On the other side of the spectrum, digital currency bitcoin was the best performer this year, rising more than 100 percent as capital controls in places like China and isolationist rumblings in the U.K. and U.S. have fueled interest in alternate currencies.
the Russian ruble has been the best performer of the year as the oil market rebounded.
Brazil's Ibovespa stock index remains the best performer for 2016. This is largely due to hopes that President Michel Temer, who took office after Dilma Rousseff was impeached,
Nigeria's equity market fared worst in the year.
Natural gas was the standout, up more than 60 percent over the past 12 months
When it comes to U.S. high yield corporate bonds, a number of energy names were top performers as bets that oil would stabilize paid off.
Lastly, Anton Oilfield Services was the top performer when it comes to emerging market corporate bonds.