iShares MSCI Australia ETF (NYSEArca: EWA)
Odds to win the World Cup: 2,500/1
ETF YTD: Up 9.9%
Comment: At 2,500/1, Australia is tied with Costa Rica and Iran, two countries with no corresponding ETFs, for the lowest odds to win the 2014 World Cup. That is alright because Australian stocks have delivered for investors this year, as highlighted by EWA’s performance, despite high valuations.
The WisdomTree Australia Dividend Fund (NYSEArca: AUSE), which is up 6.3% this year, is slightly cheaper on valuation than EWA. Both ETFs offer exposure to rising Australian, which totaled $40.3 billion last year, nearly double the amount paid in 2012, and are expected to grow again this year. [Say G’Day to Australian Dividends]