This ETF offers exposure to both developed and emerging Asian economies, with the notable exception of Japan. Given that objective, AXJL can be used in a number of different applications; this ETF may be useful for establishing a short-term tactical tilt towards Asian economies, but may also be used as part of a longer-term, buy-and-hold portfolio. This ETF is unique from other offerings in the Asia Pacific ETFdb Category thanks to the methodology used by the underlying index; AXJL seeks to replicate a fundamentally weighted index designed to measure the performance of dividend paying Asian companies. That feature may be appealing to those looking to beef up current returns from their equity portfolios. Investors should also note that many Asia Pacific ETFs focus exclusively on developed economies such as Australia and Hong Kong; this ETF also maintains exposure to emerging Asian markets such as China, Indonesia, and Malaysia. This ETF is reasonably well balanced in terms of individual holdings, country allocations, and sectors (though banks account for a big chunk of the portfolio). The expense ratio is higher than some of the most cost efficient options, but well within the peer group range (and reasonable especially considering the inclusion of emerging markets).
The adjacent table gives investors an individual Realtime Rating for AXJL 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 AXJL 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.
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.