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  • ETF
  • DSUM
    Pricing Data
    $23.05
    Change: $0.01 (-0.0%)
    Time: 06/23/16
    Previous Close: $23.06
  • Category
  • Emerging Markets Bonds
Last Updated:

Profile

Vitals

Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $21.32
  • 52 Week Hi: $24.19
  • AUM: $53.7 M
  • Shares: 2.3 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 23,835
  • 3 Month Avg. Volume: 17,108

Alternative ETFs in the Emerging Markets Bonds Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This ETF offers exposure to bonds traded in the Dim Sum bond market, which are denominated in the Chinese currency. As such, this ETF could be appealing for investors looking to establish exposure to the Chinese yuan, which is generally expected to appreciate in coming years as Beijing loosens control on its currency. DSUM can be used in a number of different ways, including as a diversification agent in long-term fixed income portfolios that tend to be dominated by debt of U.S.-based issuers. In certain environment, DSUM may offer a substantially greater yield than comparable debt denominated in the U.S. currency, while at the same time delivering some dollar diversification. In our opinion, most U.S. investor portfolios do not maintain an appropriate level of exposure to international debt markets; tools like such as DSUM have the potential to both lower overall risk and enhance bottom line yields realized from the fixed income portion of a portfolio. DSUM shouldn't be expected to turn in the same magnitude of returns delivered by investment in Chinese stocks; this ETF is much more likely to deliver steady gains than huge price appreciations. There are several aspects of the Dim Sum bond market and of DSUM that are noteworthy. First, the underlying portfolio isn't necessarily limited to Chinese issuers; Western corporations can and do issue debt in the Dim Sum market. Second, it should be noted that the Dim Sum bond market is not the same thing as the bond market that is available to local Chinese investors; DSUM is an innovative product that has opened up a potentially exciting asset class, but it doesn't quite put U.S. investors on the same footing as those in mainland China. Investors should also take a close look at the underlying portfolio of DSUM, as it may be somewhat shallow in nature and concentrated in a relatively small number of holdings. Investors seeking broad-based emerging markets bond exposure may prefer ELD, while those looking to developed and emerging Asian bonds have ALD as a tool. And there are other ETF options for Dim Sum bonds as well, including RMB and CHLC. Those products are generally similar; when comparing the options, investors should consider expenses, depth of holdings, and the balance of the underlying portfolio.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for DSUM on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Emerging Markets Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

DSUM Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- EMB
Expenses A VWOB
Performance
Volatility
Dividend
Concentration

Knowledge Centers

DSUM In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.

DSUM Holdings

Filings Data as of: Jun 02, 2016
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Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb Category.

Number of Holdings
Rank:
55
Category Low
Category High
% Assets in Top 10
Rank:
25.56%
Category Low
Category High

Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 0.0%
U.S. Bonds 1.56%
International Bonds 58.39%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 40.04%
Other 0.0%

Bond Sector Breakdown

Bond Sector Percentage
Treasury 0.0%
TIPS 0.0%
U.S. Agency 0.0%
MBS 0.0%
U.S. Corporate 0.0%
Asset-Backed 0.0%
Convertible 0.0%
Muni 0.0%
Foreign Government 0.0%
Foreign Corporate 0.0%
Other 100.0%

Bond Detailed Sector Breakdown

Bond Sector Percentage

Coupon Breakdown

Coupon Range Percentage
0% to 1% 0.29%
1% to 2% 1.41%
2% to 3% 8.56%
3% to 4% 24.64%
4% to 5% 16.54%
5% to 6% 5.7%
6% to 7% 2.81%
7% to 8% 0.0%
8% to 9% 0.0%
9% to 10% 0.0%
Greater Than 10% 0.0%

Credit Quality

Credit Percentage
AAA 13.24%
AA 29.4%
A 13.05%
BBB 12.93%
BB 3.24%
B 3.28%
Below B 0.0%
Not Rated 24.86%

Maturity Breakdown

Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 42.18%
3-5 Years 8.73%
5-7 Years 4.81%
7-10 Years 2.52%
10-15 Years 1.72%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%

DSUM Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.

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Expenses Ratio Analysis

ETF Average
0.578%
ETF Wtd. Average
0.26%
Category Average
0.53%
Expense Ratio
Rank:
0.45%
Category Low
Category High

Commission Free Trading

This ETF is currently available for commission free trading on the following platforms: (Charles Schwab)

Category Commission Free Trading

There are 10 other ETFs in the Emerging Markets Bonds ETFdb Category that are also eligible for commission free trading:

DSUM Performance

This section shows how this ETF has performed relative to its peer group ETFdb Category.

1 Week Return
Rank:
0.22%
Category Low
Category High
4 Week Return
Rank:
-0.05%
Category Low
Category High
13 Week Return
Rank:
0.93%
Category Low
Category High
26 Week Return
Rank:
2.44%
Category Low
Category High
Year to Date Return
Rank:
2.71%
Category Low
Category High
1 Year Return
Rank:
-3.77%
Category Low
Category High
3 Year Return
Rank:
1.82%
Category Low
Category High
5 Year Return
Rank:
No Ranking Available
Category Low
Category High

Charts

The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of DSUM relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

DSUM Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.

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P/E Ratio
Rank:
No Ranking Available
Category Low
Category High

DSUM Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb Category.

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Dividend
$0.06
Dividend Date
2016-06-15
Annual Dividend Rate
$0.75
Annual Dividend Yield
Rank:
3.23%
Category Low
Category High

DSUM Technicals

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Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb Category.

5 Day Volatility
Rank:
25.20%
Category Low
Category High
20 Day Volatility
Rank:
6.57%
Category Low
Category High
50 Day Volatility
Rank:
5.63%
Category Low
Category High
200 Day Volatility
Rank:
4.87%
Category Low
Category High
Beta
Rank:
-0.67
Category Low
Category High
Standard Deviation
Rank:
0.51%
Category Low
Category High

Technicals

  • 20 Day MA: $23.06
  • 60 Day MA: $23.10
  • MACD 15 Period: -0.01
  • MACD 100 Period: 0.17
  • Williams % Range 10 Day: 19.12
  • Williams % Range 20 Day: 32.26
  • RSI 10 Day: 49
  • RSI 20 Day: 50
  • RSI 30 Day: 51
  • Ultimate Oscillator: 63

Bollinger Brands

  • Lower Bollinger (10 Day): $22.86
  • Upper Bollinger (10 Day): $23.15
  • Lower Bollinger (20 Day): $22.88
  • Upper Bollinger (20 Day): $23.21
  • Lower Bollinger (30 Day): $22.91
  • Upper Bollinger (30 Day): $23.23

Support & Resistance

  • Support Level 1: $22.67
  • Support Level 2: $22.29
  • Resistance Level 1: $23.26
  • Resistance Level 2: $23.47

Stochastic

  • Stochastic Oscillator %D (1 Day): 65.84
  • Stochastic Oscillator %D (5 Day): 72.50
  • Stochastic Oscillator %K (1 Day): 56.26
  • Stochastic Oscillator %K (5 Day): 69.07

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.