No One Chasing India ETFs Rally

India ETFs have been surging, rallying as much as 8% in five days on the heels of an unprecedented corporate tax rate cut many say could boost earnings sooner rather than later. However, investor enthusiasm remains muted at best. The biggest India ETFs, the $5 billion iShares MSCI India ETF (INDA), and the $1.2 billion WisdomTree India Earnings Fund (EPI), each gained roughly 7% last week. The iShares India 50 ETF (INDY), which has $744 million in total assets, jumped 8.3%.     No Asset Inflows While the one-week performance charts are impressive, assets…

Impeachment Jitters Seen In ETF Flows

Everyone wants to know what the impeachment inquiry against President Trump will mean to markets and investor portfolios. You could say it will lead to more uncertainty ahead—more volatility—but beyond that, it’s anyone’s guess. Financial market coverage Wednesday, the day after the U.S. House of Representatives kicked off the inquiry, grasped for clues from the two previous impeachment attempts in U.S. history. In times like this, historical precedence can offer some guidance to those trying to guess the market’s next turn, as it’s said that history has a tendency to…

Value ETF Demand & Returns Grow

There are a lot of people looking for signs that value stocks are back in the game, ready to outperform their growth counterparts after a decade or so of trailing them. Last week, when markets seemed to punish some of the year’s leaders, such as growth and momentum strategies, as well as gold and even some Treasury funds, all eyes turned to the underdog, value. Is now the time? ETF asset flows, while modest, would help corroborate the idea that investors are back to embracing value. Flows are a good…

Shining Spots In Emerging Market ETFs

It all started so well. Coming into 2019, emerging markets as a region was cheaply valued at multiyear lows, offering a perfect jumping point for a strong and steady recovery rally hinged on the region’s promising growth story. And rally it did until about mid-April. Some of the largest emerging market ETFs—the iShares Core MSCI Emerging Markets ETF (IEMG), the Vanguard FTSE Emerging Markets ETF (VWO) and the iShares MSCI Emerging Markets ETF (EEM)—were up 13-14% in the first 3½ months of the year. Their performance was a solid showing,…

Big Differences In Retail ETFs

As we wrap up a two-day shopping spree called Amazon Prime Day(s), all eyes are on Amazon stock prices, now up 33% in 2019, nearing one-year highs. The big sales event at Amazon came in the same week another strong round of retail sales numbers hit the market, showing that consumers are spending their discretionary money. And consumer spending is a key driver of economic growth. Accessing Amazon—and more broadly, the retail segment—is easy through ETFs. But choices in this segment are delivering very different results. There are 223 ETFs…