The South Korea ETFs might have taken a nose dive after one of their naval vessels sank in an area off their coast in what is disputed territorial water near North Korea. Those two nations are still technically at war and an uneasy truce has so far held up. These funds have since recovered and are still holding strong, but every time the tension builds in that region of the world, investors will be jumpy.
One of the better ETF investing funds is the iShares MSCI SK index (EWY). This fund had a market return of 71.72% last year. This fund is totally invested in companies in South Korea. The sectors of that economy that the assets are holding are 23.4% in industrial materials, 22.7% in hardware, 17.8% in consumer goods, 16.9% in financial services, and 5.3% in telecommunications. There are a total of 94 stocks in the holdings with a turnover rate of 62%. The volatility measures for the past three years are a beta at 1.40, the R squared at 70, and a standard deviation of 40.00. Morningstar has this fund as an above average risk with below average returns. But with 6 out seven year with positive returns, I question this rating.
The other ETF is on the London stock exchange and is called the iShare MSCI Korea (IKOR). This fund had a return last year of 67.22%. There are a total of 97 companies this fund has invested in. The sectors where the holdings come from are the info tech with 29.19%, industry with 15.15%, financial services with 15.14, and industrial materials with 14.40 as the leaders.
At the present time, these are the only two South Korea ETFs available for investors. No one is sure what the north is going to do but the south is not waiting to find out and are seeking their market share around the world.
For additional resources about ETF on this website, please view Best S&P 500 ETF Funds , Health Care ETF Investing and Best Technology ETFs
If you would like to compare these funds to one of Vanguards than please try Vanguard FTSE All-World ex-US ETF on our sister site www.bestmutualfundsnow.com and Best Asia ETFs on stockmarketinvestingblog.com.
We strive to bring you the latest and most accurate data possible from the home sites of the investment institutions we name. Always remember the bigger the risk, the larger the reward or loss. Invest with caution.
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