We looked at the Developed Market Country Returns chart yesterday. In this post, let’s review the Emerging Market Country Returns chart for the period 2006 – 2020:
Click to enlarge
Note: Returns shown above are based on the respective MSCI index returns in US Dollar terms.
Source: Novel Investor
South Korea was the top performer in 2020 with a return of over 45%. The boom in the tech sector particularly the chip industry boosted the Korean market. The next best returns came from Taiwan, another country with a leadership position in chip and tech manufacturing. Despite highly dependent on commodity prices especially crude oil, the Russia market lost just over 11% as crude recovered strongly later in the year.
Related ETFs:
- Market Vectors Russia ETF (RSX)
- iShares MSCI Mexico Capped Investable Market (EWW)
- iShares FTSE/Xinhua China 25 Index (FXI)
- iShares MSCI South Korea ETF (EWY)
- iShares MSCI Turkey ETF (TUR)
- iShares MSCI Taiwan ETF (EWT)
- The iShares MSCI India ETF (INDA)
Disclosure: No Positions