Hey kids! Ever heard of ETFs? They're like baskets of company stocks. This news is about ETFs that invest in German companies, and they're doing really well this year! It's a bit surprising because President Trump talked about adding taxes on things like steel imported from Germany.
- German company stocks are going up in value.
- Some German ETFs are performing better than American ones.
- Even though there were worries about taxes on German steel, it hasn't hurt the ETFs much.
| ETF | Performance (so far this year) |
|---|---|
| iShares MSCI Germany ETF (EWG) | Up 10% |
| Global X DAX Germany ETF (DAX) | Up 11% |
| SPDR Dow Jones Industrial Average ETF Trust (DIA) | Up 5.2% |
| SPDR S&P 500 ETF Trust (SPY) | Up 3.5% |
