Of the G7 countries, Canada is on top with a gain of 13.56%. The UK (yes, the UK) ranks second with a YTD gain of 9.08%, but remember, this is in local currency, so it doesn’t factor in the 12% drop that the pound has seen this year. Priced in dollars, the UK’s stock market is down roughly 3.5% year to date. Even that doesn’t seem too bad, though, given the Brexit freak-out that occurred at the end of June.
The US is the only other G7 country in the black this year with a gain of 6.59%. Germany, France, Japan and Italy are all in the red, with Italy actually ranking dead last out of all countries at -21.82%. China ranks second to last with a decline of 15.11%, but the other three BRIC countries are solidly in the black.