Click here to listen.

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 talked about the iShares MSCI Israel Capped Investable Market Index Fund (NYSEArca: EIS). With attractive valuations and global brand names, Israeli equities offer a chance for investors to diversify into a robust developed economy.

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.