SHANXI SECURITIES INT AM LTD SSIF DCE IRON ORE FUT INDEX USD ETF

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.

9047 trades at 2.722 USD today, its price has fallen −1.31% in the past 24 hours. Track more dynamics on 9047 price chart.

9047 net asset value is 2.62 today — it's risen 0.80% 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.

9047 assets under management is ‪10.13 M‬ USD. 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.

9047 price has fallen by −1.31% over the last month, and its yearly performance shows a −12.81% decrease. See more dynamics on 9047 price chart.
NAV returns, another gauge of an ETF dynamics, showed a −9.04% decrease in three-month performance and has decreased by −10.38% 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.

9047 invests in cash. See more details in our Analysis section.

No, 9047 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, 9047 technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 9047 shows the buy signal. See more of 9047 technicals for a more comprehensive analysis.

No, 9047 doesn't pay dividends to its holders.

9047 trades at a premium (0.50%).
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.

9047 shares are issued by Shanxi Securities International Financial Holdings Ltd. (Stg)

9047 follows the DCE Iron Ore Futures Price Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Mar 27, 2020.