China ETFs
Comment: Another group that is packed with so many constituents that in the essence of fairness, one should not be isolated over another. If not for the aforementioned Russia ETFs, some of the most popular China ETFs would be among this year’s worst performing single-country BRIC ETFs. To that end, large-cap China ETFs have bled cash as investors have sought out other global opportunities. [China ETFs Continue Bleeding Cash]
The last of the China ETF offenders includes the iShares China Large-Cap ETF (NYSEArca: FXI), iShares MSCI China ETF (NYSEArca: MCHI), SPDR S&P China ETF (NYSEArca: GXC) and funds with exposure to Chinese A-shares. It is just one week, but those looking for opportunity with China ETFs will like to know that FXI, GXC and MCHI each closed higher last week.