The Emerging Markets Annual Returns chart has been updated by Novel Investor with 2022 data. The worst performers last year were Hungary, Taiwan and Korea. Steep declines in the tech sector hurt Korea and Taiwan as they are heavily dependent on the sector. The top performer was Turkey followed by Chile and Brazil. Chile was crushed a while ago. So it is not surprising Chilean stocks had a relatively better run last year. With the election of Lulu, investors are betting on a revival of booming economy for Brazil and higher returns for Brazilian equities.
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Source: Novel Investor
Related ETFs:
- Market Vectors Russia ETF (RSX)
- iShares MSCI Mexico Capped Investable Market (EWW)
- iShares FTSE/Xinhua China 25 Index (FXI)
- The iShares MSCI India ETF (INDA)
- iShares MSCI Brazil Index (EWZ)
- iShares MSCI All Peru Capped Index (EPU)
- Global X FTSE Colombia 20 ETF (GXG)
Disclosure: No Positions
