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HAO - Guggenheim China Small Cap

The HAO ETF is composed of nearly 150 small, publicly traded mainland China companies with market capitalization under $1.5 billion. HAO's highest weighted sectors include 28% industrial materials, 19% consumer goods, and 12% business services. Many analysts agree that the best play in the Chinese economy is on smaller, privately owned companies whose success rests on the burgeoning middle-class. HAO is well-aligned with this strategy.