14 ETFs to Target Attractive Asia Opportunities

Investors can also access Chinese markets or China A-shares that trade on mainland directly through options like the VanEck Vectors ChinaAMC SME-ChiNext ETF (NYSEArca: CNXT), iShares MSCI China A ETF (BATS: CNYA) and db X-trackers Harvest CSI 300 China A-Shares Fund (NYSEArca: ASHR).

Additionally, for India country exposure, ETF investors can look to options like the iShares MSCI India ETF (BATS: INDA), PowerShares India Portfolio (NYSEArca: PIN) and WisdomTree India Earnings ETF (NYSEArca: EPI), which have have also notched impressive performances this year.

Related: China ETF Growth Could Slow Ahead

BlackRock also pointed out that many of these emerging countries and the broader emerging markets  look much more attractive on a valuation standpoint relative to developed markets,  notably the U.S. Specifically, BlackRock showed that Russian markets were among the cheapest on the global markets. For instance, the VanEck Vectors Russia ETF (NYSEArca: RSX), the largest Russia ETF trading in the U.S., is trading at a 8.18 price-to-earnings and a 0.79 price-to-book, and the iShares MSCI Russia Capped ETF (NYSEArca: ERUS) shows a 7.15 P/E and a 0.73 P/B, while the S&P 500 is hovering around a 20.6 P/E and a 2.94 P/B. The broader iShares MSCI Emerging Markets ETF (NYSEArca: EEM), which tries to reflect the performance of the benchmark MSCI Emerging Market Index, is trading at a 12.9 P/E and a 1.61 P/B.

For more information on the Chinese markets, visit our China category.