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I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.

This week, I looked at the Market Vectors Emerging Markets High Yield Bond ETF (NYSEArca: HYEM). Considering the low yields in the developed world, investors may consider emerging market corporate bonds that diversify a portfolio with international exposure and provide robust yields. HYEM has a 30-day SEC yield of 7.4%, according to manager Van Eck. [Emerging Market Bond ETFs with Attractive Yields]

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.