European ETFs continue to dominate the best performers list with every ETF in the top 12 (other than possibly Turkey, depending on how you define “Europe”) part of that geographic group. Among the top 20 ETFs we track, only Biotech, Private Equity, FX-hedged Japanese equities, and Medical Devices are in the same league as European indices. Gold, silver, and coffee have gotten hit had over the past week, with currency carry strategies undereperforming as well as REITs, long bonds, and a variety of FX crosses.

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