A Look At Single Country ETFs For The Month Of April

Below is a table in order of the sum of the 3, 6, and 12 month returns for individual country ETFs. Each column represents returns for various timeframes and the percent each ETF is above (or below) the 200 day moving averages as of March’s close.  This list is tracked monthly on the right hand side of my blog Scott’s Investments.  As of last month I started tracking two new country ETFs, Colombia (NYSE: GXG) and Brazil Small Cap (NYSE: BRF). To be fair to (BRF), it does not yet have 1 year of history so the sum of its 3-6-12 month returns will be artificially lower than some of the other ETFs.

Note that all country ETFs are above their 200 day moving average except Italy (NYSE: EWI) and Spain (NYSE: EWP). Last month the following were below their 200 day SMA: Austria (NYSE: EWO), China 25 Index (NYSE: FXI), France (NYSE: EWQ), Germany (NYSE: EWG), Italy (NYSE: EWI), and Spain (NYSE: EWP).  To see last months list click here.

The top 5 based on the sum of the 3-6-12 month returns are below. Last month’s top five were Russia (NYSE: RSX), Colombia (NYSE: GXG), Turkey (NYSE: TUR), Mexico (NYSE: EWW), and Thailand (NYSE: THD).  The top five for this month are: (RSX), (TUR), (THD), (GXG), and (EWW). In other words, no change other than the order of the top 5.

One potential strategy investors could use would be to purchase the top ETFs based on the sum of their returns over 3, 6, and 12 months. Or, one could purchase ETFs based solely on 6 month returns (a strategy featured on ETF Screen). An additional twist would be to only purchase the top performing ETFs if they are also above the 200 day moving average or to use more in-depth and active trading strategies like the one I detailed here.

The data source for the information below is Finviz, which has some of the best free financial data on the web (as well as a new elite service).

Ticker Company 3 Mo 6 Mo Year Sum 200-Day SMA
(RSX) Market Vectors Russia ETF 11.09% 24.68% 145.18% 180.95% 22.11%
(TUR) iShares MSCI Turkey Invest Mkt Index 8.15% 14.80% 142.63% 165.58% 16.34%
(THD) iShares MSCI Thailand Invest Mkt Index 10.77% 15.11% 118.81% 144.69% 20.45%
(GXG) Global X/InterBolsa FTSE Colombia 20 ETF 13.23% 8.95% 119.78% 141.96% 15.82%
(EWW) iShares MSCI Mexico Investable Mkt Idx 7.00% 23.06% 98.48% 128.54% 18.01%
(EWZ) iShares MSCI Brazil Index -0.82% 14.19% 103.37% 116.74% 12.12%
(EIS) iShares MSCI Israel Cap Invest Mkt Index 8.50% 20.84% 80.39% 109.73% 16.70%
(EWD) iShares MSCI Sweden Index 6.28% 9.58% 86.97% 102.83% 10.47%
(PIN) PowerShares India 2.75% 8.85% 91.10% 102.70% 10.75%
(EWA) iShares MSCI Australia Index 5.26% 9.94% 84.98% 100.18% 13.78%
(EWS) iShares MSCI Singapore Index 0.09% 10.05% 88.22% 98.36% 8.82%
(EWM) iShares MSCI Malaysia Index 9.26% 16.45% 71.51% 97.22% 13.72%
(EZA) iShares MSCI South Africa Index 7.68% 12.28% 69.56% 89.52% 14.25%
(EWC) iShares MSCI Canada Index 5.52% 11.95% 71.86% 89.33% 12.17%
(EWY) iShares MSCI South Korea Index 5.62% 6.36% 77.18% 89.16% 12.73%
(PGJ) PowerShares Gldn Dragon Halter USX China 2.82% 7.18% 69.38% 79.38% 6.90%
(ECH) iShares MSCI Chile Investable Mkt Idx 0.35% 15.30% 61.16% 76.81% 8.48%
(EWH) iShares MSCI Hong Kong Index 4.42% 7.03% 64.55% 76.00% 7.30%
(GXC) SPDR S&P China 0.97% 7.54% 60.89% 69.40% 5.06%
(EWN) iShares MSCI Netherlands Invstbl Mkt Idx -2.44% 2.87% 68.18% 68.61% 6.79%
(EWK) iShares MSCI Belgium Investable Mkt Idx -0.08% 1.56% 66.07% 67.55% 5.59%
(EWU) iShares MSCI United Kingdom Index 0.43% 6.06% 59.98% 66.47% 6.44%
(EWL) iShares MSCI Switzerland Index 2.26% 7.29% 54.31% 63.86% 9.46%
(EWO) iShares MSCI Austria Investable Mkt Idx -0.15% -5.91% 68.95% 62.89% 2.41%
(EWT) iShares MSCI Taiwan Index -1.34% 5.82% 58.06% 62.54% 7.10%
(PJO) PowerShares FTSE RAFI Japan 7.39% 8.57% 42.14% 58.10% 7.37%
(FXI) iShares FTSE/Xinhua China 25 Index 0.14% 2.33% 49.66% 52.13% 2.14%
(JPP) SPDR Russell/Nomura PRIME Japan 6.79% 4.46% 35.18% 46.43% 7.05%
(EWJ) iShares MSCI Japan Index 5.14% 6.53% 34.02% 45.69% 6.36%
(EWG) iShares MSCI Germany Index -4.04% -1.26% 50.83% 45.53% 3.79%
(EWQ) iShares MSCI France Index -5.04% -2.53% 50.06% 42.49% 2.89%
(EWI) iShares MSCI Italy Index -7.74% -9.57% 47.93% 30.62% -1.90%
(EWP) iShares MSCI Spain Index -13.46% -13.74% 47.43% 20.23% -6.83%
(BRF) Market Vectors Brazil Small-Cap ETF -5.91% 16.40%      

Written By Scott’s Investments

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