Internet2k4

Broad Emerging Market ETFs

EEM / VWO are reasonably spread among countries that have something going for them apart from energy / commodities, which you might own in other instruments. (I think the first thing to ask is "do I already own this story in some other way?) EEM / WVO are weak on the emerging Euro-zone Eastern Europe, which I play through EWO (Austria) but there is a new one (GUR) holding the countries themselves. I much prefer Canada to Latin America, South Africa, et al as an oil / metals country, which is even more fiscally more stable than the USA and has a strong banking sector, too.