Widely held emerging markets exchange traded funds have done nothing to convince wary investors this year will be better than the last. The Vanguard FTSE Emerging Markets ETF and the iShares MSCI Emerging Markets ETF, the two largest emerging markets ETFs by assets, are both down more than 3% to start 2014. None of the four major BRIC single-country ETFs have posted gains in 2014. The major BRIC ETFs have been so bad to start the year that the WisdomTree India Earnings ETF is the best of the lot with a 2.2% loss.
