PowerShares S&P Emerging Markets Low Volatility
Same idea, different locale.
Those wanting to avoid U.S. stocks altogether can try another young fund, the PowerShares S&P Emerging Markets Low Volatility (NYSE:EELV). The EELV is based on the S&P BMI Emerging Markets Low Volatility Index, which represents countries such as South Africa (19.1%), Malaysia (14.5%), Taiwan (11%), Brazil (8.2%), Chile (8%), Thailand (6.7%) and South Korea (5.6%).
The biggest slice of the holdings pie (25%) goes to financials, with consumer staples and discretionary stocks and industrials also well-represented. Those stocks have helped EELV to a respectable 9% return in the past year.
EELV charges 0.29% in expenses.
Tom Taulli runs the InvestorPlace blog IPO Playbook, a site dedicated to the hottest news and rumors about initial public offerings. He is also the author of “How to Create the Next Facebook” and “High-Profit IPO Strategies: Finding Breakout IPOs for Investors and Traders.” Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities.