June 28, 2019—If you’ve been invested in international developed country stocks over the last ten years, you would have done much better investing in the international consumer staples, health care, and information technology sectors, rather than in financials or energy (see Figure 1). Why has this been the case?
Figure : International developed stocks (MSCI EAFE) by sector
10-year annualized returns
Data as of May 31, 2019
The MSCI EAFE Index returned 6.