Developed MarketsDepending on whether you refer to FTSE Group, MSCI, Russell Global, BNY Mellon, or another index provider, you will get slightly varied lists of the "Developed Countries" in the world because each group's individual criteria differs somewhat. That said, you will see replication on these lists, such as countries like the United Kingdom, Switzerland, Japan, Australia, France, and Germany. ETF options in the developed markets arena include: PowerShares BLDRS Developed Markets 100 ADR Index Fund ( ADRD) tracks the BNY Mellon Developed Markets 100 ADR Index and has an "MSCI EAFE" perspective, with exposure to the United Kingdom, Japan, Switzerland, France, Spain, Germany, Australia, Netherlands, Italy, and others. PowerShares BLDRS Europe 100 ADR Index Fund ( ADRU) is based on the BLDRS Europe 100 ADR Index, and owns ADRs from the United Kingdom, Switzerland, France, Spain, Germany, Netherlands, Italy, Finland and interestingly Israel, even though most would not normally think of Israel being geographically part of Europe.
Emerging MarketsLike developed markets, emerging markets are subjective to criteria of the index provider, especially as countries such as China and India continue to grow at tremendous paces. The question becomes, when does one "graduate" from emerging to developed? That said, index providers such as FTSE Group and MSCI classify countries like Brazil, China, India, and Indonesia as emerging markets. PowerShares BLDRS Asia 50 ADR Index ( ADRA) is basically an emerging/developed Markets hybrid, with exposure to Japan, Australia, China, South Korea, India, Taiwan, Hong Kong, Indonesia, and the Philippines and based on the BNY Mellon Asia 50 ADR Index. PowerShares BLDRS Emerging Markets 50 ADR Index ( ADRE) tracks the BNY Mellon Emerging Markets 50 ADR Index and has exposure to Brazil, China, South Korea, India, Mexico, Taiwan, Hong Kong, South Africa, and Russia. One can't talk emerging markets without mentioning the term "BRIC." BRIC stands for well-known emerging market country leaders, Brazil, Russia, India, and China, and there are a few ADR-focused options in the BRIC space. Claymore/BNY Mellon BRIC ( EEB) tracks the BNY Mellon BRIC Select ADR Index and as advertised, has portfolio exposure to Brazil, China, India, and Russia, in that order. For those looking to leverage their trading in the BRIC space, Direxion recently launched Daily BRIC Bull 2x Shares ( BRIL)and Daily BRIC Bear 2x Shares ( BRIS), and these ETFs are based on the same index as EEB.