TradeWithPete.comiShares Files For Global TIPS ETF
…As of the end of last month, the index consisted of 167 issues including securities from the following countries; Australia, Brazil, Canada, Chile, France, Germany, Greece, Israel, Italy, Japan, Mexico, Poland, South Africa, Sweden, Turkey, the United Kingdom and the United States. So while the proposed fund would have some similarities to WIP, there would be some major differences as well…
As it turns out, there are four other country ETFs which have posted returns of over 20% this year. In the chart below I have highlighted these single country emerging market ETFs and added a fifth top performer for good measure. Ranked in terms of 2010 performance, these ETFs are for Thailand (THD), Chile (ECH), Malaysia (EWM), Indonesia (IDX) and Turkey (TUR).
This article caught my eye because I was looking at the members only ETF daily worksheet.
If we take a look at the top of the ETF worksheet we can see all the Emerging Market ETFs that Bill mentioned in his article.
Even though the talk has been all about the bond bubble no one is really mentioning the strength in these emerging markets. We know that for the momentum traders that it’s “game on” in this area as of right now.
One can only wonder are we closer to a top versus a bottom in these ETFs?
Thinking out loud “What If” scenario;
“What if” the rest of the developed markets (US, Europe, Asia) took a big hit how quickly will momentum traders jump ship out of these emerging market ETFs?
On Teresa’s list we can also see the following at the top of her list:
-WisdomTree Emrg Mkts SmllCap (DGS)
-SPDR S&P Emerging Mrkts SmCap (EWX)
Talk about a double whammy here: Emerging Markets + Small Cap in one.
This is just one example how one can use the worksheets to find where the momentum players are currently at.
Also let’s not forget to keep this article that Teresa published handy.
Seven Steps to Better Stock Trading
In July, ETF money went out of gold and into emerging markets.
Strong investor inflows into risk-sensitive assets helped support the asset growth in July. Investors poured $9.62 billion in net new cash into exchange-traded products for the month, with two broad-based emerging markets ETFs leading the way: The Vanguard MSCI Emerging Markets ETF (NYSEArca: VWO) gained more than $2 billion in new assets, while the iShares MSCI Emerging Markets Index Fund (NYSEArca: EEM) came in second, with $1.49 billion.
On the flip side, investors pulled money out of traditional safe-haven assets in a major way. State Street Global Advisors’ SPDR Gold Shares (NYSEArca: GLD) product had $1.43 billion in net outflows, second most of all products. Also losing out was the Pimco Enhanced Short Maturity Strategy Fund’s (NYSEArca: MINT) assets, an actively managed money market fund that lost more than half of its assets in June.
This is a pretty neat tool, tweeted by the Kirk Report. Input a ticker symbol into the ETFdb Stock Lookup Tool and it will list all the ETFs that have that stock in it’s top 10 holdings.
Not sure I’ll ever need such a thing, but it’s pretty neat!
Pete 10:51 AM on September 2, 2010 Permalink | Log in to Reply
This Time Seen Different as Emerging Stocks Top World “Emerging-market stocks are trading at the highest valuations relative to advanced-country shares in more than two years as faster economic growth persuades the biggest investors to look past historical sell signals.” — They started to notice :)