While EMFM is one of the few ETFs with exposure to what may appear to be rough and tumble markets such as Pakistan, Bangladesh, Gabon and Laos, there is something to be said for taking a look at frontier markets exposure. Collectively, frontier markets are historically less volatile than their emerging peers and frontier markets are trading at a 22% discount for trailing P/E and a 30% discount on P/B, according to BlackRock.
EMFM is up 13% this year.
Global X Next Emerging & Frontier ETF
Tom Lydon’s clients own shares of EEM.