Want to know what the 3 top performing ASX ETFs in November have been?

ETF written in white with an increasing stock market chart underneath.

ETF written in white with an increasing stock market chart underneath.

If you’d like a rundown of the ASX’s best-performing exchange-traded funds (ETFs) over November, you’ve come to the right place. While November isn’t over yet, we are sitting on its last day today, and are halfway through its last ASX trading session.

Thus, it’s a good time to start having a look back at the month that is just about to pass us by and see what kinds of investments were making hay.

So without further ado, here are the ASX’s three top-performing ETFs of November as they currently stand. See if you can spot a theme.

Here are the top 3 ASX ETFs of November

iShares Asia 50 ETF (ASX: IAA)

Our first ETF today is one from provider iShares. It covers the largest 50 companies listed across multiple Asian countries, including China, Kong Kong, Macau, Singapore, South Kora and Taiwan. Its largest holdings include Taiwan Semiconductor Manufacturing Company, Samsung Electronics, Hyundai and Baidu.

The iShares Asia 50 ETF has had a stellar month over November. It started the month at a unit price of $72.04. But at the time of writing, it is commanding a price of $83.60. That’s a gain worth just over 16%.

BetaShares Asian Technology Tigers ETF (ASX: ASIA)

The BetaShares Asian Tigers ETF is next up. Here we have an ETF that is similar in nature and coverage to the iShares Asia 50 fund, but with a portfolio more concentrated towards tech shares.

We also have holdings like Samsung and Taiwan Semiconductor Manufacturing Co in the top portfolio spots. But more dominant are Chinese tech names like Alibaba, Tencent Holdings and Pinduoduo.

The Asian Tigers ETF began November at a price of $5.68 per unit. But today, those same units are asking $6.72 each. That’s a gain worth 18.3% for the month as it currently stands.

iShares China Large-Cap ETF (ASX: IZZ)

This ETF from iShares is our final and best-performing ASX ETF from November. It covers some of the largest companies listed on the Hong Kong stock exchange. Again, you might recognise some of its largest holdings, including Alibaba, Tencent Holdings, Meituan and JD.com.

The iShares China Large-Cap ETF has had a rough few years. Even today, it has lost an average of 9.48% per annum over the past five years. But we can’t take away this fund’s spectacular November. The iShares China ETF started the month at $33.33 per unit. But today, it is asking $40.12 at the time of writing, a gain of 20.4%.

The post Want to know what the 3 top performing ASX ETFs in November have been? appeared first on The Motley Fool Australia.

Our Top ETF Picks – Got $1,000 to Invest?

Discover the time-tested tactics savvy investors use to build their portfolio. Where we reveal our favourite ETFs for potential long term wealth creation.

Click here to get all the details
*Returns as of November 7 2022

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/67T1nmY

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *