GXG has paid two dividends since it listed payout $0.53 in December 2009 followed by $0.13 a year later. This reinforces a point I make often about ETF dividends being very lumpy. iShares MSCI All Peru Capped Index Fund ( EPU) is a similarly concentrated portfolio as miner Cia de Minas Buenaventura ( BVN) comprises 20% of the fund followed by Creditcorp at 14% and Southern Copper ( SCCO) at just under 12%. Materials account for 60% of the fund and financials weigh in at 19%. The last choice here is the Global X FTSE Andean 40 ETF ( AND) which of course offers exposure to the region without having to choose an individual country. This fund allocates 51% to Chile, 33% to Colombia and 16% to Peru. Materials and financials are the largest sectors with each being close to 25%. The largest individual holdings are all the names mentioned throughout this article. A bigger picture reason to consider these countries in conjunction with the natural resources leading to a viable middle-class theme is that during the last decade as the S&P 500 declined 24% on a price basis the equity markets in these countries carried on without us; Chile up 194%, Peru up 680% and Colombia had almost a six-fold increase. Those returns all came via very bumpy rides and, even if not repeatable, show that these markets can thrive as the U.S. flounders. Readers Also Like: >> Goldman's Best Energy Stocks for Next 6 Months >> 'Go Where the Crisis Is -- Europe' to Buy Stocks
In trading on Wednesday, shares of the iShares MSCI Chile Capped ETF entered into oversold territory, changing hands as low as $37.75 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
In trading on Wednesday, shares of the iShares MSCI Chile Capped ETF entered into oversold territory, changing hands as low as $40.05 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Chile Capped ETF where we have detected an approximate $37.1 million dollar outflow -- that's a 10.3% decrease week over week (from 8,750,000 to 7,850,000). START SLIDESHOW:Click here to find out which 9 other ETFs experienced notable outflows » The chart below shows the one year price performance of ECH, versus its 200 day moving average: Looking at the chart above, ECH's low point in its 52 week range is $39.62 per share, with $47.85 as the 52 week high point — that compares with a last trade of $41.18.