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Gavekal Asia Pacific Government Bond ETF (AGOV)

ETF · Currency in USD · Last updated Aug 6, 2022

AGOV is an actively managed ETF by Exchange Traded Concepts. AGOV launched on Jul 21, 2021 and has a 0.50% expense ratio.

ETF Info

IssuerExchange Traded Concepts
Inception DateJul 21, 2021
RegionBroad Asia (Broad)
CategoryGovernment Bonds, Actively Managed
Expense Ratio0.50%
Index TrackedNo Index (Active)
Asset ClassBond

Trading Data

Previous Close$82.42
Year Range$77.03 - $100.41
EMA (50)$80.70
EMA (200)$87.69
Average Volume$1.46K

AGOVShare Price Chart


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AGOVPerformance

The chart shows the growth of $10,000 invested in Gavekal Asia Pacific Government Bond ETF in Jul 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $8,304 for a total return of roughly -16.96%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%MarchAprilMayJuneJulyAugust
-14.66%
-9.64%
AGOV (Gavekal Asia Pacific Government Bond ETF)
Benchmark (^GSPC)

AGOVReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M3.75%8.19%
6M-14.82%-7.42%
YTD-15.95%-13.03%
1Y-17.16%-5.85%
5Y-16.37%-4.90%
10Y-16.37%-4.90%

AGOVMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-1.74%-6.43%-7.72%-4.01%0.71%-1.28%3.40%0.40%
20210.26%0.78%-1.80%-0.26%-0.63%0.46%

AGOVSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Gavekal Asia Pacific Government Bond ETF Sharpe ratio is -1.50. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.50-1.00-0.50Mon 25Tue 26Wed 27Thu 28Fri 29Sat 30Jul 31AugustTue 02Wed 03Thu 04Fri 05
-1.50
-0.31
AGOV (Gavekal Asia Pacific Government Bond ETF)
Benchmark (^GSPC)

AGOVDividend History

Gavekal Asia Pacific Government Bond ETF granted a 0.90% dividend yield in the last twelve months. The annual payout for that period amounted to $0.75 per share.


PeriodTTM2021
Dividend$0.75$0.75

Dividend yield

0.90%0.76%

AGOVDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-17.91%
-13.58%
AGOV (Gavekal Asia Pacific Government Bond ETF)
Benchmark (^GSPC)

AGOVWorst Drawdowns

The table below shows the maximum drawdowns of the Gavekal Asia Pacific Government Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Gavekal Asia Pacific Government Bond ETF is 23.28%, recorded on Jun 14, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-23.28%Sep 7, 2021195Jun 14, 2022
-1.12%Aug 6, 202110Aug 19, 20217Aug 30, 202117
-0.3%Aug 4, 20211Aug 4, 20211Aug 5, 20212
-0.29%Jul 23, 20213Jul 27, 20211Jul 28, 20214
-0.15%Sep 2, 20211Sep 2, 20211Sep 3, 20212

AGOVVolatility Chart

Current Gavekal Asia Pacific Government Bond ETF volatility is 9.22%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%MarchAprilMayJuneJulyAugust
9.22%
19.67%
AGOV (Gavekal Asia Pacific Government Bond ETF)
Benchmark (^GSPC)