The Global X MSCI Pakistan ETF is part of the firm’s legacy line-up of country funds. While there are other country-specific ETFs out there, PAK is the only one to exclusively target Pakistani equities. The fund tracks an MSCI index of the largest and most-liquid Pakistani companies. The portfolio includes about 30 stocks of companies that are either based in Pakistan, listed on local markets or whose revenues are primarily from the country. PAK charges a relatively steep management fee for a passive fund, but investors for fast and easy exposure to Pakistan equities via a U.S.-listed fund shouldn’t be deterred by a few extra basis points in fees.
As with many country-specific funds, especially in emerging and frontier markets, liquidity can be a challenge, and large block orders could trigger price distortions in the underlying market. Investors should expect wider spreads and poor tracking.
Investors looking for broad exposure to emerging markets can find cheaper one-stop-funds like the Vanguard FTSE Emerging Markets ETF (VWO), and those seeking frontier markets might consider the iShares MSCI Frontier 100 ETF (FM), which isn’t as cheap as VWO but comes with a lower management fee than PAK.
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This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
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View charts featuring ETF fund flow data.5 Day Net Flows: -3.82 K 1 Month Net Flows: 3.09 K 3 Month Net Flows: -3.96 M 6 Month Net Flows: -8.61 M 1 Year Net Flows: -12.77 M 3 Year Net Flows: -3.21 M 5 Year Net Flows: 53.31 M 10 Year Net Flows: 62.26 M
The adjacent table gives investors an individual Realtime Rating for PAK 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.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
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