This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Sick of BRIC? ETF Alternatives, Part 1

Stocks in this article: RSXVNM

This is part one of a two-part series on BRIC alternatives.

NEW YORK ( TheStreet) -- For many ETF investors, the term "emerging market" brings to mind BRIC funds like iShares MSCI BRIC (BKF), Claymore/BNY BRIC (EEB) and SPDR S&P BRIC 40 (BIK).

While the BRIC combination of Brazil, Russia, India and China has long been the gold standard of emerging-market investing, other contenders are beginning to enter the field.

Single-country ETFs are allowing investors new access to emerging economies around the globe. In addition to still-strong Russia, Vietnam, Thailand, Turkey and South Korea also provide growth opportunities for the risk-tolerant investor.

In this two-part series, we will examine these single-country funds and their potential for the ETF investor. Today we will focus on Market Vectors Russia (RSX) and Market Vectors Vietnam (VNM).

Market Vectors Russia

This fund is Russia, by itself. Investors should see this country, and this fund, as an energy play. While OPEC nations battle about production cuts, Russia surpassed Saudi Arabia in crude oil production during the second quarter of 2009. During this period, daily exports from Russia grew to 7.4 million barrels while Saudi shipments fell by 7 million per day.

RSX is a good play for investors who want to take advantage of Russia's oil opportunities. RSX comprisies publicly traded companies that are domiciled in Russia and traded in Russia and/or on leading global exchanges. The largest sector represented in the fund's portfolio is oil and gas, with a 42.6% allocation.

Year to date, RSX is up more than 92%. As Russia battles the corruption that has plagued its economy, this fund may have even more room to run.

Market Vectors Vietnam

Vietnam may have the potential to be the next China, and the global supply chain is already several years into a shift from China to Vietnam. As China's economy continues to grow, Vietnam has stepped in as the new destination for the type of low-cost manufacturing that helped to make China so successful. (See Vietnam ETF: Way to Play Booming Nation .)

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,399.67 +19.26 0.12%
S&P 500 1,904.01 +17.25 0.91%
NASDAQ 4,316.0740 +57.6360 1.35%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs