Almost Apple: Other ETFs Impacted By Just One Stock

April 10, 2012

 

While ETFs with a major portion allocated in Apple have garnered a lot of attention recently, they’re not the only funds to have a dangerously high weighting in a single stock, according to an article on Benzinga.

A variety of ETFs covering sectors ranging from retail to emerging markets have stocks that account for a surprising amount of the fund’s weight. The article highlighted the following funds:

  • iShares MSCI Switzerland Index Fund (NYSEArca: EWL): Nestle accounts for almost 23 percent of the fund
  • iShares MSCI South Korea Index Fund (NYSEArca: EWY): Samsung holds 22.69 percent of EWY’s weight
  • Market Vectors Retail ETF (NYSEArca: RTH): WalMart is 12 percent of RTH
  • Global X FTSE Colombia 20 ETF (NYSEArca: GXG): Close to 16 percent of GXG is weighted in the Colombian oil company Ecopetrol

 

For more on the funds mentioned in the article, visit Benzinga.com.

Find your next ETF

Reset All