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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 June's close. This list is tracked monthly on the right hand side of my blog Scott's Investments. As of March I started tracking two new country ETFs, GXG (Colombia) and BRF (Brazil Small Cap).

This month, the vast majority are below their 200 day SMA. To see last month's listclick here. On a side note, I reached the maximum number of functions Google Docs would allow me to put on one sheet so I started a new doc starting with July's list. However, users can still browse previous months by looking at the old list titled "Individual Country ETF (through June 2010)". Last month's top 5 returned an average of 2.27% versus -.53% for the entire list.

The top 5 based on the sum of the 3-6-12 month returns are below. Last month's top five were
TUR, GXG, THD, BRF, and EWW. This month's top five are: GXG, BRF, THD, EWM, and TUR.

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 and here. Many of the strategies detailed here were inspired by Mebane Faber's The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets


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 Free Trend Analysis Perform-ance (Quarter) Half Year Year Sum 200-Day SMA
GXG Global X/InterBolsa FTSE Colombia 20 ETF Here 4.38% 18.19% 52.93% 75.50% 9.82%
BRF Market Vectors Brazil Small-Cap ETF Here -4.55% -10.19% 58.73% 43.99% -2.78%
THD iShares MSCI Thailand Invest Mkt Index Here -3.86% 6.50% 38.60% 41.24% 6.35%
EWM iShares MSCI Malaysia Index Here -2.05% 7.02% 30.30% 35.27% 3.86%
TUR iShares MSCI Turkey Invest Mkt Index Here -7.64% -0.11% 41.34% 33.59% -1.83%
ECH iShares MSCI Chile Investable Mkt Idx Here 3.19% 3.54% 25.56% 32.29% 5.31%
PIN PowerShares India Here -1.63% 1.08% 24.32% 23.77% 3.55%
EWS iShares MSCI Singapore Index Here -2.26% -2.18% 27.44% 23.00% 0.42%
EWW iShares MSCI Mexico Investable Mkt Idx Here -10.27% -3.99% 31.28% 17.02% -2.29%
EWY iShares MSCI South Korea Index Here -10.58% -5.56% 28.85% 12.71% -5.37%
EWD iShares MSCI Sweden Index Here -10.08% -4.44% 23.61% 9.09% -6.06%
RSX Market Vectors Russia ETF Here -18.34% -9.28% 34.66% 7.04% -9.98%
EWC iShares MSCI Canada Index Here -10.89% -5.97% 17.20% 0.34% -5.59%
EWH iShares MSCI Hong Kong Index Here -7.69% -3.59% 10.89% -0.39% -3.46%
GXC SPDR S&P China Here -6.42% -5.52% 11.21% -0.73% -4.26%
EZA iShares MSCI South Africa Index Here -12.87% -6.18% 13.64% -5.41% -5.87%
PGJ PowerShares Gldn Dragon Halter USX China Here -8.83% -6.26% 7.05% -8.04% -5.18%
FXI iShares FTSE/Xinhua China 25 Index Here -5.98% -5.87% 3.71% -8.14% -4.78%
EWT iShares MSCI Taiwan Index Here -10.76% -11.95% 12.90% -9.81% -8.04%
EWL iShares MSCI Switzerland Index Here -13.46% -11.51% 13.07% -11.90% -8.33%
EWZ iShares MSCI Brazil Index Here -16.04% -16.73% 20.50% -12.27% -11.51%
JPP SPDR Russell/Nomura PRIME Japan Here -10.33% -4.26% -0.67% -15.26% -5.09%
PJO PowerShares FTSE RAFI Japan Here -11.65% -5.13% -1.14% -17.92% -6.00%
EWJ iShares MSCI Japan Index Here -11.88% -7.35% -1.60% -20.83% -7.26%
EWA iShares MSCI Australia Index Here -20.95% -16.79% 16.16% -21.58% -15.23%
EWN iShares MSCI Netherlands Invstbl Mkt Idx Here -16.13% -18.17% 12.57% -21.73% -13.78%
EWK iShares MSCI Belgium Investable Mkt Idx Here -16.71% -16.78% 7.79% -25.70% -14.50%
EIS iShares MSCI Israel Cap Invest Mkt Index Here -22.58% -16.00% 11.39% -27.19% -14.40%
EWG iShares MSCI Germany Index Here -14.45% -17.90% 4.12% -28.23% -12.56%
EWU iShares MSCI United Kingdom Index Here -17.39% -17.04% 2.91% -31.52% -14.21%
EWO iShares MSCI Austria Investable Mkt Idx Here -22.68% -22.80% -2.61% -48.09% -21.94%
EWQ iShares MSCI France Index Here -21.95% -25.88% -3.98% -51.81% -20.08%
EWI iShares MSCI Italy Index Here -24.34% -30.20% -14.07% -68.61% -24.09%
EWP iShares MSCI Spain Index Here -24.64% -34.79% -18.86% -78.29% -27.21%

Disclosure: No positions

Source: Individual Country ETF Portfolio for July