What Drove Biggest ETF Winners And Losers In Q1

Some of last year's worst-performing exchange traded funds roared back to lead the first quarter. Market Vectors India Small-Cap ETF (

) and Market Vectors Egypt Index ETF (

) spiked 34% each in the first quarter leading all nonleveraged ETFs. But they're still a far cry from recovering their respective 55.8% and 51.7% crashes last year. The benchmark iShares MSCI Emerging Markets Index (

) rose 12.4% in Q1 and the iShares MSCI EAFE Index