This month (August 2013) the northern European countries did slightly worse, trailing the EAFE Index by 0.42% but still beating the S&P 500 by 1.13%. (The S&P 500 was down -2.90% during August 2013.)
Meanwhile iShares Europe ETF (IEV) was down 1.24% during the month. IEV is cap weighted and 33.12% in the United Kingdom (-0.43% for August 2013), 14.44% in Switzerland (-1.97%), and 14.31% in France (-4.84%).
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