Columbia Emerging Markets Etf Profile
| ECON Etf | USD 20.30 0.38 1.91% |
Performance2 of 100
| Odds Of DistressLess than 9
|
Columbia Emerging is selling at 20.30 as of the 23rd of April 2024; that is 1.91 percent increase since the beginning of the trading day. The etf's open price was 19.92. Columbia Emerging has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Columbia Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of May 2022 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests at least 80 percent of its net assets in securities of emerging markets consumer companies which comprise the index and the advisor generally expects to be substantially invested at such times with at least 95 percent of its net assets invested in these securities. More on Columbia Emerging Markets
Moving together with Columbia Etf
| 0.89 | VWO | Vanguard FTSE Emerging | PairCorr |
| 0.89 | IEMG | iShares Core MSCI Aggressive Push | PairCorr |
| 0.85 | EEM | iShares MSCI Emerging Aggressive Push | PairCorr |
| 0.87 | SPEM | SPDR Portfolio Emerging | PairCorr |
| 0.84 | FNDE | Schwab Fundamental | PairCorr |
| 0.93 | ESGE | iShares ESG Aware | PairCorr |
| 0.81 | DGS | WisdomTree Emerging | PairCorr |
Moving against Columbia Etf
| 0.75 | FNGD | MicroSectors FANG Index Downward Rally | PairCorr |
| 0.47 | HUM | Humana Inc Earnings Call Tomorrow | PairCorr |
Columbia 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. Columbia Emerging's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Columbia Emerging or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Consumer Discretionary ETFs, Diversified Emerging Mkts, Columbia Threadneedle (View all Sectors) |
| Issuer | Columbia |
| Inception Date | 2010-09-13 |
| Benchmark | Dow Jones Emerging Markets Consumer Titans Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 56.9 Million |
| Average Trading Valume | 4,250.1 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Consumer Discretionary |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Columbia Management Investment Advisers, LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Christopher Lo |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 71.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.49 |
| Management Fee | 0.49 |
| Country Name | USA |
| Returns Y T D | (4.49) |
| Name | Columbia Emerging Markets Consumer ETF |
| Currency Code | USD |
| Open Figi | BBG0015YT5B2 |
| In Threey Volatility | 17.58 |
| 1y Volatility | 14.6 |
| 200 Day M A | 20.4181 |
| 50 Day M A | 20.4236 |
| Code | ECON |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
Columbia Emerging Markets [ECON] is traded in USA and was established 2010-09-14. The fund is listed under Diversified Emerging Mkts category and is part of Columbia Threadneedle family. The entity is thematically classified as Sector ETFs. Columbia Emerging Markets currently have 82.65 M in assets under management (AUM). , while the total return for the last 3 years was -9.1%.
Check Columbia Emerging 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 Columbia Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Columbia 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 Columbia Emerging Markets 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.
Columbia Emerging Markets Currency Exposure
Columbia Emerging Markets 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 Columbia Emerging 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 Columbia Emerging Markets.
Top Columbia Emerging Markets Etf Constituents
| EDU | New Oriental Education | Stock | Consumer Discretionary |
| YUMC | Yum China Holdings | Stock | Consumer Discretionary |
| NAPRF | Naspers Limited | Pink Sheet | Internet Content & Information |
| FMXUF | Fomento Econmico Mexicano | Pink Sheet | Beverages—Brewers |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
| TAL | TAL Education Group | Stock | Consumer Discretionary |
| NTES | NetEase | Stock | Communication Services |
Columbia Emerging Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of Columbia Emerging jumping above the current price in 90 days from now is about 51.33%. The Columbia Emerging Markets probability density function shows the probability of Columbia Emerging etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Columbia Emerging has a beta of 0.7538 suggesting as returns on the market go up, Columbia Emerging average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Columbia Emerging Markets will be expected to be much smaller as well. Additionally, columbia Emerging Markets has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Columbia Emerging to move above the current price in 90 days from now is about 51.33 (This Columbia Emerging Markets probability density function shows the probability of Columbia Etf to fall within a particular range of prices over 90 days) .
Columbia Emerging Markets Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Columbia Emerging market risk premium is the additional return an investor will receive from holding Columbia Emerging 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 Columbia Emerging. 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 Columbia Emerging's alpha and beta are two of the key measurements used to evaluate Columbia Emerging's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0343 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.06) |
Columbia Emerging Against Markets
Picking the right benchmark for Columbia Emerging 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 Columbia Emerging 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 Columbia Emerging is critical whether you are bullish or bearish towards Columbia Emerging Markets at a given time. Please also check how Columbia Emerging'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 Columbia Emerging 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?
Run Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
| All Next | Launch Module |
How to buy Columbia Etf?
Before investing in Columbia Emerging, 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 Columbia Emerging. To buy Columbia Emerging etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Columbia Emerging. 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 Columbia Emerging etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Columbia Emerging Markets 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 Columbia Emerging Markets 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 Columbia Emerging Markets, 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 Columbia Etf please use our How to Invest in Columbia Emerging guide.
Already Invested in Columbia Emerging Markets?
The danger of trading Columbia Emerging Markets 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 Columbia Emerging 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 Columbia Emerging. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Columbia Emerging Markets 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 Columbia Emerging Markets offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Columbia Emerging's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Columbia Emerging Markets Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Columbia Emerging Markets Etf: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Columbia Emerging Markets. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of Columbia Emerging Markets is measured differently than its book value, which is the value of Columbia that is recorded on the company's balance sheet. Investors also form their own opinion of Columbia Emerging's value that differs from its market value or its book value, called intrinsic value, which is Columbia Emerging'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 Columbia Emerging's market value can be influenced by many factors that don't directly affect Columbia Emerging'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 Columbia Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbia Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbia Emerging'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.