The iShares Emerging Markets (ETF) (EEM -3.3%) continues its severe underperformance this year,...

|By:, SA News Editor

The iShares Emerging Markets (ETF) (EEM -3.3%) continues its severe underperformance this year, about doubling the S&P's loss today as China plummeted 5.3% overnight and Brazil (EWZ -4%) sinks. A big outperformer from the lows of the financial crisis through early 2011, emerging markets have now given up all of those gains over the last 2-plus years.