Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

10 Emerging Markets ETFs for 2013

By

This is not a bold prediction, but it is reasonable to expect one of 2012's hottest asset classes to stand tall again in 2013.

PrintPRINT
The subsequent ebullience helped lift the iShares FTSE China 25 Index Fund (NYSEARCA:FXI), the largest China ETF by assets, to a 15.8% gain over the last three months of 2012. That might leave some wondering why GXC should be picked over FXI. Fair question, but over the past year, two years and five years, GXC has consistently (and easily) outperformed FXI. GXC has also been consistently less volatile than FXI over longer time frames.

Not only that, by GXC is home to 220 stocks, nearly 8.5 times as many as FXI. Like FXI, GXC's top sector weight is financials at 34.7%, but that is far lower than the 57.5% FXI allocates to the same sector.

The good news is that on a valuation basis, Chinese ETFs still look inexpensive relative to the broader emerging markets universe. FXI has a P/E ratio of 12.89 and a price-to-book ratio 1.61, according to iShares data. GXC is slightly cheaper with a P/E ratio of 10.9 and a price-to-book ratio of 1.55.

Below, find some more great ETF and market content from Benzinga:

US Airways/American Merger Looks Close After Pilots Show Approval

New Year's Resolutions From Famed Investor Warren Buffett

Apple Deals Another Blow to Samsung


Twitter: @Benzinga

Benzinga Pro covers this and all market news in real time. Get your free trial here.

No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE