This ETF is one of several offering exposure to the Australian market, making it a potentially useful tool for investors seeking to beef up allocations to one of the strongest and most stable developed markets in the world. Australia is one of the world's most resource-rich economies, which makes it appealing to investors who believe that markets backed by commodities are appealing over the long term. Given the country-specific nature of this ETF, AUSE can be appealing in a couple of different roles. Investors might like this fund as a tactical tool for shifting towards resource-rich economies in certain environments, or AUSE can be used as a component of a longer-term, lower maintenance portfolio. One of the distinguishing characteristics of AUSE is the methodology used by the underlying index. Whereas most equity ETFs are linked to cap-weighted benchmarks, AUSE is dividend weighted. That approach may be appealing to investors looking to avoid market cap weighting, as that methodology has some potentially serious drawbacks. Dividend weighting will obviously enhance the appeal to investors looking to boost current returns; it should be noted that the strategy may result in a tilt towards certain sectors that make the highest distributions. The AUSE portfolio is reasonably well diversified and balanced from a sector perspective--something that isn't necessarily true of all ETFs offering exposure to this economy. In many ways, AUSE offers a better way to access Australia than the ultra-popular EWA, which is quite top heavy in nature. Investors also have KROO as an option; that fund focuses on small cap stocks and tents to be tilted more heavily towards natural resource firms.
The adjacent table gives investors an individual Realtime Rating for AUSE on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Asia Pacific Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is currently available for commission free trading on the following platforms: (E*TRADE)
There are 9 other ETFs in the Asia Pacific Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of AUSE relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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