Though a riskier option than EWC, the Guggenheim Canadian Energy Income ETF ( ENY) may be another attractive option for investors looking to home in on the nation's commodities industry. Unlike EWC, which casts a wide net over the Great White North, ENY specifically targets high yielding energy companies and oil sands players in an effort to profit as countries turn to Canada to fuel their growth. In addition, the fund offers an attractive yield, making it appealing to the income-minded crowd as well. Given the economic hurdles we have faced throughout the past month, it is understandable that investors are hesitant toward the idea of venturing into international markets. Canada, however, is an example of a country that could hold promise in the near and midterm. With funds like EWC and ENY, it is possible to gain exposure that satisfies seemingly any level of risk tolerance.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Canada ETF where we have detected an approximate $95.0 million dollar outflow -- that's a 3.8% decrease week over week (from 92,900,000 to 89,400,000). START SLIDESHOW:Click here to find out which 9 other ETFs experienced notable outflows » The chart below shows the one year price performance of EWC, versus its 200 day moving average: Looking at the chart above, EWC's low point in its 52 week range is $26.69 per share, with $33.11 as the 52 week high point — that compares with a last trade of $26.82.