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Columbia Emerging Markets Consumer ETF
ETF
ECON
Payout Change
Pending
Price as of:
$19.937
-0.22
-1.08%
primary theme
Emerging Markets Equity
ECON (ETF)
Columbia Emerging Markets Consumer ETF
Payout Change
Pending
Price as of:
$19.937
-0.22
-1.08%
primary theme
Emerging Markets Equity
ECON (ETF)
Columbia Emerging Markets Consumer ETF
Payout Change
Pending
Price as of:
$19.937
-0.22
-1.08%
primary theme
Emerging Markets Equity
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-4.4%
1 yr return
-0.1%
3 Yr Avg Return
-9.2%
5 Yr Avg Return
-1.7%
Net Assets
$58.8 M
Holdings in Top 10
41.1%
52 WEEK LOW AND HIGH
$20.2
$19.43
$21.87
Expenses
OPERATING FEES
Expense Ratio 0.49%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/16/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ECON - Profile
Distributions
- YTD Total Return -4.4%
- 3 Yr Annualized Total Return -9.2%
- 5 Yr Annualized Total Return -1.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.28%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameColumbia Emerging Markets Consumer ETF
-
Fund Family NameColumbia Funds Complex
-
Inception DateSep 14, 2010
-
Shares Outstanding5200000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Lo
Fund Description
The Fund is an exchange-traded fund (ETF). The Fund seeks to achieve its investment objective by attempting to replicate the performance of the Index through investments in equity securities, including, but not limited to, common shares traded on local exchanges, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs).
Under normal circumstances, the Fund invests at least 80% of its net assets in securities of emerging markets consumer companies which comprise the Index and generally expects to be substantially invested at such times with at least 95% of its net assets invested in these securities. The Index is owned and calculated by S&P Dow Jones Indices LLC (S&P DJI or the Index Provider). “Emerging market” companies are those included in the S&P Emerging BMI (Broad Market Index). The Fund may invest in mid-capitalization (mid cap) companies (i.e., those with market capitalizations between U.S. $2 billion and U.S. $10 billion) as well as large capitalization companies. A substantial portion of the Fund’s assets are denominated in currencies other than the U.S. dollar.
The Index is a free-float adjusted market capitalization-weighted stock market index that measures the performance of 60 leading emerging market companies in the Consumer Discretionary sector, Consumer Staples sector, and Communication Services sector, each as defined by Global Industry Classification System (GICS), with the Index holding 20 companies in each of the three sectors. Companies are first ranked by float adjusted market capitalization, revenue and net income. A final rank is given per company, calculated by weighting market capitalization rank at 60%, revenue at 20%, and net income at 20%. The top 20 ranked securities in each of three sectors are then selected (a total of 60 names). The market capitalization of Index constituents as of June 30, 2023 ranged from approximately U.S. $1.8 billion to U.S. $405.1 billion. A free-float index is one that only uses freely traded shares in calculating the market capitalization weighting. Market capitalization weighting means each component security is weighted by the issuer’s market capitalization relative to the overall capitalization of the Index.
The Fund intends to replicate the constituent securities of the Index as closely as possible using ADRs, GDRs or ordinary local shares. In certain circumstances when it may not be possible or practicable to fully implement a replication strategy, Columbia Management Investment Advisers, LLC (Columbia Management or the Investment Manager) may utilize a “representative sampling” strategy whereby the Fund would hold a significant number of the component securities of the Index, but may not track the Index with the same degree of accuracy as would an investment vehicle replicating the entire Index.
The Fund invests in specific countries or geographic regions to approximately the same extent as the Index. The Fund may seek investment exposure to Chinese companies operating in certain sectors using a structure known as a variable interest entity (a VIE), rather than an equity ownership in the Chinese company. The Fund concentrates its investments (i.e., holds 25% or more of its net assets) in a particular industry or group of industries to approximately the same extent that the Index is concentrated. As of March 31, 2023, the Index (and therefore the Fund) was concentrated in the communication services, consumer discretionary and consumer staples sectors.
