iShares MSCI Austria Investable Market Index Fund ( EWO) -2.5%

Although nations like Italy and Spain continue to command headlines, the impact of Europe's economic woes can be felt across the region.

Since bouncing against its 50-day moving average in mid-November, the Austria ETF has struggled to gain footing. A string of heavy losses has sent the fund to new 2011 lows. EWO has not seen these levels since the first half of 2009.

All prices as of 2:15 PM EST

Written by Don Dion in Williamstown, Mass.

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At the time of publication, Dion Money Management owned iShares Gold Trust and Market Vectors Indonesia ETF.

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