To The Moon

🌟🌟🌟Recently Singapore stocks climbed to their highest level since 2007.  This is due to the Feds cutting interest rates by 50 basis points.  Both $iShares MSCI Singapore ETF(EWS)$ and $STI ETF(ES3.SI)$  reached their 52 week high.

What is the difference between EWS and STI ETF?  Which is better?

EWS tracks the MSCI Singapore Index while ES3 tracks the Straits Times Index.

Total number of holdings in EWS is 17 compared to ES3.SI which is 30. 

EWS has 2 holdings - $Sea Ltd(SE)$  and $Grab Holdings(GRAB)$  which are traded on the NYSE and not in the Singapore Exchange while ES3 only have stocks that are traded in SGX. 

Expense ratio of EWS is 0.50% while ES3 is 0.30%.

The Dividend yield of EWS is 4.28% while ES3 is 4.54%.  However both EWS and ES3 pay dividends twice a year. 

Assets Under Management of EWS is USD 531.2 million while ES3 is SGD 1.6 billion (USD 1.25 billion). 

Inception date of EWS is March 12 1996 while ES3 is April 11 2002.

Performance wise EWS is up 20% year todate and 22% in 2023 while ES3 is up 16.7% year todate and 17.3% in 2023.

I have invested in both EWS and ES3.  I am currently up 6% for EWS and 26% for ES3.  The stark difference between the 2 is due to the time frame I have held both ETFs.  I started investing in ES3 4 years ago while I have only started investing in EWS 6 months ago.  The contrasting results shows the magic of compounding. 

Both EWS and ES3 are great ETFs and compliment each other.  I like EWS because it has SEA and Grab in its holdings.  SEA has had an outstanding run this year as it is up 122% year todate and in 2023, SEA has jumped 138%.  Grab has just started its upward momentum as it is up 10% year todate and 5% in 2023.    Investing in EWS gives me the exposure to both SEA and Grab without the huge volatility that comes with holding them individually. 

I also like ES3 which is more diversified with 30 holdings versus EWS' holdings of only 17 stocks.  It is also denominated in Singapore currency and all dividends and capital gains are tax free while EWS has a 30% withholding tax on dividends for non US citizens. 

For my Australian Tiger Friends, EWS is a great alternative way to invest in Singapore.  @Ah_Meng this ETF is suitable for you since you are based in Australia. 

For everyone in our Wonderful Tiger Community, do you know that Tiger Brokers has 2 awesome promotions?  In conjunction with Singapore National Day, there is Zero commission for all Singapore stocks and ETFs till October 31.   Plus you can get to win many prizes such as a Staycation at the luxurious Fullerton Hotel, stock vouchers and many more. 

Another promotion is a 30 day zero commission on US stocks.  You can find both promotions under Campaigns in your Tiger App. 

The Singapore market is finally coming alive as it is currently on an upward trajectory due to the Feds cutting interest rates.  Many Singapore stocks have recently been hitting 52 week highs especially the Singapore Banks and SReits.  Both $iShares MSCI Singapore ETF(EWS)$ and the STI ETF offer a value for money, diversified approach in capturing the fast growing, dynamic Singapore economy. 

Go Long Go Strong Go EWS and ES3! 🚀🚀🚀🌛🌛🌛🌈🌈🌈💰💰💰🇸🇬🇸🇬🇸🇬

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