ETF Education Report: ASHS

What this ETF is trying to do

The XTRACKERS HARVEST CSI 500 CHINA A-SHARES SMALL CAP ETF (ticker: ASHS) is an exchange-traded fund. Based on its name, this fund focuses on small-cap companies within the China A-shares market.

What the numbers show

The current price of ASHS is $40.14. To understand how the price has moved, we can look at several different timeframes:

• Year-to-Date (YTD): The price return is approximately 3.66%.

• One Year: The price return is approximately 5.76%. An estimated price from roughly one year ago was $37.95.

• Three Years: The price return is approximately 42.47%.

It is important to know the difference between "price return" and "total return." Price return only tracks how much the share price itself has changed. Total return includes both price changes and any cash distributions (like dividends) paid out to investors. For ASHS, the supplied total return for one year is 5.76% and for three years is 44.34%.

Income and distribution explanation

Some investors look for ETFs that pay out regular cash, known as distributions. For this ETF, the distribution yield is 0%. No distributions were detected over the last 12 months.

NAV erosion explanation

"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases significantly over time. StockValueFinder uses an "erosion-risk score" to help measure this risk. For ASHS, the erosion score is 100, which is labeled as "No price erosion detected." There is no severe erosion-risk flag for this ETF.

Pros

• The fund has shown positive price returns over the one-year and three-year periods.

• The erosion-risk measurement is rated as "good."

Cons

• There are no top holdings listed in the current data.

• The fund does not currently provide cash distributions or a distribution yield.

Beginner takeaway

ASHS is an ETF that tracks small-cap stocks in China. While the share price has grown over the last three years, it does not currently pay out cash distributions to investors. When looking at any ETF, always remember to check if you are looking at the "price return" (just the share price) or the "total return" (the share price plus any cash paid out).