A Problem Area for Brazil ETFs

Up 54.3% year-to-date, the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest exchange traded fund tracking Brazilian equities, is one of 2016’s best-performing single-country emerging markets ETFs. However, some of the wind has come out of EWZ’s sails in recent weeks. EWZ slid almost 4.2% last week and over the past month, the ETF…Click to read more at ETFtrends.com.