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ETFs

Xtrackers MSCI China A Inclusion Equity ETF

ASHX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 20 2015
Expense Ratio
0.60%
Type
Global Ex. US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$6,711
AUM
$4,964,408
Associated Index
MSCI China A Inclusion Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

600519
Kweichow Moutai Co Ltd - Ordinary Shares - Class A
5.87%
300750
Contemporary Amperex Technology Co. Limited - Ordinary Shares - Class A
2.40%
600036
China Merchants Bank - Ordinary Shares - Class A
1.78%
000858
Yibin Wuliangye Co. Ltd. - Ordinary Shares - Class A
1.61%
600900
China Yangtze Power Co - Ordinary Shares - Class A
1.42%
601318
Ping AN Insurance (Group) Co. of China, Ltd. - Ordinary Shares - Class A
1.40%
002594
BYD Co - Ordinary Shares - Class A
1.15%
000568
Luzhoulaojiao Co. Ltd. - Ordinary Shares - Class A
0.88%
601166
Industrial Bank Co., Ltd - Ordinary Shares - Class A
0.88%
300760
Shenzhen Mindray Bio-Medical Electronics Co. Ltd. - Ordinary Shares - Class A
0.83%
Invest with ASHX

What is ASHX?

The Xtrackers MSCI China A Inclusion Equity ETF (ASHX) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI China A Inclusion Index. The MSCI China A Inclusion Index is designed to track the progressive partial inclusion of A shares in the MSCI Emerging Markets Index over time. The index is designed for global investors accessing the A shares market using the Stock Connect framework and is calculated using China A Stock Connect listings based on the offshore RMB exchange rate (CNH).

ETFs related toASHX

ETFs correlated to ASHX include ASHR, CHAU, CNYA

ASHX
DBX ETF Trust - Xtrackers MSCI China A-Inclusion Equity ETF
ASHR
DBX ETF Trust - Xtrackers Harvest CSI 300 China A-Shares ETF
CHAU
Direxion Shares ETF Trust - Direxion Daily CSI 300 China A Share Bull 2X Shares
CNYA
BlackRock Institutional Trust Company N.A. - iShares MSCI China A ETF
KBA
KraneShares Trust - KraneSharesBosera MSCI China A 50 Connect Index ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
GXC
SSgA Active Trust - SPDR S&P China ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
CQQQ
Invesco Capital Management LLC - Invesco China Technology ETF
GMF
SSgA Active Trust - SPDR S&P Emerging Asia Pacific ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toASHX

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ASHX using Composer

FAQ

ASHX is a Global Ex. US Equities ETF. The Xtrackers MSCI China A Inclusion Equity ETF (ASHX) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI China A Inclusion Index. The MSCI China A Inclusion Index is designed to track the progressive partial inclusion of A shares in the MSCI Emerging Markets Index over time. The index is designed for global investors accessing the A shares market using the Stock Connect framework and is calculated using China A Stock Connect listings based on the offshore RMB exchange rate (CNH).

ASHX tracks the MSCI China A Inclusion Index.

No, ASHX is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ASHX is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ASHX is -0.0052%. This is the percent change in the value of ASHX over the most recent 1-month period. The 3-month return on ASHX is -0.0265%. This is the percent change in the value of ASHX over the most recent 3-month period.

The standard deviation of ASHX for the past year is 0.2176%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ASHX include EWZ, EWW, and EWT.

ETFs correlated to ASHX include ASHR, CHAU, and CNYA.

ETFs that are inversely correlated to ASHX include YANG, EDZ, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.