Related – ETF of the Week: Emerging Markets Internet & Ecommerce ETF (NYSEArca: EMQQ)
Despite the relative weakness year-to-date in emerging markets ETFs, other market experts may view them as underpriced based on a price-to-estimated earnings ratio that is at its lowest within the last two years. The ratio for the MSCI Emerging Markets Index is below its historical average of 11.4, reaching about 11.2–signs that possible buying opportunities exist.
“Investors would be prudent to remember, too, that as geopolitical tensions continue to roil markets, remember the emerging variety tends to respond poorly,” reports CNBC.
For more ETF trends in emerging markets, click here.