ECH allocates exposure to utilities, industrials, financials and materials, and there is a 1.55% yield. ECH costs about 0.59%. The Global X Andean 40 ETF (NYSEArca: AND) is another ETF that gives diversified exposure to the region. Chile, Peru and Columbia are all represented and Chile gets the largest allocation, at 39%. The fund yields 1.72%. [Chile, Peru Stand Out in Emerging Market ETFs]

iShares MSCI Chile Index

Tisha Guerrero contributed to this article.

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