Emerging market ETFs let investors buy a basket of developing countries with one trade and low fees. Some investors and financial advisors use emerging market ETFs to diversify their equity and currency exposure.
Although emerging markets are known for their volatility, some investors like the lower sovereign debt levels combined with better growth rates and demographics [Tom Lydon, Chuck Jaffe Talk ETF of the Week: Emerging Markets]
Vanguard MSCI Emerging Markets
Full disclosure: Tom Lydon’s clients own EEM.