- Never mind a 40% gain YTD, the iShares MSCI Ireland Capped ETF (EIRL) is getting a new underlying index thanks to the shrinking number of eligible stocks trading in Dublin. With more investors and liquidity in London and NYC, the Irish stock exchange has lost a number of key listings over the last few years, bringing the number of stocks in EIRL's tracked index to just 14.
- The new index leaves a bit more wiggle room, including companies doing significant business in Ireland, along with those domiciled there, resulting in 24 constituents.
- The closed-end New Ireland Fund (IRL) is ahead 35% YTD.
From other sites
at CNBC.com (Mar 31, 2011)
at CNBC.com (Mar 17, 2011)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs