Cure For The Common China ETF?

WisdomTree, the issuer behind a number of dividend-weighted ETFs, announced today the launch of the first ETF to specifically target dividend-paying Chinese stocks. The new WisdomTree China ex-Financials Index Fund (CHXF) will seek to replicate an index that measures the performance of dividend paying Chinese stocks outside the financial sector, offering a unique pathway into one of the fastest growing global economies. Moreover, the manner in which CHXF is constructed–specifically, the focus on dividends and the exclusion of financial stocks–will make it quite different from the other China ETFs on the market [see also How To Pick The Right ETF Every Time]. Under The Hood The underlying index consists of the ten largest stocks in each sector except financials, chosen from the universe of dividend paying Chinese stocks. The resulting portfolio has its largest allocation to the energy sector, thanks to substantial weights in companies such as CNOOC and PetroChina. [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Research Report Now Available: China ETFs In Focus Why You Should Sell FXI, Buy GXC When Bigger Isn’t Better: Profiling ETF Alternatives To DJP, FXI, GLD Introducing The New & Improved ETFdb.com ETF Screener Upgrade: Filter Commission Free ETFs