SG Talk

SG Talk > SG Talk > Market Talk > HS Tech big tracking error of Lion OCBC HSTech ETF
Full Version: HS Tech big tracking error of Lion OCBC HSTech ETF
You're currently viewing a stripped down version of our content. View the full version with proper formatting.

sgbuffett

13-07-2023, 10:26 AM
It is off by 1+% today which is massive normally the error is less that 0.1%

There is exchange rate adjustment but the SGD didn't move that much against USD

The green chart is HStech index which rose 3.5% today.....the etf is moved up knling 2.2%

[Image: y440cn1.jpg]

sgbuffett

13-07-2023, 10:31 AM
The USD fell 0.6%...which does not account fully for the error.

[Image: Lf9JOMI.jpg]

starbugs

13-07-2023, 11:32 AM
Could also be due to expenses being deducted today or effect of CD/XD in component stocks. I don't hold this garbage but short-term discrepancies are quite common actually in the two other ETFs I hold.

sgbuffett

13-07-2023, 12:50 PM
(13-07-2023, 11:32 AM)starbugs Wrote: [ -> ]Could also be due to expenses being deducted today or effect of CD/XD in component stocks. I don't hold this garbage but short-term discrepancies are quite common actually in the two other ETFs I hold.

Very low expenses ...and hardly any dividends
SG Talk > SG Talk > Market Talk > HS Tech big tracking error of Lion OCBC HSTech ETF