India ETFs surge after $12.9bn budget proposal

For instance, the EGShares Emerging Markets Consumer ETF (NYSEArca: ECON), EGShares EM Strategic Opportunities ETF (NYSEArca: EMSO) and WisdomTree Emerging Markets Consumer Growth Fund (NasdaqGS: EMCG) provide broad exposure to emerging market consumer sectors. Year-to-date, ECON fell 6.5%, EMSO rose 2.0% and EMCG was 6.5% lower.

ECON includes a 49.5% tilt toward consumer services and 46.1% in consumer goods, along with 11.3% in India.

EMSO tracks 29.5% consumer discretionary and 26.9% consumer staples, along with 30.3% telecom, 8.1% health care and 5.1% utilities. India makes up 14.2% of the fund’s portfolio.

EMCG holds 32.2% consumer discretionary and 28.9% consumer staples. The WisdomTree option includes a smaller 2.2% tilt toward India and focuses on Brazil, China and South Korea.

Furthermore, the Emerging Markets Internet & Ecommerce ETF (NYSEArca: EMQQ) focuses on internet names, notably those that cater toward online shopping or e-commerce.

WisdomTree India Earnings Fund

Max Chen contributed to this article.