January 31, 2013 at 09:24 AM EST
Emerging Market ETFs Lagging as U.S. Economy Stalls
Emerging market ETFs underperformed developed economies in January with Egypt and South Africa funds off to the worst start in 2013 for the category. The iShares MSCI Emerging Markets (NYSEArca: EEM) was down 0.5% as of Jan. 30 while the SPDR S&P 500 (NYSEArca: SPY) gained 5.4%, according to...
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