ETF of ETFs and China Tech

<!doctype html><html lang="en"><head> <meta charset="utf-8"> <title>ETF of ETFs and China Tech</title> <link rel="shortcut icon" href="https://insights.ultumus.com/hubfs/SIX_ULTUMUS-01-1.png"> <meta name="description" content="ETF newcomer Euclid has launched an actively managed ETF that aims to beat the S&P 500 with market timing. HSBC has launched Europe’s first Chinese tech ETF"> <link href="https://maxcdn.bootstrapcdn.com/font-awesome/4.7.0/css/font-awesome.min.css" rel="stylesheet">  <link rel="stylesheet" href="https://cdnjs.cloudflare.com/ajax/libs/slick-carousel/1.9.0/slick-theme.min.css"> <link rel="stylesheet" href="https://cdnjs.cloudflare.com/ajax/libs/slick-carousel/1.9.0/slick.min.css" integrity="sha256-UK1EiopXIL+KVhfbFa8xrmAWPeBjMVdvYMYkTAEv/HI=" crossorigin="anonymous"> <meta name="viewport" content="width=device-width, initial-scale=1"> <script src="/hs/hsstatic/jquery-libs/static-1.4/jquery/jquery-1.11.2.js"></script> <script>hsjQuery = window['jQuery'];</script> <meta property="og:description" content="ETF newcomer Euclid has launched an actively managed ETF that aims to beat the S&P 500 with market timing. HSBC has launched Europe’s first Chinese tech ETF"> <meta property="og:title" content="ETF of ETFs and China Tech"> <meta name="twitter:description" content="ETF newcomer Euclid has launched an actively managed ETF that aims to beat the S&P 500 with market timing. HSBC has launched Europe’s first Chinese tech ETF"> <meta name="twitter:title" content="ETF of ETFs and China Tech"> <style> a.cta_button{-moz-box-sizing:content-box !important;-webkit-box-sizing:content-box !important;box-sizing:content-box !important;vertical-align:middle}.hs-breadcrumb-menu{list-style-type:none;margin:0px 0px 0px 0px;padding:0px 0px 0px 0px}.hs-breadcrumb-menu-item{float:left;padding:10px 0px 10px 10px}.hs-breadcrumb-menu-divider:before{content:'›';padding-left:10px}.hs-featured-image-link{border:0}.hs-featured-image{float:right;margin:0 0 20px 20px;max-width:50%}@media (max-width: 568px){.hs-featured-image{float:none;margin:0;width:100%;max-width:100%}}.hs-screen-reader-text{clip:rect(1px, 1px, 1px, 1px);height:1px;overflow:hidden;position:absolute !important;width:1px} </style> <link rel="stylesheet" href="https://insights.ultumus.com/hs-fs/hub/8446674/hub_generated/template_assets/44224477773/1678290203988/NS_Regal-Lite-Theme/css/main.css"> <link rel="stylesheet" href="https://insights.ultumus.com/hs-fs/hub/8446674/hub_generated/template_assets/44224477774/1662098100054/NS_Regal-Lite-Theme/css/theme-overrides.min.css"> <link rel="stylesheet" href="https://insights.ultumus.com/hs-fs/hub/8446674/hub_generated/template_assets/44225072274/1617207856750/NS_Regal-Lite-Theme/css/responsive.min.css"> <style> @font-face { font-family: "Roboto"; font-weight: 400; font-style: normal; font-display: swap; src: url("/_hcms/googlefonts/Roboto/regular.woff2") format("woff2"), url("/_hcms/googlefonts/Roboto/regular.woff") format("woff"); } @font-face { font-family: "Roboto"; font-weight: 300; font-style: normal; font-display: swap; src: url("/_hcms/googlefonts/Roboto/300.woff2") format("woff2"), url("/_hcms/googlefonts/Roboto/300.woff") format("woff"); } @font-face { font-family: "Roboto"; font-weight: 700; font-style: normal; font-display: swap; src: url("/_hcms/googlefonts/Roboto/700.woff2") format("woff2"), url("/_hcms/googlefonts/Roboto/700.woff") format("woff"); } </style> <script type="application/ld+json"> { "mainEntityOfPage" : { "@type" : "WebPage", "@id" : "https://insights.ultumus.com/etf-of-etfs-and-china-tech" }, "author" : { "name" : "Bernie Thurston", "url" : "https://insights.ultumus.com/author/bernie-thurston", "@type" : "Person" }, "headline" : "ETF of ETFs and China Tech", "datePublished" : "2021-01-11T08:53:27.000Z", "dateModified" : "2021-04-16T07:58:44.392Z", "publisher" : { "name" : "Ultumus Ltd", "logo" : { "url" : "https://f.hubspotusercontent20.net/hubfs/8446674/SIX_ULTUMUS-01.png", "@type" : "ImageObject" }, "@type" : "Organization" }, "@context" : "https://schema.org", "@type" : "BlogPosting", "image" : [ "https://f.hubspotusercontent20.net/hubfs/8446674/7.jpg" ] } </script>  <script> var _hsp = window._hsp = window._hsp || []; _hsp.push(['addPrivacyConsentListener', function(consent) { if (consent.allowed || (consent.categories && consent.categories.analytics)) { (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','//www.google-analytics.com/analytics.js','ga'); ga('create','UA-90677900-1','auto'); ga('send','pageview'); }}]); </script>  <script type="text/javascript"> _linkedin_partner_id = "4496002"; window._linkedin_data_partner_ids = window._linkedin_data_partner_ids || []; window._linkedin_data_partner_ids.push(_linkedin_partner_id); </script><script type="text/javascript"> (function(l) { if (!l){window.lintrk = function(a,b){window.lintrk.q.push([a,b])}; window.lintrk.q=[]} var s = document.getElementsByTagName("script")[0]; var b = document.createElement("script"); b.type = "text/javascript";b.async = true; b.src = "https://snap.licdn.com/li.lms-analytics/insight.min.js"; s.parentNode.insertBefore(b, s);})(window.lintrk); </script> <noscript> <img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=4496002&amp;fmt=gif"> </noscript> <style> .social-fac { display:none; } .header__logo img { width: 175px!important; } .regal-footer .footer-nav:nth-child(3) li:nth-child(1) a:nth-child(2) { display: none; } .unique-header-menu .hs-menu-wrapper.hs-menu-flow-horizontal>ul { float: left; display: inline-flex; } li { list-style-type: none!important; } </style> <link rel="amphtml" href="https://insights.ultumus.com/etf-of-etfs-and-china-tech?hs_amp=true"> <meta property="og:image" content="https://insights.ultumus.com/hubfs/7.jpg"> <meta property="og:image:width" content="1920"> <meta property="og:image:height" content="1080"> <meta property="og:image:alt" content="Euclid Launches Actively managed ETF"> <meta name="twitter:image" content="https://insights.ultumus.com/hubfs/7.jpg"> <meta name="twitter:image:alt" content="Euclid Launches Actively managed ETF"> <meta property="og:url" content="https://insights.ultumus.com/etf-of-etfs-and-china-tech"> <meta name="twitter:card" content="summary_large_image"> <link rel="canonical" href="https://insights.ultumus.com/etf-of-etfs-and-china-tech"> <meta property="og:type" content="article"> <link rel="alternate" type="application/rss+xml" href="https://insights.ultumus.com/rss.xml"> <meta name="twitter:domain" content="insights.ultumus.com"> <script src="//platform.linkedin.com/in.js" type="text/javascript"> lang: en_US </script> <meta http-equiv="content-language" content="en"> <script type="text/javascript" src="//cdnjs.cloudflare.com/ajax/libs/jquery/1.7.1/jquery.min.js"></script> <script type="text/javascript" src="//cdn.jsdelivr.net/npm/slick-carousel@1.8.1/slick/slick.min.js"></script> <meta name="generator" content="HubSpot"></head> <body> <div class="body-wrapper banner-fix hs-content-id-44073458999 hs-blog-post hs-blog-id-35542563153"> <div data-global-resource-path="NS_Regal-Lite-Theme/templates/partials/header.html"><header class="header"> <div class="header__container content-wrapper"> <div id="hs_cos_wrapper_header" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"><div class="unique-header-main"> <div class="unique-header light-header "> <div class="container"> <div class="unique-header-inner"> <div class="unique-logo-wrap"> <div class="main-logo"> <span id="hs_cos_wrapper_header_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_logo" style="" data-hs-cos-general-type="widget" data-hs-cos-type="logo"><a href="//www.ultumus.com" id="hs-link-header_" style="border-width:0px;border:0px;"><img src="https://insights.ultumus.com/hs-fs/hubfs/Ult-6.png?width=200&height=52&name=Ult-6.png" class="hs-image-widget " height="52" style="height: auto;width:200px;border-width:0px;border:0px;" width="200" alt="Ult-6" title="Ult-6" srcset="https://insights.ultumus.com/hs-fs/hubfs/Ult-6.png?width=100&height=26&name=Ult-6.png 100w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6.png?width=200&height=52&name=Ult-6.png 200w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6.png?width=300&height=78&name=Ult-6.png 300w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6.png?width=400&height=104&name=Ult-6.png 400w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6.png?width=500&height=130&name=Ult-6.png 500w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6.png?width=600&height=156&name=Ult-6.png 600w" sizes="(max-width: 200px) 100vw, 200px"></a></span> </div> </div> <div class="menu-block-wrap"> <div class="unique-header-menu"> <span