is it which international developed stock is performing best
Which International Developed Stock Is Performing Best
is it which international developed stock is performing best — this article answers that question by explaining how investors identify top-performing equities and funds that are domiciled or listed in developed markets outside the investor’s home country. You will learn definitions, measurement methods, benchmark context, recent market drivers (notably the 2024–2026 non‑U.S. rebound and U.S. dollar moves), where to find up‑to‑date leaderboards, and practical ways to gain exposure including Bitget exchange and Bitget Wallet options.
This guide is for beginners and intermediate investors who want a systematic approach rather than chasing headlines. It covers firm-level winners, fund/ETF leaders, style and regional patterns, the principal drivers of outperformance, key risks, and the best tools to verify current top performers.
Scope and definitions
Definition: an "international developed stock" generally means a company that is domiciled, headquartered, or principally listed in a developed-market country outside the investor’s home market. For a U.S. investor, that means companies listed in markets such as Japan, the United Kingdom, continental Europe, Canada, Australia, and other OECD/FTSE/MSCI-classified developed markets.
Related terms explained:
- Developed markets: equity markets classified by index providers (MSCI, FTSE) as high‑income, broadly regulated markets with established capital markets.
- Ex‑U.S.: shorthand for excluding U.S.‑listed securities; commonly used in fund names (e.g., "developed ex‑U.S.").
- ADRs (American Depositary Receipts): certificates that allow U.S. investors to hold foreign shares via a U.S. exchange listing. ADRs provide access but also introduce differences in trading hours and sometimes liquidity.
- International ETFs/funds: pooled investment vehicles tracking foreign indexes or actively managed international developed mandates. They are a common way to access diversified exposure to developed non‑U.S. stocks.
Throughout this article we use "international developed stock" in the above sense. The practical answer to the user question "is it which international developed stock is performing best" depends on measurement choice, timeframe, and currency translation.
How performance is measured
Investors and data providers measure "best performing" in several ways. Key metrics include:
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Price return: change in share price over a period (ignores dividends). Useful for short‑term leaderboards but incomplete for long‑term comparisons.
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Total return: price change plus reinvested dividends and cash distributions. This is the preferred metric for long‑term performance because many developed‑market firms pay material dividends.
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Trailing returns: returns over the past 1‑year, 3‑year, and 5‑year periods. These are commonly reported on leaderboards and fund pages.
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Annualized returns: converts multi‑year performance into a comparable yearly rate.
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Risk‑adjusted measures: Sharpe ratio and other metrics that adjust returns for volatility or downside risk. A high raw return with extreme volatility may be less attractive on a risk‑adjusted basis.
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Relative returns vs. benchmark: a stock or fund’s outperformance measured against an index (for instance, MSCI EAFE or MSCI World ex‑US).
Currency translation is critical. For investors whose reporting currency differs from the stock’s local currency, currency moves can materially change reported returns. For example, a 5% appreciation in a foreign currency against the U.S. dollar will add roughly 5% to dollar‑reported returns for U.S. investors, independent of the underlying local price move. Conversely, a strengthening dollar can erase local market gains when measured in dollars.
When answering "is it which international developed stock is performing best", always clarify whether you mean local‑currency or investor‑currency returns.
Benchmarks and indexes
Benchmarks give context to the question of "best". Major indices used to compare international developed performance include:
- MSCI World: represents large‑ and mid‑cap stocks across 23 developed markets, including the U.S.
- MSCI World ex‑US (also called MSCI World ex‑USA): the MSCI World index excluding U.S. securities — often used when asking which international developed stocks or funds are leading outside the U.S.
- MSCI EAFE: tracks developed markets in Europe, Australasia and the Far East — a long‑standing benchmark for ex‑North America developed exposure.
- MSCI Developed Markets: a broader developed markets index that may include Canada and others depending on the provider’s classification.
- FTSE Developed indices: FTSE offers comparable developed market indices used by many ETFs and funds.
Indices matter because a stock or fund may be the "best" relative to a small cap peer group but still lag the broad developed benchmark. When checking leaderboards, always note the reference index used for comparison.
Recent market context (2024–2026)
As of December 31, 2025, several market narratives shaped which international developed stocks and funds outperformed. According to Bloomberg and market strategists, the period from 2024 into 2026 saw a notable rebound across many non‑U.S. developed markets. Key influences included:
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Currency moves: a broadly weaker U.S. dollar in parts of 2025 amplified dollar‑reported gains for U.S. investors holding foreign equities. As of late 2025, multiple reports said currency translation accounted for a material portion of the annual outperformance in developed ex‑U.S. indices.
