Sixty-one percent of the emerging markets that we track were up in the third quarter (using local currencies). Excluding Zimbabwe (where inflation actually dipped to a 6,592% year over year increase in August), the average gain of the emerging markets highlighted below was 4.47% in Q3, China's Shanghai Composite was up the most at 45%, while Puerto Rico was down 15%.
Year to date, 85% of the countries listed below are up for an average gain of 22.95%. While emerging markets in Europe, Africa, the Middle East and Asia have mostly seen solid gains, the Americas have struggled somewhat. Jamaica, Trinidad & Tobago, Colombia, Ecuador, Venezuela and Puerto Rico are all down for the year.
Please click here to access our Global ETF Family Tree that features a list of emerging market ETFs.
Performance numbers below are percentage changes using local currencies.