What's ailing India ETFs? Star performers at the global level until recently, they've taken a tumble. Two of the largest exchange traded funds tracking the subcontinent's equities are each 10% off their old highs, set in early March. IShares MSCI India (INDA), with $3.6 billion in assets, has given up 6.2% so far in April and is up 0.1% year to date. The $2.28 billion WisdomTree India Earnings (EPI) has lost 5% and 1.7% in those periods. Both
Tuesday 28 April 2015
Is India Too Expensive? Its ETFs Are In Trouble
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
What's ailing India ETFs? Star performers at the global level until recently, they've taken a tumble. Two of the largest exchange traded funds tracking the subcontinent's equities are each 10% off their old highs, set in early March. IShares MSCI India (INDA), with $3.6 billion in assets, has given up 6.2% so far in April and is up 0.1% year to date. The $2.28 billion WisdomTree India Earnings (EPI) has lost 5% and 1.7% in those periods. Both
What's ailing India ETFs? Star performers at the global level until recently, they've taken a tumble. Two of the largest exchange traded funds tracking the subcontinent's equities are each 10% off their old highs, set in early March. IShares MSCI India (INDA), with $3.6 billion in assets, has given up 6.2% so far in April and is up 0.1% year to date. The $2.28 billion WisdomTree India Earnings (EPI) has lost 5% and 1.7% in those periods. Both
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