YWR: Who am I ETF?
Would you be interested in an attractive investment for 2025?
Alert!! This is not investment advice!!
Then let me introduce myself.
I’m the iShares country ETF for a special country.
Unlike most ETF’s which are up 20% this year, I’m the opposite.
I’m down 20%. Bad for me. Good for you.
My performance is an anomaly though.
You’d think with my 37% tech concentration I would have benefitted from this year’s +32% move in the NASDAQ. But it hasn’t been the case.
Strange right?
I’m an anomaly in other ways too.
I’m known as one of the most high-tech countries in the world and a leading electronics and industrial exporter but what you might not realise is I’m becoming a leader in cultural exports as well. Teens all over the world increasingly love my TV dramas and music. You won’t understand my language, but Netscape bet $2.5 billion you’ll will watch my shows anyways.
The anomaly is that despite being a futuristic leader in technology and content, I’m classified as an ‘emerging market’. Weird.
MSCI says this classification is for technical market structure reasons related to FX controls and the short selling ban on my exchange. I’m working to resolve these issues though.
Yes, my profit history has been a bit erratic, especially in 2023, but according to analysts estimates my earnings grow +33% from 2024 to 2026 and reach new highs.
So why are people so negative on me? Two things.
Short-term political chaos which has caused a lot of headlines.
Strategic problems at my largest company which is either a turnaround opportunity, or a benefit to its biggest competitor, which is also in my ETF. So to some extent you win both ways.
The sell-off in my shares has created an attractive entry point. The collection of companies in my ETF are trading on a P/E of 9x 2025 consensus earnings.
The trailing dividend yield is 2.5%, but I expect this to grow in the future since my main companies are generating increasing amounts of cash and buying back shares.
Oh. One last thing.
I was just added to the YWR Dirty Dividends Portfolio.
Who am I?