|Day's Range||28.7069 - 28.8300|
|52 Week Range||25.4500 - 31.5100|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.50%|
Big stock market names are betting European and emerging market stocks offer better value than US equities. But they're not talking enough about bonds.
Emerging market bond ETFs denominated in local currencies are among the best-performing fixed-income ETFs year-to-date. They’ve come a long way from the massive hit they faced last November when the U.S. elected Trump as the new president. That sell-off then centered on renewed concerns about inflation, higher rates and a strong dollar under the new administration.
Broad emerging market ETFs have faced a steep correction in recent weeks, triggered largely by the outcome of the U.S. presidential election last month and the ongoing strengthening of the dollar.