2 ETFs Poised to Ride Emerging Market Waves in 2024

Amid uncertainty surrounding the domestic economy and potential market volatility, investors seeking stability and growth may consider emerging market ETFs. In light of potential stock market volatility due to uncertainties souring the domestic economy, a prudent strategy could be to invest in emerging market ETFs for better growth and stability. To that end, investors might strategically position their portfolios to capitalize on better stability and growth prospects of emerging markets by investing in quality emerging market ETFs.

Two emerging market ETFs that could be great choices are Emerging Markets Internet and Ecommerce ETF (EMQQ) and Vanguard FTSE Emerging Markets ETF (VWO).

EMQQ is an exchange-traded fund launched and managed by Exchange Traded Concepts, LLC. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the EMQQ The Emerging Markets Internet & Ecommerce Index, by using a full replication technique. EMQQ has $385.49 million in assets under management (AUM) and has gained 5.3% over the past three months and 1.5% over the past six months.

VWO is an exchange-traded fund launched and managed by The Vanguard Group, Inc. It invests in public equity markets of emerging global regions. The fund seeks to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index by using a representative sampling technique. VWO has $101.37 billion in AUM and has gained 5% over the past three months and 0.6% over the past nine months.

Both EMQQ and VWO have promising outlooks based on their respective ratings and performance. Investing in emerging market ETFs can be a strategic move for investors looking for stability and growth in the current market landscape.