FYI: It’s been a wild ride for emerging markets (EM) this year. After starting 2019 with a bang, the world’s largest EM fund, the $61.6 billion Vanguard FTSE Emerging Markets ETF (VWO), was suddenly caught reeling.
VWO’s stellar year-to-date gain of 15.7% in April turned into a much more modest 4.6% gain in May, before rebounding slightly to 6.7% currently.
The rival iShares Core MSCI Emerging Markets ETF (IEMG), with $56.8 billion in assets, followed a similar path this year—a hot start followed by a recent retrenchment.
Regards,
Ted
https://www.etf.com/sections/features-and-news/best-worst-performing-emerging-market-etfs?nopaging=1
