When it comes to regional ETFs, it is generally a good idea to steer clear from both Japan and the United Kingdom if looking long term. An ETF to take a look at here is the iShares MSCI All Country Asia Ex-Japan ETF (AAXJ), which tracks many of the emerging markets in Asia without any exposure to Japan. EPP is up 15.9% for the year and has crossed both of its 50- and 200-day moving averages.
In regard to country-specific ETFs, making a choice is up to the individual investor and the exposure he wants. As of now, China is a hot market because of talks that the nation may be able to pull itself out of a downturn by the middle of the year. An ETF to watch here is the iShares FTSE/Xinhua China 25 Index Fund (FXI), which is up 9.9% for the year, has crossed its 50- and 200-day moving averages.
At the risk of sounding like a broken record, when choosing ETFs, always look under the hood, utilize a strategy, stay diversified and keep up with current global economic news. Although these funds have crossed their trend lines, you always want to consider if they’re right for you and your goals, since everyone is different. If you want to track the performance of your ETFs, take a look at our ETF analyzer.
Kevin Grewal contributed to this article.