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Regional macro and policy drivers: in Europe and Japan, corporate restructuring, fiscal and industrial policies, and higher allocation to cyclicals and dividend payers supported equity gains.
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Sector leadership shifts: utilities, financials, energy, and select industrials outperformed in certain developed markets, while some technology subsectors lagged outside the U.S.
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Investor flows: institutional rebalancing and ETF inflows into developed ex‑U.S. strategies reinforced the rally in select markets.
Sources covering these dynamics in 2024–2026 include Fidelity outlooks, Forbes market pieces, Bloomberg headlines and Hartford Funds commentary. These reports emphasized that currency moves and sector composition were often decisive in year‑to‑year winners among developed market stocks and funds.
Top-performing developed-market stocks (company-level)
How single-company top performers are identified:
- Relative returns: ranking companies by 1‑year, 3‑year or 5‑year total returns in a given developed market or overall ex‑U.S. universe.
- Sector concentration: top performers in a given year frequently cluster in one or two sectors (for example, energy and materials in a commodity upswing or financials and industrials during cyclical recoveries).
- Timeframe sensitivity: a stock that is the 1‑year winner may not feature among 3‑ or 5‑year leaders.
Where to find current leaderboards:
- Financial news leaderboards and heat maps publish rolling top performers by region and sector.
- Professional data terminals and index providers (e.g., MSCI, Bloomberg) offer sortable lists of equities by return and market cap.
- Retail platforms and broker dashboards provide filterable tables for international listings and ADRs.
Examples and caveats
Be aware that lists of "best" stocks change quickly. A firm that topped returns in 2025 could underperform dramatically the next year. Historical winners often reflect momentary exposures (commodity price spikes, one‑off M&A premiums, currency moves or share buybacks) rather than persistent alpha.
Past analysis by Motley Fool and others repeatedly warns that chasing the last year’s top performers is risky. Fundamental checks — revenue growth, margins, balance sheet strength, governance, and valuation — remain essential.
Top-performing international funds and ETFs (fund-level)
Why funds and ETFs are often the preferred access vehicle:
- Diversification: funds aggregate many securities, reducing single‑name idiosyncratic risk.
- Liquidity and tradability: ETFs trade intraday and are simple to buy via major brokers and exchanges. For custody and trading in crypto/cross‑asset platforms, Bitget supports fiat and crypto integrations alongside market access tools.
- Strategy breadth: funds exist for broad ex‑U.S. developed exposure, single‑country plays (e.g., Japan), regional baskets (Europe developed), style exposures (value, dividend, small cap), and factor strategies.
Common fund/ETF categories for developed international exposure:
- Broad ex‑U.S. developed ETFs: track MSCI World ex‑US or MSCI EAFE style indexes.
- Regional ETFs: Europe developed, Japan, Australasia.
- Single‑country funds: Japan, UK, Canada, Australia.
- Style and factor funds: international value, low volatility, dividend or quality‑tilt funds.
- Active international developed funds: managed portfolios that seek to outperform a developed‑markets benchmark.
Notable fund/ETF performers and screener considerations
How to evaluate leading funds/ETFs:
- 1‑year and multi‑year returns: recognize time horizon differences.
- Expense ratio: lower fees compound into better net returns over time.
- Tracking error: for index funds, low tracking error indicates tight replication.
- Assets under management (AUM) and liquidity: larger funds typically have tighter bid‑ask spreads.
- Index tracked and holdings: check sector and country weights to understand why a fund outperformed.
Screeners from Morningstar and retail sites such as NerdWallet and US News highlight funds that led in given periods. Look for funds whose performance aligns with your timeframe and whose exposures match your thesis (for example, Japan large caps vs. Europe cyclicals).
Recent coverage through 2024–2026 flagged several ex‑U.S. funds and regional ETFs that outpaced global peers due to concentrated sector and country exposures benefitting from the cycle and currency tailwinds. When a fund’s outperformance is concentrated in a few holdings or a single country, note the concentration risk.
Style and sector patterns in developed international markets
Style patterns observed among developed markets outside the U.S. included:
- Value and high‑dividend outperformance: many non‑U.S. developed markets have higher representation in financials, energy, materials and telecoms, which led to better returns for value and dividend‑oriented strategies in certain periods.
