Of the 24 developed country stock markets around the globe, the U.S. is trailing all but two heading into this week. The performance has not improved with the S&P 500 hitting a new one-month low on Tuesday.
While the S&P 500 is now in negative territory for the year, the index is holding up much better than some of its emerging market peers that have been decimated by a rise in the U.S. dollar and various concerns.
The three worst-performing country-specific ETFs in 2015 are all emerging markets, with two residing in South America. The third, Turkey, is dealing with currency issues that have weighed heavily on the ETF traded in the U.S.
Global X MSCI Colombia
The Global X MSCI Colombia ETF (NYSE: GXG) is made up of 28 companies based in Colombia.
The top holdings include:
- Bancolombia SA (ADR) (NYSE: CIB) with a 14 percent holding
- Ecopetrol S.A. ADR (NYSE: EC) at ...
/www.benzinga.com/etfs/emerging-market-etfs/15/03/5313872/3-country-etfs-hitting-lows alt=3 Country ETFs Hitting Lows>Full story available on Benzinga.com
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