Columbia EM Core ex-China ETF (XCEM)
Columbia EM Core ex-China ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $52.49, up 1.53% on the session, giving a market capitalisation of $2.24B. Its beta of 1.27 implies it has historically moved more than the broad market.
This fund will commit a minimum of 80% of its net assets to the companies represented in its benchmark index. The advisor anticipates a highly concentrated investment strategy, generally allocating at least 95% of the fund's net assets to these particular securities. The underlying index is designed to offer comprehensive, core equity exposure to emerging markets, tracking the stock performance of as many as 700 companies in these developing economies. A key feature of this index is its deliberate exclusion of companies headquartered in or listed on exchanges in China, as well as those based in Hong Kong. This investment vehicle is classified as non-diversified.
Columbia EM Core ex-China ETF is most often compared with the following Financial Services names: