|Bid||48.00 x 21500|
|Ask||50.68 x 36100|
|Day's Range||49.81 - 50.14|
|52 Week Range||45.35 - 62.70|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.14|
|Expense Ratio (net)||0.14%|
Diversified emerging markets ETFs are supposed to be, well, diversified, but many of these funds feature some concentration risk, particularly at the geographic level. For example, two of the category's most popular funds, the iShares Core MSCI Emerging Markets ETF (IEMG) and the Vanguard FTSE Emerging Markets ETF (VWO) feature significant China exposure. IEMG's China weight is 28.47%, or more than double the weight assigned to its second-largest geographic weight.
How Ray Dalio Beat the Market and Peers in 2018 (Continued from Prior Part) ## Not “long” any particular asset So, what is it exactly that helped Ray Dalio’s Bridgewater Associates beat the market and peers in 2018? The answer probably lies in the way the fund is designed. Most of the market suffered huge losses in the last quarter of 2018 as equities fell. Bridgewater, however, was having its typical year due to its design, wherein it isn’t usually long on any particular asset. ## Bridgewater’s positioning In a telephone interview with Reuters in December, Greg Johnson, co-chief investment officer of Bridgewater Associates, mentioned, “We are bearish on equities but it’s a part of a diversified set of conditions across asset classes. That process has allowed us to have our alpha be uncorrelated over time to equity markets.” He added, “We do equally well as equity markets go up or equity markets go down. So, we are having a normal year this year – as good as our typical year – and that is a function of the design of our alpha … we don’t have any tendency to be long any particular asset.” ## Bridgewater’s holdings A lot of hedge fund managers got burned, as they had outsized positions in a few stocks and a lot of them had it in the over-owned tech (QQQ) space. Dalio’s holdings are mostly concentrated in a small number of positions with most of its largest stakes in ETFs. Its top ten holdings form 71% of its total portfolio. At the end of Q3 2018, its five largest holdings were: * the SPDR S&P 500 Trust ETF (SPY): 23.6% * the Vanguard FTSE Emerging Markets ETF (VWO): 21.6% * the iShares Core MSCI Emerging Markets ETF (IEMG): 6.1% * the SPDR Gold Shares ETF (GLD): 4.6% * the iShares MSCI Emerging Markets ETF (EEM): 3.5% Apart from this, Dalio’s strategy of having a “strategic asset allocation mix,” or having a neutral portfolio during an overall period and then figuring out where there is alpha, could also have helped Dalio beat the market. Continue to Next Part Browse this series on Market Realist: * Part 1 - Ray Dalio’s Bridgewater Is Rare Bright Spot in Market Rout * Part 2 - Did Ray Dalio’s Bearish Stance on Markets Help? * Part 4 - Ray Dalio’s Advice Is to ‘Go Counter-Cyclical’
As was widely documented, emerging markets equities and the relevant exchange traded funds struggled last year. The widely followed MSCI Emerging Markets Index tumbled more than 15% last year while the iShares Core MSCI Emerging Markets ETF (IEMG) shed 14.9%. Recent data points indicate traders are buying some marquee ETFs tracking developing economies.
ETF Trends Publisher Tom Lydon wrote a piece for Fox Business identifying the opportunities abound for investors in 2019 after what’s been a stormy 2018 fraught with market challenges, such as trade wars, ...
With the widely followed MSCI Emerging Markets Index down more than 17% year-to-date, a popular call late in 2018 has been forecasting a 2019 rebound for emerging markets equities. Should that theme materialize, it would benefit a slew of exchange traded funds, such as the iShares Core MSCI Emerging Markets ETF (IEMG) . Emerging markets stocks and the related exchange traded funds have been among the most obvious laggards this year, but recent data points indicate traders are buying some marquee ETFs tracking developing economies.
While talking to CNBC in September, Ray Dalio said that investors should get “more defensive” in the stock market, and warned that stocks’ upside looks limited. He added that the projected returns for stocks relative to cash and bonds (BND) look “sort of about right.”
With Christmas upon us, it's a time to reflect on a year of what was and for the savvy investor, to reassess his or her portfolio to strategize for a prosperous 2019. The growth-fueled investments that were able to feed into a prosperous bull run in 2018 can no longer be repurposed for 2019, particularly after a tornado of volatility the last few months. Here are five exchange-traded funds (ETFs) to look at that can capitalize on burgeoning trends in the investment space as investors turn the page on 2018 and begin the new year. 1.
