What are the best country ETFs?
When it comes to selecting a country ETF to invest in, there is nothing more popular than investing in a US-linked ETF like the SPDR S&P 500 ETF (SPY). This is not surprising given the liquidity and popularity associated with US-linked ETFs. For an equal weight ETF that is linked to the US, you may want to check out the iShares MSCI Equal Weight ETF USA (ticker: USA). However, the EUSA ETF has underperformed the SPY ETF (market capitalization weighted) historically, as large-cap stocks outperformed their smaller-cap counterparts. I recently wrote an article to highlight the performance of ETFs from various countries. Based on YTD 2023 (as of May 4, 2023), the best-performing country ETF is none other than the Global X MSCI Nigeria ETF, which has returned nearly 30% since the start of the year. However, this country ETF also has one of the worst price performances in 10 years…