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Columbia Research Enhanced Emerging Economies ETF
ETF
ECON
Payout Change
Pending
Price as of:
$21.16
+0.12
+0.58%
primary theme
Emerging Markets Equity
ECON (ETF)
Columbia Research Enhanced Emerging Economies ETF
Payout Change
Pending
Price as of:
$21.16
+0.12
+0.58%
primary theme
Emerging Markets Equity
ECON (ETF)
Columbia Research Enhanced Emerging Economies ETF
Payout Change
Pending
Price as of:
$21.16
+0.12
+0.58%
primary theme
Emerging Markets Equity
Name
As of 12/24/2024Price
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
2.2%
1 yr return
3.7%
3 Yr Avg Return
-2.3%
5 Yr Avg Return
-1.0%
Net Assets
$94.1 M
Holdings in Top 10
27.2%
52 WEEK LOW AND HIGH
$21.0
$19.71
$23.12
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 12/24/2024Price
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 2.2%
- 3 Yr Annualized Total Return -2.3%
- 5 Yr Annualized Total Return -1.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.28%
- Dividend Yield 0.7%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameColumbia Research Enhanced Emerging Economies ETF
-
Fund Family NameColumbia Funds Complex
-
Inception DateSep 14, 2010
-
Shares Outstanding5200000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Lo
Fund Description
div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Fund is an exchange-traded fund (ETF) that seeks to track the performance of the Index. The Fund invests at /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"(including, but not limited to, common shares traded on local exchanges, American Depositary Receipts (ADRs) and /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"Global Depositary Receipts (GDRs)) of companies located in emerging market countries. “Emerging market” countries /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"are those included in the Solactive GBS Emerging Markets Large amp; Mid Cap USD Index. The Index reflects a rules-based/spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;" strategic beta approach to investing in the companies that comprise the Solactive GBS Emerging Markets /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"Large amp; Mid Cap USD Index (also referred to as the Starting Universe), with the Index designed to seek to achieve /span/div div style="line-height: 11.16pt; text-align: left;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"stronger total return when compared with the Starting Universe, which is a broad measure of the performance of /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"emerging markets large- and mid-cap growth and value companies. The Index, like the Starting Universe, and /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"therefore the Fund, typically holds only common stocks and depository receipts./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 11.16pt;" /span/div div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Index was designed by the Fund’s investment adviser, Columbia Management Investment Advisers, LLC /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"(Columbia Management or the Investment Manager). The Index is owned and calculated by Solactive AG. "Solactive" /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"is a trademark of Solactive AG./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 11.16pt;" /span/div div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Index is comprised of a subset of the companies within the Solactive GBS Emerging Markets Large amp; Mid Cap /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"USD Index. With a starting point of the Solactive GBS Emerging Markets Large amp; Mid Cap USD Index, the Index was /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"designed to reflect the performance of emerging markets large- and mid-cap growth and value companies through the /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"application of a rules-based methodology that takes into account company quality, value, and catalyst (e.g., price /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"momentum and business momentum) factors. The Index construction methodology typically results in approximately /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"325-400 Index holdings, but this range can fluctuate because the Index has no constraints on number of holdings./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 11.16pt;" /span/div div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Fund typically utilizes a “representative sampling” strategy whereby the Fund invests in some, but not all, of the /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"component securities of the Index. As such, the Fund may not track the Index with the same degree of accuracy as /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"would an investment vehicle replicating (or investing in) the entire Index. Under certain circumstances or conditions /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"or due to other factors, including, for example, the size of the Fund’s portfolio, the Fund may use a full replication /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"strategy, which means that the Fund will seek to track the performance of the Index by investing all, or substantially /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"all, of its assets in the securities that make up the Index in approximately the same proportion as their weighting in /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"the Index./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 11.16pt;" /span/div div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Fund may sell securities or other holdings that are represented in the Index or purchase securities or make other /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"investments that are not yet represented in the Index in anticipation of their removal from or addition to the Index./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 11.16pt;" /span/div div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Fund is passively managed and thus Columbia Management does not provide day-to-day active management of /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"the Fund’s assets based on its view of the investment merits of a security or company, nor does it conduct /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"fundamental investment research or analysis, or seek to forecast or otherwise consider market movements, /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"conditions, or trends in the day-to-day management of the Fund’s assets. The Fund pursues its