There have been a number of big stories impacting WisdomTree’s global product lineup in 2013 (through September 30):
• Japan: Japanese equities1 have rallied significantly, largely as a result of an aggressive monetary policy and a government commitment to stimulating economic growth.
However, there have also been some other stories about similarly strong equity market performance—they just generated significantly less in the way of attention:
• Middle East: Even in the face of geopolitical risk, equity markets4 have delivered strong performance.
• Europe: This market has been through great turmoil in recent years, but potential green shoots have begun to emerge. Small-cap stocks5 have led the European pack.
On the other side of the spectrum are markets that have been lagging significantly. A common theme across the worst-performing markets is either a connection to commodity-oriented companies or the emerging markets.
WisdomTree’s Five Best- and Worst-Performing ETFs through September 30, 2013