Four International Mid-Cap ETFs Your Broker Forgot to Mention

If you think domestic mid-cap stocks and ETFs have a tendency to fly under the radar, then wait until you set sail looking for international fare in this market cap spectrum. We're not saying global mid-caps are ignored, but the reality is this asset class doesn't grab many headlines either. Popular or not, there are some compelling options among international mid-cap ETFs that can help investors alleviate the burden of stock-picking in this incognito asset class. Here are four international mid-cap ETFs we're guessing your broker hasn't told you about. Global X Brazil Mid Cap ETF BRAZ: Considering how popular Brazil is an investment idea, the Global X Brazil Mid Cap ETF really flies under the radar. The 43-stock ETF is the only pure-play on Brazilian mid-caps and the ETF has another feather in its cap: It's great for conservative investors as Brazilian utilities account for 27% of the ETF's weight. It's not saying much, but BRAZ has outperformed the iShares MSCI Brazil Index Fund EWZ and the Market Vectors Brazil Smal-Cap ETF BRF year-to-date. IndexIQ Japan Mid-Cap ETF RSUN: RSUN has only been around since June, but that also means the ETF can lay claim to being the first and only mid-cap Japan-specific ETF on the market. As we noted earlier today, RSUN offers two compelling benefits: The ETF's sector composition positions the fund nicely for a rebound in Japanese equities. Second, RSUN has outperformed the larger and more liquid iShares MSCI Japan Index Fund EWJ since June. WisdomTree International MidCap Dividend Fund DIM: You like yield, don't you? The WisdomTree International MidCap Dividend Fund has it, sort of. A yield that's just north of 3% is better than what you'll get with 10-year Treasuries. DIM is great idea for getting multi-country mid-cap exposure under one umbrella. However, if you're looking to dodge PIIGS exposure, be advised that while Greece is not included in DIM, Spain, Italy, Portugal and Ireland account for about 11% of DIM's weight. IndexIQ Emerging Markets Mid Cap ETF EMER: The IndexIQ Emerging Markets Mid Cap ETF is another first-to-market concept from an ETF sponsor that has made a name for itself beating rivals to market with unique funds. EMER debuted about five months ago and is home to almost 215 stocks. Taiwan, South Korea and South Africa account for almost half of EMER's country weight while consumer discretionary, financial services, industrials and materials names all get double-digit allocations. Bull case: Conservative investors should head to DIM first, then RSUN. If emerging markets bounce, RSUN, BRAZ and EMER should generate decent alpha. Bear case: Brazilian inflation rises again and investors pass on beaten down European and Japanese equities. The latter scenario would crush DIM and RSUN.