Category

Latin America ETFs

Bargain ETFs Are Sitting In Plain View

By | Asia ETFs, China ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Global ETFs, International ETFs, Large Cap ETFs, Latin America ETFs, Small Cap ETFs, US Markets and ETFs | No Comments

Last week, at the same time that the Dow had been hitting an all-time high, the Russell 2000 had been crossing below its long-term 200-day trendline. This particular divergence between U.S. large-cap stocks and U.S. small-cap stocks has only occurred on two other occasions over the past four-and-a-half decades — in early 2000 and in the summer of 2007. The recent weakness in smaller equity investments may or may not be an indication of an eventual breakdown in the broader…

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Smoking Hot Emerging Market ETFs: The Real Thing Or Just Another Head Fake?

By | Asia ETFs, China ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Latin America ETFs, Materials ETFs, US Markets and ETFs | No Comments

In a matter of weeks, funds like Vanguard Emerging Markets (VWO) surged forward by as much as 8.5%. Do investors suddenly believe that Russia, Brazil and China will collectively get their developing economies back on track? Not necessarily. Is the investing community waking up to the 40% price-to-earnings (P/E) discount for shifting capital into emergers instead of U.S. equities? Probably not. Rather, we may simply be looking at a wave of short-sellers covering their short trades. Look at it this…

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An Easy Way To Insure Against A Big Loss With Your ETFs

By | Asia ETFs, Bond ETFs, China ETFs, Commodity ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Frontier Market ETFs, International ETFs, Large Cap ETFs, Latin America ETFs, Real Estate ETFs, Small Cap ETFs, Special Sectors ETFs, US Markets and ETFs | No Comments

One of the more noticeable trends in the current U.S. stock bull has been the flip-flopping of the bears. Steven Russolillo at WSJ.com recently profiled a variety of prominent voices who received accolades in the past for extreme pessimism. Yet, even as price gains started to pile up in 2009, 2010, 2011, 2012, these folks insisted that the moves higher would not last. Eventually, each relented; each changed course by professing bullish optimism on U.S. equities. And names that had…

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Is Gold Just Another Metals ETF?

By | Commodity ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Global ETFs, International ETFs, Latin America ETFs, Materials ETFs, Natural Resources ETFs, Special Sectors ETFs | No Comments

There was a time when Gold ETFs seemed unstoppable. They worked when the global economy hummed. They provided relative safety when the world economy collapsed. They hedged against inflation. Heck, they even appeared to hedge against deflation. And there were very few folks who benefited from bad-mouthing the yellow metal as the commodity ran from $850 an ounce up through $1900 an ounce. It follows that, when the Fed double-downed on its commitment to electronic money creation for quantitative easing…

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The Rich ETFs Get Richer, The Poor ETFs Get Poorer

By | Asia ETFs, Current Affairs and ETFs, Dividend ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Health ETFs, Internet ETFs, Latin America ETFs, Materials ETFs, Natural Resources ETFs, Retail ETFs, Special Sectors ETFs, Technology ETFs, US Markets and ETFs | No Comments

The best performing exchange-traded stock funds over the last three months are essentially the same ones that outperformed over the last six months and over one year. The worst performers were consistently weak over all three time periods as well. Simply stated, the rich ETFs are getting richer, while the poor ETFs are becoming impoverished. Consider several examples. Before the Federal Reserve began to discuss tapering its bond buying program in May, one of the most successful sectors was regional…

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Does Diversifying ETFs Across the Asset Classes Cause Portfolio Abuse?

By | Bond ETFs, Commodity ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Frontier Market ETFs, International ETFs, Latin America ETFs, Middle East ETFs, Real Estate ETFs, Small Cap ETFs, Special Sectors ETFs, US Markets and ETFs | No Comments

Several days ago, one of my clients referred a friend to Pacific Park Financial, Inc. The elderly gentlemen came to my office with a familiar dilemma. Specifically, he struggled to see the value of holding different asset classes in his portfolio. His investments had appreciated nicely over the years. What’s more, he was proud of the fact that a 65% allocation to income assets had helped offset the severe setback that growth assets experienced in the 2008-2009 financial collapse. Nevertheless,…

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Emerging Market Stock ETFs: Too Much Risk For Too Little Reward?

By | Asia ETFs, China ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Latin America ETFs, Middle East ETFs, US Markets and ETFs | No Comments

Wayne Lin manages money at Baltimore-based Legg Mason Inc. In a phone interview with the folks at Bloomberg, he explained that many investors have been surprised by the significant under-performance of emerging market equities in the global “risk-on” rally. How anemic have the upside gains for emergers been?  Since the October lows of 2011, Vanguard Emerging Markets (VWO) is up roughly 22%. Meanwhile, the S&P 500 SPDR Trust (SPY) has tacked on 48%. The idea that emerging market stocks provide…

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Do These Country ETFs Provide Better Value Than U.S. Stock ETFs?

By | Asia ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Global ETFs, International ETFs, Latin America ETFs, Podcast, US Markets and ETFs | No Comments

Over several decades, I have produced content for radio, television, magazines and web sites. And one of my longest-standing themes has been the silliness surrounding what constitutes a “bargain” in a stock market. Advocates for employing price-to-earnings ratios (P/Es) debate whether to use trailing 12 months or forward 12 months or trailing 10 years; some even adjust the target based on comparable bond yields, historical averages and inflation, while others decide “appropriate” P/Es based on a particular sector. Still others…

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Domestic ETF Risk Taking Vibrant, International ETF Risk Taking Constrained

By | Asia ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Health ETFs, Industrial ETFs, International ETFs, Internet ETFs, Latin America ETFs, Middle East ETFs, Technology ETFs, Telecom ETFs, US Markets and ETFs | No Comments

The S&P 500 has not merely been resilient in its six consecutive weeks of gains. The celebrated U.S. stock benchmark has been unstoppable in its 8.3% unrealized run-up. Granted, nearly everyone expects a period of mild selling activity (a.k.a. “a breather”). Indeed, history certainly suggests that unbridled enthusiasm usually gets a reality check or three. The most popular bugbears? Think in terms of the automatic spending cuts to defense, a free-falling yen and Spain’s rocky road in 2013. In fact,…

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Brazil ETFs: Should Investors Buy The Gold Medals and Golden Crosses?

By | Commodity ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Large Cap ETFs, Latin America ETFs, Small Cap ETFs | No Comments

If you look hard enough, you can find a whole lot of things that are wrong with the “B” in BRIC. The country’s GDP growth is virtually non-existent. Government regulatory intervention in both the energy sector as well as the financials segment has been increasing. And Brazil’s currency lost approximately 7% against the dollar on a year-over-year basis, hurting unhedged investment in the nation. On the other hand, if India, China and Russia can find their way out of the…

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