GXC Stock Summary and Trading Ideas (SPDR S&P China ETF | ARCA:GXC)

The SPDR S&P China ETF before expenses seeks to closely match the returns and characteristics of the total return performance of the S&P China BMI Index (ticker: STBCCNU).

SPDR S&P China ETF trades on the ARCA stock market under the symbol GXC.

As of September 27, 2024, GXC stock price climbed to $81.01 with 211,338 million shares trading.

GXC has a beta of 0.56, meaning it tends to be less sensitive to market movements. GXC has a correlation of 0.14 to the broad based SPY ETF.

GXC has a market cap of $461.76 million. This is considered a Small Cap stock.

In the last 3 years, GXC traded as high as $118.87 and as low as $59.45.

GXC has underperformed the market in the last year with a return of +17.5%, while SPY returned +36.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GXC shares. However, GXC has outperformed the market in the last 3 month and 2 week periods, returning +16.1% and +24.0%, while SPY returned +5.3% and +2.7%, respectively. This indicates GXC has been having a stronger performance recently.

GXC support price is $78.37 and resistance is $80.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GXC shares will trade within this expected range on the day.