Well friends, if you’re Polish, you’ve got a little extra reason to hold your head high these days.
The top-performing country ETF in the world this year? Yep.. Poland.
Check this out: it's up a staggering 41% year-to-date. Sure, a big part of that surge comes from the strength of the Polish złoty, but still this is a serious flex in a year where most ETFs and indexes are swimming in red.
Not bad, Polska. Not bad at all.
In general the Polish market is doing very well compared to its counterparts. The WIG20, which is a capitalization-weighted stock market index of the twenty largest companies on the Warsaw Stock Exchange, is up almost 25% since January 1st.
In the United States, the Dow Jones is down almost 7% on the year.
The German DAX is up 9% YTD.
The Eurozone Stock Index is up only 3%.
Japan is down 10% YTD.
