BetaShares Asia Technology Tigers ETF (ASIA)

The locally listed ASIA ETF has corrected ~27% from its February high with the 50 largest Asian tech stocks (ex-Japan) significantly underperforming their US peers. We are watching this relative performance unfold carefully because we believe some reversion is approaching and may suit our Global Macro ETF Portfolio i.e. Buy ASIA and sell the S&P500 (or NASDAQ), not just yet but potentially in the coming weeks / months.