For example, looking at some of the fund’s underlying holdings, CRH PLC, a construction materials company, which derives 44% of its revenue from the U.S., is benefiting from our housing recovery. Smurfit Kappa, a paper and packaging company, is capitalizing on the growing emerging markets.

iShares MSCI Ireland Capped Index ETF

For more information on Ireland, visit our Ireland category.

Max Chen contributed to this article.