MENA (Middle East, North Africa) stocks are now
available to U.S. investors through eight exchange-traded funds
(ETFs).
These ETFs have not been trading long, so they do not have a long-term
record from which to evaluate their performance. But expect them
to be volatile. And the expense ratios of these ETFs are relatively
high with some annual fees approaching one percent.
| MENA
ETFs |
| ETF and Web Site |
Symbol |
Countries |
Top Sectors |
Annual Expense Ratio |
Comments |
| Claymore
BNY/Mellon Frontier Markets ETF* |
|
17 frontier countries. |
Financials, materials and telecommunications. |
0.65% |
Large postions in Poland. More... |
| iShares
MSCI Israel Capped Investable Market Index |
|
Israel. |
Health care, materials and financials. |
0.68% |
Holds 72 stocks. Large position in Teva
Pharmaceuticals. More... |
| Market
Vectors-Africa Index ETF |
|
Angola, Democratic Republic of the Congo
(DR Congo), Egypt, Equatorial Guinea, Ghana, Kenya, Mali, Morocco,
Nigeria, South Africa and Zambia. |
Financials, basic resources plus oil and
gas. |
0.83% |
Includes stocks that do business in 11 African
countries. More... |
| Market
Vectors Gulf States Index ETF |
|
Bahrain, Kuwait, Oman, Qatar and United
Arab Emirates. |
Banks, financial services and real estate. |
0.98% |
Includes stocks of countries that belong
to the Gulf Cooperation Council (GCC) More... |
| NETS
TA-25 Index |
|
Israel. |
Financials, materials, telecommunications. |
0.70% |
Tracks the TA-25,
the Tel-Aviv Stock Exchange's principal index of 25 large capitalization
stocks. More... |
| PowerShares
MENA Frontier Countries Portfolio |
|
Bahrain, Egypt, Kuwait, Jordan, Lebanon,
Morocco, Oman, Qatar and the United Arab Emirates. |
Financials, telecommunications, industrials. |
0.95% |
Holds 46 stocks. More... |
| SPDR
S&P Emerging Middle East & Africa |
|
Egypt, Israel, Jordan, Morocco, Nigeria
and South Africa. |
Financials, materials and health care. |
0.60% |
Large positions in South Africa and Israel.
More... |
| WisdomTree
Middle East Dividend Fund |
|
Bahrain, Egypt, Jordan, Kuwait, Morocco,
Oman, Qatar and the United Arab Emirates. |
Banks, telecommunications, diversified financials. |
0.88% |
Holds 46 stocks. Pays an attractive dividend
of over five percent. More... |
| NOTE: * FRN is not strictly a
MENA fund, but it holds some MENA stocks. |
