To The Moon

🌟🌟🌟As a Singaporean, I have been a long term investor of $STI ETF(ES3.SI)$  but as an alternative to this, $iShares MSCI Singapore ETF(EWS)$ is good strategy to capture some growth stocks that are not listed in the Straits Times ETF.

What are the differences between the 2 ETFs?

EWS is listed in the New York Stock Exchange and the Fund Manager is BlackRock under their iShares brand.  BlackRock is the world's largest fund manager.

EWS Top 10 holdings is slightly different from ES3 as it includes $Sea Ltd(SE)$  and $Grab Holdings(GRAB)$ .  Even though SEA and Grab are Singapore based, they are listed in the US.  The other holdings in the Top 10 include the 3 Singapore banks - DBS, OCBC, UOB and Singtel, Keppel, Capitaland Ascendas Reit, Singapore Airlines and Singapore Exchange.

The 3 Singapore banks have a wide moat due to their extensive banking outlets and rock solid balance sheet. 

SEA is a leading global consumer Internet company which operates 3 core businesses.  They are Garena which provides digital entertainment, Shopee which is Sea's ECommerce segment and SeaMoney which provides digital financial services.

Grab is Southeast Asia's leading superapp.  It provides everyday services such as Deliveries, Mobility, Financial Services and more.

$Singtel(Z74.SI)$  is Singapore's leading telecommunications company which provides a plethora of services including mobile phone services, fixed line telephony services, Singtel TV and much more.

The Top 10 holdings of EWS takes up 73% of the weightage.  Total number of holdings is 24.  Dividends are paid twice a year and the current dividend yield is 6.65%.

The expense ratio of EWS is 0.50% compared to Es3 at 0.30%.

Performance wise, EWS is up 0.77% today but it is down 0.75% in the past 5 days.  It is slightly up by 0.16% year todate, and in 2023 EWS is down 3.56%.  I believe that this is due to the performance of SEA which is up 45% year todate but down 29% in 2023.

Grab is up 0.6% today and is down 3% year todate. However Grab is up 11.5% in 2023.

In contrast ES3.SI is up 0.5% today but down 1.6% year todate.  In 2023, ES3.SI is up 5.6%.

ES3.SI has a dividend yield of 4.1% in comparison to EWS's 6.65%.

I believe that EWS ETF is a great ETF to invest long term especially with the inclusion of SEA and Grab.  However ES3.SI is more of a value ETF with Singapore banks and the major SReits.  

For those who residing in countries such as Australia and the US where the Straits Times ETF is not available, EWS ETF is a great alternative. 

Both ETFs are low cost and offers diversification.   Best of all, both ETFs pay great dividends which are a good source of passive income while waiting for capital growth. 

May Singapore continue to grow exponentially in the future and may its people enjoy great Wealth and Prosperity.   

Majullah Singapura! 🇸🇬🇸🇬🇸🇬

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