International Momentum In South Africa, Brazil, Korea, China (ETFs: EZA, EWZ, EWY, FXI)

Includes: EWY, EWZ, EZA, FXI
by: Nick Perry

Nick Perry (Schaeffer's Investment Research) submits: the graph below shows the leading and lagging foreign market exchange traded funds over the last month:

While the S&P 500 Index (SPX - 1,285.58) has gained a little over one percent in the last month, these ETFs have showed strong gains. The EWN is the only fund from my list to drop, while the EZA and EWZ led the way.