2. WisdomTree Indian Rupee ( (ICN)). You probably shouldn't mention growth in China without recognizing the tremendous GDP strides in neighboring India. Due to inflation concerns, and central bank interest rate hikes in the country, investors have dramatically sold off shares of Indian Stock ETFs.
That said, ICN has an "embedded income yield" of 5.3%. The calculation represents the annualized rate of return generated by the exchange-traded fund's investment in forward currency contracts; it assumes that foreign exchange rates remain constant and endeavors to show the yield of the ETF without the impact of currency exchange rates.
Though complex in implementation and explanation, ICN offers one way for investors to get basic exposure to the rupee. If you do not require additional pan-Asian stock exposure, but want a currency that has made steady gains against the buck, ICN is above its short-term and long-term moving averages.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
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.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV