This article was originally published on ETFTrends.com.
In broad terms, developing world stocks are delivering the goods for investors this year, with the widely followed MSCI Emerging Markets Index up 26%. Count India stocks among the emerging markets laggards, because the MSCI India Index is off 8.52%.
To be sure, that's a discouraging showing by stocks in one of Asia's largest economies, but the slump may also be a harbinger of opportunity with ETFs such as the WisdomTree India Earnings Fund (EPI) and the WisdomTree India Hedged Equity Fund (INDH). To their credit, EPI and INDH are outperforming the MSCI India Index year-to-date.
Tactical investors may want to evaluate the WisdomTree ETFs over the near-term. Despite the struggles of India stocks this year, experts view the country's macroeconomic data as largely encouraging, signaling a growth trajectory that could support upside for risk ****** ets in the country.
Catalysts that could facilitate rebounds by EPI and INDH include strength in India's banking system. Chetan Ahya, Morgan Stanley's Chief Asia Economist, recently mentioned solid credit growth in the banking system there.
In broad terms, developing world stocks are delivering the goods for investors this year, with the widely followed MSCI Emerging Markets Index up 26%. Count India stocks among the emerging markets laggards, because the MSCI India Index is off 8.52%.
To be sure, that's a discouraging showing by stocks in one of Asia's largest economies, but the slump may also be a harbinger of opportunity with ETFs such as the WisdomTree India Earnings Fund (EPI) and the WisdomTree India Hedged Equity Fund (INDH). To their credit, EPI and INDH are outperforming the MSCI India Index year-to-date.
Tactical investors may want to evaluate the WisdomTree ETFs over the near-term. Despite the struggles of India stocks this year, experts view the country's macroeconomic data as largely encouraging, signaling a growth trajectory that could support upside for risk ****** ets in the country.
Catalysts that could facilitate rebounds by EPI and INDH include strength in India's banking system. Chetan Ahya, Morgan Stanley's Chief Asia Economist, recently mentioned solid credit growth in the banking system there.
4 months ago
