Yesterday, we saw Anthony Doyle, Multi-Asset specialist from Fidelity chat with Oran D'arcy, Business Development Manager from the ASX discuss emerging markets ETFs. If you missed the chat you can check it out below:
In their talk they go through what's in the investable universe and it's size ($8 trillion spread across 1,300+ companies), the impacts that Covid had on tourism and commodities and more.
In ETFtracker, we can use the app to take a look at Emerging Markets in a bit more detail. Here's some stats:
FUM of $1.8 billion as of March 2021 (all in AUD)
This is across 6 ETFs with the largest being IEM (iShares MSCI Emerging Markets ETF) with $938m million. This was followed by
VGE (Vanguard FTSE Emerging Market Shares ETF) - $534.4m
FEMX (Fidelity Global Emerging Markets Fund) - $222.5m
EMKT (VanEck Vectors MSCI Multifactor Emerging Markets Equity ETF) - $47.2m
EMMG (BetaShares Legg Mason Emerging Markets Fund) - $23.0m
WEMG (SPDR S&P Emerging Markets Fund) - $17.6m
IEM has higher level of total returns versus VGE since Jan 2020
This is using total price returns as published by the ASX/Chi-X for market returns and this assumes dividends are reinvested.
Best share price returns since beginning of 2020 was EMKT followed by FEMX
This is at the time of writing (936pm - 19th April 2020). Putting all 6 ETF options baselined to 100 from 1 January 2020, they all had similar trajectories but more recently, EMKT has eked away better performance ending up at 8.3% higher than the baseline.
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