The U.S. is not the place to be for investors in 2026 so far. Where they are turning to for gains

• The biggest winners this year are all abroad.

• Emerging markets stocks represented by the iShares MSCI Emerging Markets ETF (EEM) are higher by more than 6% this year, while all non-U.S. equities in the iShares MSCI ACWI ex U.S. ETF (ACWX) gaining more than 5%.

• The U.S. market has lagged in comparison, with the S&P 500 in negative territory year to date.

https://www.cnbc.com/2026/03/04/the-us-is-not-the-place-to-be-for-investors-this-year-so-far.html