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3 ETFs That Will Benefit From Capital Shifting Abroad

Look to these foreign ETFs as valuation differences create opportunities

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3. SPDR S&P China (GXC)

This particular basket of Chinese equities could qualify as a must-own from both a technical and fundamental basis. The Chinese economy grows at a clip that is the envy of the industrialized world and it does so without an unconventional quantitative easing (QE) package. Corporations in GXC are trading at a collective P/E below 10.  In fact, the current price of GXC is below the highs reached in April of 2011, nearly three years ago. Have these companies grown their earnings since 4/2011? You bet! What’s more, GXC is above its long-term 200-day moving average. You may need to be patient with China, but its a country worthy of an allocation.

GXC 3 Years

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Disclosure StatementETF Expert is a web log (”blog”) that makes the world of ETFs easier to understand. Gary Gordon, MS, CFP is the president of Pacific Park Financial, Inc., a Registered Investment Adviser with the SEC. Gary Gordon, Pacific Park Financial, Inc., and/or its clients may hold positions in the ETFsmutual funds, and/or any investment asset mentioned above. The commentary does not constitute individualized investment advice. The opinions offered herein are not personalized recommendations to buy, sell or hold securities. At times, issuers of exchange-traded products compensate Pacific Park Financial, Inc. or its subsidiaries for advertising at the ETF Expert web site. ETF Expert content is created independently of any advertising relationship.

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