Indonesia is clearly a market worthy of some attention. There are two ETFs to directly play the moves of this exciting market:
- Market Vectors Indonesia Index ETF (NYSEArca: IDX). Expense ratio of 0.68%.
Sector Allocations: Financials 28.59%, Consumer Discretionary 13.7%, Consumer Staples 12.45%, Energy 11.91%, Telecom Services 11.74%, Materials 10.52%, Industrials 5.83%, Utilities 4.68% and S-T Securities 0.05%.
- iShares MSCI Indonesia (NYSEArca: EIDO). Expense ratio of 0.65%.
Sector Allocations: Financials 25%, Materials 14.7%, Telecom Services 12%, Consumer Discretionary 12.3%, Energy 11.6%, Consumer Staples 10.7%, Utilities 5%, Industrial Goods & Services 4.2% and Pharmaceuticals 1.8%.
Both funds have their heaviest weighting in financials, while IDX has more of a consumer focus, which could be taken as a more direct play on the domestic economy’s growth. EIDO also has a fair allocation to the consumer sector, and their expense ratios are nearly identical. What’s most important to you? Choose accordingly.
For more information on Indonesia, visit our Indonesia category.
Max Chen contributed to this article.