Market Vectors Egypt ETF (NYSEArca: EGPT)
January Gain: 13.3%
Comment: Put simply, no single-country emerging markets ETF has been better in 2014 than EGPT. The surge in Egyptian stocks, which currently rest at multi-year highs, has not just benefited EGPT. Several multi-country Middle East ETFs with significant Egypt exposure have proven far more durable than their traditional emerging markets counterparts. Signs that political volatility is diminishing in North Africa’s largest economy have encouraged investors from other Arab nations to allocate new capital to Egypt and the expectation is Western Investors will follow. [Middle East ETFs Standout]