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ETFs

ETF Series Solutions Loncar China BioPharma ETF

CHNA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 14 2018
Expense Ratio
0.79%
Type
Global Ex. US Equities
Fund Owner
Exchange Traded Concepts
Volume (1m avg. daily)
$5,250
AUM
$4,049,650
Associated Index
Loncar China BioPharma Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No

Top 10 Holdings

6660
AIM Vaccine Co. Ltd - Ordinary Shares - Class H
3.67%
LEGN
Legend Biotech Corp - ADR
2.87%
6826
Shanghai Haohai Biological Technology Co. Ltd - Ordinary Shares - Class H
2.79%
2359
Wuxi AppTec Co. Ltd. - Ordinary Shares - Class H
2.77%
1099
Sinopharm Group Co Ltd
2.58%
BGNE
BeiGene Ltd - ADR
2.39%
2196
Shanghai Fosun Pharmaceutical (Group) Co., Ltd. - Ordinary Shares - Class H
2.34%
874
Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited - Ordinary Shares - Class H
2.19%
1952
Everest Medicines Limited
2.16%
1513
Livzon Pharmaceutical Group Inc. - Ordinary Shares - Class H
2.12%
Invest with CHNA

What is CHNA?

The Loncar China BioPharma ETF trades on Nasdaq under the symbol CHNA. It is made of up a basket of companies that are leading China s biotech revolution. With a focus on innovators, the fund contains globally listed pharmaceutical companies, biotech companies, drug manufacturers, diagnostics companies, wholesalers, distributors and service providers that have a strategic role in growing China s drug industry. CHNA ETF offers this global exposure all in the convenience of one security that trades in the United States. It tracks the LCHINA index.

ETFs related toCHNA

ETFs correlated to CHNA include CXSE, CHIQ, MCHI

CHNA
ETF Series Solutions Trust - Loncar China BioPharma ETF
CXSE
WisdomTree Trust - WisdomTree China ex-State-Owned Enterprises Fund
CHIQ
Global X Funds - Global X MSCI China Consumer Discretionary ETF
MCHI
BlackRock Institutional Trust Company N.A. - iShares MSCI China ETF
GXC
SSgA Active Trust - SPDR S&P China ETF
KWEB
KraneShares Trust - KraneShares CSI China Internet ETF
CWEB
Direxion Shares ETF Trust - Direxion Daily CSI China Internet Index Bull 2X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap ETF
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
EMQQ
Exchange Traded Concepts Trust - EMQQ The Emerging Markets Internet and Ecommerce ETF
EMC
Global X Funds - Global X Emerging Markets Great Consumer ETF

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 toCHNA

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with CHNA using Composer

FAQ

CHNA is a Global Ex. US Equities ETF. The Loncar China BioPharma ETF trades on Nasdaq under the symbol CHNA. It is made of up a basket of companies that are leading China s biotech revolution. With a focus on innovators, the fund contains globally listed pharmaceutical companies, biotech companies, drug manufacturers, diagnostics companies, wholesalers, distributors and service providers that have a strategic role in growing China s drug industry. CHNA ETF offers this global exposure all in the convenience of one security that trades in the United States. It tracks the LCHINA index.

CHNA tracks the Loncar China BioPharma Index.

No, CHNA 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, CHNA 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 CHNA is -0.0204%. This is the percent change in the value of CHNA over the most recent 1-month period. The 3-month return on CHNA is -0.1062%. This is the percent change in the value of CHNA over the most recent 3-month period.

The standard deviation of CHNA for the past year is 0.439%. 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 CHNA include IXN, IXJ, and SMH.

ETFs correlated to CHNA include CXSE, CHIQ, and MCHI.

ETFs that are inversely correlated to CHNA 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.