Related: Europe ETFs Can Catch Up to U.S. Rally

Consequently, given the risks associated with United Kingdom exposure, ETF investors looking into Europe market exposure should carefully consider their investment options. Europe ETF investors should look to region-specific options that specifically target Eurozone member states as opposed to more broader reaching Europe ETFs that may include United Kingdom exposure.

For example, the Vanguard FTSE Europe ETF (NYSEArca: VGK) is the largest and most popular play on European markets. However, VGK takes a broader approach to Europe exposure and includes U.K. and Switzerland company stocks. The United Kingdom is the largest country weight in the portfolio, making up 28.5% of VGK’s underlying weight.

On the other hand, investors may consider more Eurozone-centric ETF picks, such as the iShares MSCI EMU ETF (NYSEArca: EZU), which focuses on Eurozone members or does not include the likes of United Kingdom and Switzerland exposure.

For more information on the European markets, visit our Europe category.