iShares MSCI Chile Capped ETF (NYSEArca: ECH)
Odds to win: 50/1
ETF Year-to-date: Up 0.8%
Comment: ECH’s 2014 performance seems paltry compared to some other Latin America ETFs, but consider this: The lone Chile ETF has surged 11.1% in the past three months, better than triple the performance of the iPath Dow Jones-UBS Copper Total Return Sub-Index ETN (NYSEArca: JJC) over the same time. Chile is the world’s largest copper producer.
During the 2010 World Cup “Chile saw the sharpest drop in trading activity as volume plunged 99.5% when their national team was playing and 79% when other nations were playing while Brazil saw a fall of 74.5% in trading volume when their national team was playing and a 28.5% fall when other nations were playing,” according to Emerging Equity.