With Japan and US S&P500 coming a long way and making an all time high, let’s take a look at some of the country ETFs with some actually outperforming the S&P500 in 2023. Countries such as China had massively under-performed in 2023, but had recovered sharply in 2024 due to various stimulus policies that the government has implemented. Is this the start of it’s recovery?
TickerName2024 YTDWeekly returnMonthly return2023 Return2022 Return2021 Return2020 Return
ARGTGlobal X MSCI Argentina ETF-1.97%-0.07%-0.46%53.66%11.81%3.82%12.16%
EPOLiShares MSCI Poland ETF-0.09%1.57%6.85%50.79%-24.62%12.22%-8.41%
GREKGlobal X MSCI Greece ETF7.80%-1.14%3.93%42.73%3.60%6.16%-13.08%
DXJWisdomTree Japan Hedged Equity ETF14.56%2.60%6.23%42.00%5.93%17.97%2.62%
EWWiShares MSCI Mexico ETF-0.81%-0.18%3.35%40.36%1.26%20.30%-4.89%
EWZiShares MSCI Brazil ETF-5.29%0.55%0.46%32.69%12.35%-17.28%-19.93%
SPYSPDR S&P 500 ETF5.09%-0.34%3.54%26.19%-18.17%28.74%18.01%
EPIWisdomTree India Earnings Fund7.71%1.03%5.14%26.03%-4.85%26.41%18.75%
EWTiShares MSCI Taiwan ETF0.13%-1.29%4.30%24.48%-28.84%26.21%30.93%
EWGiShares MSCI Germany ETF-0.61%0.82%2.15%23.36%-22.20%5.84%9.48%
EWJiShares MSCI Japan ETF5.44%1.50%2.63%20.32%-17.72%1.17%14.75%
EWYiShares MSCI South Korea ETF-2.04%0.82%8.32%19.06%-26.60%-7.56%38.77%
VNMVanEck Vietnam ETF1.93%0.80%1.86%15.06%-43.73%22.05%10.78%
MCHIiShares MSCI China ETF-4.79%3.06%4.72%-11.88%-23.01%-21.73%27.43%
FXIiShares China Large-Cap ETF-4.00%3.18%6.41%-12.35%-20.66%-20.05%8.73%
EWUiShares MSCI United Kingdom ETF-1.12%1.33%2.25%12.42%-4.38%18.22%-11.49%

By