Emerging Mkts Fund - should I switch to ETF?
I'm making some adjustments to my portfolio. I have about 3% of my portfolio in T Rowe Price's Emerging Market Stock Fund (PRMSX). It is in an IRA. I want to up my allocation to emerging markets to 5%, and I have the cash to do that, but then I was thinking that I should put the entire 5% in an Emerging Markets ETF instead.
PRMSX has an expense ratio of 1.27%, and with Schwab I pay a small commission on it when I trade.
I didn't originally go the ETF route because I thought I'd buy in small increments, but now I believe I'll just buy a bunch and then rebalance once a year.
So, do you think I should sell PRMSX and buy an ETF instead?
My choices seem to be: Vanguard Emerging Market VIPERS, iSHAREs MSCI Emerging Market Index, and BLDRS Emerging Mkt 50 ADR Index. Is there much of a difference between these?
I don't currently own any ETFs but feel like I should be researching them more...
Two roads diverged in a wood, and I - I took the one less travelled by...