id="hs_cos_wrapper_header_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_menu" style="" data-hs-cos-general-type="widget" data-hs-cos-type="menu"><div id="hs_menu_wrapper_header_" class="hs-menu-wrapper active-branch flyouts hs-menu-flow-horizontal" role="navigation" data-sitemap-name="default" data-menu-id="44120417117" aria-label="Navigation Menu"> <ul role="menu" class="active-branch"> <li class="hs-menu-item hs-menu-depth-1 hs-item-has-children" role="none"><a href="https://www.ultumus.com/why-ultumus" aria-haspopup="true" aria-expanded="false" role="menuitem">ULTUMUS</a> <ul role="menu" class="hs-menu-children-wrapper"> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/why-ultumus" role="menuitem">Why Choose Us</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/products" role="menuitem">ULTUMUS Products</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/contact" role="menuitem">Contact Us</a></li> </ul></li> <li class="hs-menu-item hs-menu-depth-1 hs-item-has-children" role="none"><a href="https://www.ultumus.com/products" aria-haspopup="true" aria-expanded="false" role="menuitem">Index Products</a> <ul role="menu" class="hs-menu-children-wrapper"> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/global-index-aggregation" role="menuitem">Global Index Aggregation</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/custom-index-and-basket-calculation-solution" role="menuitem">Custom Index and Basket Calculation</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/global-dividend-forecast" role="menuitem">Dividend Forecasting</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/understanding-index-data-management" role="menuitem">Index Data Ultimate Guide</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/understanding-corporate-actions" role="menuitem">Corporate Actions Ultimate Guide</a></li> </ul></li> <li class="hs-menu-item hs-menu-depth-1 hs-item-has-children" role="none"><a href="https://www.ultumus.com/products" aria-haspopup="true" aria-expanded="false" role="menuitem">ETF Products</a> <ul role="menu" class="hs-menu-children-wrapper"> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/global-etf-aggregation" role="menuitem">Global ETF Aggregation</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/pcf-calculation" role="menuitem">PCF Calculation</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/cosmos-platform" role="menuitem">COSMOS Create/Redeem Platform</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/ultimate-guide-to-managing-etf-data" role="menuitem">ETF Ultimate Guide</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/your-guide-to-portfolio-composition-files" role="menuitem">PCF Ultimate Guide</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/crypto-fixing-and-reference-data" role="menuitem">Crypto Fixing and Reference Data</a></li> </ul></li> <li class="hs-menu-item hs-menu-depth-1 hs-item-has-children" role="none"><a href="https://www.ultumus.com/global-corporate-action-service" aria-haspopup="true" aria-expanded="false" role="menuitem">SIX Data</a> <ul role="menu" class="hs-menu-children-wrapper"> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/global-corporate-action-service" role="menuitem">Global Corporate Actions</a></li> </ul></li> <li class="hs-menu-item hs-menu-depth-1 hs-item-has-children" role="none"><a href="https://www.ultumus.com/ultumus-use-cases-for-etf-issuers" aria-haspopup="true" aria-expanded="false" role="menuitem">Use Cases</a> <ul role="menu" class="hs-menu-children-wrapper"> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/ultumus-use-cases-for-etf-issuers" role="menuitem">ETF Issuers</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/market-makers" role="menuitem">Market Makers </a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/asset-managers-investor-services" role="menuitem">Asset Managers & Investor Services </a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/equity-derivatives-and-index-trading" role="menuitem">Equity Derivatives & Index Trading</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/tier-1-investment-bank-case-studies-and-solutions" role="menuitem">Case Studies</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/api-pulse-user-guide" role="menuitem">PULSE - API</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/api-pulse-user-guide-0" role="menuitem">IRONHIDE – Data & Tools UI</a></li> </ul></li> <li class="hs-menu-item hs-menu-depth-1 active hs-item-has-children active-branch" role="none"><a href="https://insights.ultumus.com" aria-haspopup="true" aria-expanded="false" role="menuitem">News & Insights</a> <ul role="menu" class="hs-menu-children-wrapper"> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://product.ultumus.com/rebalance-calendar" role="menuitem">Global Index Rebalance Calendar</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://www.ultumus.com/etf-flow-reports" role="menuitem">ETF Flow Reports</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://insights.ultumus.com" role="menuitem">Insights</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://news.ultumus.com" role="menuitem">News</a></li> <li class="hs-menu-item hs-menu-depth-2" role="none"><a href="https://insights.ultumus.com/ultumus-restricted-content" role="menuitem">Restricted Content</a></li> </ul></li> </ul> </div></span> </div> </div> </div> </div> </div> </div></div> </div> </header></div> <main class="body-container-wrapper blog-post-new"> <div class="body-container body-container--blog-index blog-post-container"> <div class="blog-banner-img featured-article" style="background-image:url(https://insights.ultumus.com/hubfs/7.jpg);"> <div class="inner"> <div class="page-center"> <p id="hubspot-topic_data"> <a class="topic-link" href="https://insights.ultumus.com/topic/news">News</a> <span class="separator">,</span> <a class="topic-link" href="https://insights.ultumus.com/topic/hstc">HSTC</a> <span class="separator">,</span> <a class="topic-link" href="https://insights.ultumus.com/topic/eucg">EUCG</a> <span class="separator">,</span> <a class="topic-link" href="https://insights.ultumus.com/topic/hsbc-china-tech">HSBC China Tech</a> <span class="separator">,</span> <a class="topic-link" href="https://insights.ultumus.com/topic/euclid">Euclid</a> </p>  <div class="custom-post-title"><h1><span id="hs_cos_wrapper_name" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="text">ETF of ETFs and China Tech</span></h1></div> <div class="blog-listing-wrapper style-one cell-wrapper"> <a class="blog-listing-author" href="https://insights.ultumus.com/author/bernie-thurston">By <span>Bernie Thurston</span></a> <div class="date"> January 11, 2021 </div> </div> </div> </div> </div> <div class="blog-detail-wraper"> <div class="share fixedsocailmedia-block"> <ul> <li> <a href="https://twitter.com/intent/tweet?url={url}&text={title}" class="social-twi" title="Twitter" target="_blank"> <i class="fa fa-twitter"></i> </a> </li> <li> <a href="https://www.linkedin.com/shareArticle?mini=true&url={url}&title={title}" class="social-lin" title="Linkedin" target="_blank"> <i class="fa fa-linkedin-square"></i> </a> </li> </ul> </div> <div class="container"> <div class="row-fluid"> <div class="span10 blog-post-section"> <div class="widget-type-blog_content"> <div class="blog-listing-wrapper cell-wrapper"> <div class="blog-section"> <div class="blog-post-wrapper cell-wrapper"> <div class="section post-body"> <span id="hs_cos_wrapper_post_body" class="hs_cos_wrapper hs_cos_wrapper_meta_field hs_cos_wrapper_type_rich_text" style="" data-hs-cos-general-type="meta_field" data-hs-cos-type="rich_text"><p></p> <ul> <li>USA: Euclid launches active ETF of ETFs</li> <li>Europe: HSBC launches China tech ETF</li> </ul> <p></p> <p></p> <p><strong>USA</strong></p> <p></p> <p></p> <p><strong>Actively managed ETF of ETFs</strong></p> <p></p> <p></p> <p>ETF newcomer Euclid has launched an actively managed ETF that aims to beat the S&P 500 with market timing. The Euclid Capital Growth ETF (EUCG) will buy shares and bond ETFs, changing between them based on risk, trends, and a computer model. When choosing ETFs, the fund looks at expense ratios and liquidity--in addition to investment strategy. </p>  <p></p> <p></p> <p>EUCG is currently betting on Big Tech, with large positions in the Schwab growth ETF and Fidelity’s tech ETF. It also appears to be making a small reopening trade, with the SPDR retail and regional banks ETFs. </p> <p></p> <p></p> <p>The fund charges 0.82%. Its website is <a href="https://www.euclidetfs.com/">here</a>. </p> <p></p> <p></p> <p><strong>Europe</strong></p> <p></p> <p></p> <p><strong>HSBC lists Europe’s first China tech ETF</strong></p> <p></p> <p></p> <p>HSBC has launched Europe’s first Chinese tech ETF. The HSBC Hang Seng TECH UCITS ETF (HSTC) buys 30 tech companies listed in Hong Kong based on market capitalisation. The fund’s definition of tech is a bit broader and includes industrials and healthcare companies. To be included, companies must have high exposure to one of five themes; cloud, digital, e-commerce, fintech or internet/mobile.