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How Bad Is Europe?

The chart tracks the S&P 500 SPDR (SPY) against what I believe are all of the Eurozone ETFs; iShares France (EWQ), iShares Spain (EWP), iShares Germany (EWG), iShares Italy (EWI), iShares Belgium, iShares Netherlands (EWN), iShares Finland (EFNL) and Global X Greece (GREK). (click to enlarge) The YTD returns: SPY +7.63% EWQ +1.23% EWP -18.50% [...]
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