The Argument For Emerging Global’s ECON

By
A A A

In my monthly interview with Olly Ludwig, I called ECON the new face of emerging markets. Here's why.

Emerging markets have been hit with the ugly stick recently. The iShares Core Emerging Markets ETF (NYSEArca:IEMG), our favorite broad-based emerging markets ETF, is trading down about 9 percent year-to-date, even as the SPDR S&P 500 ETF (NYSEArca:SPY) is up nearly 19 percent.

But not all flavors of emerging markets have been hit equally. For one, different countries have been behaving differently:The iShares MSCI Philippines ETF (NYSEArca:EPHE) is up nearly 5 percent year-to-date, while the iShares MSCI All Peru Capped ETF (NYSEArca:EPU) is down nearly 30 percent.

But more interestingly, different approaches to broad-based emerging markets have been delivering different patterns of return. The two most interesting alternatives in my mind are the PowerShares FTSE RAFI Emerging Markets ETF (NYSEArca:PXH) and the EGShares Emerging Consumer ETF (NYSEArca:ECON).

Neither has been tearing it up exactly. ECON has managed to lose 'just' 0.86 percent on the year, while PXH is down a whopping 12.56 percent.

IEMG_vs_ECON_vs_PXH Don't forget to check IndexUniverse.com's ETF Data section.

Copyright ® 2013 IndexUniverse LLC . All Rights Reserved.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , ETFs

Referenced Stocks: ECON , EPHE , EPU , PXH , SPY

IndexUniverse

IndexUniverse

More from IndexUniverse:

Related Videos

Stocks

Referenced

Most Active by Volume

75,750,465
  • $16.77 ▲ 0.36%
59,791,764
  • $101.58 ▲ 0.71%
38,720,622
  • $42.59 ▼ 0.28%
37,416,417
  • $46.52 ▼ 0.51%
35,101,793
  • $16.28 ▲ 0.74%
34,987,975
  • $99.53 ▲ 0.15%
33,760,830
  • $3.63 ▲ 0.69%
32,148,671
  • $17.61 ▲ 0.57%
As of 9/17/2014, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com