With Greek and Spanish citizens withdrawing money from their respective banks, investors can use ETFs to play the downside in these countries or take defensive positions in less-affected European countries to find profits, according to an article on Benzinga.
The following Europe-specific ETFs were highlighted in the article for their ability to benefit from these “bank runs”:
- iShares MSCI Spain Index Fund (NYSEArca: EWP)
- iShares MSCI Austria Investable Market Index Fund (NYSEArca: EWO)
- Global X FTSE Nordic Region ETF (NYSEArca: GXF)
- iShares MSCI Sweden Index Fund (NYSEArca: EWD)
Head over to Benzinga.com for the full story.