| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
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||||||
| #Equity-Region: Taiwan | ||||||
MMFI for Taiwanese Dollars is an integral index created by MacroMicro for US dollars fundamentals. When it goes up, the fundamentals of TWD is looking good.
Components of TWD MMFI include Exports, Export Price Index YoY and Net Inflow of Foreign Investment. Weight of each component might be adjusted according to the latest Taiwanese dollar market conditions.
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
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||||||
| #Equity-Region: Taiwan | ||||||
Colors of lights and their scores and meanings are as follow:
-Red light, 38 to 45, means the economy is overheating
-Yellow-red light, 32 to 37, means the economy is expanding
-Green light, 23 to 31, means the economy is steady
-Yellow-blue light, 17 to 22, means the economy is weak
-Blue light, 9 to 16, means the economy is recessing
Taiwanese dollars appreciate when the economy grows.
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
Exports account for 65% of GDP; imports 50%. When the economy expands, exports increase and Taiwanese dollars strengthen.
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
Export price index YoY moves ahead of TWD by roughly 3 to 6 months. Taiwan exports rely on overseas demand; when exports grow, Taiwanese dollars strengthen.
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
About 30% of exports are electronic products. When electronic product exports grow, Taiwanese dollars strengthen.
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
M1B = M1A + demand saving deposits
M2 = M1B + reserve currency
*reserve currency includes time deposits, postal savings, and forex savings
*M1A = net currency + check deposits + demand deposits
When M1B YoY is bigger than M2, demand for the currency grows and Taiwanese dollars strengthen.
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
When yield spread between the US and Taiwan 10-year government bonds narrows down, Taiwan attracts investment and Taiwanese dollars are likely to strengthen.
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
Real interest rate = 10-year bond yield - consumer's price index
Taiwan's central bank monitors other countries' real interest rate to formulate its monetary policy. When real interest rate is low, the central bank tends to raise rates to attract investment.
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
Roughly 38% of the market cap of TAIEX are foreign investment, which is an indicator for both TAIEX and the Taiwan Dollar. When foreign investment shows a positive net inflow, Taiwanese dollars strengthen.
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
South Korea's exports are similar to Taiwan's exports. When South Korea's exports YoY decreases, Korean Won depreciates to support exports. The same happens in Taiwan.
Korea's major export partner: China (25%), the US (14%), Europe (13%) and ASEAN (13.8%)
Korea's major export goods: electronics (39%), transportation (20%), metals (8.3%), plastic and rubber (6.9%) and chemicals (6.6%)
| Registered Country | Commodity ETFs | Price | 1 Month | YTD | Expense ratio | |
|---|---|---|---|---|---|---|
|
|
||||||
| iShares MSCI Taiwan ETF | $53.71 | -7.48% | -19.37% | 0.57% | ||
| Franklin FTSE Taiwan ETF | $37.78 | -7.83% | -18.76% | 0.19% | ||
|
|
||||||
| Yuanta Taiwan Top 50 ETF | $125.70 | -4.77% | -13.61% | 0.46% | ||
| Yuanta Taiwan Dividend Plus ETF | $31.01 | -5.60% | -7.65% | 0.74% | ||
| Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF | $17.74 | -6.39% | -7.46% | 0.57% | ||
|
|
||||||
| #Equity-Region: Taiwan | ||||||
South Korea's exports account for nearly 50% of its GDP. Electronics account for almost 40% of the country's total export value. Taiwan's exports are very similar to that, so the two countries are rivalries. Korean won and Taiwanese dollars sometimes soften to support exports.
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