</p> <p></p> <p></p> <p>The companies must also pass an innovation potential screening with the criteria that they operate a tech-enabled business model delivered via the internet, have strong R&D investment or a year-on-year revenue growth of at least 10%.</p> <p></p> <p></p> <p>The fund charges 0.50%. The biggest holdings are the obvious candidates Alibaba, Tencent, Meituan, Xiaomi, Jd.com. But also less obvious ones like Sunny Opticals, Kingdee International and PA Good Doctor.</p> <p></p> <p></p> <p><strong>Analysis – unlucky timing and a complaint about HSBC’s website</strong></p> <p></p> <p></p> <p>You always need a bit of luck when it comes to ETF launches. If you launch and your fund starts outperforming straight away, then your assets will typically surge. By contrast, if you launch an ETF into a tanking market it can struggle to generate interest. For this reason we sometimes see ETF issuers delay their listings if launches are scheduled during corrections. </p> <p></p> <p></p> <p>With the timing of this, HSBC has had little luck. In Trump’s final weeks in office he seems intent on lashing Chinese companies listed on US exchanges. The Chinese government, for its part, has launched an investigation into its internet giants for monopoly behaviour and the “disorderly expansion of capital”. Meanwhile, due to Jack Ma’s big mouth, Alibaba’s share price has fallen by one-third since December. All of which translates into headwinds for HSTC. </p> <p></p> <p></p> <p>Aside from bad luck on timings—a quick complaint about HSBC’s website. ETF issuers put basic fund data such as expense ratio, AUM, how stocks are selected and weighted, how often the index is rebalanced, etc on their websites. Analysts and investors wanting to learn about their ETFs just go and quickly grab the data. </p> <p></p> <p></p> <p>But HSBC – for whatever reason – hasn’t done this for its European ETFs. The website and fund factsheet<span style="text-decoration: underline;"><span style="font-weight: bold;"> (</span></span><a href="https://www.assetmanagement.hsbc.co.uk/en/intermediary/hang-seng-tech-etf" style="font-weight: bold; text-decoration: underline;">here</a><span style="text-decoration: underline;"><span style="font-weight: bold;">)</span></span></p> <hr> <p><span class="hs-cta-wrapper" id="hs-cta-wrapper-cdaae7ff-90be-4795-920c-8c27fc4308bd"><span class="hs-cta-node hs-cta-cdaae7ff-90be-4795-920c-8c27fc4308bd" id="hs-cta-cdaae7ff-90be-4795-920c-8c27fc4308bd"><a href="https://cta-redirect.hubspot.com/cta/redirect/8446674/cdaae7ff-90be-4795-920c-8c27fc4308bd" target="_blank" rel="noopener"><img class="hs-cta-img" id="hs-cta-img-cdaae7ff-90be-4795-920c-8c27fc4308bd" style="border-width:0px;margin: 0 auto; display: block; margin-top: 20px; margin-bottom: 20px" src="https://no-cache.hubspot.com/cta/default/8446674/cdaae7ff-90be-4795-920c-8c27fc4308bd.png" alt="Subscribe to our Blog Notifications" align="middle"></a></span><script charset="utf-8" src="/hs/cta/cta/current.js"></script><script type="text/javascript"> hbspt.cta._relativeUrls=true;hbspt.cta.load(8446674, 'cdaae7ff-90be-4795-920c-8c27fc4308bd', {"useNewLoader":"true","region":"na1"}); </script></span></p> <p></p></span> </div> </div> </div> <div class="blog-section"> <div class="blog-listing-wrapper cell-wrapper"> <div class="post-listing"> </div> <div class="blog-pagination"> <a class="all-posts-link" href="https://insights.ultumus.com">All posts</a> </div> </div> </div> </div> </div> <div class="author-detail-wrap"> <div class="author-detail"> <div class="author-header"> <h6>About Author</h6> </div> <div class="image"> <div class="hs-author-avatar" style="background-image: url(https://insights.ultumus.com/hubfs/BT.png);"></div> </div> <div class="author-description"> <a class="author-link" href="https://insights.ultumus.com/author/bernie-thurston">Bernie Thurston</a> <p>Bernie loves data. Fortunately for him, London’s finance industry has been indulgent, providing him lots of