Just got back from vacation in the Philippines on Tuesday and reminded me to check in where most country based ETFs are. Philippines (EPHE) had a crazy beginning of the year, up 20%+ by May but only to drop during the QE Taper scare in May/June. It hasn't quite yet fully recovered with a YTD return of only 3%.
It does look interesting from a technical perspective. Below is from BespokeInvest.com and highlights where most ETF's are.
Interestingly, everything to do with the US is up to the tune of 19-25% with gains across almost all sectors with healthcare and consumer discretionary leading. However, internationals are still trailing as well as commodities though they've bounced back a bit since June.
No comments:
Post a Comment