ETFs To Tap Alibaba's Stunning Hong Kong Debut

Invesco BLDRS Asia 50 ADR Index Fund (ADRA - Free Report)

This ETF follows the capitalization-weighted S&P/BNY Mellon Asia 50 ADR Index and tracks the performance of approximately 50 Asian market-based DRs. Alibaba occupies the top position with 16.4% allocation. Japanese firms make up for the largest share at 33.3% while Chinese firms account for 32.7% of the assets. ADRA is often overlooked by investors as evident from its AUM of $18 million and average daily volume of about 1,000 shares. It charges 30 bps in annual fees and has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook.

iShares MSCI China ETF (MCHI - Free Report)

This ETF offers exposure to large and mid-sized companies in China and follows the MSCI China Index. Holding 461 securities in its basket, Alibaba takes the top spot with 14.7% share. The fund has amassed $4 billion in its asset base while charging 59 bps in annual fees. Volume is also solid as it exchanges nearly 3.4 million shares on average daily basis. The ETF has a Zacks ETF Rank #3 with a Medium risk outlook.

Franklin FTSE China ETF (FLCH - Free Report)

This product follows the FTSE China Capped Index, charging investors 19 bps in annual points. It holds 764 stocks in its basket with Alibaba taking the top spot at 14.6%. The ETF has amassed $37.1 million in its asset base and sees average daily volume of 7,000 shares. It has a Zacks ETF Rank #3.

ProShares Online Retail ETF (ONLN - Free Report)

This ETF lets investors’ tap into the potential growth of online retail by pinpointing retailers that principally sell online or through other non-store channels, and then zeroing in on the companies reshaping the retail space. It follows the ProShares Online Retail Index, holding 24 stocks in its basket. While American firms dominate the portfolio with three-fourth share, Chinese firms account for 20.6% with Alibaba taking the second spot and accounting for about 12% share. The product has amassed $21.6 million in its asset base while trading in a paltry volume of around 10,000 shares a day on average. It charges 58 bps in annual fees from investors.

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