11.04.2016 - Which ETFs Are Most Correlated to Latin American Commodities?
There are various ETFs in the Latin America space that are most correlated to commodity movements. The ETFs in the base metal space (DBB) are the iShares Currency Hedged MSCI Mexico (HEWW), the SPDR MSCI Mexico Quality Mix ETF (QMEX), the iShares Latin America 40 (ILF), the iShares MSCI Colombia Capped (ICOL), and the iShares MSCI All Peru Capped (EPU). They have the highest positive correlations of 71.1%, 59.5%, 52%, 50.44%, and 49.8%, respectively...............................................Full Article: Source
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