Yuanta/​P-Shares Taiwan Div+ ETF Rebalance: Changes Lead to Huge Turnover

868 Views04 Dec 2023 05:30
There are 5 adds/4 deletes for the Yuanta/​P-Shares Taiwan Divi+ ETF in December. Estimated one-way turnover is 16.1% resulting in a one-way trade of US$1.26bn. There's a lot to trade on many stocks.
Boomeranged on Thu, 21 Dec 2023 10:25
On average, the adds have outperformed the deletes by 5.2% since the announcement of the changes and by 1.12% since the start of the implementation of the changes. With the implementation period ending on Thursday, there could be a reversal in performance. Shorts have been increasing on the inclusions and reducing on some of the deletions indicating positioning for the reversal.
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