According to Bloomberg data, the last round of pessimism in Brazil and India caused the corresponding nations benchmark equity indices to fall more than 10% in 12 months.
On the flip side, U.S. equity markets have turned around with a four-year climb in domestic stocks. Even as investors are pulling out, U.S. stock mutual funds have gained $20 billion in new inflows to mutual funds, according to the Investment Company Institute.[BRIC ETFs: Investors Jump into China and Brazil]
BRIC ETFs:
- iShares MSCI BRIC Index Fund (NYSEArca: BKF)
- Guggenheim BRIC ETF (NYSEArca: EEB)
- SPDR S&P BRIC 40 ETF (NYSEArca: BIK)
Single-Country BRIC ETFs:
- Market Vectors India Small-Cap ETF (NYSEArca: SCIF)
- iShares MSCI Russia (NYSEArca: ERUS)
- iShares MSCI Brazil (NYSEArca: EWZ)
- iShares FTSE China 25 (NYSEArca: FXI)
iShares MSCI BRIC Index Fund
Tisha Guerrero contributed to this article.