NEW YORK ( TheStreet) -- The popularity of China and India as investing destinations has lead to the creation of a broad selection of exchange-traded funds aimed at tracking their respective markets from various vantage points.Aside from playing either nation independently, using ETFs, investors can combine the strengths of these two economic superpowers, using a "Chindia" ETF to gain exposure to an interesting mix of both Chinese and Indian companies under one roof. With economic issues threatening to stifle the economic pictures within the United States and much of the developed world, a growing slice of the world economy is turning to the emerging markets as a source of economic potential. Within the realm of emerging markets, perhaps no two nations are as recognizable or as closely followed as India and China. Boasting massive populations and -- as evidenced by India's nearly 9% GDP growth in the second quarter of 2010 -- breakneck economic growth pictures, these two economic superpowers will certainly be major shapers of global economic and political policy for years to come. Given the strong prospects and popularity of these two countries, investing in China and India has become a popular area of focus for ETF providers who have opened the doors to a growing number of opportunities for China and India bulls and bears.
Only a handful of weeks separate the launches of the Market Vectors India Small Cap Index ETF ( SCIF) from the Emerging Global Shares INDXX India Small Cap Fund ( SCIN). Seeing which fund gains the upper hand over the long term will be interesting to watch.
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