Time to Add Gulf States (GCC) to your Portfolio

Frontier market's are often less volatile than larger markets and can decrease the overall risk of a portfolio. The Portfolio Analytic's of MES (ETF) reveals a Beta of .63 and a Correlation of .62 vs the S&P 500 Index. Volatility for MES at around 13 is also lower than the Vix, which is typically at 14 or above. Finally, MES technically looks poised to rally through the end of the year and fundamentally it is unlikely any major financial shocks are on the horizon (MES is heavily weighted to the Financial Sector).