Nope!
YTD (Year-to-date) performance:
EWZ (Brazil ETF): -7%
ECH (Chile ETF): +7%
Now Brazil has been affected by currency moves as the Real has dropped nearly 4% this year. This should have boosted EWF further however.
In the case of Chile, the great SQM company has a lot to do with it as it makes up quite a chunk of the ETF.
No comments:
Post a Comment