Minyanville profiles 4 ETFs today, including our own PIE, as a way to get exposure to some of the best performing emerging markets this year- Indonesia and Thailand:
Editor’s Note: This content was originally published on Benzinga.com by The ETF Professor.
Unless you’ve been living in a cave, you know that the iShares MSCI Thailand Investable Market Index Fund (THD) and the Market Vectors Indonesia ETF (IDX) have sizzled in 2010. And with good reason. After all, those two markets are the only Asian markets officially in bull-market territory.
But what’s an investor who may want exposure to both markets or several other emerging markets along with Indonesia and Thailand in a single ETF to do?
Given how well Indonesia and Thailand have performed and how many emerging marketsETFs represent plays on multiple markets, there aren’t a ton of options capturing Indonesia and Thailand in a single fund, but there are few.
Here’s a quartet of ETFs that offer exposure to both Indonesia and Thailand.
1. SPDR S&P Emerging Asia Pacific ETF (GMF):
Don’t get too excited if you’re hunting for Indonesia or Thailand exposure here because GMF allocates more than 35% of its weight to China. Indonesia checks in at 4.45% and Thailand gets almost 3.6% of this fund’s weight.2. SPDR S&P Emerging Markets Small Cap ETF (EWX):
Same goes for EWX, which is a great fund, but its weights to Indonesia and Thailand disappoint at 3.05% and 2.75%, respectively. Taiwan represents almost one-third of EWX’s weight.3. PowerShares DWA Emerging Markets Technical Leaders ETF (PIE):
Alright, now we’re getting somewhere. Indonesia and Thailand combine for almost 21% of PIE’s weight. The fund is a solid performer in its own right, though it hasn’t grabbed many headlines this year.See also, Time to Grab a Piece of This PIE ETF?
4. WisdomTree Emerging Markets SmallCap Dividend ETF (DGS):
While short on Indonesia exposure (just about 2.6%), DGS does allocate almost 10.5% of its weight to Thailand, making it an interesting option for the investor that’s long IDX, but doesn’t have any Thai exposure in his portfolio.
See www.powershares.com for more information.
