Over the last five years, Latin America’s exchange traded funds (ETFs) have shown they’ve got the moves.

What’s more, the region is exhibiting signs of being a reliable long-term sector, says Tom Sullivan for Barron’s. Latin America gets a special boost in the area of natural resources, since it’s known as a region rich in iron, copper and oil.

During the last five years, these ETFs and mutual funds have been the top performers, and gaining an average 45%. Last quarter alone they went up 8.4% compared to U.S. equity funds at 1%.

Aside from metals and oil, Latin economies also harbor financial services, technology, wine and seafood, adding diversity to the economy. Liberal political and economic policies have been implemented in some countries, helping to create a middle class that’s both making and consuming goods.