In this article, we will discuss the 5 best performing country ETFs in 2022. If you want to explore similar ETFs, you can read 10 Best Performing Country ETFs in 2022.
5. iShares MSCI Mexico ETF (NYSEARCA:EWW)
YTD Return as of December 8: 3.10%
The iShares MSCI Mexico ETF (NYSEARCA:EWW) uses a representative sampling technique to mirror the performance of the MSCI Mexico IMI 25/50 Index. The fund invests in growth and value stocks across varied market caps. The iShares MSCI Mexico ETF (NYSEARCA:EWW) has gained 3.10% year to date, as of December 8, and is one of the best performing country ETFs in 2022.
The iShares MSCI Mexico ETF (NYSEARCA:EWW) has an expense ratio of 0.50% and pays out dividends semiannually. The fund is offering a yield of 2.89%. There are 48 total holdings in the fund’s portfolio, concentrated in the consumer defensive, financials, industrials, and materials segments. The iShares MSCI Mexico ETF (NYSEARCA:EWW) has a top ten holdings concentration of 64.61%.
One of the most notable holdings of the iShares MSCI Mexico ETF (NYSEARCA:EWW) is América Móvil, S.A.B. de C.V. (BMV:AMXL), a leading Mexican telecommunications company and among the largest corporations in the world, valued at MXN 1.20 trillion, as of December 8.
4. iShares MSCI Kuwait ETF (BATS:KWT)
YTD Return as of December 8: 5.37%
The iShares MSCI Kuwait ETF (BATS:KWT) is an exchange traded fund that invests in the public equity markets of Kuwait. The fund mirrors the performance of the MSCI All Kuwait Select Size Liquidity Capped Index and employs a representative sampling technique. The fund invests in growth and value stocks of companies that operate across a diverse range of sectors, but has concentrated its investments in financials, industrials, and real estate.
The iShares MSCI Kuwait ETF (BATS:KWT) has an expense ratio of 0.74% and is offering a yield of 7.98%. As of December 8, the fund has gained 5.37% year to date, outperforming the S&P 500 by over 22%. The iShares MSCI Kuwait ETF (BATS:KWT) is ranked high among the best performing country ETFs in 2022.
Agility Public Warehousing Company K.S.C.P. (AGLTY.KW) is among the top holdings of the iShares MSCI Kuwait ETF (BATS:KWT). Agility Public Warehousing Company K.S.C.P. (AGLTY.KW) is a leading Kuwaiti supply chain services provider and is worth KWF 1.19 billion on the open market, as of December 8.
3. iShares MSCI Brazil ETF (NYSEARCA:EWZ)
YTD Return as of December 8: 8.73%
The iShares MSCI Brazil ETF (NYSEARCA:EWZ) uses a representative sampling technique to track the performance of the MSCI Brazil 25/50 Index and invests in both growth and value stocks of companies of various sizes. As of December 8, the fund has gained 8.73% and is placed high on our list of the best performing country ETFs in 2022.
The iShares MSCI Brazil ETF (NYSEARCA:EWZ) has a major portion of its portfolio in the financials, materials, and energy segments. The fund has 58 holdings and a top ten holdings concentration of 58.04%. The iShares MSCI Brazil ETF (NYSEARCA:EWZ) has an expense ratio of 0.58% and is offering a yield of 11.94%.
Among the top holdings of the iShares MSCI Brazil ETF (NYSEARCA:EWZ) is Vale S.A. (NYSE:VALE), a leading Brazilian mining company. On November 23, Deutsche Bank analyst Liam Fitzpatrick raised his price target on Vale S.A. (NYSE:VALE) to $20 from $19 and upgraded the stock to Buy from Hold. As of September 30, GQG Partners is the largest investor in Vale S.A. (NYSE:VALE) and has a position worth $285 million.
2. iShares MSCI Chile ETF (BATS:ECH)
YTD Return as of December 8: 16.46%
The iShares MSCI Chile ETF (BATS:ECH) is an exchange traded fund that invests in public equity markets of Chile. The fund uses a representative sampling technique to mirror the performance of the MSCI Chile IMI 25/50 Index. As of December 8, the iShares MSCI Chile ETF (BATS:ECH) has gained 16.46% year to date and has outperformed the S&P 500 by over 33%. The iShares MSCI Chile ETF (BATS:ECH) ranks high among the best performing country ETFs in 2022.
The iShares MSCI Chile ETF (BATS:ECH) has an expense ratio of 0.58% and pays dividends semiannually. The fund has a yield of 8.44% and has investments concentrated across the materials, utilities, and financials segments. The iShares MSCI Chile ETF (BATS:ECH) has 82 holdings and a top ten holdings concentration of 67.88%.
Banco Santander-Chile (NYSE:BSAC) is among the top ten holdings of the iShares MSCI Chile ETF (BATS:ECH). Banco Santander-Chile (NYSE:BSAC) is among the major banks of Chile and is worth $7.30 billion on the open market, as of December 8. On October 26, Scotiabank analyst Jason Mollin upgraded Banco Santander-Chile (NYSE:BSAC) to Outperform from Sector Perform and revised his price target to CLP 41 from CLP 44. As of September 30, Ariel Investments is the top investor in the company and has a position worth $14.39 million.
1. iShares MSCI Turkey ETF (NASDAQ:TUR)
YTD Return as of December 8: 75.24%
The iShares MSCI Turkey ETF (NASDAQ:TUR) invests in public equity markets of Turkey. The fund tracks the performance of the MSCI Turkey IMI 25/50 Index and employs a representative sampling technique. The iShares MSCI Turkey ETF (NASDAQ:TUR) has an expense ratio of 0.58% and is yielding 1.98%. As of December 8, the fund has gained 75.24% year to date and has outperformed the S&P 500 by over 92% in 2022. The iShares MSCI Turkey ETF (NASDAQ:TUR) is one of the best performing country ETFs in 2022.
The iShares MSCI Turkey ETF (NASDAQ:TUR) has investments in both growth and value stocks of companies of different market capitalizations. The fund has 66 holdings, a majority of which is concentrated in the materials, industrials, and financials segments. The fund has a top ten holdings concentration of 48.65%.
Turkiye Garanti Bankasi A.S. (OTC:TKGBY) is one of the most notable holdings of the iShares MSCI Turkey ETF (NASDAQ:TUR). Turkiye Garanti Bankasi A.S. (OTC:TKGBY) is a leading Turkish bank that is valued at $5.81 billion on the open market, as of December 8. On October 26, Societe Generale analyst Alan Webborn upgraded Turkiye Garanti Bankasi A.S. (OTC:TKGBY) to Buy from Hold and reiterated his TRY 30 price target on the stock.
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