THD - Top-Performing iShares Country ETFs: May 2019
Country-specific exchange-traded funds are a great way for investors to take a position on local market equity return factors. While many of the world's largest foreign companies trade on U.S. exchanges as ADRs (American Depository Receipts), country-specific ETFs often provide investors unique exposure to a number of small-cap and less-liquid stocks not otherwise easily available for trading. Currency risk has an added importance for foreign stocks and country-specific ETFs. The return for an investor will be a combination of the local market security price performance along with the change in the foreign exchange rate against