Surprise Performances Among Global ETFs (GXG, EWM, AFK)

May 24, 2012

During the past month, international stocks have entered a rut, but there are some funds that have been able to hold up, signaling a possible upside in the market or perhaps just that these funds have noteworthy resilience, according to an article on Benzinga.

The following funds were outlined by Benzinga staff writer “The ETF Professor for their remarkable performance during this turbulent time in the market:

  • Market Vectors Egypt ETF (NYSEArca: EGPT): down less than 2.5 percent
  • Market Vectors Africa Index ETF (NYSEArca: AFK) down 4.8 percent
  • Global X FTSE Colombia 20 ETF (NYSEArca: GXG) down 5.25 percent

While each of these funds report losses for the month, they have yet to post the losses seen in the Vanguard MSCI Emerging Markets ETF (NYSEArca: VWO), which is down more than 10 percent, according to the article.

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