China Universal SSE Science and Technology Innovation Board 100 Index ETF Units

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.

589980 trades at 1.766 CNY today, its price has risen 3.34% in the past 24 hours. Track more dynamics on 589980 price chart.

589980 net asset value is 1.70 today — it's fallen 20.62% 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.

589980 price has fallen by −18.62% over the last month, and its yearly performance shows a 60.40% increase. See more dynamics on 589980 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −20.62% over the last month, have fallen by −20.62% over the last month, showed a 2.27% increase in three-month performance and has increased by 20.30% in a year.

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.

589980 invests in stocks. See more details in our Profile section.

589980 expense ratio is 0.20%. 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.

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, 589980 technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating 589980 shows the neutral signal. See more of 589980 technicals for a more comprehensive analysis.

No, 589980 doesn't pay dividends to its holders.

589980 trades at a premium (0.26%).
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.

589980 shares are issued by China Universal Asset Management Co., Ltd.

589980 follows the SSE STAR Market 100 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 Apr 25, 2025.