ACWI Stock Recent News

DXJ: Capitalizing On Japan's Bull Market, Mitigating FX Risk

Global shares experienced a slump on Jan 16, 2024 in response to fresh economic data that heightened concerns about China's economy. Also, bets over imminent Fed rate cuts weakened.

Global stocks have experienced a remarkable rally, including US equities and foreign stocks since late October. Foreign stocks are currently at its best mark since February 2022 on a total return basis. ACWI has a hold rating, with a fair valuation and encouraging price action, but investors should be cautious of early-year volatility in election years.

Global equities are still in a bear market, far from previous highs. The iShares MSCI ACWI ETF is a good option for diversifying portfolios globally. The ACWI ETF has performed well due to the strong performance of U.S. stocks, particularly in the technology sector.

Despite challenging economic backdrop, these global ETFs trumped the S&P 500 in the first nine months of 2023.

Four countries -- Turkey, Vietna, India and Japan -- and its ETFs have topped the S&P 500 in the third quarter of 2023.

The 60/40 has proven to be one of the winning and time-tested strategies.

The global economy is set to climb 2.1%, up from 1.7% projected in early January. The rise in projections came on the back of strength in the labor market, better-than-expected consumption in the United States and solid recovery in China following COVID-19 lockdowns.

Investors were net purchasers of fund assets for the second week in a row, injecting a net $5.8 billion for the week ended Wednesday, May 3. Equity ETFs experienced net outflows for the first week in four, handing back a little less than $7.8 billion for the most recent fund-flows week.

The two-year Treasury yield closed above the 5% mark for the first time since June 18, 2007, on Tuesday. For the fund flows week, conventional taxable bond funds witnessed $1.0 billion in net redemptions, while their ETF counterparts attracted $4.9 billion.