Earlier this year, the iShares MSCI Indonesia ETF (NYSEArca: EIDO) and the VanEck Vectors Indonesia Index ETF (NYSEArca: IDX) spent considerable time among the best-performing, single-country emerging markets exchange traded funds.

Favorable government policies and a surprisingly accommodating central bank were among the policies driving Indonesian equities and the aforementioned ETFs higher.

Indonesian markets bounced after parliament approved a tax amnesty that the government believes would draw in billions of dollars to finance a budget gap as the country invests to expand its infrastructure in a bid to stimulate economic growth, Bloomberg reports.

Related: Indonesia ETFs Are a Bastion of Strength in Emerging Market

However, some of the shine has recently come off the Indonesia ETF trade. Over just the past week, the two Indonesia ETFs are off about 11% apiece, but some market observers believe now is a good time for risk-tolerant investors to reconsider stocks in Southeast Asia’s largest economy.

“We believe the sell-off creates opportunities in areas where an ETF related sell-off is forcing some of the large caps to sell off. We like domestic plays and those that have dollar revenues and IDR costs. We would use this opportunity to buy Astra, Media, Property, and selectively Banks,” according to a Credit Suisse note posted by Shuli Ren of Barron’s.

EIDO allocates over 53 percent of its combined weight to financial services and consumer discretionary stocks. IDX, the older of the two Indonesia ETFs, allocates just over 41 percent of its weight to those sectors.

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