- Growth versus quality dynamics: while U.S. markets remained growth‑heavy (with sizable technology weight), international developed markets sometimes saw quality and cyclical sectors outperform.
Schroders and other asset managers documented persistent regional style differences. For investors asking "is it which international developed stock is performing best", understanding whether regional leaders are style‑driven helps set expectations for future performance under different macro regimes.
Regional differences within developed markets
Developed markets are heterogeneous. Key regional distinctions:
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Europe: performance often tied to industrial cycle, commodity prices, export demand and policy reforms. Corporate restructuring and dividend policies in several European markets supported total returns in the 2024–2026 window.
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Japan: corporate governance reforms, share buybacks and an improving domestic cycle led to outsized returns in some years. Japan can also benefit from yen weakness or strength depending on global capital flows.
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Australia and Canada: commodity exposure and energy/mining stocks can drive large swings in performance during commodity cycles.
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Nordics and Switzerland: often offer a mix of defensive and high‑quality exporters; performance correlates with global demand and currency shifts.
Single‑country drivers — such as reform packages, defense/infrastructure spending, or sector restructuring — can produce country‑level leaders among developed markets. Bloomberg and Fidelity commentary in 2025 emphasized that these single‑country stories explained much of the outperformance in select markets.
Key drivers of relative outperformance
Principal drivers include:
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Currency movements: for U.S. investors, dollar weakness in 2025 materially boosted reported returns of foreign equities. Currency effects can explain a substantial share of a fund’s outperformance in a calendar year.
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Valuation re‑rating: markets can revalue sectors or countries after prolonged underperformance, producing sizable capital gains.
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Sector composition: indices with higher exposure to rising sectors will naturally outperform.
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Domestic fiscal and policy shifts: stimulus, industrial policy, taxation and regulatory changes can catalyze sector rotation and country outperformance.
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Investor flows: ETF inflows into certain regional funds can mechanically lift prices and lead to momentum that further attracts capital.
Hartford Funds and Fidelity notes point to currency and sector mix as frequent explanations when international developed markets unexpectedly outperform on a multi‑month basis.
Risks and considerations for investors
When seeking the "best" international developed stocks, consider these risks:
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Currency risk: exchange rate moves can magnify or erase local returns. Hedged and unhedged fund options behave differently.
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Political and regulatory risk: even developed markets vary in regulatory regimes, and policy shifts can alter company profitability.
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Corporate governance and disclosure differences: investor protections and reporting quality can differ across jurisdictions.
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Concentration risk: top performance often clusters in a few companies or sectors, increasing volatility.
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Chasing short‑term winners: momentum can reverse. Past performance does not guarantee future results.
This article does not provide investment advice. Readers should perform due diligence and consider diversification rather than concentrating on headline winners.
How to find current top performers (practical resources)
Tools and data sources investors use:
- Real‑time financial news leaderboards (e.g., market pages and heat maps that display top gainers across regions).
- Fund and ETF screeners (Morningstar, broker platforms) to sort funds by returns, expense ratio and holdings.
- Index provider sites (MSCI, FTSE) for index returns and methodology.
- Independent financial sites (NerdWallet, Motley Fool, US News) for curated fund/stock lists and commentary.
Best practices:
- Verify whether returns are price or total returns.
- Check currency denomination (local vs. reporting currency).
- Review index methodology when comparing funds.
- Cross‑check multiple sources to avoid survivorship bias and data inconsistencies.
As of November 15, 2025, several aggregator sites reported that developed ex‑U.S. leaderboards were dominated by cyclical names and funds with concentrated country exposure — always check holdings and methodology before inferring persistent outperformance.
Investment access and implementation options
Ways to gain exposure to international developed stocks:
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Direct purchase of foreign‑listed shares or ADRs: direct ownership gives precise exposure but can involve multiple custodial arrangements and trading hours. For custody integrated with a multi‑asset platform, consider Bitget Wallet for secure custody and cross‑asset view if you also manage digital assets.
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International mutual funds and ETFs: the most common route for diversified exposure. Choose between broad ex‑U.S. funds, regional funds, country funds, or style‑specific funds.
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Allocation strategies: core/satellite approaches work well — use a broad indexed fund as a core holding and targeted active or thematic funds as satellites.
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Hedging currency exposure: some funds offer currency‑hedged share classes; these reduce FX volatility but add tracking and cost considerations.
