Yinhua CSI Photovoltaic Industry Index Exchange Trader Fund

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.

516880 trades at 0.637 CNY today, its price has fallen −2.11% in the past 24 hours. Track more dynamics on 516880 price chart.

516880 net asset value is 0.66 today — it's fallen 6.87% 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.

516880 price has fallen by −7.14% over the last month, and its yearly performance shows a −21.45% decrease. See more dynamics on 516880 price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.87% over the last month, showed a −25.07% decrease in three-month performance and has decreased by −18.30% in a year.

516880 fund flows account for ‪−216.27 K‬ CNY (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.

516880 invests in stocks. See more details in our Profile section.

No, 516880 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, 516880 technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 516880 shows the sell signal. See more of 516880 technicals for a more comprehensive analysis.

No, 516880 doesn't pay dividends to its holders.

516880 trades at a premium (0.24%).
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.

516880 shares are issued by Yinhua Fund Management Co., Ltd.

516880 follows the CSI Photovoltaic Industry Index - CNY - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Jan 5, 2021.