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AFK - China Stocks Still Posting Wide Lead For Global Equities In 2020
VanEck Vectors-Africa Index
The recent round of selling has taken a bite out of stocks around the world, but the year-to-date results continue to favor China's equities by a wide margin, based on a set of US-listed exchange-traded products representing the major regions of the world through yesterday's close (Sept. 10).
Although iShares MSCI China (MCHI) has been pinched this week, the fund remains the clear performance leader in 2020. At Thursday's close, MCHI was up 12.6% year to date.
MCHI's rise this year is well ahead of the second-best performer: US stocks via SPDR S&P 500 (SPY),