Thursday, August 6, 2009

EWZ Vastly Outperforming SPX: +72% vs +10%

Proof of concept re. the crash of the USD vs Brazilian real, the chart below shows the comparison between EWZ (Brazil fund) and the SPX year-to-date:

EWZ takes advantage of the rise of the Real.

EWZ: +71.87%
SPX: +10.39%

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