Another emerging market ETF that has managed to trend up is the iShares MSCI Taiwan Index (NYSEArca:EWT). Similar to South Korea, the Taiwan ETF is sensitive to the growth patterns in China and any economic news stemming from the U.S. [Best Emerging Market ETFs]
Taiwan is still in danger of a recession, and the GDP forecast for 2012 has been reduced to 1.66%. Taiwan’s local tech sector is a major force of growth for the economy but has faced stiff competition from Chinese exporters lately.
EWT has gained 9% the past month.
iShares MSCI Poland
Tisha Guerrero contributed to this article.