Xtrackers Harvest CSI 500 China-A Shares Small Cap ETF (ASHS)

Overview

The Xtrackers Harvest CSI 500 China-A Shares Small Cap ETF (ASHS) provides exposure to small-capitalization China A-Shares, which are stocks of companies domiciled in mainland China and traded on the Shanghai or Shenzhen stock exchanges. The ETF aims to capture the growth potential of smaller Chinese companies and uses a representative sampling strategy to track the CSI 500 Index.

Reputation and Reliability

Xtrackers is a brand of DWS, a reputable asset management firm with a long track record in the investment industry. They are known for their expertise in international and thematic ETFs.

Management Expertise

DWS has a dedicated team of investment professionals with experience in managing China A-Share portfolios, ensuring competent oversight of the ETF.

Goal

The investment objective of ASHS is to provide investment results that correspond generally to the performance, before fees and expenses, of the CSI 500 Index.

Investment Approach and Strategy

Strategy: The ETF employs a representative sampling strategy, investing in a selection of securities that collectively have an investment profile similar to that of the CSI 500 Index.

Composition The ETF primarily holds stocks of small-cap companies listed on the Shanghai and Shenzhen stock exchanges.

Market Share: Data unavailable to provide an accurate market share.

Total Net Assets (AUM): 185000000

Key Competitors

• MCHI
• ASHR
• CNXT

Competitive Landscape

The China A-Shares ETF market is competitive, with several large ETFs holding a significant portion of the assets. ASHS competes with broader China ETFs and other small-cap focused funds. Its advantages may include a more targeted exposure to small-cap A-Shares, but it might face disadvantages in terms of liquidity and AUM compared to larger, more diversified ETFs like MCHI. Other competitors like ASHR offer a more direct approach to tracking the broader A-Share market.

Historical Performance: Historical performance data is not provided, but can be found on the ETF's factsheet or financial websites.

Benchmark Comparison: The ETF's performance should be compared against the CSI 500 Index to assess tracking efficiency; however, data on specific tracking error is unavailable.

Expense Ratio: 0.65

Average Trading Volume

The average trading volume indicates the ease of buying or selling shares without significantly impacting the price.

Bid-Ask Spread

The bid-ask spread represents the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept.

Market Environment Factors

Economic indicators in China, government policies, investor sentiment towards Chinese equities, and sector-specific growth prospects all influence the performance of ASHS.

Growth Trajectory

The growth trajectory of ASHS is tied to the performance of the Chinese small-cap market and investor interest in accessing this segment. Changes in strategy and holdings would be detailed in fund prospectuses and reports.

Competitive Edge

ASHS's competitive advantage lies in its focused exposure to the CSI 500 Index, which represents the small-cap segment of the China A-Share market. This targeted approach allows investors to specifically capture the potential growth of smaller, emerging Chinese companies. While some larger China ETFs may offer broader diversification, ASHS provides a unique opportunity to access a specific segment that may offer higher growth potential. However, this focused approach also concentrates risk in the small-cap sector of the Chinese market.

Volatility

Volatility data for ASHS is not provided but can be found on finance websites.

Market Risk

The ETF is subject to market risk associated with Chinese equities, regulatory risks, currency fluctuations, and risks specific to small-cap companies.

Ideal Investor Profile

The ideal investor for ASHS is someone seeking targeted exposure to the Chinese small-cap market and is comfortable with the associated risks, including emerging market risk and small-cap volatility.

Market Risk

ASHS is more suitable for long-term investors with a higher risk tolerance, rather than active traders seeking short-term gains.

The Xtrackers Harvest CSI 500 China-A Shares Small Cap ETF (ASHS) offers investors focused access to small-capitalization China A-Shares. The ETF tracks the CSI 500 Index using a representative sampling strategy. While it provides a unique exposure, it's crucial to consider the specific risks associated with Chinese equities and small-cap companies. Investors should evaluate their risk tolerance and investment goals before investing in ASHS.

Data Sources:

• ETF.com
• Morningstar
• DWS Xtrackers website

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Consult with a qualified financial advisor before making any investment decisions. Market share is estimated and subject to change.