Tencent’s Decline Proving Costly for These ETFs

One ETF with “stealth” Tencent exposure is fighting off the stock’s recent woes. Shares of the iShares MSCI South Africa ETF (NYSEArca: EZA) are higher by 4.2% in the past week despite Naspers, 15% of EZA’s weight, owning 34% of Tencent.

Global X Social Media Index ETF

Tom Lydon’s clients own shares of Facebook.