Investors can gain exposure to China through options like the iShares China Large-Cap ETF (NYSEArca: FXI), SPDR S&P China ETF (NYSEArca: GXC), VanEck Vectors ChinaAMC SME-ChiNext ETF (NYSEArca: CNXT), and db X-trackers Harvest CSI 300 China A-Shares Fund (NYSEArca: ASHR).

European markets also look attractive as they are still near their middle business cycle.

“The Eurozone is not as far along as the U.S. in the cycle, and it continues to benefit from improving sentiment and credit conditions,” according to Fidelity.

For broad Europe exposure, investors can look to something like the iShares MSCI EMU ETF (NYSEArca: EZU) and SPDR EURO STOXX 50 (NYSEArca: FEZ).

When looking at U.S. markets, investors may look to energy and materials sectors that have done well as inflationary pressures build and late-cycle economic expansion helps support demand. ETF investors in the oil industry can track broad sector plays like the Energy Select Sector SPDR (NYSEArca: XLE), Vanguard Energy ETF (NYSEArca: VDE) and Fidelity MSCI Energy Index ETF (NYSEArca: FENY). For materials exposure, investors can look to the Materials Select Sector SPDR (NYSEArca: XLB), Vanguard Materials ETF (NYSEArca: VAW) and Fidelity MSCI Materials Index ETF (NYSEArca: FMAT).

For more information on the global markets, visit our global ETFs category.