---
title: "October Country Rankings"
url: https://accuvestblog.com/2016/10/07/october-country-rankings/
description: "Our latest Country Rankings are out. See below for some general comments and click the link to see more details. China leads the way, ranked #1 for its second."
published: 2016-10-07
updated: 2016-10-07
---

# October Country Rankings

Published 2016-10-07

October 7, 2016 · by [Dustin Blodgett](https://accuvestblog.com/author/agadustinblodgett/) · Filed under [Portfolio Notes](https://accuvestblog.com/category/portfolio-notes/)

Our latest Country Rankings are out. See below for some general comments and click the link to see more details.

- China leads the way, ranked #1 for its second consecutive month. China saw some deterioration in its Risk rank, but saw equal improvement in its Momentum rank.
  - After a slow start to the year, China is now up 13.40% in just the last three months
- South Korea is ranked #3, and we spent considerable time discussing whether or not to hedge the Korea Won. Ultimately, we decided to continue with our hedge.
  - Korea has a Growth/PE ratio of 1.50%, the best in our universe.
- The United States saw the biggest overall drop in our rankings, dropping from 4th to 10th. The U.S. saw its biggest deterioration in its 3mo momentum, and saw a significant increase in downside volatility.

Issue attachment (not archived)October Country Notescountry-portfolio-notes-oct-2016.pdf