Click to EnlargeYTD Return: +13.3%
Next up: The iShares MSCI Netherlands ETF (EWN) has improved a touch better than 13% so far in 2013, thanks in large part to a double-digit spike during the past month.
The developed nation is one of only four eurozone members that still has a AAA credit rating, while Dutch unemployment is the second-lowest of all members.
Tom Lydon of ETF Trends also suggests investors have sent EWN higher this year thanks to the fund’s large allocation to consumer staples companies. Of course, the slow-and-steady returns of such stocks — including top holding Unilever (UN) — have also been nicely complemented by outsized returns in other sectors.
Second-largest holding ING Groep (ING), for example, boasts an 11% year-to-date climb to go with its 11% weighting, while ASML Holding (ASML) — the next-largest at 9% — blows that away with its 43% gain.