Countries continue to outperform in this week’s ETF Trends report. Brazil, Latin America, Turkey, and Mexico are all up more than 4%, with Turkey making the biggest improvement after being down almost 3% last week. Semiconductors and Solar also continue their strong performance. On the losing side, Telecoms headline a group that has shown consistent underperformance over the past couple sessions, along with Silver and Gold. Biotech is another noteworthy underperformer, down almost 1%.

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