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Weekly ETF Leaders and Laggards: EMFN, AXIT

By Market News Video Staff, Friday, September 3, 4:19 PM ET

The iShares MSCI Emerging Markets Financials Sector Index Fund ETF (NASDAQ:EMFN) outperformed other ETFs this week, up about 9.2%. Components of that ETF showing particular strength this week include shares of Bancolombia (NYSE:CIB), up about 5.8% and shares of Credicorp Limited (NYSE:BAP), up about 4.7% on the week. And underperforming other ETFs this week is the iShares MSCI ACWI ex-US Information Technology Sector Index Fund ETF (AMEX:AXIT), down about 9.3% this week on low volume. Among the US-traded components of that ETF with the weakest showing for the week were shares of Taiwan Semiconductor (NYSE:TSM), up by about 0.9%, and shares of United Microelectronics (NYSE:UMC), up by about 1.1% on the week.

Other ETF standouts this week include the Dynamic Leisure and Entertainment Portfolio (AMEX:PEJ), outperforming this week with a 7.9% gain. And the iShares MSCI USA Index Fund (AMEX:EUSA) was an underperformer, falling about 1% this week.

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This Article's Word Cloud:   ACWI   AMEX   AXIT   Bancolombia   Components   Credicorp   ETFs   EUSA   Emerging   Entertainment   Fund   Index   Information   Leisure   Limited   MSCI   Markets   Microelectronics   NASDAQ   NYSE   Portfolio   Sector   Semiconductor   Taiwan   Technology   United   about   components   down   falling   gain   iShares   include   other   outperforming   particular   shares   showing   standouts   strength   that   this   traded   underperformer   underperforming   volume   weakest   week   were   with
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