A look at FXOpen’s new ETF CFDs: American, Chinese and Indian markets at your fingertips

FXOpen

Trading the global markets in the cutting-edge arena of electronic systems means that new and important instruments become available regularly.

FXOpen's continued commitment toward ensuring that a diversified range of tradable assets are accessible has taken a further development in the addition of 19 exchange-traded funds (ETFs) as CFDs (Contracts for Difference).

The 19 CFDs consist of various exchange-traded funds, with 17 of them being executed via New York-based Global X, which is a provider of exchange-traded funds traded at the New York Stock Exchange (NYSE) Arca exchange, that being an electronic communications network (ECN) operated by NYSE, the remaining two available via iShares, which is Blackrock’s ETF product range.
We will closely look at ETFs which have now been added to the TickTrader platform by FXOpen over the next two days. Here is a brief overview of nine of the newly added funds and their position in the current marketplace.

1: Global X Telemedicine & Digital Health ETF (EDOC)

Over the course of the past year, there has been a rise in the development of what is known as telemedicine. This term refers to the ability of clinicians to deliver medical advice or treatment remotely via technology, including apps which allow users to connect via live video or audio appointments, utilise secure text messaging with healthcare providers, or make use of remote monitoring devices. The onset of AI in this field has led to rapid development and investors' interest in telemedicine companies.

2: Global X Interest Rate Hedge ETF (RATE)

Another Global X ETF is the Interest Rate Hedge ETF. This particular fund was founded in order to provide a strategic safeguard against significant increases in long-term interest rates.

Given the current situation within the US, in which a central bank continues to increase interest rates, this fund has witnessed a degree of volatility over recent times. RATE aims to fulfil its investment objective primarily through the acquisition of long interest rate swap options, commonly referred to as "swaptions." Additionally, it may establish long positions in short-term US Treasury securities, primarily as a means of effective cash management. RATE also has the flexibility to invest in US Treasury bills directly or through the utilisation of other exchange-traded funds.

3: Global X 1-3 Month T-Bill ETF (CLIP)

T-Bill is a short form acronym of the words 'Treasury Bill', and this particular ETF was established in order to deliver investment outcomes that, prior to fees and expenses, broadly align with the price and yield performance of the Solactive 1-3 Month US Treasury Bill Index. The US government's fiscal position was of great interest earlier this year when it almost became insolvent and had to raise the debt ceiling to borrow more money to keep itself from defaulting on existing commitments. There has also been a fair amount of concern regarding bond acquisition by the US government. Therefore, this is a fund of interest to those watching the movements in Washington.

4: iShares India 50 ETF (INDY)

This fund tracks the results of the largest 50 publicly listed corporations in India as a combined index. India is a rapidly developing economic region and is home to some of the largest technological and engineering companies in the world. Huge multinationals which originate from India, such as ITC and Infosys, are dominant in the global commercial world; therefore, being able to access this exciting ETF opens a new area of investment aside from traditional Western markets.

5: iShares MSCI India ETF (INDA)

Another index tracker which focuses on the Indian market is the iShares MSCI India ETF. This ETF tracks the performance of a series of Indian equities. With a large and youthful population, India presents opportunities in consumer-driven sectors.

iShares MSCI India ETF may appeal to those looking for exposure to industries such as retail, healthcare, and other services that cater to the rising middle class within India, which is now in the hundreds of millions of people. Liquidity is a crucial factor for traders, and this particular ETF tends to have relatively high trading volumes. Therefore, this level of liquidity makes it easier for traders to buy and sell shares at desired prices without significant market impact.

6: Global X MSCI Vietnam ETF (VNAM)

South East Asia remains a burgeoning economic powerhouse, and with the dominance of mega-economies such as China, Japan and South Korea now moving the majority of the world's industry forward, neighbouring countries are now beginning to take a more globally accessible route toward attracting investors. For traders and investors looking to diversify their portfolios, this particular ETF represents a convenient way to gain exposure to the large, mid, and small-cap segments of the Vietnam market. Vietnam has undertaken various market liberalisation measures, including the privatisation of state-owned enterprises, which can contribute to increased efficiency and attractiveness to investors and has been relatively stable in its political situation in recent times.

7: Global X MSCI Argentina ETF (ARGT)

Argentina is a resource-rich country which is home to a highly volatile local economy, often blighted by high inflation and political instability. The Global X MSCI Argentina ETF is designed to deliver investment outcomes mirroring, prior to fees and expenses, the price and yield performance of the MSCI All Argentina 25/50 Index. Volatility matters here.

8: Global X MSCI China Financials ETF (CHIX)

The Chinese financial markets are of great interest to a wide range of investors and traders, as they are highly diverse, often very domestic-market oriented and inaccessible to outside investors despite being the largest economy in the world by far. This particular ETF tracks a capitalisation-weighted index of large- and mid-cap Chinese financial companies in a variety of industry sectors but excludes real estate.

9: Global X Blockchain ETF (BKCH)

This ETF provides exposure to companies involved in the development and utilisation of blockchain technology that being cryptocurrency technology developers, as well as applications beyond digital currencies, including supply chain management, smart contracts, and decentralised finance (DeFi). Unlike traditional technological applications, blockchain is often associated with crowd-driven innovation, as blockchain projects are usually validated by members of the public. Those interested in the performance of startups and development firms that bring new solutions to the market may find this ETF of interest. However, it is notable that many blockchain projects carry higher risk levels than traditional industry sectors.

This gives a brief overview of a number of ETFs that are now available as CFDs on the TickTrader platform. Tomorrow, we will discuss this interesting addition of instruments further with a closer look into the newly added ETFs, which focus on Chinese industry, technology, retail, and infrastructure.

Buy and sell stocks of the world's biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.