iShares MSCI Italy Capped ETF (NYSEArca: EWI)
October returns: 8.2%
Comment: Attracted to the cheap valuations, investors turned to Italian stocks last month after political instability sent Italian equities reeling. [Abrupt Resignation in Coalition Government Upends Italy ETF]
“I can’t say more due to corporate rules but I can confirm that the whole of the Milan bourse generally interests us,” BlackRock Managing Director Mike Trudel said in a Reuters article earlier in October.