The Arrow Dow Jones Global Yield ETF (NYSEArca: GYLD) is another ETF with exposure to Venezuelan debt at both the sovereign and quasi-sovereign levels.
GYLD has exposure to other developing markets as well, but most of the fund’s weight is allocated to developed markets and that has helped the fund perform admirably among global bond ETFs this year. Global corporates and sovereigns combine for 40.3% of GYLD’s weight. The fund has a 30-day SEC yield of 6%. [A Global Multi-Asset ETF With a Juicy Yield]
The Market Vectors Emerging Markets High Yield Bond ETF (NYSEArca: HYEM), with a 30-day SEC yield of 7%, has a 5.7% weight to Venezuela.
Arrow Dow Jones Global Yield ETF
ETF Trends editorial team contributed to this post.