VWO and EEM are the two largest emerging markets ETFs with over $85 billion in combined assets. On a related note, Alibaba is unlikely to join the iShares China Large-Cap ETF (NYSEArca: FXI) or the iShares MSCI China ETF (NYSEArca: MCHI). FXI, the largest China ETF, tracks a FTSE index. [Investors Ignore China ETF Rally]
For now, the most likely immediate ETF destinations for Alibaba appear to be the Renaissance IPO ETF (NYSEArca: IPO), which could add the stock after its fifth day of trading, and the KraneShares CSI China Internet Fund (NYSEArca: KWEB). KraneShares has previously said KWEB could add Alibaba after the stock’s eleventh trading day. [Alibaba News Helps China Internet ETF]
PowerShares QQQ
Tom Lydon’s clients own shares of EEM, QQQ and SPY.