Yinhua CSI Traditional Chinese Medicine Exchange Traded Fund Units

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

562390 trades at 0.870 CNY today, its price has risen 0.35% in the past 24 hours. Track more dynamics on 562390 price chart.

562390 net asset value is 0.87 today — it's fallen 4.20% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

562390 price has fallen by −5.13% over the last month, and its yearly performance shows a −14.03% decrease. See more dynamics on 562390 price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.20% over the last month, showed a 2.76% increase in three-month performance and has decreased by −9.05% in a year.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

562390 invests in stocks. See more details in our Profile section.

562390 expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, 562390 technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 562390 shows the sell signal. See more of 562390 technicals for a more comprehensive analysis.

No, 562390 doesn't pay dividends to its holders.

562390 trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

562390 shares are issued by Yinhua Fund Management Co., Ltd.

562390 follows the CSI Traditional Chinese Medicine Index - CNY - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Jul 20, 2022.