State Street brings its beyond BRIC ETF to market it would compete directly with the EGShares Beyond BRICs ETF (NYSEArca: BBRC). BBRC a year ago and, as its name implies, offers no exposure to the BRIC nations. [EGShares Launches Two New Emerging Markets ETFs]
South Africa, Mexico, Malaysia, Thailand and Indonesia are BBRC’s top-five country exposures. That group represents about 81% of the fund’s weight. Year-to-date, BBRC has fallen 14.9%.
EGShares Beyond BRICs ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EEM.