Investors have jumped into high-yield international bond ETFs to gain exposure to Eurozone debt. For instance, the Market Vectors International High Yield Bond ETF (NYSEArca: IHY) includes a 10.3% exposure to U.K., 9.2% to France and 9.7% to Italy. IHY has a 0.40% expense ratio and a 4.47% 30-day SEC yield. [Not so Junky European Junk Bond ETFs]
The SPDR International High Yield Bond ETF (NYSEArca: IJNK) top European country weights include Italy 13.6%, U.K. 10.5% and France 11.5%. IJNK has a 0.40% expense ratio and a 4.19% 30-day SEC yield. [ETF Spotlight: International Junk Bonds]
Top country holdings in the iShares Global ex USD High Yield Corporate Bond ETF (NYSEArca: HYXU) include France 14.2%, Italy 14.3% and Luxembourg 13.4%. HYXU has a 0.40% expense ratio and a 3.02% 30-day SEC yield.
For more information on the Eurozone, visit our Europe category.
Max Chen contributed to this article.