|Bid||45.70 x 27000|
|Ask||45.94 x 46000|
|Day's Range||45.66 - 45.91|
|52 Week Range||38.98 - 45.92|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||2.95%|
|Beta (5Y Monthly)||1.08|
|Expense Ratio (net)||0.12%|
With the U.S. and China having a “phase one” trade deal in place, emerging markets (EM) equities have been feeding off the anticipation since last year’s late rally. The deal is essentially the train engine pulling developed market freight cars along while the EM space, the caboose, happily trails behind—last in line, but still moving forward. In the early goings of 2020, the EM space has been a stellar performer as evidenced by the Vanguard FTSE Emerging Markets ETF (VWO) , which is up 19% within the past year and 2% year-to-date based on Yahoo Finance performance figures.
The U.S. and China are set to sign their “phase one” trade deal this week and emerging markets (EM) equities have been feeding off the anticipation since late last year. In the early goings of 2020, the EM space has been a stellar performer as evidenced by the Vanguard FTSE Emerging Markets ETF (VWO) . “Another week, another gain for shares in emerging markets, which posted the strongest increase for the major asset classes over the trading week through January 10, based on a set of exchange-traded funds,” wrote James Picerno in a Seeking Alpha report.
Right before Christmas, Vanguard spread some holiday cheer, announcing fee reductions on nine equity and fixed income exchange traded funds, most of which are international products. “In annual reports ...
Emerging market and related ETFs have been falling behind, especially when compared to the rally in U.S. equities, but these developing markets could take charge in the year ahead. Emerging market are “really taking leadership in the world,” especially in technology, Peter Gillespie, managing director at Lazard Asset Management, told ThinkAdvisor. "But going forward, most likely those players will be coming out of the emerging markets,” he added.
MSCI Inc. (NYSE: MSCI), one of the largest providers of indexes for use by issuers of ETFs, moved to include Saudi Aramco in its international benchmarks, a move that stoked some profit-taking in the newly ...
Saudi Arabian oil giant Saudi Aramco made its debut as a public company Wednesday on that country's Tadawul exchange in what was the world's largest initial public offering, one that also created the world's largest company by market value. FTSE Russell is doing just that. Membership in the FTSE All-World Index could get Aramco into the $12.1 billion Vanguard Total World Stock ETF (NYSE: VT), which tracks a similar FTSE index.
Investors who are hoping that the U.S. and China will resolve their trade differences could consider opportunities in emerging market stocks and related ETFs. Emerging market ETFs like the iShares Core MSCI Emerging Markets ETF (IEMG) and Vanguard FTSE Emerging Markets ETF (VWO) have been among the hardest hit in the wake of the U.S.-China trade war, and as things are appearing to turn around, some investors may be willing to step back in to this global market segment. For example, fund manager J.P. Morgan Asset Management recently raised its outlook on global stocks, citing hopes for a breakthrough in the U.S.-China trade discussions, diminished risk of a U.S. recession and a moderately positive earnings outlook, Reuters reports.
The U.S. and China are progressing toward a truce in a prolonged trade war, potentially bringing some stability back to global markets. However, emerging market ETF investors should not count on a trade ...