Why Largest Italy ETF is Down Nearly 10% YTD
This article was originally published on ETFTrends.com.
European stocks and the related exchange traded funds are struggling this year, a point highlighted by the iShares MSCI Italy Capped ETF (NYSEArca: EWI). EWI, the largest ETF dedicated to stocks in the Eurozone’s third-largest economy, is down nearly 10% year-to-date. The sudden decline in Italian assets intensified on worries that the Eurozone’s third largest [...]