Here is a table listing some of the best performing and worst performing country stock markets as of the beginning of December 2018, with the first two columns showing 2018 year-to-date and 3-year total returns by country respectively. The next two columns show Price/Earnings ratios and historical earnings growth statistics by country. I chose to name this post “International Investing 2019”, as a table like this can be a handy starting point for deciding which country’s stocks may be relatively overvalued or undervalued. Simple reference tables like these have been among my most viewed posts, so do let me know if this or other data might be useful to post for reference. The data below are from a combination of Fidelity, Morningstar, and iShares, and most country ETFs tend to be iShares MSCI country ETFs, though there are a few from Global X (owned by Mirae Asset) and Van Eck.
These data are for US-listed ETFs, which are ideal for US taxable investors and IRA accounts. This post supplements my earlier one of top US-listed single country focused ETFs.
| Country | 2018 YTD | 3yr TR | P/E Ratio | Earnings Growth | ETF Ticker |
| Argentina | -26.5 | 13.1 | 15.3 | 16.6 | ARGT |
| Australia | -9.4 | 6.7 | 15 | 3.8 | EWA |
| Austria | -16.2 | 10.1 | 11 | 18 | EWO |
| Belgium | -15.8 | 1 | 15.2 | 18 | EWK |
| Brazil | -1.3 | 21.3 | 16.8 | 18.3 | EWZ |
| Canada | -10.1 | 6.7 | 14.6 | 6.2 | EWC |
| Chile | -15.3 | 12.6 | 17.1 | 0.8 | ECH |
| China | -13.3 | 9 | 11.1 | 18.9 | MCHI |
| China A-shares | -23 | -5.1 | 11.3 | 13.5 | ASHR |
| Colombia | -12.7 | 8.8 | 13.5 | 6.3 | ICOL |
| Denmark | -12.6 | 2.4 | 17.7 | 19.2 | EDEN |
| Egypt | -15.8 | -9.5 | 9.9 | 24.4 | EGPT |
| Finland | -7 | 4.9 | 15.7 | 21.4 | EFNL |
| France | -9.6 | 5.8 | 15.5 | 12.6 | EWQ |
| Germany | -17.9 | 1.8 | 12.7 | 11 | EWG |
| Greece | -25.3 | -1.8 | 12.1 | -4.6 | GREK |
| Hong Kong | -6.2 | 8.4 | 9.1 | 6 | EWH |
| India | -9 | 7.6 | 19.6 | 10.3 | INDA |
| Indonesia | -11.2 | 7.1 | 14.4 | 9 | EIDO |
| Ireland | -19.3 | -1 | 15.5 | 19.9 | EIRL |
| Israel | 4.6 | 3.1 | 14.1 | 12.4 | EIS |
| Italy | -15.1 | -1.7 | 11.8 | 34.1 | EWI |
| Japan | -9.2 | 4.5 | 12.6 | 11.6 | EWJ |
| Malaysia | -6.3 | 2.9 | 15.5 | 4 | EWM |
| Mexico | -18 | -6.9 | 14.3 | 7.9 | EWW |
| Netherlands | -10 | 7 | 15.1 | 28.8 | EWN |
| New Zealand | 3 | 13.7 | 11.8 | 17.5 | ENZL |
| Nigeria | -21.7 | -14.6 | 6.9 | 11.7 | NGE |
| Norway | 0.9 | 10.2 | 14.6 | 13.6 | NORW |
| Pakistan | -25.1 | -7.6 | 9.9 | 2.8 | PAK |
| Peru | -11.7 | 20.8 | 15.1 | 14.3 | EPU |
| Philippines | -16.7 | -2 | 17.3 | 7.5 | EPHE |
| Poland | -12.7 | 10.8 | 10.7 | 13.5 | EPOL |
| Portugal | -8 | 5.7 | 13.2 | 4.6 | PGAL |
| Qatar | 23 | 3.4 | 14.6 | -5.8 | QAT |
| Russia | -3 | 12.1 | 7.2 | 20.5 | RSX |
| Saudi Arabia | 11.9 | 6.9 | 16.3 | -1.7 | KSA |
| Singapore | -9 | 6.6 | 12.2 | 0.2 | EWS |
| South Africa | -22.5 | 4.8 | 12.2 | 15.1 | EZA |
| South Korea | -18.9 | 7.4 | 8 | 21.2 | EWY |
| Spain | -13.2 | 0.3 | 12.8 | 7.8 | EWP |
| Sweden | -10.6 | 2.2 | 13.3 | 9.9 | EWD |
| Switzerland | -4.9 | 4 | 21.2 | -6.7 | EWL |
| Taiwan | -7.8 | 9.7 | 11.7 | 10.2 | EWT |
| Thailand | -3.1 | 14.6 | ? | ? | THD |
| Turkey | -41.2 | -10.9 | 6.4 | 23.6 | TUR |
| United Arab Emirates | -11.1 | 0.8 | 10.9 | 3.4 | UAE |
| United Kingdom | -11.3 | 1 | 11.6 | 8.7 | EWU |
| Vietnam | -12.2 | 2.5 | 18.1 | 16.7 | VNM |
Enjoy this part of my “International Investing 2019” investment outlook by country, and I look forward to discussing retirement plan and taxable investment ideas with you.