ASEA strong w only 0.382 retracement range;15 wedge BO or 13.40?ASEA has been in this yellow box consolidation range sine Feb2018 except during the pandemic plunge which is a BLACKSWAN event & should be discounted. The base of this box is at 13.40.
Right now ASEA is making a falling wedge. A falling wedge has a greater chance to break to the upside. If it holds
Key stats
About Global X FTSE Southeast Asia ETF
Home page
Inception date
Feb 17, 2011
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ASEA picks the largest and most liquid stocks from the 5 founding nations of the Association of Southeast Asian Nations (ASEAN). The index is limited to 40 stocks, and as a result, some countries don't receive the exposure they deserve. For example, the fund may hold only a handful of Filipino companies. To be eligible for index inclusion, a company must be a member of the FTSE All World Country Index for Singapore, Malaysia, Thailand, Indonesia or the Philippines. The fund's small basket also creates a portfolio that is extremely top-heavy in mega-caps, especially in the financials sectorsomething investors should be leery of.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
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.
ASEA trades at 16.75 USD today, its price has risen 0.72% in the past 24 hours. Track more dynamics on ASEA price chart.
ASEA net asset value is 16.70 today — it's risen 1.76% 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.
ASEA assets under management is 62.67 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ASEA price has risen by 2.42% over the last month, and its yearly performance shows a 13.10% increase. See more dynamics on ASEA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.76% over the last month, showed a 7.86% increase in three-month performance and has increased by 17.66% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.76% over the last month, showed a 7.86% increase in three-month performance and has increased by 17.66% in a year.
ASEA fund flows account for 16.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
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.
ASEA invests in stocks. See more details in our Analysis section.
ASEA expense ratio is 0.65%. 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.
No, ASEA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
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, ASEA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ASEA shows the strong buy signal. See more of ASEA technicals for a more comprehensive analysis.
Today, ASEA technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ASEA shows the strong buy signal. See more of ASEA technicals for a more comprehensive analysis.
Yes, ASEA pays dividends to its holders with the dividend yield of 3.44%.
ASEA trades at a premium (0.06%).
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.
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.
ASEA shares are issued by Mirae Asset Global Investments Co., Ltd.
ASEA follows the FTSE/ASEAN 40 INDEX. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 17, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.