---
title: "May Country Rankings"
url: https://accuvestblog.com/2017/05/09/may-country-rankings-2/
description: "The United States was up slightly, up 1.05%. Japan was the same, up 1.05%, and Europe as a whole was up 3.53%. Europe was the best performing region for the second."
published: 2017-05-09
updated: 2017-05-09
---

# May Country Rankings

Published 2017-05-09

May 9, 2017 · by [Dustin Blodgett](https://accuvestblog.com/author/agadustinblodgett/) · Filed under [Portfolio Notes](https://accuvestblog.com/category/portfolio-notes/)

Issue attachment (not archived)Country Portfolio Notes May 2017country-portfolio-notes-may-2017.pdf

- The United States was up slightly, up 1.05%. Japan was the same, up 1.05%, and Europe as a whole was up 3.53%. Europe was the best performing region for the second straight month. EM wasn’t far behind, up 2.19% during April. EM is still the best YTD, up 14%.
- All countries returns stayed positive so far for 2017. Canada is the worst performing country YTD, up 0.33%. The best is Poland, up over 31%.. The top countries are Poland (+31%), Turkey (+23.5%), and Spain, Korea, and Mexico (all up over 17%). The average country is up 12.62% YTD.
- Japan fell 9 spots to 16th This is due to deteriorating Fundamental dat. Japan has a 7.9% ROE vs a country avg. of 9.5%. We are currently hedging our Yen exposure.