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VanEck China Bond ETF (CBON)

Emerging-Markets Local-Currency Bond | Exchange Traded Fund | NYSEArca
23.85 USD +0.02 (0.063%) ⇧ (July 13, 2026, 3:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 3:28 a.m. EDT

The VanEck China Bond ETF presents a classic case of a defensive asset caught in a low-growth equilibrium. Over the last nine years, the fund has delivered a flat-to-slightly-negative cumulative return of -4.49%, reflecting the challenging environment for Chinese fixed income over that period. Crucially, the most recent annual performance was positive (+1.82%), breaking a streak of five negative years and signaling that the immediate downtrend has stalled. However, this recovery is not yet strong enough to justify a bullish stance; the asset remains range-bound between its 52-week lows and highs, trading essentially flat against its 50-day moving average. This lack of directional momentum suggests the market is pricing in continued uncertainty regarding China's economic stability rather than a definitive turnaround. Consequently, there is no clear edge for aggressive capital allocation in either the short or long term. On the income side, the distribution yield sits at 1.54%. While the recent payout schedule shows consistency, the absolute level is modest and likely insufficient to outpace inflation, offering only a baseline return for a bond-focused vehicle rather than a compelling income stream.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_105 ✓0.005033
MSTL0.006820
AutoETS0.006910
AutoARIMA0.007089
AutoTheta0.008207

Forecast horizon: 60 days | Selected: MSTL_105

Forecast Reliability
Score 75%
H-stat 3.80
Ljung-Box p 0.000
Jarque-Bera p 0.086
Excess Kurtosis -0.19

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.12% 1.58% 2.05% 2.38%
Dividend History
Date Dividend Yield %
2026-07-01 0.028 0.117801
2026-06-01 0.027 0.112829
2026-05-01 0.026 0.110733
2026-04-01 0.034 0.145735
2026-03-02 0.028 0.120612
2026-02-02 0.031 0.134549
2025-12-29 0.031 0.135727
2025-11-28 0.030 0.132890
2025-11-03 0.032 0.143017
2025-10-01 0.031 0.138702
2025-09-02 0.030 0.134288
2025-08-01 0.033 0.148381
2025-07-01 0.032 0.143049
2025-06-02 0.034 0.152981
2025-05-01 0.034 0.154405
2025-04-01 0.032 0.145653
2025-03-03 0.030 0.136737
2025-02-03 0.030 0.136581
2024-12-27 0.057 0.257569
2024-12-02 0.032 0.145481
2024-11-01 0.034 0.151921
2024-10-01 0.033 0.145599
2024-09-03 0.032 0.142889
2024-08-01 0.035 0.158910
2024-07-01 0.034 0.156257
2024-06-03 0.038 0.173437
2024-04-23 0.045 0.205339
2024-04-01 0.041 0.188592
2024-03-01 0.054 0.246238
2024-02-01 0.039 0.177394
2023-12-27 0.051 0.231924
2023-12-01 0.032 0.145309
2023-11-01 0.058 0.270270
2023-10-02 0.112 0.524787
2023-09-01 0.032 0.147772
2023-08-01 0.050 0.228102
2023-07-03 0.096 0.443828
2023-06-01 0.075 0.340213
2023-04-24 0.049 0.218263
2023-04-03 0.037 0.164701
2023-03-01 0.038 0.170442
2023-02-01 0.036 0.157411
2022-12-28 0.034 0.154588
2022-12-01 0.035 0.159927
2022-11-01 0.036 0.168460
2022-10-03 0.040 0.181653
2022-09-01 0.049 0.215954
2022-08-01 0.052 0.224574
2022-07-01 0.049 0.210481
2022-06-01 0.051 0.217679
2022-04-25 0.064 0.270270
2022-04-01 0.059 0.240228
2022-03-01 0.075 0.301205
2022-02-01 0.053 0.213969
2021-12-29 0.132 0.536258
2021-12-01 0.058 0.235008
2021-11-01 0.065 0.266175
2021-10-01 0.052 0.212853
2021-09-01 0.059 0.242002
2021-08-02 0.049 0.201563
2021-07-01 0.054 0.223695
2021-06-01 0.053 0.216680
2021-04-26 0.053 0.220420
2021-04-01 0.064 0.270728
2021-03-01 0.047 0.196900
2021-02-01 0.066 0.273745
2020-12-29 0.056 0.234016
2020-12-01 0.056 0.236297
2020-11-02 0.042 0.179718
2020-10-01 0.045 0.195397
2020-09-01 0.056 0.245291
2020-08-03 0.061 0.271654
2020-07-01 0.057 0.255835
2020-06-01 0.050 0.226757
2020-04-24 0.067 0.302347
2020-04-01 0.066 0.301439
2020-03-02 0.065 0.289017
2020-02-03 0.071 0.323462
2019-12-30 0.070 0.316027
2019-12-02 0.085 0.387156
2019-11-01 0.071 0.324571
2019-10-01 0.091 0.420226
2019-09-03 0.072 0.332794
2019-08-01 0.074 0.331304
2019-07-01 0.048 0.212813
2019-06-03 0.097 0.435759
2019-04-24 0.071 0.311267
2019-04-01 0.070 0.303359
2019-03-01 0.049 0.212905
2019-02-01 0.060 0.261153
2018-12-27 0.093 0.414531
2018-12-03 0.053 0.235472
2018-11-01 0.056 0.254153
2018-10-01 0.056 0.251245
2018-09-04 0.063 0.281250
2018-08-01 0.065 0.288504
2018-07-02 0.063 0.277203
2018-06-01 0.061 0.259034
2018-04-24 0.063 0.261086
2018-04-02 0.064 0.268288
2018-03-01 0.060 0.254885
2018-02-01 0.064 0.270957
2017-12-27 0.062 0.273489
2017-12-01 0.057 0.253660
2017-11-01 0.062 0.273032
2017-10-02 0.064 0.283061
2017-09-01 0.062 0.269612
2017-08-01 0.060 0.265899
2017-07-03 0.060 0.269300
2017-06-01 0.098 0.438950
2017-05-01 0.057 0.262129
2017-04-03 0.060 0.272901
2017-03-01 0.054 0.244333
2017-02-01 0.060 0.267977
2016-12-28 0.056 0.255358
2016-12-01 0.051 0.226566
2016-11-01 0.055 0.236967
2016-10-03 0.080 0.337981
2016-09-01 0.048 0.204038
2016-08-01 0.052 0.218671
2016-07-01 0.064 0.272225
2016-06-01 0.050 0.211158
2016-05-02 0.057 0.237302
2016-02-01 0.086 0.361648
2015-12-29 0.060 0.247831
2015-12-01 0.051 0.209016
2015-11-02 0.055 0.222943
2015-10-01 0.053 0.217570
2015-09-01 0.076 0.316931
2015-08-03 0.063 0.250497
2015-07-01 0.044 0.175817
2015-06-01 0.045 0.180361
2015-05-01 0.062 0.250000
2015-04-01 0.075 0.308388
2015-03-02 0.044 0.182573
2015-02-02 0.045 0.184646
2014-12-29 0.068 0.274083
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 1.54

