The First Trust BICK Index Fund (Nasdaq GIDS: BICK) gained 10.7% over the last month. The ETF holds stocks from Brazil, India, Mainland China and South Korea. Each country represents about 25% of the underlying index, and all components are equally weighted. BICK has a 0.64% expense ratio.
The fund has 88 components and the top holdings include Dr Reddy’s Laboratories 2.0%, Wipro 2.0% and WNS Holdings 2.0%. Top sectors include financials 27.5%, information technology 19.1% and consumer discretionary 11.0%.
The Guggenheim BRIC ETF (NYSEArca: EEB) increased 10.4% over September. The fund tracks companies from BRIC – Brazil, Russia, India and China – markets. EEB has a 0.64% expense ratio.
The ETF follows 80 securities, and the top holdings include China Mobile 9.2%, Baidu 5.8% and Itau Unibanco 5.5%. Top sectors include energy 23.3%, financials 17.9% and telecom services 16.0%.
Regional breakdown includes Brazil 46.1%, China 23.8%, Hong Kong 16.8%, India 10.9% and Russia 2.3%.
The EGShares EM Dividend High Income ETF (NYSEArca: EMHD) was up 10.2% in September. The fund follows an equally weighted index of the 50 highest yielding, liquid emerging market equity securities on the FTSE Emerging All Cap ex Taiwan Universe. The ETF also limits the number fo stocks in each industry and country to 10. EMHD has a 0.85% expense ratio.
The ETF has 50 components and the top holdings include Hexaware Technologies 2.8%, National Bank of Pakistan 2.6% and Ford Otomotiv Sanayi 2.4%. Sector allocations include financials 20.8%, utilities 20.3% and basic materials 16.4%.
Top country allocations include 20.7%, South Africa 18.1%, China 14.7%, Turkey 13.9% and Pakistan 8.5%.
Two of the more notable emerging market ETF performers in September include the EGShares Consumer Services GEMS ETF (NYSEArca: VGEM), which rose 13.8%, and EGShares Consumer Goods GEMS ETF (NYSEArca: GGEM), which gained 12.3%. However, both funds are slated to be delisted prior to the open on Monday, October 7, according to a press release.
For more information on developing economies, visit our emerging markets category.
Max Chen contributed to this article.