Investors continue to seek protection in Emerging Markets via puts in EEM (iShares MSCI EM, Expense Ratio 0.67%), and this was a recurring theme throughout last week.
It is likely no coincidence that both EEM and related ETF VWO (Vanguard Emerging Markets, Expense Ratio 0.18%) rank among the leaders in net outflows activity in recent sessions as well, losing +$1 billion collectively via redemptions.
With activity surging in prominent Emerging Markets equity based ETFs in recent sessions, notably EEM and VWO, several other key ETFs in the broader “Emerging Markets Equity” landscape deserve some attention here.
DEM (WisdomTree Emerging Markets Equity Income, Expense Ratio 0.63%) has reeled in almost $600 million year to date, bringing its asset base to $4.7 billion. [Put Buyers Tap Emerging Market ETFs]
Compare this to the $8.1 billion in net outflows year to date in EEM and $4.1 billion leaving related fund VWO year to date and it is hard to not be impressed.