Stronger-than-expected inflation data and blowout job growth in September reignited interest rate worries. Amid the increasing possibility of another rate hike by the Fed, rising Treasury yields, and growing geopolitical tensions due to conflict between Israel and Hamas, the stock market could remain highly volatile in the near term.
Therefore, best-performing emerging markets ETFs WisdomTree Emerging Markets High Dividend Fund (DEM), SPDR S&P Emerging Markets Small Cap ETF (EWX), and First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) could be ideal buys for instant diversification and potential gains.
