Five Day ETF Leaders and Laggards: EMFN, AXIT
ETF Channel Staff - Wednesday, September 1, 4:28 PMThe iShares MSCI Emerging Markets Financials Sector Index Fund ETF (EMFN) is outperforming other ETFs over the last five trading days, up about 9.1%. Components of that ETF showing particular strength include shares of Bancolombia (CIB), up about 11.2% and shares of Banco Santander Chile (SAN), up about 9% over the five days.
And underperforming other ETFs over this period is the iShares MSCI ACWI ex US Information Technology Sector Index Fund ETF (AXIT), down about 9.3%. Among components of that ETF with the weakest showing in the last five trading days were shares of Advanced Semiconductor (ASX), lower by about 5.8%, and shares of Siliconware Precision (SPIL), lower by about 1.9% over the period.
Other five-day ETF standouts include the Claymore/MAC Global Solar Energy Index ETF (TAN), outperforming with a 7.1% gain. And the iShares MSCI ACWI ex US Materials Sector Index Fund (AXMT) has been underperforming, falling about 5% over this period.
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