Earlier today we published our Global Macro Dashboard which provides an overview of the main economic and market data of 22 major global economies. In the table below, we show the recent performance of the ETFs tracking those same countries.
With 2022 drawing to a close, there are only two countries that are currently in the green for the year: Brazil (EWZ) and Mexico (EWW). Neither are up much, but up is up, especially in a year like this one.
In terms of month-to-date change, Hong Kong (EWH) has risen the most with a 5.62% gain, while China (MCHI) is up a modest 0.46%. On the other end of the spectrum, Taiwan (EWT) has fallen sharply with an over 20% decline, but most of that drop is actually due to a $5.18/share long-term capital gain that the fund paid out earlier this month. Click here to learn more about Bespoke’s premium stock market research service.