investment objective /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"of correlating performance with the Index regardless of market conditions and does not take defensive positions./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 11.16pt;" /span/div div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"In connection with its representative sampling approach, the Fund seeks to invest in specific countries or /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"geographic regions, including the Greater China region and India, to approximately the same extent as the Index. The /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"Fund may seek investment exposure to Chinese companies operating in certain sectors using a structure known as a /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"variable interest entity (a VIE), rather than an equity ownership in the Chinese company The Fund concentrates its /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"investments (i.e., holds 25% or more of its net assets) in a particular industry or group of industries to approximately /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"the same extent that the Index is concentrated. As of June 30, 2024, the Index (and therefore the Fund) was /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"concentrated in the financials sector./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 11.16pt;" /span/div div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Index is reconstituted semi-annually in May and November./spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt; line-height: 11.16pt;" /span/div div style="margin-top: 4pt;"span style="color: #003c78; font-family: arial; font-size: 9.30pt;"The Fund may invest up to 20% of its assets in other securities or instruments not included within the Index that the /spanspan style="color: #003c78; font-family: arial; font-size: 9.30pt;"Investment Manager believes will help the Fund track the Index./span/div
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ECON - Performance
Return Ranking - Trailing
| Period | ECON Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.2% | -13.8% | 34.9% | 87.86% |
| 1 Yr | 3.7% | -11.8% | 32.7% | 87.14% |
| 3 Yr | -2.3%* | -11.1% | 10.4% | 49.93% |
| 5 Yr | -1.0%* | -6.5% | 10.5% | 90.21% |
| 10 Yr | -0.7%* | -1.6% | 8.5% | 99.25% |
* Annualized
Return Ranking - Calendar
| Period | ECON Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.8% | -6.5% | 35.5% | 75.75% |
| 2022 | -17.7% | -50.1% | -2.4% | 10.16% |
| 2021 | -15.0% | -33.1% | 22.5% | 86.74% |
| 2020 | 20.1% | -22.1% | 80.1% | 38.17% |
| 2019 | 15.3% | -0.7% | 42.0% | 70.44% |
Total Return Ranking - Trailing
| Period | ECON Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.2% | -13.8% | 34.9% | 87.86% |
| 1 Yr | 3.7% | -11.8% | 32.7% | 87.14% |
| 3 Yr | -2.3%* | -11.1% | 10.4% | 49.93% |
| 5 Yr | -1.0%* | -6.5% | 10.5% | 90.21% |
| 10 Yr | -0.7%* | -1.6% | 8.5% | 99.25% |
* Annualized
Total Return Ranking - Calendar
| Period | ECON Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.5% | -1.0% | 42.0% | 78.89% |
| 2022 | -16.0% | -42.2% | 1.9% | 13.40% |
| 2021 | -14.1% | -32.5% | 33.1% | 97.97% |
| 2020 | 20.8% | -20.0% | 81.6% | 39.31% |
| 2019 | 17.2% | 2.3% | 42.0% | 79.39% |
ECON - Holdings
Concentration Analysis
| ECON | Category Low | Category High | ECON % Rank | |
|---|---|---|---|---|
| Net Assets | 94.1 M | 682 K | 111 B | 76.92% |
| Number of Holdings | 203 | 9 | 7500 | 26.78% |
| Net Assets in Top 10 | 14.9 M | 290 K | 23.8 B | 85.33% |
| Weighting of Top 10 | 27.17% | 2.9% | 101.1% | 77.75% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 4.93%
- Alibaba Group Holding Ltd 4.64%
- Kweichow Moutai Co Ltd 3.39%
- Samsung Electronics Co Ltd 2.99%
- Reliance Industries Ltd 2.43%
- HDFC Bank Ltd 2.26%
- Meituan 2.11%
- ICICI Bank Ltd 1.52%
- SK Hynix Inc 1.47%
- China Construction Bank Corp 1.42%
Asset Allocation
| Weighting | Return Low | Return High | ECON % Rank | |
|---|---|---|---|---|
| Stocks | 96.72% | 0.00% | 105.03% | 64.81% |
| Preferred Stocks | 2.86% | 0.00% | 13.31% | 11.11% |
| Cash | 0.60% | -2.03% | 98.08% | 77.64% |
| Other | 0.00% | -1.11% | 39.53% | 90.17% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 90.96% |
| Bonds | 0.00% | 0.00% | 95.13% | 91.88% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ECON % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 38.81% | 0.00% | 48.94% | 0.58% |
| Communication Services | 34.36% | 0.00% | 39.29% | 0.43% |
| Consumer Defense | 25.29% | 0.00% | 25.90% | 0.72% |
| Healthcare | 1.55% | 0.00% | 16.53% | 86.00% |
| Utilities | 0.00% | 0.00% | 39.12% | 97.55% |
| Technology | 0.00% | 0.00% | 47.50% | 99.86% |
| Real Estate | 0.00% | 0.00% | 17.15% | 98.41% |
| Industrials | 0.00% | 0.00% | 43.53% | 99.71% |
| Financial Services | 0.00% | 0.00% | 48.86% | 99.86% |
| Energy | 0.00% | 0.00% | 24.80% | 99.57% |
| Basic Materials | 0.00% | 0.00% | 30.03% | 99.57% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ECON % Rank | |
|---|---|---|---|---|
| Non US | 94.99% | 0.00% | 100.52% | 11.82% |
| US | 1.73% | 0.00% | 100.95% | 93.59% |
ECON - Expenses
Operational Fees
| ECON Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.49% | 0.03% | 29.98% | 92.00% |
| Management Fee | 0.49% | 0.00% | 2.00% | 10.27% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 13.76% |
| 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% | 25.48% |
ECON - Distributions
Dividend Yield Analysis
| ECON | Category Low | Category High | ECON % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.74% | 0.00% | 9.74% | 55.98% |
Dividend Distribution Analysis
| ECON | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| ECON | Category Low | Category High | ECON % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.28% | -1.98% | 17.62% | 33.58% |
Capital Gain Distribution Analysis
| ECON | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2024 | $0.157 | OrdinaryDividend |
| Dec 18, 2023 | $0.328 | OrdinaryDividend |
| Dec 19, 2022 | $0.405 | OrdinaryDividend |
| Dec 20, 2021 | $0.258 | OrdinaryDividend |
| Dec 18, 2020 | $0.179 | OrdinaryDividend |
| Dec 20, 2019 | $0.394 | OrdinaryDividend |
| Dec 21, 2018 | $0.200 | OrdinaryDividend |
| Dec 15, 2017 | $0.099 | OrdinaryDividend |
| Dec 23, 2016 | $0.164 | OrdinaryDividend |
| Dec 29, 2015 | $0.235 | OrdinaryDividend |
| Dec 29, 2014 | $0.303 | OrdinaryDividend |
| Dec 27, 2013 | $0.196 | OrdinaryDividend |
| Dec 24, 2012 | $0.106 | OrdinaryDividend |
| Dec 23, 2011 | $0.122 | OrdinaryDividend |
| Dec 29, 2010 | $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 | 6.68 | 13.42 |
