Upon joining the MSCI Emerging Markets Index, Qatar and UAE will be dwarfed on a percentage basis by the index’s primary engines such as China, South Korea and Brazil. Investors looking to keep some exposure to the Middle East after Qatar and UAE depart FM can consider the high-yielding WisdomTree Middle East Dividend Fund (NasdaqGS: GULF).
Although GULF is small with $21.8 million in assets under management, the ETF has a 30-day SEC yield of 5.39% and it allocates a combined 73.3% of it weight to Qatar, UAE and Kuwait in that order.
WisdomTree Middle East Dividend Fund
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of EEM.