There are also a number of currency-hedged ETFs that provide more targeted exposure. For example, the Deutsche X-Trackers MSCI Europe Hedged Equity ETF (NYSEArca: DBEU) is targets European markets, including U.K. 30.0%, France 15.1%, Switzerland 14.2%, Germany 14.1%, Spain 4.9%, Netherlands 4.7%, Sweden 4.6%, Italy 3.3%, Denmark 3.1% and Belgium 2.3%.

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Additionally, there are currency-hedged country-specific options as well, including the Deutsche X-trackers MSCI Japan Hedged Equity ETF (NYSEArca: DBJP), which focuses on Japan.

However, potential investors should be aware that these currency hedged ETFs may underperform non-hedged ETFs if the foreign currencies begin to appreciate or the U.S. dollar depreciates.

Financial advisors who are interested in learning more about overseas investments and currency risks can register for the Thursday, April 21 webcast here.

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