The Fund may operate as non-diversified when the Index is non-diversified. A non-diversified fund can invest a greater percentage of its assets in the securities of fewer issuers than can a diversified fund.
ECON - Performance
Return Ranking - Trailing
| Period | ECON Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.4% | -11.6% | 10.4% | 97.43% |
| 1 Yr | -0.1% | -13.0% | 31.1% | 87.28% |
| 3 Yr | -9.2%* | -24.8% | 7.1% | 69.35% |
| 5 Yr | -1.7%* | -8.8% | 10.4% | 92.58% |
| 10 Yr | -2.0%* | -3.1% | 6.2% | 98.49% |
* Annualized
Return Ranking - Calendar
| Period | ECON Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.8% | -6.5% | 35.5% | 75.34% |
| 2022 | -17.7% | -50.1% | -2.4% | 10.47% |
| 2021 | -15.0% | -33.1% | 22.5% | 86.28% |
| 2020 | 20.1% | -22.1% | 80.1% | 38.12% |
| 2019 | 15.3% | -0.7% | 42.0% | 70.49% |
Total Return Ranking - Trailing
| Period | ECON Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.4% | -11.6% | 10.4% | 97.43% |
| 1 Yr | -0.1% | -13.0% | 31.1% | 87.28% |
| 3 Yr | -9.2%* | -24.8% | 7.1% | 69.35% |
| 5 Yr | -1.7%* | -8.8% | 10.4% | 92.58% |
| 10 Yr | -2.0%* | -3.1% | 6.2% | 98.49% |
* Annualized
Total Return Ranking - Calendar
| Period | ECON Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.5% | -2.7% | 42.0% | 78.18% |
| 2022 | -16.0% | -42.2% | 1.9% | 13.55% |
| 2021 | -14.1% | -32.5% | 33.1% | 97.79% |
| 2020 | 20.8% | -20.0% | 81.6% | 39.35% |
| 2019 | 17.2% | 2.3% | 42.0% | 79.27% |
ECON - Holdings
Concentration Analysis
| ECON | Category Low | Category High | ECON % Rank | |
|---|---|---|---|---|
| Net Assets | 58.8 M | 682 K | 103 B | 82.06% |
| Number of Holdings | 64 | 10 | 7049 | 76.84% |
| Net Assets in Top 10 | 26.7 M | 118 K | 19.2 B | 75.37% |
| Weighting of Top 10 | 41.06% | 0.7% | 122.2% | 23.73% |
Top 10 Holdings
- Alibaba Group Holding Ltd 4.74%
- Uni-President Enterprises Corp 4.58%
- Hindustan Unilever Ltd 4.57%
- Chunghwa Telecom Co Ltd 4.44%
- Tencent Holdings Ltd 4.14%
- Mahindra Mahindra Ltd 4.09%
- Titan Co Ltd 3.79%
- Saudi Telecom Co 3.71%
- Maruti Suzuki India Ltd 3.56%
- ITC Ltd 3.44%
Asset Allocation
| Weighting | Return Low | Return High | ECON % Rank | |
|---|---|---|---|---|
| Stocks | 100.08% | 0.00% | 103.65% | 5.22% |
| Cash | 0.38% | -2.03% | 99.29% | 84.07% |
| Preferred Stocks | 0.00% | 0.00% | 10.09% | 98.66% |
| Other | 0.00% | -1.64% | 50.31% | 91.43% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 97.17% |
| Bonds | 0.00% | 0.00% | 94.30% | 97.59% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ECON % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 38.81% | 0.00% | 48.94% | 0.54% |
| Communication Services | 34.36% | 0.00% | 39.29% | 0.41% |
| Consumer Defense | 25.29% | 0.00% | 25.90% | 0.68% |
| Healthcare | 1.55% | 0.00% | 16.53% | 86.18% |
| Utilities | 0.00% | 0.00% | 39.12% | 99.46% |
| Technology | 0.00% | 0.00% | 47.50% | 99.86% |
| Real Estate | 0.00% | 0.00% | 17.15% | 99.59% |
| Industrials | 0.00% | 0.00% | 43.53% | 100.00% |
| Financial Services | 0.00% | 0.00% | 48.86% | 99.86% |
| Energy | 0.00% | 0.00% | 24.80% | 99.73% |
| Basic Materials | 0.00% | 0.00% | 30.03% | 99.86% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ECON % Rank | |
