Even as the eurozone threatens to undermine global growth and craters prices of broad market funds such as the SPDR S&P 500 ETF (NYSEArca: SPY), five ETFs look particularly promising. They focus on Poland, Turkey, solar energy and emerging market bonds, according to an article on Benzinga.
Following are the five ETFs highlighted in the Benzinga piece and some of the reasons they were included:
- Market Vectors Poland ETF (NYSEArca: PLND) − poised to benefit from Poland’s expanding export economy
- iShares MSCI Turkey Investable Market Index Fund (NYSEArca: TUR) − sound economic fundamentals with an increasingly vibrant services sector
- Guggenheim Solar ETF (NYSEArca: TAN) − more of a trade than a buy-and-hold, but there’s no denying the ETF is currently on a roll
- PowerShares Emerging Markets Sovereign Debt ETF (NYSEArca: PCY) − it is up more than 3.2 percent in the past month, and is clearly not getting the attention it deserves
- Market Vectors Emerging Markets High Yield Bond ETF (NYSEArca: HYEM) − amid all the talk about attractive yields on junk bond, this new ETF so far stands above the crowd, with a 30-day SEC yield of 8.73 percent
Check out the full report on Benzinga.