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Throw a dart at the globe, and you’ll probably land on a country that boasts a strong stock market return . That’s not the case, however, for the Kingdom of Saudi Arabia. The iShares MSCI Saudi Arabia ETF ( KSA ) is down by more than 10% in 2025, sharply underperforming the All-Country World Index and even the US stock market, which is a notable YTD laggard. ...