Like many of the China ETFs U.S. investors are already familiar with, ASHR features a large weight to the financial services sector (38.6%).
However, the new ETF is a valid play on the Chinese consumer, one of the country’s more alluring investment themes. Consumer discretionary and staples names combine for over 18% of the new ETF’s weight. Green Electric Appliances is the lone non-financial services company found among ASHR’s top-10 holdings.
ASHR Top-10
