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ETFs

GLCN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 13 2010
Expense Ratio
0.60%
Type
Global Ex. US Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$19,369
AUM
$11,660,000
Associated Index
MarketGrader China All-Cap Growth Leaders Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
-USD CASH-
80.76%
Other/Cash
11.34%
n/a
-CNY CASH-
7.87%
1995
CIFI Ever Sunshine Services Group Limited
0.03%
n/a
-HKD CASH-
0.00%
2606
Sichuan Languang Justbon Services Group
0.00%
Invest with GLCN

What is GLCN?

VanEck China Growth Leaders ETF (GLCN) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader China All-Cap Growth Leaders Index (MGCNGRNR), which consists of fundamentally sound Chinese companies that exhibit attractive growth potential at a reasonable price.

ETFs related toGLCN

ETFs correlated to GLCN include CNYA, KBA, ASHR

GLCN
VanEck ETF Trust - VanEck China Growth Leaders ETF
CNYA
BlackRock Institutional Trust Company N.A. - iShares MSCI China A ETF
KBA
KraneShares Trust - KraneSharesBosera MSCI China A 50 Connect Index 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
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
YINN
Direxion Shares ETF Trust - Direxion Daily FTSE China Bull 3X Shares
FXI
BlackRock Institutional Trust Company N.A. - iShares China Large-Cap 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 toGLCN

#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 GLCN using Composer

FAQ

GLCN is a Global Ex. US Equities ETF. VanEck China Growth Leaders ETF (GLCN) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader China All-Cap Growth Leaders Index (MGCNGRNR), which consists of fundamentally sound Chinese companies that exhibit attractive growth potential at a reasonable price.

GLCN tracks the MarketGrader China All-Cap Growth Leaders Index.

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

The standard deviation of GLCN for the past year is 0.2384%. 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 GLCN include EWU, EWT, and EWG.

ETFs correlated to GLCN include CNYA, KBA, and ASHR.

ETFs that are inversely correlated to GLCN include YANG, EDZ, and USDU.

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.