International Index Returns Adjusted for Currency Performance

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 |  Includes: DIA, EWA, EWC, EWD, EWG, EWH, EWI, EWJ, EWL, EWN, EWP, EWQ, EWU, EWW, EWZ, FEZ, FXI, IVV, ONEQ, QQQ, SPY
by: TickerSense

As of Friday's close there is no doubt that Europe was a bad place to invest this year. The Euro STOXX 50, Europe's bellwether index, is down 11.17%, France's CAC 40 is down 9.55% and Spain's IBEX 35 is down 21.99%. In fact, the performance breakdown by region below shows that North America is the only area posting gains across the board.

If we take the analysis one step further and look at these same indices in terms of currency the results are even more shocking. In US Dollar terms the STOXX 50 is down 22.96% and Spain is down 32.38%. The Nikkei 225, which is down for the year in both US Dollars and Japanese Yen has posted an impressive 14.77% gain in terms of Euros, but selling Euros to buy Canadian stocks yielded the best results: a 19.52% return.

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