Info Dump

Attribute Value
All Time High 25.81
All Time Low 21.08
Ask 0.0
Ask Size 1,700
Average Daily Volume10 Day 2,380
Average Daily Volume3 Month 6,655
Average Volume 6,655
Average Volume10Days 2,380
Beta3 Year 0.31
Bid 0.0
Bid Size 600
Category Emerging-Markets Local-Currency Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 23.85
Day Low 23.81
Dividend Yield 1.54
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.7995
Fifty Day Average Change 0.05050087
Fifty Day Average Change Percent 0.00212193
Fifty Two Week Change Percent 6.6442966
Fifty Two Week High 24.0
Fifty Two Week High Change -0.14999962
Fifty Two Week High Change Percent -0.0062499843
Fifty Two Week Low 22.11
Fifty Two Week Low Change 1.7399998
Fifty Two Week Low Change Percent 0.078697406
Fifty Two Week Range 22.11 - 24.0
First Trade Date Milliseconds 1,415,716,200,000
Five Year Average Return 0.021496698
Full Exchange Name NYSEArca
Fund Family VanEck
Fund Inception Date 1,415,577,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is calculated by FTSE Russell Ltd. and is entirely comprised of fixed-rate, Renminbi-denominated bonds issued in the People’s Republic of China (“China” or the “PRC”) by Chinese credit, governmental and quasi-governmental (e.g.,policy banks) issuers (“RMB Bonds”) with a maturity of 0-10 years. The fund is non-diversified.
Long Name VanEck China Bond ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_269374353
Nav Price 23.74
Net Assets 23,741,844.0
Net Expense Ratio 0.5
Open 23.86
Phone 888-658-8287
Previous Close 23.835
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.0150013
Regular Market Change Percent 0.0629381
Regular Market Day High 23.85
Regular Market Day Low 23.81
Regular Market Day Range 23.81 - 23.85
Regular Market Open 23.86
Regular Market Previous Close 23.835
Regular Market Price 23.85
Regular Market Time 1,783,972,799
Regular Market Volume 1,271
Short Name VanEck China Bond ETF
Source Interval 15
Symbol CBON
Three Year Average Return 0.048137598
Total Assets 23,741,844
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.3554
Trailing Three Month Returns 2.3554
Triggerable 1
Two Hundred Day Average 23.103174
Two Hundred Day Average Change 0.7468262
Two Hundred Day Average Change Percent 0.032325696
Type Disp ETF
Volume 1,271
Yield 0.0154
Ytd Return 4.18189