ASHS ISSUER
The Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) is managed by DBX Advisors LLC, serving as the fund's issuer. DBX Advisors LLC employs a passive investment strategy, aiming to replicate the performance of the Underlying Index, which consists of 500 small-cap companies in the China A-Share market. They anticipate a correlation of 95% or better between the fund's performance and that of the Underlying Index, reflecting the fluctuation and performance of small-cap Chinese firms.
ASHS DIVIDEND
The Xtrackers Harvest CSI 500 China-A Shares Small Cap ETF (ASHS) focuses on capitalizing on the growth potential of small-cap companies in China's A-share market, and its dividend distribution reflects the performance of its underlying index. Dividend eligibility for ASHS is subject to the dividend policies of the individual companies within the CSI 500 Index. Typically, dividends are distributed quarterly to investors, and the amount may vary based on the earnings and payout policies of the constituent companies. Investors interested in ASHS should consider it for its growth potential, with dividend returns being a supplementary aspect of their investment strategy in this small-cap Chinese equity ETF.
ASHS TRACKING
Tracking the performance of small-cap companies in the China A-Share market is the primary objective of the Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS). This ETF employs a passive indexing investment approach, aiming to mirror the price fluctuations and performance of the CSI 500 Index, which consists of the 500 smallest and most liquid stocks in the China A-Share market. DBX Advisors LLC, the ETF's advisor, anticipates a strong correlation of 95% or better between the fund's performance and the index, making it a reliable choice for investors looking to gain exposure to Chinese small-cap equities. ASHS primarily invests in A-Shares, utilizing Stock Connect and the Subadvisor's QFI license, and may use a representative sampling indexing strategy if necessary to track the index effectively. The fund concentrates its investments in sectors like materials, industrials, and information technology, which align with the composition of the Underlying Index. Additionally, ASHS may transition from a diversified to non-diversified status based on changes in market capitalization or index weighting, without seeking shareholder approval. It's important to note that this ETF is not sponsored, endorsed, sold, or promoted by CSI or any affiliate of CSI. The fund may employ derivatives such as futures contracts, stock index futures, options on futures, swap contracts, and other derivatives to achieve its investment objective but does not use them for speculative purposes.
ASHS CORRELATION
The correlation aspect of the Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) is essential for understanding its performance in relation to the small-cap companies in the China A-Share market. ASHS seeks to closely track the performance of the Underlying Index, which comprises the 500 smallest and most liquid stocks in the China A-Share market. As it aims for a 95% or better correlation with the index, investors can expect ASHS to closely mirror the performance of these small-cap Chinese companies. To analyze ASHS's correlations with other assets and sectors, investors can use our tool ETF Insider, which offers deep and insightful data visualization, helping them make informed investment decisions and identify potential market trends.
ASHS SECTOR
The Xtrackers Harvest CSI 500 China-A Shares Small Cap ETF (ASHS) is primarily focused on tracking the performance of small-cap companies in the China A-Share market. This sector comprises the 500 smallest and most liquid stocks in the China A-Share market, offering investors exposure to the dynamic and rapidly growing Chinese small-cap segment. Investing in China A-Shares through various market-access programs, including Stock Connect and the Qualified Foreign Investor program, the fund provides an opportunity to participate in the potential growth of these domestic securities markets. Additionally, ASHS may invest in securities outside the Underlying Index, employ derivative instruments, and utilize a representative sampling strategy to achieve its investment objectives, allowing for potential diversification and risk management.
ASHS EXPOSURE
The exposure characteristic of the Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) is focused on providing investors access to the small-cap segment of the China A-Share market. ASHS aims to mirror the performance of the Underlying Index, which comprises the 500 smallest and most liquid stocks in the China A-Share market. With its passive indexing approach, the fund seeks to offer investors a way to participate in the price fluctuations and performance of small-cap companies in mainland China.Investors looking to understand the exposure of ASHS and its constituents can leverage the ETF Insider web app, which provides comprehensive data and visualizations for US ETFs. This tool allows users to explore market exposure, regional allocation, sector concentration, and even identify correlations and overlaps with other ETFs, making it a valuable resource for those seeking in-depth insights into ASHS and other ETFs in the market.