KWEB offers upside potential as its constituent companies grew significantly despite the ETF's flat 13-year performance.
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The China internet ETF, this is something very interesting. 26% down year to date. Nobody likes China. We have also discussed 10-centent process in a recent video. Tencent is the core holding.
But there is something more important. When an ETF representing a great basket of businesses like China internet shares does nothing for a staggering 13 years. The stock price did nothing.
When that happens, you know, there's something either wrong with the companies and there isn't because these are the biggest companies in the world, especially in China and consequently Asia world.
Scaling, growing, working, the businesses grew significantly over the last 15 years. Nothing happened to the stock price. That means there is some potential hiding there. So, I'm pushing que here. 10% return and then let's see where it goes and how I structure it in my diversified portfolio them that I'm developing on my research platform.
What this channel has said about $KWEB
Value Investing with Sven Carlin, Ph.D. has only this one call on this stock.