The S&P 500 is looking to end the week either at or within a few ticks of a new historic high. The same cannot be said for a number of ETFs that have been struggling the last couple of weeks.
The now five-year old bull market has sent nearly every sector higher since 2008. However, when analyzing short-term movements in the market, sectors tend to outperform and underperform as money shifts back and forth.
The normal rotation of money creates opportunities for investors to buy into bull markets on pullbacks. There are three such ETFs that are in the midst of what appears to be a normal pullback that investors should not ignore.
KraneShares CSI China Internet ETF (NYSE: KWEB)
The niche international ETF is a basket of 28 Chinese stocks that concentrate on the Internet sector. Top holdings include Tencent Holdings, Qiho 360 Technology (NASDAQ: QIHU), Baidu.com (NASDAQ: BIDU), and ...