One Red Chart: Emerging Markets Bloodbath

Tuesday was Guy Fawkes Day. For those familiar with Fawkes, that is how the day will be remembered.

Those that pay close attention to exchange traded funds will might be apt to refer to Tuesday as “Bloody Tuesday” for emerging markets ETFs.

Using words, it would be best just to say “Good luck finding a non-leveraged emerging markets ETF that traded higher Tuesday.”

For a pictorial view of things, there is this handy chart courtesy of WallachBeth Capital that shows 13 of the 15 worst non-leveraged ETFs on Tuesday were emerging markets funds.