Previously beaten down values and tech describe this year's list of best-performing single country ETFs. Numbers 5&6 are the iShares MSCI Finland Capped ETF (EFNL) and the iShares MSCI Denmark Capped ETF (EDEN), each up about 35%.
Keeping with the beaten down theme are numbers 4&2 - both Japan funds hedged against shifts in the value of the yen, WisdomTree's DXJ and Deutsche's DBJP, up 38% and 44% respectively. Number 3 comes from another left-for-dead market, the iShares MSCI Ireland Capped ETF (EIRL).
Leading the list is PowerShares' Golden Dragon China ETF (PGJ), which holds China N-Shares - U.S.-listed Chinese firms, i.e, tech, i.e., Internet. It's up 58% YTD.