EELV and EEMV have maintained their out-performance, albeit slight, of traditional diversified emerging markets ETFs this year, which is to say the pair have been less bad. [Some Low Volatility ETFs Were OK in 2013]
So glum is the economic outlook for South Africa that some observers think Nigeria could usurp South Africa for the title of Africa’s largest economy this year. Nigeria was Africa’s top-performing equity market last year, but the Global X Nigeria Index ETF (NYSEArca: NGE) is off almost 7% this year.
iShares MSCI South Africa ETF
