Is Germany’s Leading ETF Poised for Sustained Growth?

Monday witnessed a notable uptick for the iShares MSCI Germany ETF (EWG), fueled by investor optimism surrounding a potential resolution to the US government shutdown. This rebound highlights the fund’s continued sensitivity to global catalysts, even in the face of mixed domestic economic indicators from Germany.

The ETF’s performance reveals contrasting trends across different time horizons. While it declined by 0.78% over the past week and saw a more significant drop of 4.26% over the last month, its year-to-date performance remains robust with a substantial gain of 27.42%. Looking back over twelve months, the fund has delivered an impressive 24.52% return. Investors benefit from ample liquidity, as the fund boasts an Read more...