Which are the Best Country ETFs?
When it comes to selecting a country ETF to invest in, there is none more popular than investing in a US-linked ETF such as the SPDR S&P 500 ETF (SPY). This is not surprising, given the liquidity and popularity associated with US-linked ETFs. For an equal-weighted ETF that is linked to the USA, one might wish to check out the iShares MSCI USA Equal-Weighted ETF (ticker: EUSA). However, the EUSA ETF has underperformed the SPY ETF (market-cap weighted) historically, as large-cap stocks outperformed their smaller-cap counterparts. I recently wrote an article to highlight the performances of the various country ETFs. On a YTD 2023 basis (as of 4th May 2023), the best-performing country ETF is none other than the Global X MSCI Nigeria ETF, which has returned almost 30% since the start of the year. However, this country’s ETF also has got one of the worst 10-year price performances....