Practical note: Bitget provides tools for order execution and a Bitget Wallet for secure custody; users should confirm product availability and jurisdictional access through their Bitget account pages.
Historical perspective and long-term performance trends
Over multi‑decade horizons the U.S. market often outperformed many international developed markets, driven by sustained outperformance of large U.S. technology firms. However, equity returns are cyclical; international developed markets have periodic rebounds where they outperform for years at a time.
Diversity across markets and sectors means international holdings can offer diversification benefits. Historical research (e.g., long‑term returns reviewed by Forbes and asset managers) shows that periodic international rebounds can materially improve portfolio outcomes when timed or captured through diversified strategies.
FAQ: Common questions about identifying the “best” international developed stock
Q: Should I chase last year’s top performer? A: Chasing last‑year winners is risky. Past outperformance may reflect one‑off drivers. Focus on fundamentals and diversification.
Q: How much should I allocate to international developed markets? A: Allocation depends on your risk tolerance and goals. Many global allocation frameworks suggest a meaningful international developed allocation, but there is no one‑size‑fits‑all rule.
Q: How do currency changes affect my returns? A: Currency moves can add or subtract from returns independently of local price changes. Use hedged funds if you want to reduce currency volatility.
Q: Where can I check the current best performers? A: Use real‑time leaderboards from financial news, fund screeners from Morningstar or broker platforms, and index provider pages from MSCI or FTSE. Cross‑reference to confirm methodology.
See also
- MSCI indexes and index methodology
- International ETFs and fund selection
- Currency risk and hedged funds
- Value vs. growth investing
- Emerging markets vs. developed markets exposure
References and further reading
- MSCI index documentation and methodology (MSCI) — for index compositions and definitions. As of December 31, 2025, MSCI developer notes summarize market classifications.
- Fidelity international outlooks — coverage of regional performance drivers and currency impacts (reports through 2024–2025).
- Bloomberg market coverage and leaderboards — ongoing reporting on top performers and regional rotations (sample dates: 2024–2025 reporting windows).
- Morningstar fund rundowns and ETF screener — data on expense ratios, holdings and historical returns.
- NerdWallet and US News fund/ETF comparisons — practical screener insights and retail summaries.
- Motley Fool company and fund commentary — stock‑level ideas and cautions about chasing winners.
- Schroders style analysis — research on value vs. growth performance outside the U.S.
- Hartford Funds commentary — notes on currency effects and international allocation.
Readers should consult the latest editions of the above sources for current performance data and check reporting dates in each source.
Updates and maintenance
Leaderboards and rankings change frequently. This article should be reviewed and updated at least quarterly with fresh performance data, and the fund/ETF examples replaced with current high‑performers verified against primary data sources. For trade execution and custody of securities and cross‑asset positions, explore Bitget exchange services and the Bitget Wallet for secure storage and multi‑asset management.
Further exploration: if you want a tailored walkthrough of current leaderboards for a specific date range (1‑yr, 3‑yr, or 5‑yr) or a sector/country focus, request a live data pull and I will outline the current top performers and their key metrics.
As of December 31, 2025, according to Bloomberg and regional strategists, non‑U.S. developed markets posted material gains relative to prior years; analysts cited currency translation and sector composition as decisive factors. As of November 15, 2025, Morningstar and NerdWallet screeners highlighted several ex‑U.S. ETFs and country funds among the top performing fund lists for the trailing 12‑month window.
These date‑stamped references indicate the time window covered by market commentary cited above. Always verify numbers and holdings against the latest provider data before making allocation decisions.
Final notes and next steps
If your goal is to answer "is it which international developed stock is performing best" for a specific timeframe and currency, the fastest approach is:
- Define the timeframe and whether you want price or total returns.
- Choose the reporting currency (local vs. USD or your base currency).
- Pull leaderboards from a trusted data source (Bloomberg, Morningstar, MSCI) and cross‑check holdings and concentration.
- Evaluate risk factors (currency exposure, governance, concentration) and match exposure to your allocation plan.
To act on exposure, consider core international developed ETFs or funds for diversified core positions and use targeted country or sector funds as satellites. For execution and custody features, review Bitget exchange services and Bitget Wallet for integrated access and secure storage.
Explore more in the Bitget knowledge base for step‑by‑step guides on placing international equity orders, using the Bitget Wallet for custody, and comparing hedged vs. unhedged fund share classes.
























