China so bullish lately but $ASHR is still below where I sold it. Pivoting direct China holdings into $EMXC and $EEM still looking like the right move, even though it felt like puking out at the bottom at the time.
BlackRock's EM ex-China ETF $EMXC is a quiet blockbuster hit- now $13b and has taken in nearly 4x any other EM ETF over past year. China is such a big weighting in most EM ETFs that removing it changes returns dramatically. First time an 'ex' ETF has gotten so big.