GLOBAL X JAPAN CO LTD METAL BUSINESS ETF

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.

2646 trades at 1,649 JPY today, its price has risen 3.77% in the past 24 hours. Track more dynamics on 2646 price chart.

2646 net asset value is 1,636.10 today — it's risen 5.13% 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.

2646 assets under management is ‪281.40 M‬ JPY. 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.

2646 price has risen by 5.77% over the last month, and its yearly performance shows a −16.72% decrease. See more dynamics on 2646 price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.24% increase in three-month performance and has decreased by −13.41% in a year.

2646 fund flows account for ‪−137.65 M‬ JPY (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.

2646 invests in stocks. See more details in our Analysis section.

No, 2646 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, 2646 technical analysis shows the strong 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 2646 shows the sell signal. See more of 2646 technicals for a more comprehensive analysis.

Yes, 2646 pays dividends to its holders with the dividend yield of 2.99%.

2646 trades at a premium (2.82%).
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.

2646 shares are issued by Mirae Asset Global Investments Co., Ltd.

2646 follows the FactSet Japan Metal Business Index - JPY - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Sep 24, 2021.