Worst: Market Vectors Egypt Index ETF
The Market Vectors Egypt Index ETF (EGPT) has fallen on the other end of the international-equity spectrum.
Political unrest has been the main culprit of EGPT’s 27% bleed-out for the year-to-date. The country has been wracked by protests against president Mohammed Morsi, the country’s first Islamist president, amid economic decline and shortages of fuel and water.
Top holdings that have sputtered this year include Commercial International Bank (CIBEY, -32%) and real estate developer Talaat Mostafa Group Holding (-13%). EGPT charges 0.96% in expenses.