benchmark data to play with and enjoy. Bernie’s journey began at Sky, where he designed the first interactive television and helped build a technical-based charity (ctt.org). He then hopped over to finance, and soon found himself at a start-up working on dividends and derivatives. Then, by nature of the fact that finance and technology have rapidly conjoined, he found himself working with Credit Suisse to build an index aggregation and distribution platform. Markit then acquired the start-up and Bernie battled his way up the greasy pole becoming the Managing Director of Markit’s equities division, with responsibility for index, ETF and Dividends. But the siren song of startups called once more. And Bernie was headhunted to rescue a failing index business. Over five years, he helped reverse the fortunes of DeltaOne Solutions, turning into a fighting force. So successful was the turn around that Markit came along and acquired this company as well. But Bernie still loved start-ups. To that end, he founded Ultumus, an ETF and benchmark data company. Ultumus aims to provide the best data in the most timely and consumable manner possible. With clients on both buy and sell side, when something happens in the index or ETF industry, Ultumus is the first to know.</p> <div class="blog-post-social-wrap"> <a href="https://www.ultumus.com/" target="_blank" class="hs-author-social-link hs-social-website"> <i class="fa fa-globe" aria-hidden="true"></i> </a> <a href="https://www.linkedin.com/in/bernie-thurston-a9539a5/" target="_blank" class="hs-author-social-link hs-social-linkedin"> <i class="fa fa-linkedin" aria-hidden="true"></i> </a> </div> </div> </div> </div> <div class="related-posts-wrap"> <div class="related-posts"> <h5>You might also like</h5> <div class="related-post-item"> <div class="related-image"><img src="https://insights.ultumus.com/hubfs/Screenshot%202024-03-22%20at%2008.57.34.png" alt="Magic 8 News"></div> <div class="related-title"><a href="https://insights.ultumus.com/magic8">Magic 8 News</a></div> <div class="post-date"> January 11, 2021 </div> </div> <div class="related-post-item"> <div class="related-image"><img src="https://insights.ultumus.com/hubfs/ETF_LAUNCHES__DEC_2023_pdf.jpg" alt="Global ETF Monitor"></div> <div class="related-title"><a href="https://insights.ultumus.com/global-etf-monitor2023">Global ETF Monitor</a></div> <div class="post-date"> January 11, 2021 </div> </div> <div class="related-post-item"> <div class="related-image"><img src="https://insights.ultumus.com/hubfs/artur-voznenko-KGxOqAiOhX0-unsplash.jpg" alt="NATO Defence"></div> <div class="related-title"><a href="https://insights.ultumus.com/nato_defense">NATO Defence</a></div> <div class="post-date"> January 11, 2021 </div> </div> </div> </div> </div> </div> </div> </div> </div> </main> <script> const links = document.querySelectorAll('.share a'); function onClick(event) { event.preventDefault(); window.open( event.currentTarget.href, 'Поделиться', 'width=600,height=500,location=no,menubar=no,toolbar=no' ); } links.forEach((link) => { const url = encodeURIComponent(window.location.origin + window.location.pathname); const title = encodeURIComponent(document.title); link.href = link.href .replace('{url}', url) .replace('{title}', title); link.addEventListener('click', onClick); }); </script> <div data-global-resource-path="NS_Regal-Lite-Theme/templates/partials/footer.html"> <div id="hs_cos_wrapper_footer" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_module" style="" data-hs-cos-general-type="widget" data-hs-cos-type="module"> <div class="footer text_white" style="background-color:#021626;"> <div class="container"> <div class="regal-footer"> <div class="row-fluid"> <div class="span12"> <div class="span6 footer-logo-columns"> <div class="footer-logo"> <span id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_logo" style="" data-hs-cos-general-type="widget" data-hs-cos-type="logo"><a href="//www.ultumus.com" id="hs-link-footer_" style="border-width:0px;border:0px;"><img src="https://insights.ultumus.com/hs-fs/hubfs/Ult-6-wit.png?width=180&height=46&name=Ult-6-wit.png" class="hs-image-widget " height="46" style="height: auto;width:180px;border-width:0px;border:0px;" width="180" alt="Ult-6-wit" title="Ult-6-wit" srcset="https://insights.ultumus.com/hs-fs/hubfs/Ult-6-wit.png?width=90&height=23&name=Ult-6-wit.png 