Dow Jones Emerging Markets Metals & Mining Titans Index Fund (EMT)
In any economic downturn, mining stocks are often pummeled by a decline in demand for raw materials (as well as a strengthening of the U.S. dollar). Conversely, during economic booms hard asset producers can benefit from strong materials demand and rising natural resource prices. As a combination of a risky sector (mining) and a risky geographic allocation (emerging markets), EMT is one of the more volatile equity ETFs out there. This combination has led to big losses over the last quarter, but also makes EMT an intriguing play if a steady recovery is ahead.