Yesterday we looked at the comparison of US returns against other developed markets. In this post lets take a look at the emerging market returns by country over the past 10 years.
Click to enlarge
Source: Henderson Global Investors
Note: The returns shown above are based on the country’s respective MSCI country index.
A few observations from the above chart:
- Brazilian stocks soared with the boom in the commodity markets up until 2007. Then in 2008 during the global financial crisis stocks plunged over 56%. Since 2010 Brazilian stocks have performed poorly.
- China has performed better in the past 3 years than Brazil.
- Except in 2008 and 2013, Indonesian stocks have yielded solid returns every year.
- Similarly, Poland has been one of the top performing markets market emerging and East European markets.
- Overall no country has been the top performer in two consecutive years.
- iShares MSCI Indonesia Investable Market Index ETF (EIDO)
- iShares MSCI Brazil Index (EWZ)
- Market Vectors® Russia ETF (RSX)
- iShares MSCI South Africa Index Fund (EZA)
- iShares FTSE/Xinhua China 25 Index Fund (FXI)
Disclosure: No Positions