Why ACWX Offers More Potential Than VXUS

Investors question the value of holding international stocks due to currency risk and underperformance against US stocks. This article compares two international equity ETFs, the iShares MSCI ACWI ex U.S. ETF versus the Vanguard Total International Stock Index Fund ETF. I give the Buy rating to ACWX for what I see as greater potential from its more concentrated portfolio.

Weekly Report: what happened at ACWX last week (0415-0419)?

Weekly Report: what happened at ACWX last week (0408-0412)?

Asset Class Scoreboard: March 2024

March brought widespread growth across asset classes. Commodities led returns at +4.45%, driven higher by resilient demand for energy and materials. Stocks, bonds, and real estate advanced as the economic outlook stayed positive. Managed futures strategies delivered solid outperformance of +3.20%.

Weekly Report: what happened at ACWX last week (0401-0405)?

Weekly Report: what happened at ACWX last week (0325-0329)?

Weekly Report: what happened at ACWX last week (0318-0322)?

CGO: Good Portfolio, But Poor Relative Performance Plagues This Global CEF

The Calamos Global Total Return Fund offers geographic diversification and a high distribution yield of 9.15%. The fund has underperformed major equity indices and has a negative return of 10.36% over the past three years. The fund invests in a combination of equities and bonds, but its performance has been disappointing compared to comparable index funds.

Weekly Report: what happened at ACWX last week (0311-0315)?

Asset Class Scoreboard: February 2024

equity markets extended January gains in February, with new all-time highs in the US, as the S&P 500 rose by +5.22%. Bonds renewed their march higher in rates, losing -1.36% as rates creeped higher. Hedge funds delivered a lower vol stock-like return of +1.56%.

Weekly Report: what happened at ACWX last week (0304-0308)?

Weekly Report: what happened at ACWX last week (0226-0301)?

Why investors should look beyond U.S. megacap stocks as interest-rate concerns ease

UBS strategists say investors should look beyond U.S. Large-cap stocks for potential growth drivers in 2024. International and small-cap equities could benefit from interest-rate cuts and a soft landing in 2024, they say. The S&P 500 and Dow Jones Industrial Average have hit record highs in the past two months.

Weekly Report: what happened at ACWX last week (0219-0223)?

ETO: Maintaining Rating, But This Global CEF Is Improving

The Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund provides high income and exposure to foreign companies. The fund's current yield of 6.74% is better than most equity indices. ETO's recent performance has slightly underperformed the S&P 500 Index but outperformed the MSCI World Index.

International Annual Returns And Top 10 Holdings

China’s weight in the emerging market universe is typically 30% of the EM benchmarks. China was growing 15% per year in the early 2000s. China's growth is hampered by Evergrande and notoriously bad economic policies. China remains uninvestable, says Brian Gilmartin, CFA.

Weekly Report: what happened at ACWX last week (0212-0216)?

Asset Class Scoreboard: January 2024

Commodity prices rose to start the new year, with the GSG index gaining a solid +4.39%. U.S. Equities exhibited relative resilience, climbing +1.59% after 2023. Most assets pulled back as investors adapted to a higher rate of uncertainty globally.

Notable ETF Outflow Detected - ACWX, SE, CHKP, CCEP

Weekly Report: what happened at ACWX last week (0205-0209)?