Premiums/Discounts-ETFs

The average premium or discount of the market price to the net asset value (NAV) over the time period, expressed as a percentage of the NAV. A negative number indicates that, on average, the fund's shares sold at a discount to NAV, and a positive number indicates the shares sold at a premium.

Example

If the number shown is –10.00, the shares sold at an average 10% discount to NAV during the listed time period.