News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

A bet on emerging market middle classes

In a tough market for developing country shares, a consumer stock ETF has beaten peers

The past 12 months weren't kind to most emerging markets investors. But an exchange-traded fund focused on the expanding ranks of middle class consumers in those nations held up better than others.

While the broad Vanguard FTSE Emerging Markets ETF returned a negative 13.0% in the 12 months ended January 31, EGShares Emerging Markets Consumer slid 9.4%.

WSJ Logo