Even Mexico and Canada, which were directly hit with U.S. tariffs, are outperforming Wall Street. The post While U.S. Stock Market Hobbles, These International Markets Rally; Two Are Up 23% appeared first on Investor's Business Daily.
iShares MSCI EAFE ETF focuses on developed market equities with a 0.32% expense ratio, suitable for tactical allocation, not core holding. EFA's high exposure to cyclical sectors increases downside risk during economic downturns and limits upside potential due to low technology stock allocation. EFA has underperformed the S&P 500 due to limited tech exposure, with a 71.3% return over the past decade versus the S&P 500's 248.6%.
EFA and SPY are both in bullish conditions, trading above their upward-sloping 10-month EMAs and showing long-term uptrends. Despite EFA's positive performance, it has consistently underperformed SPY, both in September and over the past five years. Relative strength charts indicate EFA's underperformance; significant improvement is needed before considering a larger allocation to EFA.
EFA EFA 4 months ago | Other | MX$21.4 Per Share |
EFA EFA 10 months ago | Other | MX$25.68 Per Share |
EFA EFA 20 Dec 2023 | Other | MX$15.88 Per Share |
EFA EFA 7 Jun 2023 | Other | MX$22.79 Per Share |
EFA EFA 13 Dec 2022 | Other | MX$5.27 Per Share |
EFA EFA 4 months ago | Other | MX$21.4 Per Share |
EFA EFA 10 months ago | Other | MX$25.68 Per Share |
EFA EFA 20 Dec 2023 | Other | MX$15.88 Per Share |
EFA EFA 7 Jun 2023 | Other | MX$22.79 Per Share |
EFA EFA 13 Dec 2022 | Other | MX$5.27 Per Share |
XMEX Exchange | United States Country |