This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Austria, Belgium ETFs Bouncing Back

Genuine economic growth throughout the developing world has helped investors achieve phenomenal returns in Emerging Market Stock ETFs. What's more, if you live in the U.S. or Europe, the gains have appeared even more remarkable.

Consider the developed world's reserve currency. U.S. investors may be seeing lots more dollars in their portfolios, but those dollars are worth decidedly less than a basket of emerging market currencies from one year ago.

That trend over the immediate term is likely to continue. With the Federal Reserve injecting another shot of quantitative easing, even countries in the European Union may benefit from the battered greenback.

A mere three months ago, Belgium (EWK) and Austria (EWO) posted relative strength percentile rankings in the lower half of the ETF universe.

Moreover, Belgium has suffered with 12.7% unemployment and Austria struggled during rumors of neighboring Hungary's debt woes. (Has the European sovereign debt crisis all but been forgotten?)

One way or another, EWK and EWO are bouncing back. The former ranks third behind Germany (EWG) and Sweden (EWD) as the highest ranked European ETF on relative strength. Meanwhile, the latter has rocketed from the lowest quartile of exchange-traded investments to a percentile rank of 60.

And there's more. Both EWK and EWO are well above key moving averages. In addition, on a 1-month basis, EWK and EWO made the Top 10 Country ETFs List with approximate gains of 7.6% and 7.2% respectively.
Disclosure Statement: ETF Expert is a website that makes the world of ETFs easier to understand. Gary Gordon, Pacific Park Financial and/or its clients may hold positions in ETFs, mutual funds and investment assets mentioned. The commentary does not constitute individualized investment advice. The opinions offered are not personalized recommendations to buy, sell or hold securities. At times, issuers of exchange-traded products compensate Pacific Park Financial or its subsidiaries for advertising at the ETF Expert website. ETF Expert content is created independently of any advertising relationships. You may review additional ETF Expert at the site.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EWO $15.51 -1.50%
EWK $17.67 0.50%
EWG $26.87 1.20%
EWD $29.60 0.00%
TSLA $226.41 3.70%


Chart of I:DJI
DOW 17,833.44 +21.25 0.12%
S&P 500 2,091.39 +2.25 0.11%
NASDAQ 5,114.5130 +11.7050 0.23%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs