This ETF is one of the more precise products on the market, focusing in on a specific corner of the Chinese equity market. Given the targeted focus of this fund, QQQC probably has little use to investors building a long-term, buy-and-hold portfolio; this ETF will be more useful for establishing a tactical tilt within the Chinese market for those who have strong opinions on the relative appeal of that sector of the economy. Some elements of QQQC's portfolio are noteworthy. Like most sector-specific international equity funds, the basket of underlying stocks is somewhat concentrated in a relatively small handful of names. But the portfolio is also relatively balanced--no one name dominates the fund--and spreads exposure across various corners of the Chinese technology industry. Though all component companies are classified in the same general industry, QQQC includes a mix of different sub-sectors such as Internet-related businesses, hardware and software companies, and even telecommunications firms. QQQC charges an expense ratio above the ETF industry average, but is relatively competitive from a cost perspective given the targeted nature of the exposure offered. Among funds focusing on the Chinese economy, QQQC is relatively cheap. The availability of this ETF for commission free trading on Interactive Brokers further enhances the appeal to cost conscious investors. Guggenheim also offers an ETF that delivers similar exposure; CQQQ is a bit more expensive, but generally overlaps with this fund. QQQC certainly is not for everyone; this ETF is too targeted for that majority of investors. But for those looking to tap into China's potentially exciting tech sector, it can be a useful tool.
The adjacent table gives investors an individual Realtime Rating for QQQC 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 China Equities 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.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
|Developed Markets (ex-US)||9.6%|
There are 24 other ETFs in the China Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
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 QQQC relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.