Positive
Seeking Alpha
6 months ago
FLSA: Preferable To KSA, But Not A Good Time To Pursue
Saudi equities, while still down this year, have underperformed emerging markets and outperformed global markets. We examine how FLSA, a little-known ETF that covers Saudi equities, stacks up against its larger peer- KSA, and find that the former, while hardly flawless, does pretty well. Saudi's prospects are still heavily reliant on oil, and conditions here don't look too alluring.
