ECH, The Chile ETF is Hot

ECH is the ETF that tracks Chilean stocks.

It is on fire lately:











One of the reasons is that SQM, which makes up a big chunk of it, has also been very hot:












SQM makes up 7.15% of ECH. These are the percentages (holdings)

Colbun 3.71
CAP 4.27
Lan Airlines 4.44
Cencosud 4.91
Banco Santander-Chile 4.98
Sociedad Quimica y Minera de Chile 7.15
Empresas Cmpc 7.63
Enersis SA 10.03
Empresa Nacional de Electricidad (chile) 10.6
Empresas COPEC 13.46


But note the volume on ECH too. Something is going on.