Since launching in August 2009, in both absolute & relative terms, the VanEck Vietnam ETF (VNM) has displayed a positive seasonal tendency over the last 2 trading days of December & first trading day of January.
3-day average absolute return 3.27%, standard deviation 3.11%, absolute win rate 12 from 13 events.
3-day average relative return vs the S&P 500 Index 3.02%, standard deviation 2.51%, relative win rate 12 from 13 events.
This 3-day seasonal tendency begins at the close of US trading on Wednesday 28th December 2022.
Fund Objective | The Fund seeks to replicate as closely as possible, before fees & expenses, the price & yield performance of the MVIS Vietnam Index, which includes securities of Vietnamese companies. The Fund normally invests at least 80% of its total assets in securities that comprise the Fund's benchmark index.
Disclaimer: Past performance is not a guide to future performance and may not be repeated. Past performance does not diminish the risk expectancy of any strategy. By its very nature ‘risk’ means you could & most likely will experience losses. No representation or warranty is given as to the accuracy or completeness of any information provided. It is your responsibility to consider whether any financial product or service is suitable for you based on your risk profile, investment objectives, & investment horizon. Data is for educational & informational purposes only.