Year-to-date, emerging markets exchange-traded funds are displaying superiority over their Europe counterparts. For example, the Vanguard Emerging Markets Stock Index Fd (NYSE: VWO) and the iShares MSCI Emerging Markets Indx (ETF) (NYSE: EEM) (the two largest emerging markets ETFs) are both up 2.8 percent, while marquee Europe ETFs are in the red.
Pressure And Catalysts
Europe ETFs have been plagued by disappointments from the European Central Bank and structural concerns regarding banking systems in some major eurozone markets. Although some new reforms and regulations are seen as steps in the right direction for the eurozone's fractured banking systems, the time it takes for investors to realize the rewards of such efforts can be trying on their patience.
Conversely, rebounding currencies and commodities prices have lifted emerging markets ETFs. Those performances have been enough ...
/www.benzinga.com/trading-ideas/long-ideas/16/04/7807832/in-battle-for-assets-emerging-markets-etfs-topped-europe-riva alt=In Battle For Assets, Emerging Markets ETFs Topped Europe Rivals In March>Full story available on Benzinga.com
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