|---|---|---|---|---|
| Non US | 91.50% | 0.00% | 100.18% | 27.31% |
| US | 8.58% | 0.00% | 101.58% | 56.63% |
ECON - Expenses
Operational Fees
| ECON Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.49% | 0.03% | 24.48% | 92.34% |
| Management Fee | 0.49% | 0.00% | 2.00% | 9.92% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 13.84% |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| ECON Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| ECON Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| ECON Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 31.00% | 0.00% | 189.00% | 25.12% |
ECON - Distributions
Dividend Yield Analysis
| ECON | Category Low | Category High | ECON % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.64% | 0.00% | 10.30% | 55.56% |
Dividend Distribution Analysis
| ECON | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Monthly | Annual |
Net Income Ratio Analysis
| ECON | Category Low | Category High | ECON % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.28% | -1.98% | 17.62% | 33.47% |
Capital Gain Distribution Analysis
| ECON | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 26, 2023 | $0.328 | OrdinaryDividend |
| Dec 27, 2022 | $0.405 | OrdinaryDividend |
| Dec 27, 2021 | $0.258 | OrdinaryDividend |
| Dec 28, 2020 | $0.179 | OrdinaryDividend |
| Dec 26, 2019 | $0.394 | OrdinaryDividend |
| Dec 27, 2018 | $0.200 | OrdinaryDividend |
| Dec 29, 2017 | $0.099 | OrdinaryDividend |
| Dec 30, 2016 | $0.164 | OrdinaryDividend |
| Jan 12, 2016 | $0.235 | OrdinaryDividend |
| Jan 12, 2015 | $0.303 | OrdinaryDividend |
| Jan 10, 2014 | $0.196 | OrdinaryDividend |
| Jan 11, 2013 | $0.106 | OrdinaryDividend |
| Jan 12, 2012 | $0.122 | OrdinaryDividend |
| Jan 07, 2011 | $0.017 | OrdinaryDividend |
ECON - Fund Manager Analysis
Managers
Christopher Lo
Start Date
Tenure
Tenure Rank
Sep 01, 2016
5.75
5.8%
Chris Lo is a senior portfolio manager on the Indexed and Tax Efficient Portfolio Solutions group for Columbia Threadneedle Investments. He leads the Indexed Portfolio Solutions team and is responsible the management of Columbia Threadneedle Equity Exchange Traded Funds and Index Mutual Funds. Mr. Lo joined one of the Columbia Threadneedle Investments legacy firms as senior vice president in 1998 where he held the position of portfolio manager. Previously, Mr. Lo was a senior consultant at KPMG Peat Marwick, LLP. Prior to that, Mr. Lo was an analyst at Deloitte and Touche, LLP. He has been a member of the investment community since 1998. Mr. Lo received a B.S. and an M.E. from Rensselaer Polytechnic Institute and an MBA from New York University, Stern School of Business. He also received his doctoral degree in Professional Studies (DPS) from Pace University, with a concentration in Finance and International Economics. He is a member of the New York Society of Securities Analysts and holds the Chartered Financial Analyst® designation.
Henry Hom
Start Date
Tenure
Tenure Rank
Oct 01, 2021
0.66
0.7%
Mr. Hom joined the Investment Manager in 2007. Mr. Hom began his investment career in 2007 and earned a B.A. in economics from Boston University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.54 | 13.42 |
