Unless you've been living in a cave, you know that the iShares MSCI Thailand Investable Market Index Fund THD and the Market Vectors Indonesia ETF IDX have sizzled in 2010. And with good reason. After all, those two markets are the only Asian markets officially in bull market territory.
But what is an investor to do that may want exposure to both markets or several other emerging markets along with Indonesia and Thailand in a single ETF?
Given how well Indonesia and Thailand have performed and how many emerging markets ETFs there are out there that represent plays on multiple markets, there aren't a ton of options capturing Indonesia and Thailand in a single fund, but there are few.
Here's a quartet of ETFs that offer exposure to both Indonesia and Thailand.
1) SPDR S&P Emerging Asia Pacific ETF GMF:
Don't get too excited if you're hunting for Indonesia or Thailand exposure here because GMF allocates more than 35% of its weight to China. Indonesia checks in at 4.45% and Thailand gets almost 3.6% of GMF's weight.
2) SPDR S&P Emerging Markets Small Cap ETF EWX:
Same goes for EWX. EWX is a great fund, but its weights to Indonesia and Thailand disappoint at 3.05% and 2.75%, respectively. Taiwan represents almost a third of EWX's weight.
3) PowerShares DWA Emerging Markets Technical Leaders ETF PIE:
Alright, now we're getting somewhere. Indonesia and Thailand combine for almost 21% of PIE's weight. PIE is a solid performer in its own right, though it hasn't grabbed many headlines this year.
4) WisdomTree Emerging Markets SmallCap Dividend ETF DGS:
While short on Indonesia exposure (just about 2.6%), DGS does allocate almost 10.5% of its weight to Thailand, making it an interesting option for the investor that is long IDX, but doesn't have any Thai exposure in his portfolio.
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