ETF Chart of the Day: Problems in Portugal

For example, we like to watch IXG (iShares Global Financials, Expense Ratio 0.47%) not only during reporting season but in times of “contagion” type financial distress that may be in the marketplace to see how the big banks are handling it. IXG’s top holdings include WFC, JPM, HSBC Holdings PLC, BAC, C, and Banco Santander SA, and BRK.B a non-bank is the second largest weighting in the fund.

Global X FTSE Portugal 20 ETF

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