The iShares MSCI Brazil Index Fund (NYSEArca: EWZ) is the popular choice for investors looking for exposure to Brazil, but significant exposure to volatile Petrobras shares might be reason enough to look elsewhere, according to an article published on Zacks.
These three ETFs can provide exposure to the growing country and have little-to-no exposure to state-run Petrobras:
- Market Vectors Brazil Small-Cap ETF (NYSEArca: BRF)
- Global X Brazil Mid Cap ETF (NYSEArca: BRAZ)
- First Trust Brazil AlphaDex Fund (NYSEArca: FBZ)
For more information, visit Zacks.com.