For instance, in comparing the iShares MSCI Emerging Markets (NYSEArca: EEM) to the SPDR S&P 500 ETF (NYSEArca: SPY), EEM has been underperforming SPY so far year-to-date.
Start of a trend?
Chart source: Pension Partners
For more information on the emerging markets, visit our emerging markets category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own EEM and SPY.