Sunday, May 31, 2009

YTD performance of China Related ETFs (2009/05/30)

YTD performance of China Related ETFs (2009/05/30):

Two new China related ETF funds: Claymore/AlphaShares China Real Estate (TAO) and Claymore/AlphaShares China Small Cap Index ETF(HAO) performed very well so far this year with YTD return of ~ 58%. iShares FTSE/Xinhua China 25 Index Fund (FXI) returned only 28%, lagging all of the China ETF funds. The bear market fund ProShares Ultrashort FTSE/Xinhua China (FXP) last -61%, confirming the uptrend of the market.

The return of the Shanghai Composite in June for the last 18 years

How will the China related ETF funds perform in June? Here is the list of the returns of the Shanghai Composite index in June in the last 18 years. It remains to be seen if there is any correlation between the returns of the ETF funds and the the Shanghai Composite index.