For example, FXI has 53% of its portfolio in financial stocks, a big concentration in one sector. Meanwhile, the outperforming PGJ has 52% in the technology sector and only about 1% in financial stocks, which have been hammered lately on concerns China was facing a credit crunch. [SHIBOR Woes Could Slam These ETFs]
Global X China Financials ETF (NYSEArca: CHIX) is off 13.3% in 2013, while Guggenheim China Technology ETF (NYSEArca: CQQQ) is up nearly 25%. [Tech ETFs: Best of The China Bunch]
PowerShares Golden Dragon China Portfolio
