I do not know when the markets will decide that 1% revenue growth eventually hinders future earnings. I cannot predict when short-sellers and profit takers will make bearish prognosticators appear brilliant. I certainly do not know if Europe's deepening recession or the next Federal Reserve statement or the ongoing currency wars will be at the root of the next stock market correction. Nevertheless, pullbacks are as inevitable as a disgruntled relative complaining at a family get-together. It's going to happen.

I recommend that an ETF enthusiast put together a list of stock ETFs that he/she would like to own if the prices were 5%, 10% and/or 15% lower. At a 5% discount from current prices, I like investments such as iShares High Dividend Equity ( HDV), iShares MSCI Emerging Market Minimum Volatility ( EEMV) and GlobalX Super Dividend ( SDIV).

At a 10% discount from current prices, I might consider broader market assets like iShares Mid Cap Value ( IWS), WisdomTree MidCap Dividend ( DON) and iShares MSCI Hong Kong ( EWH).

And at a 15% discount, when one needs to recognize the genuine possibility of a correction becoming a ferocious bear, I may be keen on those stock ETF assets that held up significantly better under fierce volatility and negativity. In all instances, I will employ stop-limit loss orders to protect against the possibility that losses accelerate.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

Disclosure Statement: ETF Expert is a website that makes the world of ETFs easier to understand. Gary Gordon, Pacific Park Financial and/or its clients may hold positions in ETFs, mutual funds and investment assets mentioned. The commentary does not constitute individualized investment advice. The opinions offered are not personalized recommendations to buy, sell or hold securities. At times, issuers of exchange-traded products compensate Pacific Park Financial or its subsidiaries for advertising at the ETF Expert website. ETF Expert content is created independently of any advertising relationships. You may review additional ETF Expert at the site.

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