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The 5 Worst ETFs in the World

Investments have gotten downright ugly across the globe

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China ETF

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YTD Return: -15%

No surprise here. The iShares China Large-Cap ETF (FXI) is down more than 15% year-to-date thanks to continued weakness in China data, particularly in the manufacturing sector.

Top holdings include China Mobile (CHL), China Life Insurance (LFC) and oil giant CNOOC (CEO) — all of which are significantly in the red this year despite a big rally in the U.S. stock market.

China’s GDP continues to fade, with previous forecasts moving down to the 7% range — and the growth rate could be the slowest there since 1999 if those targets hold or move lower.

And at the end of June, Credit Suisse hinted that China’s GDP growth could start with the number 6 when all is said and done … so if you think the recent declines should be a buying opportunity in this China ETF, think again.

Article printed from InvestorPlace Media,

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