90w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6-wit.png?width=180&height=46&name=Ult-6-wit.png 180w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6-wit.png?width=270&height=69&name=Ult-6-wit.png 270w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6-wit.png?width=360&height=92&name=Ult-6-wit.png 360w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6-wit.png?width=450&height=115&name=Ult-6-wit.png 450w, https://insights.ultumus.com/hs-fs/hubfs/Ult-6-wit.png?width=540&height=138&name=Ult-6-wit.png 540w" sizes="(max-width: 180px) 100vw, 180px"></a></span> </div> <div class="footer-descirption"> <div id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_inline_rich_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="inline_rich_text" data-hs-cos-field="footer_s1_description.footer_s1_description"><p><span>Our market leading technology powers four highly customizable solutions.</span></p></div> </div> </div> <div class="span6">  <div class="span4 footer-nav"> <h5 class="footer-title"> <div id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_inline_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="inline_text" data-hs-cos-field="footer_s1_footer_menu_1.footer_s1_menu_title">Products</div> </h5> <span id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_menu" style="" data-hs-cos-general-type="widget" data-hs-cos-type="menu"><div id="hs_menu_wrapper_footer_" class="hs-menu-wrapper active-branch flyouts hs-menu-flow-horizontal" role="navigation" data-sitemap-name="default" data-menu-id="43688896681" aria-label="Navigation Menu"> <ul role="menu"> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/global-etf-aggregation" role="menuitem">ETF Aggregation</a></li> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/pcf-calculation" role="menuitem">PCF Calculation</a></li> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/cosmos-platform" role="menuitem">COSMOS Platform</a></li> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/global-index-aggregation" role="menuitem">Index Aggregation</a></li> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/custom-index-and-basket-calculation-solution" role="menuitem">Custom Index and<br>Basket Calculation Solution </a></li> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/global-dividend-forecast" role="menuitem">Dividend Forecasting</a></li> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/global-corporate-action-service" role="menuitem">SIX Corporate Action Service</a></li> </ul> </div></span> </div> <div class="span4 footer-nav"> <h5 class="footer-title"> <div id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_inline_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="inline_text" data-hs-cos-field="footer_s1_footer_menu_2.footer_s1_menu_title2">Site map</div> </h5> <span id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_menu" style="" data-hs-cos-general-type="widget" data-hs-cos-type="menu"><div id="hs_menu_wrapper_footer_" class="hs-menu-wrapper active-branch flyouts hs-menu-flow-horizontal" role="navigation" data-sitemap-name="default" data-menu-id="43688896865" aria-label="Navigation Menu"> <ul role="menu" class="active-branch"> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/why-ultumus" role="menuitem">Why ULTUMUS</a></li> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/products" role="menuitem">Our Products</a></li> <li class="hs-menu-item hs-menu-depth-1 active active-branch" role="none"><a href="https://insights.ultumus.com" role="menuitem">Insights</a></li> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="https://www.ultumus.com/contact" role="menuitem">Contact Us</a></li> </ul> </div></span> </div> <div class="span4 footer-nav"> <h5 class="footer-title"> <div id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_inline_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="inline_text" data-hs-cos-field="footer_s1_footer_menu_3.footer_s1_menu_title3">Contact Us</div> </h5> <span id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_menu" style="" data-hs-cos-general-type="widget" data-hs-cos-type="menu"><div id="hs_menu_wrapper_footer_" class="hs-menu-wrapper active-branch flyouts hs-menu-flow-horizontal" role="navigation" data-sitemap-name="default" data-menu-id="43690633869" aria-label="Navigation Menu"> <ul role="menu"> <li class="hs-menu-item