Investors still wary about some of the biggest emerging countries can take a look at the SPDR MSCI EM Beyond BRIC ETF (NYSEArca: EMBB) and the EGShares Beyond BRICs ETF (NYSEArca: BBRC) as alternatives. Both EMBB and BBRC exclude the BRIC countries, or Brazil, Russia, India and China – Barclays also anticipates a deeper recession in Russia ahead.
On the other hand, the bank projects “robust growth” in India and Indonesia.
Investors can also target India through country-specific ETFs, including the WisdomTree India Earnings Fund (NYSEArca: EPI), iShares India 50 ETF (NasdaqGM: INDY) and PowerShares India Portfolio (NYSEArca: PIN). [Investors Piling Into India Markets, Stock ETFs]
Additionally, for Indonesia exposure, ETF investors can take a look at the iShares MSCI Indonesia ETF (NYSEArca: EIDO) and Market Vectors Indonesia Index ETF (NYSEArca: IDX). [ETF Plays to Capture Growth in Emerging Asia]
Despite the recent pullback, Barclays also argues that China should support the case for emerging markets, since the country “has greater potential for significant and sustained effects on global markets.”
For more information on developing countries, visit our emerging markets category.
Max Chen contributed to this article.