“As emerging markets continue to get beat up, and outflows increase, we’ve seen traders looking for inverse exposure in the short term,” said Syliva Jablonski, Managing Director, Capital Markets – Institutional ETF Strategist of Direxion Investments.
As expected, EDC and EDZ both reacted conversely to the tariffs going into effect today.
EDC is up 7.04 percent the past year and EDZ is up 13.16 percent year-to-date.
For more investment trends in China ETFs, click here.
