtrackers Harvest CSI probability density function shows the probability of Xtrackers Harvest etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Xtrackers Harvest has a beta of 0.2648. This suggests as returns on the market go up, Xtrackers Harvest average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Xtrackers Harvest CSI will be expected to be much smaller as well. Additionally, xtrackers Harvest CSI has an alpha of 0.1197, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Xtrackers Harvest to move above the current price in 90 days from now is about 29.02 (This Xtrackers Harvest CSI probability density function shows the probability of Xtrackers Etf to fall within a particular range of prices over 90 days) .
Xtrackers Harvest Top Holders
| PDAVX | Pinebridge Dynamic Asset | Mutual Fund | World Allocation |
| CHAU | Direxion Daily CSI | Etf | Trading--Leveraged Equity |
| PDAIX | Pinebridge Dynamic Asset | Mutual Fund | World Allocation |
| PYF-U | Purpose Fund Corp | Etf | CA Etf |
| PYF-B | Purpose Fund Corp | Etf | CA Etf |
| GOPIX | Aberdeen China Oppty | Mutual Fund | China Region |
| GDMA | Alpha Architect Gdsdn | Etf | Moderate Allocation |
Xtrackers Harvest CSI Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Xtrackers Harvest market risk premium is the additional return an investor will receive from holding Xtrackers Harvest long position in a well-diversified portfolio. 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 Xtrackers Harvest. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Xtrackers Harvest's alpha and beta are two of the key measurements used to evaluate Xtrackers Harvest's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0808 | |||
| Jensen Alpha | 0.1197 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.059 |
Xtrackers Harvest Against Markets
Picking the right benchmark for Xtrackers Harvest etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Xtrackers Harvest etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Xtrackers Harvest is critical whether you are bullish or bearish towards Xtrackers Harvest CSI at a given time. Please also check how Xtrackers Harvest's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Xtrackers Harvest without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Xtrackers Etf?
Before investing in Xtrackers Harvest, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Xtrackers Harvest. To buy Xtrackers Harvest etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Xtrackers Harvest. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Xtrackers Harvest etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Xtrackers Harvest CSI etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Xtrackers Harvest CSI etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Xtrackers Harvest CSI, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Xtrackers Etf please use our How to Invest in Xtrackers Harvest guide.
Already Invested in Xtrackers Harvest CSI?
The danger of trading Xtrackers Harvest CSI is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Xtrackers Harvest is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Xtrackers Harvest. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Xtrackers Harvest CSI is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Xtrackers Harvest CSI is a strong investment it is important to analyze Xtrackers Harvest's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Xtrackers Harvest's future performance. For an informed investment choice regarding Xtrackers Etf, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xtrackers Harvest CSI. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Xtrackers Harvest CSI information on this page should be used as a complementary analysis to other Xtrackers Harvest's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of Xtrackers Harvest CSI is measured differently than its book value, which is the value of Xtrackers that is recorded on the company's balance sheet. Investors also form their own opinion of Xtrackers Harvest's value that differs from its market value or its book value, called intrinsic value, which is Xtrackers Harvest'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 Xtrackers Harvest's market value can be influenced by many factors that don't directly affect Xtrackers Harvest'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 Xtrackers Harvest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xtrackers Harvest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xtrackers Harvest'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.