hs-menu-depth-1" role="none"><a href="mailto:info@ultumus.com" role="menuitem">info@ultumus.com</a></li> </ul> </div></span> </div> </div> </div>  <div class="span12 copyright-block"> <div class="span6 copyright-inner"> <div id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_inline_rich_text" style="" data-hs-cos-general-type="widget" data-hs-cos-type="inline_rich_text" data-hs-cos-field="footer_s1_copyright.footer_s1_copyright_text"><p>©2025. All rights reserved</p></div> </div> <div class="span6 social-wrapper"> <a class="social-links__icon" href="https://www.linkedin.com/company/ultumus/" target="_blank"> <span id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_icon" style="" data-hs-cos-general-type="widget" data-hs-cos-type="icon"><svg version="1.0" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 448 512" aria-hidden="true"><g id="linkedin-in1_layer"><path d="M100.3 480H7.4V180.9h92.9V480zM53.8 140.1C24.1 140.1 0 115.5 0 85.8 0 56.1 24.1 32 53.8 32c29.7 0 53.8 24.1 53.8 53.8 0 29.7-24.1 54.3-53.8 54.3zM448 480h-92.7V334.4c0-34.7-.7-79.2-48.3-79.2-48.3 0-55.7 37.7-55.7 76.7V480h-92.8V180.9h89.1v40.8h1.3c12.4-23.5 42.7-48.3 87.9-48.3 94 0 111.3 61.9 111.3 142.3V480z" /></g></svg></span> </a> <a class="social-links__icon" href="https://twitter.com/ultumus?lang=en" target="_blank"> <span id="hs_cos_wrapper_footer_" class="hs_cos_wrapper hs_cos_wrapper_widget hs_cos_wrapper_type_icon" style="" data-hs-cos-general-type="widget" data-hs-cos-type="icon"><svg version="1.0" xmlns="http://www.w3.org/2000/svg" viewbox="0 0 512 512" aria-hidden="true"><g id="twitter2_layer"><path d="M459.37 151.716c.325 4.548.325 9.097.325 13.645 0 138.72-105.583 298.558-298.558 298.558-59.452 0-114.68-17.219-161.137-47.106 8.447.974 16.568 1.299 25.34 1.299 49.055 0 94.213-16.568 130.274-44.832-46.132-.975-84.792-31.188-98.112-72.772 6.498.974 12.995 1.624 19.818 1.624 9.421 0 18.843-1.3 27.614-3.573-48.081-9.747-84.143-51.98-84.143-102.985v-1.299c13.969 7.797 30.214 12.67 47.431 13.319-28.264-18.843-46.781-51.005-46.781-87.391 0-19.492 5.197-37.36 14.294-52.954 51.655 63.675 129.3 105.258 216.365 109.807-1.624-7.797-2.599-15.918-2.599-24.04 0-57.828 46.782-104.934 104.934-104.934 30.213 0 57.502 12.67 76.67 33.137 23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z" /></g></svg></span> </a> </div> </div> </div> </div> </div> </div> </div> </div> </div>  <script defer src="/hs/hsstatic/content-cwv-embed/static-1.1293/embed.js"></script> <script src="https://insights.ultumus.com/hs-fs/hub/8446674/hub_generated/template_assets/44225072279/1617207855306/NS_Regal-Lite-Theme/js/main.min.js"></script> <script> var hsVars = hsVars || {}; hsVars['language'] = 'en'; </script> <script src="/hs/hsstatic/cos-i18n/static-1.53/bundles/project.js"></script> <script src="/hs/hsstatic/keyboard-accessible-menu-flyouts/static-1.17/bundles/project.js"></script>  <script type="text/javascript"> var _hsq = _hsq || []; _hsq.push(["setContentType", "blog-post"]); _hsq.push(["setCanonicalUrl", "https:\/\/insights.ultumus.com\/etf-of-etfs-and-china-tech"]); _hsq.push(["setPageId", "44073458999"]); _hsq.push(["setContentMetadata", { "contentPageId": 44073458999, "legacyPageId": "44073458999", "contentFolderId": null, "contentGroupId": 35542563153, "abTestId": null, "languageVariantId": 44073458999, "languageCode": "en", }]); </script> <script type="text/javascript" id="hs-script-loader" async defer src="/hs/scriptloader/8446674.js"></script>  <script type="text/javascript"> var hsVars = { render_id: "e8ccd27e-8882-4f72-81b6-9fc0cf67eaeb", ticks: 1739774302486, page_id: 44073458999, content_group_id: 35542563153, portal_id: 8446674, app_hs_base_url: "https://app.hubspot.com", cp_hs_base_url: "https://cp.hubspot.com", language: "en", analytics_page_type: "blog-post", scp_content_type: "", analytics_page_id: "44073458999", category_id: 3, folder_id: 0, is_hubspot_user: false } </script> <script defer src="/hs/hsstatic/HubspotToolsMenu/static-1.393/js/index.js"></script>  <script src="https://insights.ultumus.com/hs-fs/hub/8446674/hub_generated/template_assets/50358850466/1625690544577/calendar/html2canvas.min.js"></script>  <script>!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="https://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");</script> </body></html>

CINXE.COM

ETF of ETFs and China Tech