With each up about 31% this year, the iShares MSCI Indonesia ETF (NYSEArca: EIDO) and the Market Vectors Indonesia Index ETF (NYSEArca: IDX) are two the best-performing emerging markets ETFs.

In fact, EIDO and IDX are two of the best non-leveraged ETFs of any stripe, but even with that, stocks in Southeast Asia’s largest economy may not be ready to cool off.

Indonesia’s benchmark Jakarta Composite Index may rise to 6,000 by the end of 2015 to exceed its all-time closing high of 5,214.98 in May 2013, said PT Ashmore Asset Management fund manager Arief Wana in an interview with Harry Suhartono and Yudith Ho of Bloomberg.

Like their India counterparts, Indonesia ETFs ran higher earlier this year in the run-up to the country’s national elections that saw the reform-minded Joko Widodo emerge victorious. However, EIDO and IDX have traded lower over the past month even though Joko’s previously contested victory has been cemented. [Indonesia ETFs Vulnerable on Post-Election Protest]

Analysts and money managers see upside for Indonesian financial services firms as demand for those services increases along with average income there, according to Bloomberg. That is an important factor for Indonesia ETFs because EIDO and IDX have weights to the financial services sector of 34.8% and 32.1%, respectively.

Although neither EIDO nor IDX have particularly high dividend yields, ETFs such as the WisdomTree Emerging Markets Dividend Growth Fund (NasdaqGM: DGRE) have benefited from dividend growth at Indonesian banks. DGRE allocates over 12% of its weight to Indonesian stocks, more than quadruple the country’s weight in the MSCI Emerging Markets Index. [Dividend Growth in an EM ETF]

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