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Best and Worst ETFs of 2011

By Ben Steverman - 2011-12-20T03:31:39Z

Photograph by Justin Mott/Bloomberg

15 of 23

Market Vectors Vietnam ETF

Total return: -39.5%

Fund company: Van Eck Associates

Industry focus: Country

Fund ticker/Total assets: VNM, $211 million

Top holdings, with 2011 total return:

Bao Viet Holdings (BVH:VN), -5.7%

Vincom JSC (VIC:VN), -6.2%

Premier Oil (PMO), +16%

Vietnam faced an inflation rate of close to 20 percent and slowing economic growth. The government said in December it expects the growth of gross domestic product to slow to 6 percent in 2011, from 6.8 percent in 2010.