Lately the news has been so back and forth, so uncertain, that investors could be forgiven for being scared to make new stock picks. Luckily, our experts are here to help, with their exchange-traded fund picks for the Best ETFs for 2019 contest. Others looked overseas — there are two emerging markets and one Mexico ETF in this year’s contest.
This year has been a stark contrast to the steady bull market we enjoyed in 2017 as 2018 was marked by bouts of volatility, forcing ETF investors to adapt to the changing conditions. For example, growth ...
Emerging markets equity have spent most of 2018 slumping and with just a few trading days left in the year, those pains are getting worse. Following commentary from the Federal Reserve that was more hawkish than expected, the MSCI Emerging Markets Index fell 1.66 percent, extending its fourth-quarter decline to 9.56 percent. As has been the case during previous down years for emerging markets stocks and exchange traded funds, the asset class doesn't lack for supporters.
With the MSCI Emerging Markets Index down more than 16% year-to-date, it would be easier for investors to dismiss developing economies and the related exchange traded funds, such as the iShares Core MSCI Emerging Markets ETF (IEMG) . Emerging markets stocks and the related exchange traded funds have been among the most obvious laggards this year, but recent data points indicate traders are buying some marquee ETFs tracking developing economies.
Jim Woods’ pick for the contest is the iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG). Over the past 12 months, the iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG), my preferred ETF for exposure to the emerging markets, is down over 16%. The chart below shows emerging markets’ struggles compared to the relatively modest struggle in broad-based domestic equities such as those in the S&P 500.
Monday's trading session began with more sell-offs in U.S. equities with the Dow Jones Industrial Average losing over 500 points as a key rate decision by the Federal Reserve looms, which could impact emerging markets exchange-traded funds (ETFs). The capital markets are widely expecting a fourth and final rate hike to cap off 2018 with algorithms like the CME Group's FedWatch tool expecting a 69.7 percent chance of a rate hike on Wednesday. With rate hikes taking a toll on emerging markets ETFs, it could be the trigger event these funds need to shake out of their 2018 doldrums if the rates remain unchanged or Fed Chair Jerome Powell hints that 2019 will see less rate hikes.
The widely followed MSCI Emerging Markets Index entered Wednesday with a year-to-date loss of 15.62%, underscoring investors' reluctance to embrace emerging markets assets this year. Data suggest that for a significant portion of the current quarter, investors have been embracing emerging markets ETFs. In 2018, some investors have remained devoted to exchange traded funds, such as the Vanguard FTSE Emerging Markets ETF (VWO) and the iShares Core MSCI Emerging Markets ETF (IEMG) .
Emerging market stocks and related exchange traded funds have been a punching bag for global investors this year, but the the battered market segment may provide an attractive entry point for investors with a more long-term horizon. Dhanraj also argued that the lack of investor positioning across emerging markets may be interpreted as a positive once risk appetite stabilizes and investors return. Investors who are interested in gaining exposure to the developing economies have turned to ETF options like the iShares Core MSCI Emerging Markets ETF (IEMG) .
Like other emerging markets exchange traded funds, the Vanguard FTSE Emerging Markets ETF (VWO) is struggling this year. VWO, the largest emerging markets ETF by assets, entered Monday with a year-to-date loss of about 16%, but that is not preventing some investors from remaining devoted to the fund. Emerging markets stocks and the related exchange traded funds have been among the most obvious laggards this year, but recent data points indicate traders are buying some marquee ETFs tracking developing economies.
U.S. equities began the week with more volatility reigning as the Dow Jones Industrial Average fell over 400 points to start Monday's trading session, but as investors become accustomed to this new normal, ETF Trends Publisher Tom Lydon is keen to notice one particular trend--the continuous flow of capital into emerging markets. The capital markets got a reprieve from the ongoing trade wars between the United States and China as U.S. President Donald Trump and Chinese president Xi Jinping agreed to cease fire on their tariff-for-tariff battle last week. As part of the agreement, both nations agreed to withhold imposing further tariffs on each other for 90 days while they work out a firm, ironclad deal to start 2019. Despite more global news, such as a delayed Brexit vote in Parliament, bringing down U.S. equities, emerging markets investors remain unfazed during Monday's session.