180 degrees turnaround for China Stock Read these articles here , here and here
It is fairly difficult to predict if the price of 60.55 on 7 Nov 2022 was the bottom for GXC ETF. If option 1 happens weeks/months later, then on hindsight we can said so. However, there lies another option (which imo is more likely) and that is more s
Key stats
About SPDR S&P CHINA ETF
Home page
Inception date
Mar 19, 2007
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
GXC tracks an index that attempts comprehensiveness with regards to investing in Chinese shares. The underlying index holds investable Chinese shares across all market-cap sizes. This includes major share classes like A, B, H, red chips, P chips, and foreign listings. The Index is also “float-adjusted,” meaning that only those shares publicly available to investors are included in the Index calculation. Weights are determined by float-adjusted market-cap, as well. Rebalancing is done annually in September with share changes and IPO updates in March, June, and December. Overall, GXC offers a broad exposure to the total Chinese market.
Classification
What's in the fund
Exposure type
Finance
Technology Services
Retail Trade
Stock breakdown by region
Top 10 holdings
Half Time - 2nd Half of 2023What is it going to be like for 2nd half of 2023 ?
I am getting more enquiries from my followers and friends about investing in China. Mostly, the vibes are negative - from a slump housing challenge to the ongoing never ending US- China relationships to the unpredictable CCP clamping on its own ec
Buying more GXC Looking at the weekly chart, I think the downside from the current price is 20 dollars , ie if it falls to 60 dollars. However, with the Central Government promising to support the economy more with its policies, I believe the stock market will recover soon....
Therefore, I will add some each month
Quick Analyses of China EquitiesBeen such a fan, waiting for so long, but I think the technical outlook for China Equities is not looking too good.
Three fails
Breakdown of the TDST puts it in Bearish primary trend mode.
MACD is bearish
VolDiv shows some accumulation
Some downside, highly probable.
Target at 66/67
then see how..
Portfolio Selected Visuals (PSV) vol IThis is a list of my personal portfolio selected ETFs with the simplest visuals, using MACD as the only technical indicator and the trend lines with breaks or breakdowns to give us a new series of PSV charts. ;-)
Note that these are using Weekly charts, and a break out is qualified when there is a
China ETF GXC - Bounce off support?It has been a really long time since GXC was updated. Previously, an imminent breakout was expected, but it failed, in an epic fashion, to find itself the bottom support of the triangle.
Has it bottomed out and ready for a bounce?
Early game, but just want to put in the observation that it might bo
Chine ETF GXC about to break out...For some time, GXC had been flagged as potential for upside... massive upside. Within a triangle, it had already gained over 10% since it was flagged.
This week, it appears to be breaking out... out of the triangle that it has been coiling in.
Obvious that the weekly and daily chart technical indic
China ETF GXC suprising outcomePreviously, GXC appeared to be coiling to launch a break out... it appears to have done so, but at a higher level .
Weekly technicals appear better suited for a impending breakout, Daily technicals are not yet ready and baking...
Still in the radar, but overall sense is that China (and Chinese equ
China ETF GXC pre-launch testPreviously been highlighting China, particularly as Chian equites have been misunderstood, maligned, and assumed to have downside due to their tough COVID-19 strategies.
As expected, GXC launched with a gap up. However, this gap up did not translate further into a gap and run, but instead stalled.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GXC trades at 1,660.77 MXN today, its price has risen 8.29% in the past 24 hours. Track more dynamics on GXC price chart.
GXC net asset value is 1,645.89 today — it's risen 6.56% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GXC assets under management is 8.18 B MXN. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
GXC price has risen by 9.84% over the last month, and its yearly performance shows a 34.16% increase. See more dynamics on GXC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.56% over the last month, showed a −4.94% decrease in three-month performance and has increased by 35.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.56% over the last month, showed a −4.94% decrease in three-month performance and has increased by 35.44% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GXC invests in stocks. See more details in our Analysis section.
GXC expense ratio is 0.59%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GXC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, GXC technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GXC shows the strong buy signal. See more of GXC technicals for a more comprehensive analysis.
Today, GXC technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GXC shows the strong buy signal. See more of GXC technicals for a more comprehensive analysis.
Yes, GXC pays dividends to its holders with the dividend yield of 2.53%.
GXC trades at a premium (0.64%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
GXC shares are issued by State Street Corp.
GXC follows the S&P China BMI. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 19, 2007.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.