Protests Not Keeping Investors Away from Hong Kong ETFs

Despite the intensifying protests, investors did not pull any capital from the iShares China Large-Cap ETF (NYSEArca: FXI) last week. The largest China ETF is comprised of stocks listed in Hong Kong as well as the U.S., including PetroChina (NYSE: PTR) and Cnooc (NYSE: CEO).

In an interesting bit of ETF flows news, the First Trust Hong Kong AlphaDEX Fund (NYSEArca: FHK), often overlooked in the Hong Kong ETF conversation, hauled in $16.9 million for the week ending Oct. 2. That means FHK more than doubled in size just last week as the fund was shown with almost $30.1 million in AUM as of Oct. 2.

In late July, FHK had under $4 million in AUM. FHK, like the other First Trust AlphaDEX funds, eschews cap-weighting in favor of focusing on growth and value factors.

iShares MSCI Hong Kong ETF