With Chinese A-shares, the stocks that trade on the mainland, expensive relative to their Hong Kong-listed counterparts, ETFs such as iShares China Large-Cap ETF (NYSEArca: FXI), SPDR S&P China ETF (NYSEArca: GXC) and the iShares MSCI China ETF (NYSEArca: MCHI) are gaining investors’ attention…and assets. Since the start of March, those ETFs have added almost $850 million in new assets combined. [Investors Miss Out on China Rally]
“In the month ended Friday, April 17, emerging markets equity ETFs issued $2.3 billion (2.2% of assets), posting inflows on all but two trading days. During that span, they surged 8%,” according to TrimTabs.
Of the top 11 non-leveraged ETFs on a year-to-date basis, six are single-country emerging markets funds. Four are China ETFs and the other two track Russian stocks. Of this year’s top 10 ETFs tracking foreign markets, all 10 are emerging markets funds; eight for China and two Russia funds, according to Dorsey Wright data.
iShares China Large-Cap ETF
