Paraguay: None of the funds in the Latin America Equities ETFdb Category offer pure play exposure to Paraguay; minor allocations to this country can be achieved through some of the broad-based Latin American ETFs, including ILF and LATM.
Slovakia: With a population of just over five million, Slovakia is one of the smallest countries represented at the World Cup. Exposure through ETFs is tough to find; GUR and ESR are the best bets for indirect exposure.
Brazil: One of the favorites to win, Brazil is accessible through three pure play ETFs, including a large cap fund (EWZ), small cap fund (BRF), and infrastructure ETF (BRXX). Also, ProShares offers 200% (UBR) and -200% (BZQ) leveraged Brazil ETFs.Ivory Coast: A popular sleeper choice in the "group of death," Ivory Coast is hard to find in any of the 1,000+ U.S.-listed ETFs; AFK is the closest, offering regional exposure. North Korea: Perhaps the biggest underdog in the tourney, North Korea is also the least accessible economy on this list. Isolationist policies make even indirect exposure difficult; the China Equities ETFdb Category may come the closest, but there's really no way to play North Korea through an ETF. Portugal: One of the only euro zone members without its own ETF, Portugal is accessible in minor amounts through broad-based Europe ETFs like IEV and VGK. Group F Chile: The iShares MSCI Chile Index Fund (ECH) is linked to an index comprised of the largest and most liquid Chilean equities (see Three Country ETFs With Low Debt-To-GDP Ratios). Honduras: This economy is far too small for its own ETF; the Market Vectors Latin America Small Cap ETF (LATM) offers some indirect exposure, as components companies generate revenues from Honduras. Spain: This country may be one of the favorites, but the iShares MSCI Spain Index Fund (EQP) has been one of the worst performing equity ETFs this year. Switzerland: The iShares MSCI Switzerland Index Fund (EWL) offers exposure to the Swiss economy; not surprisingly, financials are one of the largest sector allocations.