FLAX - AIA ETF: Not The Best Product Around But Offers Some Merit
2024-04-26 09:35:35 ET
Summary
- AIA compares poorly to other competing products in this space.
- AIA's lack of exposure towards Indian equities could harm its prospects.
- AIA offers good earnings potential at cheap valuations, and the risk-reward on the charts looks encouraging.
The iShares Asia 50 ETF ( AIA ) is a sub $1.5bn sized ETF that offers exposure towards the 50 largest Asian stocks. Over the past year, it hasn’t fared particularly well, delivering underwhelming returns of a little over 6%; during this time, global stocks have managed to deliver over 3x the return profile of AIA....
AIA ETF: Not The Best Product Around, But Offers Some Merit