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The Best & Worst ETFs in 2013’s First Half

Solar stocks stole the show while gold went bust

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The Best & Worst ETFs in 2013’s First Half

Worst: Market Vectors Egypt Index ETF

MarketVectors185 The Best & Worst ETFs in 2013s First HalfYTD Performance: -27%

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.

Things have gotten so bad that index provider MSCI Inc. (MSCI) earlier this month said it might reconsider Egypt’s emerging-market status.

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.

Article printed from InvestorPlace Media, http://investorplace.com/2013/06/the-best-worst-etfs-in-2013s-first-half/.

©2015 InvestorPlace Media, LLC

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