Most of world indices are in negative on year to date 2008. Let's have a look at international stocks listed on US markets which are beating performance and also stocks that are below.

Measured by Bank of New York ADR indices leaders are:

Brazil ADR Index 6.54%
Mexico ADR Index 3.63%

Brazil ADR Index main constituents: COMPANHIA VALE A (RIO), ISHARE MSCI BRAZ (EWZ), PETROLEO BRASILE (PBR), BANCO BRADESCO A (BBD), COMPANHIA SIDER (SID), VIVO PARTICIPACO (VIV)
Mexico ADR Index main constituents: TELVISA SA (TV), CEMEX SAB DE CV (CX), ISHARE MSCI Mexico (EWW),TELEFONOS DE MEX (TMX), FOMENTO ECONOMIC (FMX), DESARROLLADORA H (HMX), MEXICO FUND INC (MXF)

And laggards:

China ADR Index -14.15%
German ADR Index -11.43%

China ADR Index main constituents: BAIDU (BIDU), SUNTECH POWER HL (STP), JA SOLAR HOLDING (JASO),LDK SOLAR CO ADR (LDK), CHINA TECHFAITH (CNTF), ISHARE MSCI Hong Kong (EWH), ISHARES TR FTSE (FXI)
German ADR Index main constituents: QIMONDA AG ADS (QI), ISHARE MSCI Germany (EWG), ALLIANZ SE (AZ), SAP AKTIENGESELL (SAP), DAIMLER AG (DAI), INFINEON TECH AD (IFX), DEUTSCHE TELE AG (DT)

Overall the worst performance since the beginning of the year is for European ADR ($BKEUR) with almost -8%. That's even below S&P 500. Others are above where the best Latin America ADR Index ($BKLA) 6% in positive YTD.