Today's Daily Screen covers emerging markets funds, the kind of aggressive offerings that focus on stocks of companies based in developing markets, primarily in Latin America and Asia.
As usual, we've screened for funds that beat the category's average return over the last one- and three-year periods, according to
. The top 10 are ranked by one-year returns in the first table.
The second table lists the 10 most popular stocks among the funds on the top-10 list. It was compiled by creating an equally weighted portfolio of the 10 funds and screening for their 10 biggest holdings. Even though these funds have a broad range of companies and countries to choose from, they have many holdings in common and several are traded in the U.S. through American depositary receipts, or ADRs.