Worst ETFs – Market Vectors India Small-Cap Index ETF (SCIF)
Before you jump to conclusions about two Market Vectors ETFs being a few of the year’s worst performers, it’s important to understand the Market Vectors India Small-Cap Index ETF (SCIF) is on the list.
Yes, bad performance definitely put SCIF here … but with most of the emerging markets doing poorly, there’s not much the fund could do to avoid its 35% drop.
Who knows, this emerging markets ETF could very well be one of the best ETFs in 2014. But still, the real problem for me is fees. The average investor shouldn’t be paying 0.91% annually for such a niche ETF when you can invest in something like the Vanguard FTSE Emerging Markets ETF (VWO) for 0.18% annually. Plus, the Vanguard emerging market ETF gives you plenty of India with more diversification and less volatility.